This is an example of "proximal goal".
Proximal objectives are best characterized as here and now and are instrumental in accomplishing distal objectives in which are long haul. The proximal objectives are the giving wellsprings of extra data in regards to exhibitions that isn't uncovered with a distal objective. It is basic that proximal objectives are more sensible to achieve the fulfillment on account of the time hole in getting the objectives. For a complex task, it would not bode well to have distal objectives set up in light of the fact that it at that point would set aside a long span of opportunity to close outcomes in a snappy way.
Answer:
$25,000
Explanation:
Lupo Company's equity = owner's equity + retained earnings
- owner's equity = $15,000 (initial investment) - $2,000 (withdrawal) = $13,000
- retained earnings = net income = total revenue - total costs = $35,000 - $23,000 = $12,000
Lupo Company's equity = $13,000 + $12,000 = $25,000
Explanation:
Remember, inflation is scenario in an economy in which there occurs a constant rise in the prices of commodities/services in the market, which may lead to a reduction of the money in circulation.
Although, developing countries could use alternative approaches such as taxation or cutting down government expenditure, they do not use this but prefer "inflation solution" because it appears to be the easy way out.
Since, taxes are always lesser than required to run the economies of developing countries they (the government) may not use this approach.
Answer:
Using job costing, the 2018 budgeted manufacturing overhead rate is C. $6,00 per machine-hour
Explanation:
Manufacturing Overheads are absorbed in the production process at their Budgeted Rate multiplied by the Actual Activity during the period.
Budgeted Rate. = Total Budgeted Overhead Cost / Total Budgeted Activity
Total Budgeted Activity is the allocation base used to allocate the Overhead Cost. Franklin Manufacturing uses machine-hours as the only overhead cost-allocation base.
Thus the Budgeted Rate = $300,000/ 50,000
= $ 6.00 per machine hour
An equilibrium price is where the quantity of goods supplied is equal to the quantity of goods demanded. So if supplies of the said product goes down the equilibrium will go down and the price and demand will be higher.
