Answer:
There is no balanced budget provision in the U.S. Constitution, so the federal government is not required to have a balanced budget and Congress usually does not pass one. Several proposed amendments to the U.S. Constitution would require a balanced budget, but none have been enacted.
Answer:
See below
Explanation:
1. Returns on assets
= Annual net income ÷ Average total assets
Average total assets = beginning asset + ending assets ÷ 2
= ($80 million + $88 million) ÷ 2
= $84 miiliom
Return on assets = $13.4 million ÷ $84 million
Return on assets = $159.52
2. Profit margin
= Net income ÷ Net sales
= $13.4 million ÷ $114 million
= 11.75%
3. Assets turnover ratio
= Net sales ÷ Average total assets.
Recall Average total assets = $84 million
Average turnover ratio
= $114 million ÷ $84 million
= 1.36 times
Answer:
A factor in supply elasticity is production difficulty
Explanation:
The quantitative relation between price of products and its commodity is established by the elasticity of supply. The longer the time period that an organization is allowed to adjust its production targets, the more the supply price becomes elastic. Availability of resources is one of the factor, because the resource will become increasing expensive which consequently increase the price of the products and its production.
because upper management must deal with problems that are ambiguous but that could have far-reaching consequences, CONCEPTUAL skills are particularly important for top managers.
Explanation: As the managers move up on the career ladder, they have to deal with more ambiguous problems that are not clearly defined. They will have to make assumptions and take calculated guesses in additional to having a strong conceptual and fundamental understanding of the problems to help the overall organization in being successful on the long run.
Answer:
A. is effective for companies with multiple large projects.
Explanation:
A project organization is a structure that facilitates the coordination and implementation of project activities. Its main reason is to create an environment that fosters interactions among the team members with a minimum amount of disruptions, overlaps and conflict.
