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just olya [345]
3 years ago
5

What is the role of accounting in business?

Business
1 answer:
amid [387]3 years ago
4 0
The role of accounting is to provide you and any other stakeholders with financial information about the company, such as sales revenue, the cost of benefits and the amount you owe your suppliers. Without the information from your accountants, you can't make good financial decisions for your business.
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The economy has grown by 4% per year over the past 30 years. During the same period, the labor force has grown by 1% per year an
11111nata11111 [884]

Answer:

2%

Explanation:

Physical capital per worker contributed to productivity growth = Increased productivity per 1% physical capital * Quantity of physical capital growth rate

- Increased productivity per 1% physical capital = 0.4%

- Quantity of physical capital growth rate = 5%

So, Physical capital per worker contributed to productivity growth = 0.4%*5% = 2%.

5 0
3 years ago
A country that advances its national interests abroad by prioritizing international cooperation, compromising with foreign allie
Neko [114]

Answer:

A country that advances its national interests abroad by prioritizing international cooperation, compromising with foreign allies, and participating in international organizations such as the United Nations is following a _____.

c. multilateralism grand strategy

Explanation:

The emphasis placed on relationships between other countries is dictated by a country's preferred objectives.  If the country encourages international relationships and cooperation with others, it is engaged in multilateralism.  This refers to an alliance of multiple countries pursuing a common goal, like the United Nations.  The opposite of this diplomatic strategy is called unilateralism.  This implies that the country chooses to go it alone without seekings the cooperation of others.  An example is when one country launches a military attack on another without seeking for the help or approval of other friendly countries.

6 0
3 years ago
A statewide alliance of independent hospitals has formed in order to do group purchasing of medical supplies. Group purchasing a
STatiana [176]

Answer:

The correct answer is c. economies of scale.

Explanation:

The situation in which a company reduces its production expenses by expanding is called economy of scale. It is a situation in which the more it occurs, the cost that the company has to manufacture a product is lower.

There is a greater benefit for every extra unit we produce. This reduction in the cost of unit manufacturing is not reduced because the price of raw materials goes down, but to take advantage of a material that we have already bought and in which we invested money in the past.

Therefore, it occurs especially in situations in which the company buys more facilities. If we buy a machinery, the way to take advantage of it is to produce more since it is the way that we get a greater benefit, by taking advantage of the same machinery to produce more products, the unit cost of each product is lower. And we will get more benefit the more we produce. This benefit will be greater since we will not have to increase manufacturing costs since we have already had it before.

3 0
4 years ago
The last time she went to the dentist, Laura did not feel she had received good enough service for her money. ______ would say t
vfiekz [6]

Answer: d. Equity theory

Explanation:

EQUITY THEORY was first developed in 1963 by John Stacey Adams who was a workplace and behavioral psychologist.

It was first developed to explain that employees seek to have EQUITY between what they put into a job and what they get out i.e, whether they are being fairly compensated.

Broadly speaking however, it can also apply to this situation as it attempts to explain satisfaction in terms of PERCEIVED FAIRNESS. In other words, people are more satisfied in terms of transactions if they feel as though they got a FAIR and EQUITABLE result for the transaction.

4 0
3 years ago
Pcd inc. operates as a nevada business. the suta wage base for nevada is $28,200. pcd inc.'s suta tax rate is 4.5%. the employee
wlad13 [49]

Answer:

$4,927

Explanation:

The computation of tax liability is shown below:-

Suta wage base is $28,200. So, income besides $28,200 is not subject to Suta tax.

Total taxable income = Annabelle + Beatrice + Michael + Howard

= $28,200 + $24,880 + $28,200 + $28,200

= $109,480

Suta tax liability = Total taxable income × Tax rate

=$109,480 × 4.5%

= $4,927

So, for computing the Suta tax liability we simply multiply the total taxable income with tax rate.

4 0
3 years ago
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