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3 years ago

This is the forces that combine to make the production of products and services possible.

Business

1 answer:

Hatshy [7]3 years ago

8 0

"Factor of Production" is the force that combine to make the production of products and services possible.

Explanation:

Factor of production involves land, labor, capital, and entrepreneurship.

Land:

The important factor is that it creates major revenue through oil, gases and other possible resources which can be obtained from the land.

Labor: Starting from the person who brought bricks to build the company till the top management of the company are part of the Labor factor.

Capital: A factor which implicitly support as a factor of production. Without capital there is no chances of production or providing wages.

Entrepreneurship: These are the brainstorms who plan and create product and sits at the top level and make production and service possible.

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Define the term human rights violations

anygoal [31]

Answer:

Human rights violation or abuse means any harm committed by a State or a business enterprise, through acts or omissions in the context of business activities, against any person or group of persons, individually or collectively, including physical or mental injury, emotional suffering, economic loss or substantial impairment of their human rights, including environmental rights, through acts or omissions in the context of business activities of a transnational character.

Explanation:

7 0

2 years ago

Piper Rose Boutique has been approached by the community college to make special polo shirts for the faculty and staff. The coll

Burka [1]

Answer:

Piper Rose Boutique should accept the special order made by the college

Explanation:

Price per unit the college is willing to pay = $6

Total variable cost per unit to be incurred by Piper Rose Boutique = Direct materials + Direct labor + Variable factory overhead = $2.00 + $0.50 + $1.50 = $4,00

Since the price per unit of $6 that the college is willing to pay is greater than the total variable cost per unit of $4 to be incurred by Piper Rose Boutique, Piper Rose Boutique should accept the special order made by the college.

Note: the Fixed factory overhead is not relevant in taking the decision. Only the variable costs are relevant.

3 0

3 years ago

When the value of investment A changes more and faster than the value of investments B and C, investment A has a higher _____.

Talja [164]

I think the most appropriate answer would be D. As other answers has nothing to do with this question.

I hope it helped you!

4 0

3 years ago

Lew just purchased $67,600 of equipment that is classified as 5-year MACRS property. The MACRS rates are 20 percent, 32 percent,

Nat2105 [25]

Answer:

The book value of this equipment at the end of four years if he ignores bonus depreciation $26,290.

Explanation:

Cost of property = $67,600

Balance Depreciation

Year 1 67,600 13520

Year 2 54,080 17,306

Year 3 36,774 7,061

Year 4 29,713 3,423

Book vaue at the end of year 4 = 29,713 - 3423 = $26,290

6 0

3 years ago

On December 1, 2018, Shamrock Company received $9,600 from Destiny, Inc. for rent of an office owned by Shamrock Company. The pa

andrey2020 [161]

Answer:

b. credit to Rent Revenue of $3,200

Explanation:

Cash collected in advance results in the the creation of an asset and a liability. Hence a debit to cash account and a credit to deferred revenue. When the revenue is earned, it is recognized as a credit to revenue and a debit to deferred revenue with the amount earned.

Amount earned as at December 31

= 1/3 × $9,600

= $3,200

Entries required

Debit Deferred Rent revenue $3,200

Credit Rent Revenue $3,200

Being entries to recognize revenue earned as at December 31

4 0

3 years ago