Answer:
The correct answer is (b) positive economics.
Explanation:
The positive or descriptive economy seeks to explain how the economy works based on reality, that is, empirically. Therefore, try to explain what it was, what it is and what it will be, explaining the consequences of different economic phenomena.
In making a positive economy, economists are considered to act as scientists, moving their moral considerations away from the reality analyzed. Thus, they focus on explaining the cause-effect relationships between facts and economic variables objectively.
The positive economy starts from an economic phenomenon and seeks to find its cause (what was) and its consequences (what will be). This is about establishing a chain of cause-effect relationships between the different economic phenomena, so that the consequences on the reality of any change in the variables studied can be known.
Answer:
decrease in the operating income of $132,100
Explanation:
The computation of the impact on the operating income should be given below:
Sales $1,050,000
less: variable cost -$860,000
contribution margin $190,000
Less fixed cost (30% of $193,000) -$57,900
Impact on operating income $132,100
So there is a decrease in the operating income of $132,100
The answer is: "Decision support system (DSS)" .
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Answer:
True
Explanation:
The reason is that all the management owe fiduciary duties towards the shareholders and the corporation as well because the managers are acting as an agent and their principal is shareholders are principal so the agent must act in the best interest of the principal and shareholder's best interest here is long term success of the company with no fraudulent activities in the company. This law protects the shareholders by stating that management owe fiduciary duty to shareholders which is a true statement.
Assets that are not expected to provide benefits for a number of accounting periods are called b. fixed assets
