The answer is motivating everyone to do a good job by promoting organizational goals
Answer:
Keep-or-drop decision
Explanation:
Keep-or-drop decision is taken when a manager is in a dilemma whether to continue a product line or segment or shut it down. The manager needs to analyse income statement related to the product line to understand the major issue with product line. If costs are more than revenue, then the product line needs to be shut down. If the reasons for incurring losses can be addressed and that revenue from the product line is more, then it is not dropped.
Therefore, manager takes a keep-or-drop decision.
Answer:
Turnover is equal to 2.40
Explanation:
Consider the following equation to calculate the turnover
Turnover = Sales /Average operating assets
= 16.800.000/7000000=
2.4
<em />
<em>Turnover is an accounting concept that calculates how quickly a business conducts its operations.</em>
When the price at which items are sold exceeds what it costs businesses to produce those goods, there is a producer surplus. The region to the left of the quantity sold, below the price, and above the supply curve is known as the producer surplus.
Consumer surplus is represented by a horizontal line drawn between the y-axis and demand curve and is defined as the region below the downward-sloping demand curve, or the amount a consumer is prepared to spend for certain quantities of an item, and above the actual market price of the good.
Producer surplus decreases when the equilibrium price falls. The producer surplus is intimately correlated with changes in the demand curve. Producer surplus rises as demand rises. Reduced demand results in reduced producer surplus.
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