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3 years ago

A decrease in GDP is most closely associated with what?

Business

1 answer:

borishaifa [10]3 years ago

6 0

I forgot abt this but lemme try..i think the answer is A. An economic recession

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Cement Company, Inc. began the first quarter with 1,000 units of inventory costing $25 per unit. During the first quarter, 3,000

3241004551 [841]

Answer:

Calculation of Cost of Goods sold under LIFO:

For 3,000 units (3000*40) $120,000

For 400 units (400*25) $10,000

Add: Excess of replacement cost over historical $8,000

cost of LIFO liquidation (400*(45-25))

Cost of Goods sold under LIFO $138,000

Journal entry

Date Account Titles and Explanation Debit Credit

Cost of Goods sold $138,000

Inventory (120000+10000) $130,000

Excess of replacement cost over $8,000

historical cost of LIFO liquidation

3 0

3 years ago

Typical quality improvements include: a. All of the answers are correct b. product redesign c. alteration of organizational arch

tia_tia [17]

Answer:

a. All of the answers are correct

Explanation:

Typical quality improvements include electronic defect detection which will bring about efficiency in the service delivery to the customers, alteration of organizational architecture to increase local responsiveness to customer needs, purchase of robotic manufacturing systems which will more efficiency to the work being done in the organization and product redesign to meet the needs of the customers

4 0

3 years ago

At Crater Valley Manufacturing, workers are encouraged to find their own solutions to problems, and to implement their solutions

Marizza181 [45]

Answer:

a) Theory Y

Explanation:

Crater Valley Manufacturing has adopted the theory Y management approach. Theory Y proposes a participative management style, teamwork, and decentralization of the decision-making process. In the theory Y approach, managers encourage employees initiatives that will contribute to the success of the organization. Theory Y tries to match the organizations' objectives with the employees' aspirations.

<u>Some of theory Y assumption include</u>

Employees have a natural tendency to work and play.
Employees have self-direction and self-discipline in pursuit of organizational goals without external coercion or threats.
An average person seeks and accepts responsibilities.
Employee loyalty and commitment is as a result of job satisfaction and job reward.

5 0

3 years ago

Which of the following expenditures should be recorded as an asset? Multiple Choice Maintenance that maintain current benefits.

gulaghasi [49]

Answer:

The correct answer is letter "B": An addition which increases future benefit.

Explanation:

An asset is a resource of economic value. Individuals, companies, and countries expect their own assets to generate economic benefits both now and in the future. Assets may be tangible, such as machinery and land or intangible, including products such as a trademark, a mechanical formula or property rights.

The accounting term addition <em>refers to the subsequent acquisition of a plant, property, or equipment. Therefore, they are to be considered as assets at the moment of recording them.</em>

6 0

3 years ago

The December 31, 2018, balance sheet of Justin’s Golf Shop, Inc., showed current assets of $1,155 and current liabilities of $94

alekssr [168]

Answer:

The answer is $325

Explanation:

To calculate net working capital for 2019;

Current asset for 2019 minus current Liability for 2019.

Examples of current assets are cash, inventory, accounts receivable

Therefore, net working capital for 2019 is;

$1,370 - $1,045 = $325

7 0

3 years ago