Which of the following terms means that people want more things than they can easily acquire?

What kind of education do you need to be a construction engineer technology?

Sliva [168]

You would have to earn an <span>Associate of Applied Science (AAS) degree or an advanced technical certificate. </span>

4 0

3 years ago

The margin of safety is a measure of the distance between budgeted sales and the break-even point. It can be measured in dollars

Rudiy27

Answer:

The correct option is these statements are true

Explanation:

Margin of safety is the measure of the reduction in sales that needs to be recorded before a company makes no profit,invariably the difference the planned sales volume and the sales volume required to break even(makes no profit no loss).

The margin of safety can be expressed in volume,say 100 units of a product,in dollar terms ,say each product sells for $100 each,the margin of safety becomes $10,000($100*100) and can also be expressed in percentage terms depending on the way management wants it stated.

4 0

3 years ago

A worker, who is typical in all respects, works for a wage of $30,000 per year in a perfectly safe occupation. Another typical w

Fantom [35]

Answer:

$6,000,000

Explanation:

Change in risk = 0 in 1,000 to 1 in 1,000 = 0 to 0.001 = +0.001

Change in wage = $30,000 to $36,000 = +$6,000

Therefore:

wage/risk = 6,000/0.001

= $6 million or $6,000,0000

The value of a human life for workers with these characteristics should a cost-benefit analyst use is $6,000,000 because workers are willing to receive an extra $6,000 for a 1 in 1,000 increase in risk of death, implying a value of life of $6 million)Value of human life for workers with these characteristics = $6 million .

In order words the workers require $6,000 to accept a death risk of .001. The value of life implied by this is $6,000/.001 = $6,000,000.

4 0

3 years ago

Read 2 more answers

Financial analysts said they were surprised that despite higher inflation and shrinking profits margins, investors continue pour

kicyunya [14]

Answer:

The correct answer is (E) continued to pour money into the stock market in the belief that the American economy was

Explanation:

Inflation can affect cash flows to a greater or lesser extent, depending on their nature. Thus inflation could affect sales prices more, or costs. The entrepreneur generally fights inflation trying to reduce costs and maintain competitive prices, but he can not against generalized inflation in the economy, and consequently his cash flows could be, in real terms, increasingly lower, by the loss of the power to buy money. In this way, inflation encourages investments with rapid recovery and that require less capital investment.

8 0

3 years ago

During the year, direct labor costs of $30,000 were incurred, manufacturing overhead totaled $42,000, materials purchased we

andriy [413]

Answer:

Total Manufacturing Cost = $96,347

Explanation:

Total manufacturing cost include all the costs related directly to the production, and does not include any indirect costs, or cost of selling and administration.

Thus, for the information provided we have,

Since not provided assumed no opening and closing inventory.

Total manufacturing cost =

Direct Labor Cost $30,000

Add: Manufacturing Overhead $42,000

Add: Materials Purchased $27,000

Less: Indirect Material included = ($2,653)

Total Manufacturing Cost = $96,347

4 0

3 years ago