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3 years ago

The study of how people choose to use scarce resources to satisfy their wants and needs

Business

1 answer:

NeTakaya3 years ago

5 0

Answer:

Economics

Explanation:

Economics is the study of the activities that individuals and society undertake to satisfy their unlimited wants using scarce resources. Economics involves analysis of the production of goods and services, their distribution and consumption in a country. It involves the study of how individuals, firms, and the government allocates scarce resources to meet the need of society.

Economics is categorized in microeconomics and macroeconomics. Microeconomics concentrates on the key economic indicators such as demand, supply, and income and how they affect an individual, firm, or product. Macroeconomics studies the economic conditions in a country as a whole. It is concerned with issues such as inflation, Unemployment rate, and GDP

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Business sofware programs make it possible to

Leto [7]

Answer:

increase productivity in office setting

4 0

3 years ago

Suppose Keyboard estimates it will use 125 comma 000 comma 000 parts per month and ship products with a total volume of 27 comma

djverab [1.8K]

Answer:

Kitting: $0.072 per part and Boxing: $0.764 per cubic feet

Kitting: $12.6 and Boxing: $6.9

Explanation:

Given that Keyboard spends $9,000,000 per month on kitting and $21,000,000 per month on boxing.

Keyboard estimates it will use 125,000,000 parts per month and ship products with a total volume of 27,500,000 cubic feet per month.

a) Since Kitting costs based on the number of parts used in the computer:

The predetermined overhead allocation rate for kitting = Money spent on kitting / number of parts used per month = $9000000 / 125000000 = $0.072 per part

Since Boxing costs based on the cubic feet of space the computer required:

The predetermined overhead allocation rate for Boxing = Money spent on Boxing / total = $21000000 / 27500000 = $0.764 per cubic feet.

a) each desktop computer requires 175 parts and has a volume of 9 cubic feet

For kitting, Activity cost per desktop = Predetermined overhead allocation rate x quantity per desktop = $0.072 × 175 = $12.6

For Boxing, Activity cost per desktop = Predetermined overhead allocation rate x quantity per desktop = $0.764 × 9 = $6.9

8 0

4 years ago

LO 7.1Which of the following is a finance budget?

sweet [91]

Answer:

cash budget

Explanation:

A financial budget within budgeting refers to the long-period and short-period planning of the company's revenue and expenditure. Exact cash flow forecasts help the company achieve the goals in the correct way.

A financial budget is indeed a potent tool for achieving any enterprise's lengthy-term goals. Relevantly, it also helps to keep the stakeholders as well as other institution members up-to-date on the company's ability to function.

Thus, from the above we can conclude that cash budget can be termed as finance budget.

4 0

4 years ago

The operating income and the amount of invested assets in each division of Conley Industries are as follows: Operating income In

sergiy2304 [10]

Answer:

A.)

Retail division = 21.95%

Commercial division = 19%

Internet division = 26%

B.) INTERNET DIVISION HAS THE HAS THE HIGHEST RETURN ON INVESTMENT.

Explanation:

- - - - - - - - - - - - operating - - - - - - invested

Retail - - - - - - - 180,000 - - - - - - - 820,000

Commercial - - 81,700 - - - - - - - - 430,000

Internet - - - - - 83,200 - - - - - - - - 320,000

A.)

return on investment ;

Operating income ÷ invested asset

Retail division (180,000 ÷ 820,000) × 100 = 21.95%

Commercial division (81700 ÷ 430000) × 100 = 19%

Internet division (83200 ÷ 320000) × 100 = 26%

B.) Interest division has the most residual income.

3 0

3 years ago

Edelman Engines has $18 billion in total assets — of which cash and equivalents total $120 million. Its balance sheet shows $2.7

Levart [38]

Answer:

Market/Book Ratio = 1.92 times

EV/EBITDA = 13.65 times

Explanation:

As for the information provided,

EBITDA = $1.794 billion

The value of common equity in books = $7.2 billion

Outstanding shares = 300 million

Share price per share = $46

Therefore, market value of common equity = $46 $\times$ 300 million

= $13.8 billion

Therefore, market/book ratio = $13.8 billion/$7.2 billion

= 1.9167 times

EV represents enterprise value which is the market value of equity + total debt - cash and cash equivalents

= $13.8 billion + $8.1 billion + $2.7 billion - 0.120 billion

= $24.48 billion

EV/EBITDA = $24.48 billion/$1.794 billion = 13.65 times

4 0

3 years ago

The study of how people choose to use scarce resources to satisfy their wants and needs​

The study of how people choose to use scarce resources to satisfy their wants and needs