<span>In 1972, computer scientist Gordon Bell recognized that digital devices would change the world as they evolved and became widely used.
</span>Gordon Bell was an American electrical engineer and manager.<span> He was responsible for the first mini- and timesharing computers and is famous for his development of DEC's highly-successful VAX architecture.</span>
Answer:
Explained below:
Explanation:
The Strategic Planning process is a planning process performed by the top-level management, to decide where the organization is willing to reach in the coming day and Portfolio management is the act of building and maintaining an appropriate investment mix for given risk tolerance.
Portfolio management in an organization is closely associated with each other as when the organization requires to do investment, it necessity be done through the Strategic Planning process which is performed by the top-level management to minimize the risk.
Answer:
Dr Allowances for sales returns $600
Cr Sales refund payable $600
Being increase sales refund estimate
Explanation:
The sales refund account is liability account that should naturally have a credit balance.
In the current period the balance in the sales refund payable account should be $900 in total,but there is a balancing credit amount already in the account,intuitively, the amount needed to raise the balance in the account to $900 is $600.
The necessary entries required for the sales refund payable is shown below:
Dr Allowances for sales returns $600
Cr Sales refund payable $600
Being increase sales refund estimate
There is no adjusting entry to accounts receivable as that deals with receipt of cash from sales transactions and not the actual sales transactions.
When the refund is eventually settled with cash, a debit is posted to sales refund payable and a credit to cash account
Answer:
substitution and income effects will counteract each other totally
Explanation:
A labor supply curve is an economic analysis tool that shows the number or workers that are available to work or that can work at various wage rates.
The labor supply curve can either be bending backwards or sloping downwards or upward curving but it shows the relationship between labour and wage rates.
A labor supply curve can be affected by factors such as population, changes in social behaviour, opportunities in other markets, among other things.
From the above question, it is seen that a change in wage rate for Anthony from $25 to $29 does not affect his work hours positively of negatively. His work hours is the same despite the increase in hourly wage.
The effect of the Anthony sticking to 40 hours of work despite an increase in wage, which could have served as some motivation for him to put in more hours is his labor curve remains same. An increase in wage has done noting to affect the number of hours he works and as such his income vs work rate counters each other.
Cheers.
A written document prepared by an entrepreneur that describes all the relevant external and internal elements involved in starting a new venture is known as a(n) business plan.
in the field of business, an idea or strategy that you formulate in order to set up a business is referred to as a business plan.
Based on these ideas, a written document is made in which all the ideas and strategies for the business are expressed.
A business plan describes all the factors and elements that will be required in the new business.
A business plan makes it easier to execute the plans made for a business or a new venture.
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