Answer: The correct answer is "Can vary as the result of using a fixed amount of plant and equipment more or less intensively".
Explanation: In the short run, output: Can vary as the result of using a fixed amount of plant and equipment more or less intensively.
In a short-term context, production can only vary as a result of more intensive use of the plant producing more or less intensive use of the plant producing less.
Answer:
d) $3,920
Explanation:
The computation of the borrowed amount is shown below:
= Beginning cash balance + expected cash receipts - expected cash disbursements - minimum monthly cash balance
= $5,480 + $56,200 - $60,600 - $5,000
= $3,920
We easily add to the starting cash balance the estimated cash receipts and deducted the expected cash disbursements and the minimum monthly cash balance, in order to get the correct value
<span>The Rule of 70 can be used to determine the length of time it would take for a variable to double. In this case, using a growth rate of 4%, we can divide 70/4 to find that it would take 17.5 years for the GDP of this nation to approximately double.</span>
Answer:
It will cost employer A more to hire another worker
Answer:
The transaction recorded are shown in the below table.
Explanation:
According to the scenario, the following transaction according to the perpetual system can be recorded as follows :
Date Particulars Debit Credit
Feb.9 Purchase Inventory $54,000
Accounts payable $54,000
Mar.7 Accounts Receivable $74,000
Sales inventory $74,000
Mar.7 Cost of goods sold $54,000
Inventory $54,000