Correct/Complete Question:
Industrial societies use machinery and energy sources rather then humans and animals for production and __________ societies use the creation, processing, and storage of information for production.
Answer:
Post-industrial
Explanation:
There are stages of development of a society and one of those stages is post-industrial society.
Post-industrial societies are societies in which societal production is as a result of creation, processing and storage of information. Simply put, Post-industrial societies are societies in which service provision creates more wealth than manufacturing. This services are done through information creation, processing and storage as written above.
Cheers
Answer:
$3,260
Explanation:
Preparation of December statement of cash flows for Ernst Consulting
ERNST CONSULTING Income Statement
For Month Ended October 31
REVENUES
Consulting fees earned $17,450
Total revenues $17,450
EXPENSES
Rent expense $4,530
Salaries expense $8,090
Telephone expense $880
Miscellaneous expenses $690
Total expenses $14,190
Net income $3,260
($17,450-$14,190)
Therefore December statement of cash flows for Ernst Consulting will be $3,260
Answer:
attached below is the missing part of the question
$17000
Explanation:
1) calculate the cash dividends
= beginning earnings + net income for the period - ending retained earnings
= $44000 + $57000 - $68000 = $33000
2 ) calculate the amount of cash receipt from the sale of plant assets
first we will calculate the dep on sale of plant products
= beginning accumulated depreciation + depreciation expense - ending accumulated depreciation
= 22500 + 12000 - 24500 = $10000
next we calculate the cost of sale of plant assets
= beginning plant asset + acquisition new plant assets - ending plant asset
= $123500 + $29000 - $131500 = $21000
Hence the cash receipt from the sale plant assets = cost of sale of plant assets - dep on sale of plant products + gain on the sale of plant assets
= 21000 - 10000 + 6000 = $17000
Answer:
Results are below.
Explanation:
<u>First, we need to calculate the total fixed costs:</u>
Total fixed costs= 3,500 + (120*2*15)
Total fixed costs= $7100
<u>Now, using the following formula, we can determine the break-even point in units:</u>
Break-even point in units= fixed costs/ contribution margin per unit
Break-even point in units= 7,100 / (100 - 40)
Break-even point in units= 118.33 = 119 units
<u>Finally, the number of units to earn $10,000 in profit:</u>
Break-even point in units= (fixed costs + desired profit) / contribution margin per unit
Break-even point in units= (7,100 + 10,000) / 60
Break-even point in units= 285
One important managerial function is controlling, and the first step in the controlling process consists of setting clear performance standards.
<span>The goal of the controlling is to control that standards are met and stated goals of the organization are achieved .
</span>Standards are used to measure the actual performance and are the benchmarks towards which efforts of entire organisation are directed. Some examples of standards are: revenue to be earned, c<span>ost to be incurred., improved motivation, improved quality of products,..</span>