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3 years ago

What is social objective mean?

Business

1 answer:

7nadin3 [17]3 years ago

3 0

Answer:

Is a goal that produces an improvement in people wellbeing

Explanation:

A social objective is a statement that details a specific desired outcome of a project that is related to the interaction of the individuals, groups, and institutions within a society. Often our social objective is related to improving human wellbeing

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How often should you typically monitor your checking account?

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Every month or so but I typically check every two weeks.

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What are the four qualities of good leadership?

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Read 2 more answers

Selected financial statement data for Schmitzer Inc. is shown below: 2021 2020 Balance sheet: Inventories 75,000 63,000 Ratios:

kondaur [170]

The amount of net sales for 2021 is $1,035,000.

Average inventory = (Beginning inventory + Ending inventory) / 2

Average inventory = ($63,000 + $75,000) /2

Average inventory = $69,000

The formula for Inventory turnover ratio is <em>{Cost of goods sold/Average inventory]</em>

6 = Cost of goods sold / $69,000

Cost of goods sold = $414,000

Given Gross profit ratio is 40%: Gross profit = 40% on sales

Let the sales be $K

Gross profit = Sales - Cost of goods sold

0.4K = K - $414,000

0.4K = $414,000

K = $414,000 / 0.4

K = $1,035,000

Therefore, the amount of net sales for 2021 is $1,035,000.

See similar solution here

<em>brainly.com/question/14161287</em>

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2 years ago

Bill currently uses his entire budget to purchase 5 cans of Pepsi and 3 hamburgers per week. The price of Pepsi is $1 per can, t

Tamiku [17]

Answer:

INCREASE the consumption of Pepsi and REDUCE the consumption of Hamburger

Explanation:

Based on the information given we were told that Bill uses his whole budget to purchase the following :

5 cans of Pepsi

3 Hamburgers per week

And the following were the price:

Pepsi costs $1 per can

Hamburger cost $2

Bill marginal utility:

Pepsi 4

Hamburgers 6

Based on the above details this means that Bill could increase his utility by INCREASING Pepsi consumption and REDUCING hamburger consumption reason been that 5 cans of Pepsi costs $1 per can which will gives us income of $5 ($5×1) while 3 Hamburgers per week cost $2 which will give us income of $6 ($3×2) which typically means that the Hamburgers has more income that Pepsi.

Secondly since the marginal utility for Pepsi is 4 while that of Hamburgers is 6 which means that Hamburgers has higher MARGINAL UTILITY than that of Pepsi because the consumption of Hamburgers is higher than the consumption of Pepsi.

Therefore the best thing that Bill could do in order to increase his Pepsi utility is for Bill to increase Pepsi consumption and reduce hamburger consumption.

8 0

3 years ago

The largest component of gdp is investment spending. is

antiseptic1488 [7]

Answer:

The statement is false. The largest component of GDP is private consumption, or simply: consumption.

Explanation:

Consumption includes all purchases of goods and services made by individuals and households except for the purchase of new houses (these are considered investments).

In the U.S., consumption accounts for around 70% of GDP. This is why some economists say that the U.S. is a consumer-based economy.

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3 years ago