Answer:
Event Classification
1. Asset Source
2. Asset Use
3. Asset Use
4. Asset Source
5. Asset Exchange
6. Not applicable (NA)
7. Asset Source
8. Asset Use
9. Asset Source
10. Asset Exchange
11. Asset Source
Explanation:
An asset is an economic resources controlled by an entity from which future economic benefits are expected.
In recording asset, business events can result in asset source,asset use and asset exchange. Asset source is the acquisition of asset, asset use is consumption of existing asset and asset exchange is the transfer of asset from one source to another.
They were most likely engaged in "classroom training and lectures."
<h3>what is
classroom training?</h3>
In the classroom training approach, a facilitator simultaneously imparts knowledge or information to a group of employees. The fact that numerous employees can study simultaneously is this training method's key benefit.
It is extremely likely that the employees underwent "classroom training" on their first day of work because Ford employed them to work in different divisions with various job roles.
The claim that all twenty of the employees attended the same training and development courses on the same day and at the same time and received the same orientation serves as additional support for this.
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Answer:
E. None of the above
Explanation:
The standard reaction function of firm 2 is given as = a-Cb/2b - 1/2*Qa
P = 30 - (Qa + Qb)
where a = 30 b = 1 and C = 3.
Leader's output = (a + Cb - 2Ca)/2b
Leader's output = (30 + 3 - 3*2)/2
= 13.5 units.
Reaction function of firm B,
Qb = 30 - 3/2
= 13.5 - 1/2*13.5
= 6.75 units.
P = 30 - (13.5 - 6.75)
= $9.75
Therefore, The price of this new drink in the long run if the industry is a Stackelberg duopoly is $9.75
Answer:
Equilibrium Price = 40 ; Equilibrium Quantity = 600
Explanation:
Equilibrium is where : Market Quantity Demanded = Market Quantity Supplied
Market Quantity Demanded = No. of Consumers x Individual Demand Curve
= N x Qi = 100 [10 - 0.1P] = 1000 - 10P
Market Quantity Supplied = Qs [Given]
So, Equilibrium is where :
1000 - 10P = 20 P - 200
1000 + 200 = 20P + 10P
1200 = 30P
P = 1200 / 30 = 40 [Equilibrium Price]
Equilibrium Quantity : Putting Equilibrium price value in Quantity demanded & quantity supplied;
Quantity Demanded = 1000 - 10 (40) = 1000 - 400 = 600
Quantity Supplied = 20 (40) - 200 = 800 - 200 = 600
Extra units that are held in inventory to reduce stock outs are called just-in-time inventory. The term inventory refers to both the raw materials utilized in production and the finished commodities that are ready for sale. The first-in, first-out method, the last-in, first-out approach are used for inventory valuation.
Inventory turnover is a major contributor to revenue production and, subsequently, to profits for the company's shareholders, making it one of a company's most valuable assets. Work-in-progress items, finished goods, and raw materials make up the three categories of inventory. It is classified as a current asset on the asset side of a company's balance sheet.
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