The answer is going to be A. Eating
Three basic economic questions are -
- What to produce?
- How to produce?
- Whom to produce for?
Economists study how households and businesses interact to produce the goods and services people need. They look at the factors of production, such as land, labor, and capital, and how they are combined to produce goods and services. Essentially, economists try to answer three sets of questions:
- What goods and services should be produced to satisfy consumer needs?
- How much of this product do you need?
- When should you produce a report?
- What is the best way to produce goods and services?
- How should these products be produced, and what resources should be used to do so?
- Who should be the recipients of goods and services?
- How should the product be allocated among consumers?
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Answer:
Total Productivity:
* For last year: 1.70
* For this year: 1.48
Explanation:
We have the total productivity is equal to Sales/ Total resources spent.
So, the calculation for productivity as followed:
<u>* For last year:</u>
+ Sales = 200,010
+ Total resources spent = Labor + Raw materials + Energy + Capital + other = 30,010 + 35,100 + 5,100 + 45,500 + 2,100 = 117,810
=> Productivity = 200,010 / 117,810 = 1.70
<u>* For this year:</u>
+ Sales = 201,050
+ Total resources spent = Labor + Raw materials + Energy + Capital + other = 40,010 + 41,500 + 6,010 + 45,500 + 3,010 = 136,030
=> Productivity = 201,050/136,030 = 1.48.
Answer:
Given that,
Amount of money lend to employees on March 1, 2021 = $16,000
Rate of interest = 12 percent
Interest amount and principal to be paid on February 28, 2022.
Interest is accrued on December 31,
Time period = From March 1, 2021 to December 31, 2021
= 10 months
Accrued Interest amount = Principal amount × Interest rate × Time period
= $16,000 × 0.12 × (10 ÷ 12)
= $1,600
Therefore, the adjusting journal entry is as follows:
Interest receivable A/c Dr. $1,600
To interest income $1,600
(To record the interest on amount given to employees is accrued and adjusted)
Answer:
Of course you should be concerned about negative cash outflows resulting from investing or financing activities.
Negative cash outflows for investing activities means that the company purchased more fixed assets or securities this year than the ones that were sold. E.g. the company purchased new equipment for $100,000. Investing activities usually require large amounts of cash.
If financing activities yield negative numbers, it means that either the company paid too much in dividends, or they paid long term debts (e.g. retired bonds or paid back bank loans), but at the same time did not raise enough capital to offset them.
When you are analyzing the finances of a company, cash is king. A company might be very profitable, but it will not survive it its cash flows are negative. If there are enough positive cash flows from operating activities to offset these other cash outflows, then the company should be OK. But if operating cash flows cannot offset them, then the company should be concerned.
