Answer:
A) the ratio of output to the number of workers used to produce that output.
Explanation:
As per definition, the average product of labor = Total Output/Number of workers employed
.
All the other choice involve the change in total cost/revenue/output which means it will be Marginal and not average.
Answer:
C. $56,700
Explanation:
From the accounting equation which shows the relationship between the elements of a balance sheet namely;asset, liabilities and equity.
Asset = liabilities + equity
Total assets = $15,000 + $12,300 + $3,100 + $35,000 = $65,400
Total liabilities = $8,700
Stockholders’ equity = $65,400 - $8,700
= $56,700
The stake of the owners of the company is $56,700
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Budgeted production TX500
May 20,000
June 32,000
July 39,000
August 46,000
TX500 should have 40% of next months sales in ending Inventory. On May 1, there were 9,000 units of TX500.
Production for June:
Sales= 32,000 units
Ending inventory= (39,000*0.40)= 15,600
Beginning inventory= (32,000*0.4)= 12,800 (-)
Total= 34,800 units
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<h2>"Innovative" traits best describes Carol</h2>
Explanation:
Based on the given statement, Carol Bates is very much interested in grabbing the latest gadgets. It means that,
- Carol is updated
- Adaptable to change
- Have exploring capability to upgrade
- A technology savvy
- Monitors market and has good knowledge on current trends
- Self-motivated to be on track
- Has creative skills to use the latest gadgets
All the above qualities describes that Carol Bates is innovative.