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3 years ago

Just like models constructed in other areas of science, economic models

Business

1 answer:

Alexandra [31]3 years ago

7 0

Answer:

a. Incorporate assumptions that contradict reality

Explanation:

Economics also has assumptions in the models/theories that contradict reality.

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Pablo Company has budgeted production for next year as follows: Quarter First Second Third FourthProduction in units 59,000 99,0

AVprozaik [17]

Answer:

Purchases= 408,000 pounds

Explanation:

Giving the following information:

Production:

2nd Q= 99,000 units

3rd= 109,000 units

Four pounds of material A are required for each unit produced.

Desired ending inventory= 30% of the next quarter's production

To calculate the purchases for the second quarter, we need to use the following formula:

Purchases= production + desired ending inventory - beginning inventory

Purchases= (99,000*4) + (109,000*4)*0.3 - (99,000*4)*0.3

Purchases= 396,000 + 130,800 - 118,800

Purchases= 408,000 pounds

6 0

3 years ago

A company purchased $9,100 of merchandise on June 15 with terms of 3/10, n/45. On June 20, it returned $455 of that merchandise.

elena-14-01-66 [18.8K]

Answer:

$259.35

Explanation:

The computation of the amount of cash paid is shown below:

= (Purchase value of merchandise - returned goods of merchandise - discount charges)

= ($9,100 - $455 - $259.35)

= $8,385.65

The discount charges is

= (Purchase value of merchandise - returned goods of merchandise) × discount rate

= ($9,100 - $455) × 3%

= $259.35

We simply applied the above formula

3 0

3 years ago

Occupational fraud comes in many shapes and sizes. The fraud at Rite Aid is one such case. On February 10, 2015, the U.S. Attorn

Sliva [168]

Answer:

1. To encourage various groups to come forward and report fraud, Dodd-Frank extended whistle-blowing privileges and rewards to which of the following?

D. All of these are correct.

2. Whistleblowers who meet the criteria are eligible to receive an award based on what was collected as a result of the monetary sanctions. This can vary from_________.

a. 1 to 10 percent.

Explanation:

In whistleblowing against a fraud in a company or an organization, the maximum amount which the whistleblower can receive is 10% of the money recovered (or involved) while the least amount would be 1% of the said recovered money

7 0

3 years ago

If parts are replaced when you have work done on your vehicle, __________.

abruzzese [7]

If parts are replaced when you have work done on your vehicle,request the replaced parts be returned to you when you pick up your vehicle. We are replacing the parts for safeness of the vehicle which can avoid accidents due to old parts in the vehicle.Then we want to know which part is replaced so that for next time replacement it will be useful.Even replacements is of higher rate we don't want to risk our life and other's life.

5 0

3 years ago

Read 2 more answers

Production-based accounting is used to estimate gdp by ____________.

aliina [53]

B.
adding up the incomes received by all the resources that contributed to production.

Or

D.
all of the above.

6 0

3 years ago