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marysya [2.9K]
3 years ago
11

A business is concerned with many day-to-day activities. Some of the most important are the planning and conception of the produ

ct or service, its pricing policy, and the distribution strategy. These activities are all a part of:_________. 1. Marketing. 2. Human Resources. 3. Accounting. 4. Production. 5. A control system.
Business
1 answer:
anzhelika [568]3 years ago
6 0

Answer:

Marketing

Explanation:

Marketing involves all the planning and conception of product or service, pricing policy and the distribution strategy activities. Accounting Involves the recording and reporting the financial transaction. Human resources manages all human capitals only. Production manufacture the product only. The control system ensure that all the activities are going as planned.

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People who are unemployed because wages are, for some reason, set above the level that brings labor supply and demand into equil
Alik [6]

Answer: structurally unemployed

Explanation: The structurally unemployed are people who are unemployed because wages are, for some reason, set above the level that brings labor supply and demand into equilibrium. This translates to a mismatch between the jobs available and the skill levels of unemployed workers i.e., the skills unemployed workers have do not match the skills needed or required by employers which often are higher paying. Structural unemployment is caused by forces such as technological advancements, trade agreements etc. Typically it occurs when an underlying shift in the economy makes it difficult for some group of workers to obtain jobs.

3 0
4 years ago
You are a newspaper publisher. You are in the middle of a one-year rental contract for your factory that requires you to pay $50
Anettt [7]

Answer and Explanation:

The computation is shown below:

Fixed cost is

= $500,000 + $1,000,000

= $1,500,000

And, the marginal cost is

= $0.25 + $0.10

= $0.35 per paer

Now

as we know that

AFC = FC ÷ Q

Now for At 1,000,000 papers,

AFC is

= 1,500,000 ÷ 1,000,000

= $1.50/mo

At 800,000 , it would be

AFC = 1,500,000 ÷ 800,000

= $1.875/mo

MC = $0.35 per paper  and the same is not changed

Now for break even, the average total cost is

ATC = AFC + AVC

ATC = FC ÷ Q + VC ÷ Q

VC = MC × Q

ATC = FC ÷ Q + MC

ATC = FC ÷ Q + 0.35

At Q = 1,000,000,

ATC = 1.50 + 0.35

ATC = $1.85

At Q = 800,000 , it would be

ATC = 1.875 + 0.35

=  $2.225

As it can be seen that

The AFC changes from 1.50 to 1.875 which shows an increment of 0.375.

The MC remains constant or same  at 0.35 as the printing and delivery costs per paper are remain same

And, The minimum amount that we must charge to break even rises i.e. from 1.85 to 2.225. That is a rise of 0.375

6 0
4 years ago
On December 1 of Year 1, Jones, a self-employed cash basis taxpayer, took out a loan to use in her business. The loan principal
Phoenix [80]

Answer: $6,000

Explanation:

When expenses such as this interest expense are for 12 months or more, the deduction will need to be evenly spread over the period that they apply to. As the loan was to be repaid in 24 months, the interest payment deductions should be evenly spread over 24 months.

= 12,000/24

= $500

That means that for Year 2, the relevant deduction will be for the 12 months in it;

= 500 * 12

= $6,000

4 0
4 years ago
The legal liability of a common carrier for damage to or loss of goods in its custody
Vikentia [17]

Answer:

The correct option is (d).

is quite strict, with the carrier being liable for all losses except those caused by certain specified perils.

Explanation:

The legal liability of a common carrier for damage to or loss of goods in its custody is that he takes full responsibility for the goods except those caused by certain specified perils.

3 0
4 years ago
The following is the adjusted trial balance of Wilson Trucking Company.
Troyanec [42]

Answer:

<u>PART 1:</u> Wilson Trucking Company reported Net Income of $15,854  for the year ended December 31, 2017.

<u>PART 2:</u> As per the statement of changes in equity, K. Wilson Capital Account Balance as at December 31, 2017 is $190,124

* Please note that figures in brackets represent negative values.

Explanation:

<u>PART 1</u>    

                                           Wilson Trucking Company

                     Income Statement for the year ended December 31, 2017

<u>Revenue </u>

Trucking Fees                                                         $115,500  

<u>Less Expenses:</u>  

Depreciation expense of Trucks                                  $(26,043)

Salaries expense                                                          $(54,170)

Office supplies expense                                          $(9,500)

Repairs expense -Trucks                                          $(9,933)

 

Net Income                                                                 $15,854  

 

<u>PART 2</u>  

                                        Wilson Trucking Company

     Statement of changes in Equity for the year ended December 31, 2017

K. Wilson Capital Account Balance as at December 31, 2016  $193,270  

Add: Net Income for the year                                                          $15,854  

Less: K. Wilson withdrawals during the year                                  $(19,000)

K. Wilson Capital Account Balance as at December 31, 2017  $190,124  

7 0
3 years ago
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