Answer:
4. Economic policies manage taxes, while social policies provide public assistance.
Explanation:
Social policy:
The services like social service ,wale fare states are the social policies .These policy are usually within a political setting or governmental setting.
Economic policy:
These are the policies which sets levels of government budget, interest rates, money management and national ownership.Like collection of taxes.
So the option 4 is correct.
4. Economic policies manage taxes, while social policies provide public assistance.
Answer:
a) true
Explanation:
2/10 net 30 means that if the costumer pays within 10 days, he will be offered 2% discount, otherwise the amount is due in 30 days in full.
DSO means average number of days the company takes to receive payment from customers of credit sales.
Since the DSO of a firm given is 28 days, which is lower than the 30 days credit period normally offered by the company, therefore it may indicate that the firm's credit department is operating effectively.
Hence, answer is a) true
Answer: D) Output decreases by more than 25 percent
Explanation:
When a firm is said to be experiencing Increasing Returns to Scale, it means that for every additional unit of a factor of production, the firm experiences a higher increase in production than the additional unit. For example, if a Firm's output increases by 1.5 every time they hire an extra worker, the firm is said to be going through Increasing Returns to Scale.
With that same logic, if factors of production were reduced, the company undergoes a reduction in output that is bigger than the reduction in the factor of production.
For this reason, option D is correct in saying that Output decreases by more than 25 percent.
Answer:
$296,000
Explanation:
Calculation for How much is direct labor cost
Using this formula
Direct labor cost=Total manufacturing costs-Manufacturing overhead totaling-Direct materials totaling
Let plug in the formula
Direct labor cost=$450,000 - $68,000 - $86,000
Direct labor cost=$296,000
Therefore the direct labor cost will be $296,000
Answer:
<em>profit margin 34.61%</em>
Explanation:
<em>The profit margins represents how many cent or the percentage of sales which converts into net income.</em>
<em>net income:</em> 92,400
<em>net sales:</em> 267,000
<em>profit margin</em> = 0.346067415 = <em>34.61%</em>
