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3 years ago

Beginning inventory, purchases, and sales data for prepaid cell phones for December are as follows:

Business

1 answer:

Tju [1.3M]3 years ago

4 0

Answer:

Solution is given in tabular form for better interpretation and understanding of the problem and its solution.

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A household-products manufacturing firm was required to examine its organizational architecture in order to survive in the marke

noname [10]

Answer:

decision rights, rewards, and evaluation systems.

Explanation:

The aspects the decision firm looked into looked are decision rights, rewards, and evaluation systems.

1. Decision rights:

The person who makes all the relevant decisions should have all informations available. People with relevant information should be made to take key decisions. This would increase the possibility of the organization being in the right

direction.

2. Rewarding: this is rewarding those individuals who make the right decisions. Employees who have decision making rights should be rewarded with incentives when they make the right decisions.

3. Evaluation systems: These should be put in place to check the performance of individuals and business units.

3 0

3 years ago

If an economy is in short-run equilibrium that is below potential, what forces will bring the economy to long-run equilibrium?

ANEK [815]

If an economy is in short-run equilibrium that is below potential, the forces that will bring the economy to long-run equilibrium are new price level, nominal salaries, prices, and perceptions decrease.

Real GDP equilibrium and the short-run price level are determined by the junction of the economy's aggregate supply and demand curves. Its long-run equilibrium is determined by where aggregate demand and aggregate supply intersect.

The concept of the long run states that all markets are in equilibrium, all prices have fully adjusted, and all quantities are in equilibrium. The short-run, in contrast, is characterised by some limitations and a partial state of market equilibrium.

When enough time has passed and no factors have been fixed, the overall supply shifts from the short to the long term. Then, the new short-run and long-run equilibrium states are contrasted with that condition of equilibrium.

To learn more about equilibrium here

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5 0

2 years ago

Which career role in education and training does Cameron perform? Cameron works at a university. His main responsibility is to s

elena-s [515]

Cars for bath on wee iw

6 0

4 years ago

Bagwell's net income for the year ended December 31, Year 2 was $189,000. Information from Bagwell's comparative balance sheets

mina [271]

Answer:

Cash received from the sale of its common stock during Year 2 = $145,800

Explanation:

We are given the following information;

At December 31 | Year 2 | Year 1

Common Stock, $5 par value | 504,000 | 453,600

Paid-in capital in excess of par | 952,000 | 856,600

Retained earnings | 692,000 | 585,600

We are asked to compute the cash received from the sale of its common stock during Year 2, which is calculated using,

CR_2 = CS_2 + PC_2 - CS_1 - PC_1

Where

CR_2 = Cash received from the sale of its common stock during Year 2

CS_2 = Common stock in year 2

CS_1 = Common stock in Year 1

PC_2 = Paid in capital in excess of par in year 2

PC_1 = Paid in capital in excess of par in year 1

CR_2 = 504,000 + 952,000 - 453,600 - 856,600

CR_2 = 145,800

Therefore, cash received from the sale of its common stock during Year 2 is $145,800

8 0

3 years ago

Economic analysis is used only by policy makers to make policy decisions. only by business people to raise profits. only by inst

Free_Kalibri [48]

Answer:

The correct answer is: in all decision making.

Explanation:

Economic analysis is used in all walks of life, in decision making. It is not only relevant for policymaking or in business or for students. Rather, it is used in day to day life as well.

Almost all the decision we make is based on cost-benefit analysis. It used by households and individuals for utility maximization. It is used by businesses for profit maximization and is used by policy makers for welfare maximization.

5 0

3 years ago