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3 years ago

9

According to a 2002 article in USA Today that was discussed in chapter 5, a researcher has found that 11 of the 15 largest compa

nies have at least two board members who sit together on another board. This is referred to as_____________

1 answer:

lawyer [7]3 years ago

5 0

Answer:

interlocking directorates

Explanation:

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A shipment of frozen fish arrives at your food establishment. you see that the outside bottoms of the shipping cartons have too

Lena [83]

<span>Excess browning at the edges, ice formation at the bottoms of the containers, and are indicators of thawing and refreezing. While in standard at-home practice of refreezing thawed fish is acceptable, it is not during shipping because it is impossible to tell how long the fish were kept out of a cold environment and may transmit disease (plus, visible damage to the fish decreases salability).</span>

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3 years ago

Read 2 more answers

. The income elasticity of demand for medical care is 1.35. This implies that: a. if income decreases by 1%, the quantity demand

Andre45 [30]

Answer:

The correct answer is a).

Explanation:

The income elasticity of demand refers to the percentual variation of quantity demanded of a certaing good in response to a percentual variation in income.

If the income elasticity of demand for medical care is 1.35,

<em>a. if income decreases by 1%, the quantity demanded for medical care decreases by 1.35%.</em> TRUE, this is what the definition implies.

<em>b. if the price of medical care increases by 1%, the quantity demanded for medical care decreases by 1.35%. </em>FALSE. In this elasticity, the sign is relevant. This income elasticity implies that changes in income and medical care expenses have the same sign.

<em>c. if the income of the average consumer increases by 1 dollar, the quantity demanded for medical care will increase by 1.35 units of care.</em> FALSE. The elasticity relates percentual variations, not absolute value variations.

<em>d. if income increases by 1%, the quantity demanded for medical care decreases by 1.35%.</em> FALSE. The same as point b.

5 0

3 years ago

Management of Carla Vista, Inc., is planning to raise $1,215,000 in new equity through a private placement. If the sale price is

Alexeev081 [22]

Answer:

Number of shares to be issued = 60,000 units

Explanation:

<em>A private placement involves the issue of new shares to a few number of individual and institutional investors. Unlike initial public offering, here the shares are not offered to the general public.</em>

The number of units to be issued is determined as follows

Units to be issued = Total capital to be raised / issue price per share

Number of units to be raised = $1215,000/$20.25 per share= 60,000 units

Number of shares to be issued = 60,000 units

3 0

3 years ago

This theory views shocks to tastes (workers' willingness to work, for example) and technology (productivity) as the major drivin

katrin2010 [14]

Answer:

The answer to this question is option C Real Business Cycle theory

Explanation:

The Real business cycle theory is the theory that views hocks to tastes (workers' willingness to work, for example) and technology (productivity) as the major driving forces behind short-run fluctuations in the business cycle because these shocks lead to substantial short-run fluctuations in the natural rate of output.

Real business cycle models state that macroeconomic fluctuations in the economy can be largely explained by technological shocks and changes in productivity. These changes in technological growth affect the decisions of firms on investment and workers (labour supply)

Hence the answer is option C Real Business Cycle theory

5 0

3 years ago

The cost of materials transferred into the Rolling Department of Keystone Steel Company is $510,000 from the Casting Department.

Valentin [98]

Answer:

Part a

Debit : Work in Process - Rolling Department $510,000

Credit : Work in Process - Casting Department $510,000

Part b

Debit : Work in Process - Overheads $54,700

Debit : Work in Process - Direct labor $26,500

Credit : Accounts Payable $81,200

Part c

Debit : Finished Goods Inventory $553,200

Credit : Work in Process - Rolling Department $553,200

Part d

Debit : Finished Goods Inventory $553,200

Credit : Work in Process - Rolling Department $553,200

Part e

$18200 credit

Explanation:

Ending Balance = Opening Balance + Additions - Transfers out

therefore,

Rolling Department balance = $25,000 + $510,000 - $553,200

= ($18200)

Also see journal prepared above.

8 0

2 years ago