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kakasveta [241]
3 years ago
13

A country has been in existence for only two years. In the first​ year, receipts were​ $1.0 million and outlays were​ $1.5 milli

on. In the second​ year, receipts were​ $1.5 million and outlays were​ $2.0 million. At the end of the second​ year, the government had issued debt worth​ ______.
Business
1 answer:
KengaRu [80]3 years ago
4 0

Answer: $1 million

Explanation:

From the question, we are informed that a country has been in existence for only two years and that in the first​ year, receipts were​ $1.0 million and outlays were​ $1.5 million. Since outlays us more than revenue, it shows that there's a debt of ($1.5m - $1.0m) = $0.5 million.

In the second​ year, receipts were​ $1.5 million and outlays were​ $2.0 million. This also shows that there is a debt of $0.5 million.

At the end of the second​ year, the government had issued debt worth:

= $0.5 million + $0.5 million

= $1 million

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Answer:

Predetermined manufacturing overhead rate= $8.3 per machine hour

Explanation:

Giving the following information:

Total machine-hours 80,000

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Variable manufacturing overhead per machine-hour $ 3.10

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (416,000/80,000) + 3.1

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Game theory can help us understand why Xerox did not successfully exploit the opportunity it had in IT. If Xerox commercializes
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If Xerox commercializes PC technology and its rivals do not Xerox payoff is expected to be $250m, whereas the competitors’ payoff is $75m.

<h3>What is game theory?</h3>

This is the game strategy that involves two players where each of the players have to pick the most favorable choice based on the choice of the other person.

Here it would be best for Xerox to pick option B because this is where they would be able to get the most advantage.

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<h3>Complete question</h3>

Game theory can help us understand why Xerox did not successfully exploit the opportunity it had inIT. If both Xerox and competitors continue with old technology the payoff for XeroxSelect one:a.

is $150m, whereas the competitors’ payoff is $325m.

b. is $2

50m, whereas the competitors’ payoff is $75m.

c.

is $75m, whereas the competitors’ payoff is $250m.

d.

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D. May require losing money fighting the first potential entrant.

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In this form of gaming, or in this game theory, it is said to be played over and over and could possible be in a probability form that is why that possibly, as a player, you may require loosing money fighting the first potential entrant.

Fighting the first entrant, possibility of cooperating means that their could be a possible compromise in order to carry on accepting a payoff over a certain period of time, knowing that if we do not uphold our end of the deal, our opponent may decide not to either.

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what is designed to ensure that the day to day activities are consistent with the established plans and objectives
kodGreya [7K]

Operational control systems are made to make sure that daily operations follow predetermined plans and goals.

What is operational system?

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Operational control systems have established strategies and objectives and concentrate on daily operations. Management control systems are the ancestors of operational control systems. Operational control systems oversee daily operations as well as training initiatives, employee engagement, leadership, and communication.

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