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3 years ago

6

An earned value report shows: how much money has actually been spent so far on the project. slippages in performance measures fo

r the work product. the budgeted value of work performed. slippages in time against planned measures.

1 answer:

Fynjy0 [20]3 years ago

8 0

An earned value report will likely show all of these measures.

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A product is invented in Country X and is first manufactured there. The International Product Life Cycle Theory holds that the p

kirza4 [7]

Answer:

False

Explanation:

International Product Cycle is a model that patterns international manufacturing & trade of product . It has 4 stages :

Introduction - Innovated Invention in a developed country. Limited production & consumption, no competition
Growth - Spread to other developed countries, foreign production & competition starts, consumption & coverage rise.
Maturity - Spread to developing countries, stagnant growth in developed countries & fast growth in less developed countries
Decline - Spread to less developed countries, technology outdated, various substitutes emerge & no. of sellers decline, demand still exist in less developed countries.

So: the next stage after 'Innovated Invention' in a developed country X is - its growth in other developed countries, not 'manfacturing in developing countries' (reflected in 3rd maturity stage).

7 0

3 years ago

You are a dual income, no kids family. You and your spouse have the following debts (total): mortgage, $290,000; auto loan, $15,

aleksley [76]

Answer:

Total Insurance need $166,500

Explanation:

Life insurance [DINK method]

Amount mortgage loan (half) $145,000

Auto loan(half) $7,500

Credit card balance(half) $2,000

Other debts(half) $4,000

Funeral cost $8,000

Total Insurance need $166,500

7 0

2 years ago

Last month, sellers of good Y took in $100 in total revenue on sales of 50 units of good Y. This month sellers of good Y raised

nekit [7.7K]

Answer:

Option c = They are Substitutes and have cross price elasticity of 1.67

Explanation:

Cross-Price Elasticity = <u>%change in Quantity demanded of good X</u>

%change in Price of good Y

% change in Quantity Demanded of good X = <u>Q2-Q1 </u> × 100

(<u>Q1+Q2)</u>

2

% change in Quantity Demanded of good X =<u> 40-20 </u> ×100

<u>(20+40)</u>

2

% change in Quantity Demanded of good X = 66.67%

% change in price of good Y = <u>P2-P1</u> × 100

<u> ( P1+P2)</u>

2

Last month Total Revenue = $100

Total Units = 50

Last month Price / unit = 100/50 = $2

This Total Revenue $120

Total units 40

This monthPrice / unit = 120/40 = $3

% change in price of good Y=<u> 3 - 2 </u>× 100

<u>3+2</u>

2

% change in price of good Y =<u> 1 </u>× 100

2.5

% change in price of good Y = 40%

Cross-Price Elasticity =<u> 66.67</u>

40

Cross- Price Elasticity = 1.67

Since its greater than 1 its Cross price elasticity of Substitute

also as the price of good y increased from $2 to $3 the quantity demanded of good x increased although its price remained constant which indicates its a substitute good as people preferred buying good x instead of good y

6 0

3 years ago

Using the aging method of accounts receivable method, $5,000 of the company's Accounts Receivable are estimated to be uncollecti

gogolik [260]

Answer:

The correct answer is $4,500.

Explanation:

According to the scenario, the given data are as follows:

Uncollectible Account receivable = $5,000

Account receivable balance = $100,000

Allowance for Doubtful Accounts = $500

Credit sales = $150,000

So, we can calculate the bad debt expense by using following formula:

Bad debt expense = Uncollectible Account receivable - Allowance for Doubtful Accounts

by putting the value, we get

Bad debt expense = $5,000 - $500

= $4,500.

6 0

3 years ago

Lightning Electronics is a midsize manufacturer of lithium batteries. The company’s payroll records for the November 1–14 pay pe

Alexeev081 [22]

Answer:

Journal entries for the following will be shown below:

Explanation:

1.

Journal entries for the wages expense is as follows:

Wages expense A/c.........................Dr $50,000

Income Tax Payable A/c................Cr $7,000

FICA taxes payable A/c...................Cr $2,625

Cash A/c...............................................Cr $40,375

Working Note:

Cash = Wage expense - Income tax payable - FICA taxes payable

= $50,000 - $7,000 - $2,625

= $40,375

2.

Journal entry for the payroll expenses is as follows:

Payroll tax expense A/c............................Dr $2,875

FICA taxes payable A/c............................Cr $2,625

Unemployment taxes payable A/c.........Cr $250

4 0

3 years ago