When a country chooses to limit the kinds of goods or services it produces, it is practicing

Changes in variables, such as income, cost of living, interest rates, and savings and borrowing patterns most likely reflect cha

trasher [3.6K]

The correct answer is Economic.

Types of environment for a company include:

The economic environment
The Demographic environment
The Political environment
The Cultural environment

The economic environment of a company includes factors like Income, cost of living, interest rates, and savings & borrowing

The Demographic environment of a company includes factors like Age, race, and gender.

The Political environment of a company includes factors like Government, legislation, and regulations.

The Cultural environment of a company includes factors like Lifestyle, customs, traditions etc.

Hence, Changes in variables, such as income, cost of living, interest rates, and savings & borrowing patterns most likely reflect changes in the economic environment of a company.

Learn more about interest rates:

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8 0

2 years ago

What will happen to the U.S. Housing Market?

algol13

Answer:

Currently the price of homes has exceeded the 2006 peak, just before the housing bubble burst. The price index has increased more than 40% since 2012.

It has been many years now of a strong economy, with an economic expansion lasting for 11 years (since June 2009), which is actually record breaking. A lot of economists were expecting a recession soon, with the current health crisis not helping, and the recession finally arrived on June 2020.

The combination of historically high prices for homes and an economic recession can be very hurtful. The advantage of the current situation is that the level of delinquent or subprime mortgages is currently much lower than 14 years ago. Actually, the amount of debt per household has decreased since 2006, and is quite stable right now at moderate or low levels. Many households spent much of the past years paying off debt, so they didn't have time to take new debt.

If the recession gets worse, a price correction will be inevitable, but it wouldn't be as large as the 2007 decrease. Only in a few cities in California, Washington, Nevada and Oregon can you find situations similar to 2006, where a strong supply hasn't been enough to balance the prices due to a stronger demand and high mortgage debt. But even there, the situation will not be as bad.

8 0

3 years ago

Sharp Company manufactures a product for which the following standards have been set: Standard Quantity or Hours Standard Price

ohaa [14]

Answer:

Direct labor cost = $51450

Direct labor hours 4677.27

Direct labor per hour 1.46

Explanation:

Sharp Company

Given Data

Standard Quantity or Hours Standard Price or Rate Standard Cost

Direct materials 3 feet $ 11 per foot $ 33

Direct labor ? hours ? per hour ?

Materials quantity variance $ 4,400 U

Labor spending variance $ 450 F

Labor efficiency variance $ 2,000 U

1.a. The Actual Cost per foot of materials for March=$111,300/10000=$ 11.13

Materials quantity variance $ 4,400 U =(Standard Price * Actual Quantity)-(Standard Price * Standard Quantity)

$ 4,400 U = 11* AQ- 11*3 feet*3200

$ 4400= 11* AQ- 105600

$ 4400+ $105600= 11* AQ

AQ =110000/11= 10,000

b. Materials price variance = Actual Price *Actual Quantity - Standard Price * Actual Quantity

Materials price variance =Actual Price *Actual Quantity - Standard Price * Actual Quantity

Materials price variance =$ 11.13* 10000- 11*10000

Materials price variance=$111,300-110000=1300 Unfavorable

Spending variance= Purchase Price Variance + Materials quantity variance

Spending variance= 1300 Unfavorable + $ 4,400 U= 5700 Unfavorable

2. Labor spending variance $ 450 F =Labor efficiency variance $ 2,000 U+Direct Labor rate per hour

a. Direct Labor rate per hour =Labor efficiency variance + Labor spending variance =$ 2,000 +$ 450 =$ 2450 Unfav

Direct Labor rate per hour =(actual hours* actual rate)- (actual hours * standard rate)

Direct labor time variance= (actual hours* standard rate)- (standard hours * standard rate)

$ 2450 Unfav= 4900*11- standard hours * 11

standard hours *11= 53900- 2450= 51450

b. Standard Hours= 51450/11= 4677.27

c. Standard Hours per unit of product= 4677.27/3200= 1.46

Actual Hours= 4900/3200= 1.53125

4 0

3 years ago

4. Operating Cash Flow [L02] In comparing accounting net income and operating cash flow, name two items you typically find in ne

Mademuasel [1]

Answer:

1. Depreciation or Amortization of Assets

2.Profit or Loss on sale of Assets

Explanation:

Operating Cash Flow is very different to Net Income. The earlier represent cash movement and the latter represent profit movement.Cash and profit literally are different.

So in the profit calculation you would find some non-cash items that include estimate of depreciation expense or amortization cost of intangible assets or a profit or loss on sale of a PPE item.

Whereas in Operating Cash Flow determination only cash items are considered and all non-cash items are removed from profit of the year to reach an amount of Operating Cash Flow.

8 0

3 years ago

Maryam phoned her auto insurance agent to renew her policy. The agent told her about new types of insurance now available-to cov

nadya68 [22]

Answer:

The correct answer would be, Product Development Growth Strategy.

Explanation:

In Product Development Growth Strategy, the company emphasizes in the promotion of the new or existing product in new or existing market. In this strategy, the existing products or services are modified just a way that they look new and exciting for the existing or the new clients. When there seems little to no opportunity for new growth in a company's current market, this product development growth strategy is used.

So the auto insurance agent is also using this strategy with his existing customer, Maryam, who called him to renew her policy. He tells her about some new exciting features that has been included in their services. So he basically is promoting or pursuing a product development growth strategy.

3 0

3 years ago