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4 years ago

In the context of a firm's economic resources, cash, inventory, and equipment represent its _____.

1 answer:

3 0

I would say that cash, inventory and equipment represent a company's capital in other words what it uses to make more money with ie cash for buying supplies, paying contractors etc, inventory could be its products available to be sold and equipment could be its means of production such as in an open pit mine the electric shovels and haultrucks and also missing is labour which is essential to a company for production and to make a profit.

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What term can be used to describe the situation where your fixed and variable expenses are higher than your net income.(1 point)

Pepsi [2]

The term that describes the situation where fixed and variable expenses are higher than net income is D. dissaving.

Dissaving happens when an individual is spending from either previous savings or borrowing to fund current expenses.

Dissaving is commoner with retirees than those currently employed. But it can also happen to currently-employed persons, whose expenses are more than their incomes. They should find strategies to stop the negative saving. Otherwise, their debts may be overbearing in future.

Thus, dissaving means negative saving or spending more than income.

Learn more: brainly.com/question/13954775

8 0

2 years ago

Before the year began, Murphy Manufacturing estimated that manufacturing overhead for the year would be $176,000 and that 13, 70

saveliy_v [14]

Answer:

A. $194, 035

Explanation:

Predetermined Manufacturing overhead Rate = Estimated total overheads / Estimated direct labor hours

Predetermined Manufacturing overhead Rate = $176,000 / 13,700

Predetermined Manufacturing overhead Rate = $12.85 / direct labor hour

Actual Labor hours = 15,100 hours

Manufacturing overhead allocated = $12.85x 15,100

Manufacturing overhead allocated = $194,035

The correct option is A. $194, 035

7 0

3 years ago

The real per capita GDP in country X is 4 times of that in country Y. The annual growth rate in country X is 2.33%, while in cou

tigry1 [53]

Answer:

It will take 30 years for country Y’s GDP to catch up with that of country X

Explanation:

In this question. We are asked to calculate the number of years it will take a certain country Y to catch up with the GDP of a certain country X, given the annual growth rate in both countries.

We calculate the number of years as follows;

Firstly, we assign a variable to the value of the real GDP of country Y

let real

Let the real GDP of the country Y be n. This means that the GDP of country C will be 4 * n = 4n

With a 7% growth rate annual, country Y's Real GDP will be doubled in 70/7 = 10 years and;

With annual growth rate of 2.33% ,country x's Real GDP doubles in 70/2.33 = 30 years.(Approx)

Now in next 30 years x's Real GDP will be = 2x4n = 8n

and Y's Real GDP in next 30 years will be = 2x2x2xn = 8n.

thus , it will take 30 years to country Y to catch up to the level of country x.

7 0

3 years ago

Read 2 more answers

I am having trouble in personal finance and need to learn how to figure out S=P(1+rt) and P=S(1+rt). Can someone assist me in le

NNADVOKAT [17]

A=p(1+rt)
A=future value
P=present value
R=interest rate
T=time
If you want to find present value
P=A/(1+rt)
If you want to find interest rate
R=[(A/p)-1]divided by t
Finally if you want to find time
T=[(A/p)-1]divided by r

7 0

4 years ago

Naomi has just arrived for her first day at work at GloboTech, a large technology company. The first thing the hiring manager, E

Anna11 [10]

Answer:

orientation is the correct answer.

Explanation:

5 0

3 years ago