Answer:
a. production-oriented.
Explanation:
The only consideration of the firm when deciding what to produce is how the plant can run efficiently. They don't consider cost or value of the good to consumers.
Thus, the firm is production-oriented.
I hope my answer helps you
Hi there
Total assets turnover=sales÷average total assets
Average total assets
(1,481,000+1,424,000)÷2=1,452,500
So total assets turnover is
1,460,000÷1,452,500=1.01...answer
Hope it helps
Answer: FVn = P( 1 + r )^n
Explanation:
Compound interest means that the bank is providing you with a return based on the opening balance on your account each year. This opening balance will include the interest earned in the previous year therefore ensuring that the bank will keep paying you a higher interest each year.
The formula is;
<em>FVn = P( 1 + r )^n</em>
Where;
FVn is the future value of the amount after n number of years
P is the money that you deposited
r is the interest rate that the money is being compounded with
n is the number of years
Answer: Rachel should produce pie and Joey should produce bread.
Explanation:
Rachel can make 1 loaf of bread in 2 hours and 1 pie in 1 hour. Therefore, Rachel can take less time to produce 1 pie as compared to 1 loaf of bread, as a result she should produce pie.
Joey can make 1 loaf of bread in 4 hours and 1 pie in 4 hours. Therefore, Joey can take same time for producing either pie or bread. But he has only one option to produce bread.
So, Rachel is specialized in producing pie and Joey is specialized in producing bread in order to maximize their combined output.
Company A has: Reached the break-even point and Company A's contribution margin equals the fixed costs.
<h3>What is break even point?</h3>
Break even point is the point in which a company neither make gain or loss.
Based on the information given company A has reached the break-even point because there is no gain or loss.
Company A's contribution margin also equals the fixed costs.
Contribution margin=Sales-Variables cost
Contribution margin=$500,000-$350,000
Contribution margin=$150,000
Contribution margin equal fixed cost of the amount of $150,000.
Inconclusion Company A has: Reached the break-even point and Company A's contribution margin equals the fixed costs.
Learn more about break even point here:brainly.com/question/9212451