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4 years ago

Identify whether the statements below are true or false by dragging and dropping the appropriate term into the bin provided.

Business

1 answer:

Tema [17]4 years ago

7 0

<u>Solution and Explanation:</u>

1. False- Long run Economic growth is likely to be sustainable because of finite natural resources as othe man made resources will be available to sustain growth.

2. False- In mordern economy posesing few natural resources will not affect a country to develop economically; human resources and man made resources will also contribute. Foreign trade can also play an important role towards growth, in the absence of abundant natural resources.

3. True- Natural resources are vital, and mostly exhaustible. Hence it is very essential to find suitable alternatives.

4. False- Economies of 21st century depend on human capital due to depletable atural resources.

5. True - In the 19th century, minerals and farming land were the most mportant resources, since self sustainability was in vogue.

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A person is overweight (350 pounds) and desires to lose 10% of his body weight over 6 months. what is the total kcalorie intake

snow_tiger [21]

Total caloric restriction over 6 moths:

10%*350 pounds = 35 pounds.

35 pounds * 3,500 calories per pound = 122,500 total calories.

------------------------------------

If weigh loss period is 27 weeks, divide by total number of weeks:

122,500 calories/ 27 weeks = 4537 calories per week

and by number of days (27 weeks= 189 days)

122,500/189 = 648 calories per day

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3 years ago

Which of the following describes the goal that should be pursued when setting transfer prices? Minimize opportunity costs. Maxim

nata0808 [166]

Answer:

Establish incentives for autonomous division managers to make decisions that are in the overall organization's best interests (i.e., goal congruence).

4 0

4 years ago

Read 2 more answers

During January, time tickets show that the factory labor of $7,000 was used as follows: Job 1 $2,300, Job 2 $1,780, Job 3 $1,570

Arisa [49]

Answer:

The direct labor cost is directly debited to work in process account of specific job and indirect labor cost is debited to factory overhead control account.

The summary journal entry to record factory labor used is given below.

Debit WIP JOB 1 $ 2,300

Debit WIP JOB 2 $ 1,780

Debit WIP JOB 3 $ 1,570

Debit Factory Overhead Control account $ 1,350

Credit Payrol account $ 7,000

4 0

3 years ago

Preparing cost of goods sold budget Prepare a cost of goods sold budget for the Summit Manufacturing Company for the year ended

choli [55]

Answer:

COGS= $2,218,200

Explanation:

Giving the following information:

WIP:

Beginning= 28,500

Ending= 23,700

Finished goods:

Beginning= 19,300

Ending= 22,400

Direct materials:

Purchased= 854,000

Beginning inventory= 31,000

Ending inventory= (26,000)

Direct material used= 859,0000

Totals from other budgets included:

Direct labor cost= $539,500

Total factory overhead costs= $818,000

First, we need to calculate the cost of goods manufactured:

cost of goods manufactured= beginning WIP + direct materials used + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 28,500 + 859,000 + 539,500 + 818,000 - 23,700

cost of goods manufactured= $2,221,300

Now, we can calculate the cost of goods sold:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 19,300 + 2,221,300 - 22,400

COGS= $2,218,200

5 0

3 years ago

In a economy, it is harder to find sponsors willing to pay for premium sponsorship opportunities

Papessa [141]

Answer:

the correct answer is a) Fast

Explanation:

can you guess to reason behind it? it's simple. mainly because people value their money are mostly risk aversive. this means they tend not to take risks and avoid them.

although an opportunity to make more money, more profits, more publicity seems lucrative at first, all of these premium opportunities carries an unavoidable risk with them and there is a chance that the opportunity might not turn out to be as we expect it.

so it is because of this it is difficult to raise funds fast!

6 0

3 years ago