Answer:
Yes
Explanation:
In this question, we have to compare the total income based on credit extended The computation is shown below:
If credit is not extended, then the total income would be
= Service revenue + income from operations
= $48,000 + $19,000
= $67,000
If credit is extended, then the total income would be
= Service revenue + income from operations - additional expenses for wages and bad debts
= $87,000 + $19,000 - $34,000
= $72,000
Yes the company extend credit as the total income is increased by $5,000
Most likely true! Economics is the knowledge/ study of how society functions!
On average, managers spend the least amount of time doing the managerial activity is networking.
What is networking?
Networking is the technique of making connections with respect of the business environment. Managers very often get involved in developing relationships and making their own networks. They are accountable for monitoring and completing the given task in an effective way. So, they basically focus on many managerial activities like decision-making, planning things, communicating the required information, managing employees, etc.
Which managerial function is the most important?
The most important function of management is Planning. Planning means setting objectives in order to achieve , a goal in a limited time period .Several alternatives are formulated in order to achieve the goals.
Learn more about managerial activity:
brainly.com/question/26106218
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The answer should be 1. Focus on selling to foreign countries.
This is because the article stated that the POD business had a lot more awareness on foreign sales production. They had tons of customers with 20% of their profit coming from Norway, and the rate keeps rising by year 3.
Foreign selling creates product awarness with more people being able to buy the product if overseas, making more profit from more people buying. If it were just sold in the U.S, for example, then not as many people could buy the cars, but foreign production can reach out to MANY more people.
Aggregate demand will REMAIN THE SAME. Aggregate demand refers to the total demand for goods and services within a particular market in an economy. Social security, medicare and welfare programs are examples of government transfer payments; transfer payments are not meant to be purchased, therefore they have no influence whatsoever on aggregate demand.
