Since Kermit calculated his total asset turnover to be 1.13, this tells Kermit that <span>every dollar of assets generates $1.13 in sales.
</span>Please note that it is useful to add the options provided with the question, in order to get an accurate answer and have your question answered quicker.
Hope this helps!!
Answer:
a a. surplus of low-skilled labor.
Explanation:
Minimum wage is a form of price floor. A price floor is the minimum price that a good or service can be bought.
Price floors (minimum wage ) is usually set above equilibrium price. This increases the supply of labour but decreases the demand for Labour. As a result , there would be a surplus of low skilled labour.
I hope my answer helps you
Answer:
The correct answer is letter "D": They will save time to market if they pool their technological know-how.
Explanation:
In a Joint Venture, two or more businesses agree to contribute capital (<em>labor and knowledge</em>) and resources (<em>money and infrastructure</em>) to fasten the development process of a common project. Typically, developers, manufacturers, and service providers come together to form a joint venture and if successful, they share the profits based on their respective contributions to the joint venture.
Answer:
manufacturer --> explicit cost
wages and utilities --> explicit cost
implicit cost --> rent of the showroom
implicit cost --> accountant salary
Explanation:
Implicit cost:
A cost already occurred but not necessarily shown or reported as a separate expense. It represents the opportunity cost of internal resources used without explicit compensation. The loss of potential income. but not of profits.
Resuming Implicit cost comes from the use of an asset, rather than renting or buying it.
Explicit cost:
Is a cost that occurs, identificable and accounted. It occurs during business operations and has a clearly defined dollar amount.
Explicit and implicit costs are utilized in the calculation of economic profit. They are used to determinate profitable of a business
I guess the correct answer is consultative
The local skydiving team is buying new parachutes. The team's coach has invited all team members to make recommendations, after which he will select the successful vendor. The skydiving team's buying center has a(n) consultative organizational culture.
