25% (1.00 / 8 years) x 200% = 25% Plico.
PLICO has continued to satisfy such demands and is pushed to respond to the medical environment's drastic changes. PLICO is stronger and more capable than ever in 2021. We take pleasure in offering customised attention to every customer and are well-known for our exceptional customer service. PLICO is delighted to announce a free online education programme that has been approved to meet the educational requirements of SB 1446/848 for MDs and PAs.
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<h3><u>Answer;</u></h3>
An artist who runs a business that paints murals in office buildings and restaurants
<h3><u>Explanation;</u></h3>
- <em><u>An entrepreneur is an individual who organizes or operates a business or a business venture by identifying an opportunity in the market. The entrepreneur starts a business by risking his/her own money for the business venture.</u></em>
- We can say that an entrepreneur combines the factors of productions, that is land, labor, and capital to produce products.
He or she has the capacity and willingness to develop, organize and manage a business venture along with any of its risks for the purpose of making profit.
Answer:
The direct labor cost cannot be ascertained from the information given in the question
Explanation:
Direct materials+Direct labor cost= $8300000
In order to determine the labor cost of the $8300000, we need a clue as to the percentage of the labor cost in the total of $8300000 or the portion of $8300000 that belongs to direct materials.
Since such a hint is missing,we can simply guess, costs incurred cannot be shared out on a basis that has no relationship with reality,hence, the correct answer is that the direct labor cost cannot be determined based on details provided.
Answer:
C. A giant mixing container costs twice as much to operate as a small one but can mix 6 times as much dough daily
Explanation:
Economies of scale refers to a state when increase in the output results out of lower average costs. The operation of such a phase results out of, the total cost getting spread over large number of units of production in the long run.
Economies of scale results when the operations of a business expand due to which a firm can buy in bulk, avail more discounts and concessions from the seller for inputs and the efficiency of the labor rises.
In the given case, if the bakery decides to purchase a giant mixing container, it might lead to economies of scale given the fact, with respect to costs, the revenues shall rise more.
Since the giant mixer is capable of mixing six times as much dough daily, it would lead to a reduction in the average cost accompanied by an increase in the output and thereby lead to economies of scale.
Answer:
Explanation:
The statement in the question is not complete and should be the following with each of the answers provided being part of the statement like so,
Management of a close corporation often resembles that of a Partnership , but a corporation must meet the statutory requirements to remain a corporation. Often, shareholders in a close corporation restrict the transferability of shares. If a majority shareholder misappropriates company funds, the normal remedy for the other shareholders is to have their shares appraised to determine value and then receive that value.