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4 years ago

Which function is related to the day-to-day working of an enterprise ?

Business

2 answers:

notka56 [123]4 years ago

6 0

Answer:

The line functions and the staff functions of a business help make up the day to day business operations.

Explanation:

The staff functions include creating and maintaining the infrastructure of a business.

Hope it help! : )

Natali5045456 [20]4 years ago

3 0

The functions generate sufficient revenue to earn profit for the company and increase the value of the business itself

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Registration is a must for sole proprietorships. a. True b. False

kifflom [539]

A, true. hope this helped you!!!

5 0

3 years ago

You were left $100,000 in a trust fund set up by your grandfather. The fund pays 6.5% interest. You must spend the money on your

pickupchik [31]

Answer:

The answer is 27,408.71

Explanation:

Solution

Recall that:

You were left with a trust fund of =$100,00

Interest rate = 6.5%

Money with drawled = 4 installments

Now,

The step to take is to find you could withdraw currently at the start of each of the next 3 years with a zero account to end up with.

Now,

100, 00 = X (1 - (1.065)^-4/.065/1.065

We now solve for X

Thus

X =7,408.71

By applying or using a financial calculator

We arrange it to an annuity due setting - [2nd] [BGN] then [2nd] [Set] this will set it to mode "BGN"

So,

N = 4

I/Y = 6.5

PV = -100,000

FV = 0

CPT PMT

The payments are known to to be 27,408.71

Note : Kindly find an attached copy of the Financial calculator below

3 0

3 years ago

Read 2 more answers

Suppose Country A and Country B each have the same real Gross Domestic Product (GDP), equal to $440 billion. Country A has 100 m

Gennadij [26K]

Answer:

1. higher in Country A

Explanation:

Given: Gross domestic product (GDP)= $440 billion.

Country A has 100 million people.

Country B has 175 million people.

Real Gross Domestic Product (GDP): It is defined as the entire output produced annually that includes factors such as inflation and is adjusted for price changes.

Per capita real Gross Domestic Product (GDP): It gives the annual salary for the country and shows the quality of living.

Now calculating per capita real Gross Domestic Product (GDP) for both the countries.

Formula; Per capita GDP= $\frac{GDP}{Population}$

Country A

⇒ Per capita GDP= $\frac{440\ billion}{100\ million}$

We know one billion= 1000 million.

⇒ Per capita GDP= $\frac{440\times 1000}{100}$

∴ Per capita GDP= $\$4400\ million$

Country B

⇒ Per capita GDP= $\frac{440\times 1000}{175}$

∴ Per capita GDP= $\$ 2514.28 \ million$

Hence, comparing both Per capita GDP of country A and B will get Country A have higher per capita GDP.

8 0

3 years ago

A firm is planning to manufacture a new product. As the selling price is increased, the quantity that can be sold decreases. Num

Oduvanchick [21]

Answer:

Profit Maximising Quantity = 775

Explanation:

Price P = 35 - 0.02Q

Total Revenue TR = Price x Quantity = P X Q

= (35 - 0.02Q)(Q) = 35Q - 0.02Q^2

Total Cost TC = 8000 + 4Q

Profit = TR - TC

[35Q - 0.02Q^2] - [8000+4Q] = 35Q - 0.02Q^2 - 8000 - 4Q

Profit Function = - 0.02Q^2 + 31Q - 8000

To find out profit maximising Quantity , we will differentiate Profit Function with respect to Q & equate it to 0.

dTR/ dQ = -0.04Q + 31 = 0

Q = 31/0.04 = 775

To verify whether 775 is profit maximising Q, we will do second derivative & check that it is negative.

d^2TR/ dQ^2 = -0.04 i.e < 0 (negative)

So 775 is profit maximising quantity

5 0

3 years ago

The following is a list of various costs of producing T-shirts. Classify each cost as either a variable, fixed, or mixed cost fo

iren2701 [21]

Solution :

a. Ink used for screen printing --- Variable

b. Warehouse rent of $8,000 per month plus $0.50 per square foot of storage used --- Mixed

c. Thread --- Variable

d. Electricity costs of $0.038 per kilowatt-hour --- Variable

e. Janitorial costs of $4,000 per month ---- Fixed

f. Advertising costs of $12,000 per month ---- FIXED

g. Accounting salaries --- FIXED

h. Color dyes for producing different colors of T-shirts ----- Variable

i. Salary of the production supervisor ---- FIXED

j. Straight-line depreciation on sewing machines ----- Fixed

k. Salaries of internal pattern designers ----- FIXED

l. Hourly wages of sewing machine operators ------ Variable

m. Property taxes on factory, building, and equipment ----- Fixed

n. Cotton and polyester cloth ---- VARIABLE

o. Maintenance costs with sewing machine company (the cost is $2,000 per year plus $0.001 for each machine hour of use.) ---- Mixed

6 0

3 years ago