Product screening reduce the number of new-product ideas being worked on at any one time. New products have to be compatable with the overall business.
Based on the information given the percent of assets provided by earnings is: 60%.
<h3>Earnings percent of assets:</h3>
Total assets=Cash +Land
Total assets=$500+$3,500
Total assets=$4,000
Earnings percent of assets :
Earnings percent of assets=Retained earnings/Total assets×100
Earnings percent of assets=$2,400 ÷ $4,000×100
Earnings percent of assets=60%
Inconclusion the percent of assets provided by earnings is: 60%.
Learn more about retained earnings here:brainly.com/question/25631040
Answer:
What is driving Anne's and Adam's decisions?
Opportunity cost
Explanation:
The opportunity cost is the amount of benefits expressed in monetary terms of picking one alternative over the other. It is an economical aspect as opposed to an accounting aspect. It is mostly beneficial to business people or investors who have a variety of business opportunities that requires an investment. Since they are not always considered in financial reports, they are often an unnoticed and may not be considered in most cases. This can cause the occurrence of missed opportunities that might have been more beneficial than the option chosen. The opportunity cost can be calculated using the formula below;
O.C=F.O-C.O
where;
O.C=opportunity cost
F.O=return on best foregone option
C.O=return on chosen option
In our case, Anne had to consider either continuing to sell the same number of dresses or increasing her production to capitalize on the profit margins. She chose to increase her production. Adam also had two alternatives; to utilize the opportunity of buying furniture at a lower cost down the street within two days before the offer ends or buying furniture expensively after the end of the offer. Adam chose to utilize the offer and bought the furniture a half-price sale.
Answer:
2. Express gratitude and best wishes for the future
Explanation:
<u>Note: The given answer is based upon the 3 options provided in the question</u>
Whenever a job offer is to be declined, it must be ensured that such a response letter or email should be in a polite tone wherein one should express gratitude to the employer for the opportunity.
At the same time one should express regret being unable to accept the job owing to some reason.
Another thing noteworthy here being, specific reasons for declining the job offer need not be mentioned since that could result into strained relations with the employer apart from appearing rude and impolite.
Answer:
D)reducing its need to be self-sufficient,
Explanation:
Specialisation by a country's economy means that it produces only the specialised goods & even export it, import the other goods.
It decreases opportunity costs, decreases cost of voluntary exchanges. Higher level of specialisation implies there is increased labor force division.
However, it reduces need of country to be self sufficient. As, it can gainfully trade its specialised goods for other goods (in which other economy specialises).
