'The final step in recognizing the completion of production requires a company to debit Finished-Goods Inventory and credit Work-in-Process Inventory.
Production is the process of making or producing goods or products from raw materials or parts. In other words, production takes inputs and uses them to create outputs suitable for consumption, i.e. goods or products of value to the end-user or customer.
Production is the process of making, harvesting, or creating something, or the quantity of something manufactured or harvested. An example of production is the manufacture of furniture. An example of production is harvesting corn for food. An example of production is corn production.
The economist classifies the factors of production into his four categories: land, labor, capital and entrepreneurship. The first element of production is land, which includes all natural resources used to produce goods and services.
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An industry in which numerous price-taking firms produce identical products.
Answer:
the capital structure weight of the firm's equity will be 57.14 %.
Explanation:
Weighted Average Cost of Capital is the return that is required by the providers of long term sources of finance.
A debt–equity ratio of 0.75 means:
Debt : Equity = 0.75 : 1
The Total Ratio will be = 0.75 + 1.00
= 1.75
Therefore, the capital structure weight of the firm's equity will be :
Equity Weight = Equity Ratio ÷ Total Ratio
= 1.00 ÷ 1.75
= 0.5714 or 57.14 %
Answer:
Using Quantifiers: ¬∃x¬S(x)≡ ∀xS(x)
English Language: All drivers obey the speed limit
Explanation:
The domain is the set of all drivers i.e. the domain of drivers
Let S(x) be the predicate “x obeys the speed limit.”
The above statement can be written as ∃x¬S(x),
The negation is represented by ¬∃x¬S(x)≡ ∀xS(x)
In English Language, it is ->, all drivers obey the speed limit
(B) When revenue equals opportunity and variable cost, then the producer surplus most likely drops to zero for a firm.
<h3>
What is revenue?</h3>
- The total income derived from the sale of products or services pertaining to a business's core operations is referred to as revenue.
- Because it appears at the top of the income statement, revenue, which is also known as gross sales, is frequently referred to as the "top line."
- A company's overall earnings or profit are referred to as income or net income.
- Although both revenue and profit are positive indicators for your company, they are not the same thing.
- The producer surplus for a firm will probably reach zero when revenue equals opportunity costs and variable costs.
Therefore, (B) when revenue equals opportunity and variable cost, then the producer surplus most likely drops to zero for a firm.
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