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3 years ago

The term economies of scale refers to the fact that as the:

Business

1 answer:

frutty [35]3 years ago

7 0

Answer:

quantity of product produced in a given period increases, the cost of manufacturing each unit decreases

Explanation:

Economies of scale happens when the average total cost (variable + fixed production costs per unit) decreases as total output increases. This generally takes place because fixed costs are the same for a small number of units produced or a large number of units produced, so the average fixed cost per unit tend to decrease as more units are produced (at least up to certain point). Variable production costs per unit can also decrease as total output increases since materials might be purchased in larger quantities resulting in higher discounts or labor productivity increases.

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A permanent employee works in the same position for his or her entire career.

kompoz [17]

Answer:

false

Explanation:

6 0

3 years ago

Review the transactions listed below for thyme advertising company, and classify each transaction as either an operating activit

soldi70 [24.7K]

Answers:

1. Financing Activity

2. Operating Activity

3. Operating Activity

4. Non Cash Activity

5. Financing Activity

6. Non Cash Activity

7. Operating Activity

8. Investing Activity

9. Non Cash Activity

What to remember:

Operating activities are the kinds of activities the company accomplishes to generate profits. This includes cash out flows and inflows.

Investing activities contain the purchase or sale of long-lived assets used in operating the business, or the purchase or sale of investment securities (stocks and bonds of companies other than Thyme).

Financing activities are borrowing money, issuing shares of stock, and paying dividends.

5 0

3 years ago

Stimpleton Company engages in the following cash payments:

choli [55]

Answer: Option A

Explanation: Operating activities refers to those activities which are directly related to the core operations of the business. Such transactions are important for running the business and recorded at the top in cash flow statements.

Thus, only payment of rent and workers salary will be considered operating activities and the company will be having total of $1750 of cash outflow.

Hence the correct option is A.

4 0

3 years ago

The unintentional misstatement or nondisclosure of a material fact made by one party with the hope of influencing the other part

wolverine [178]

The correct answer of the question is Fraud.

The unintentional misstatement or nondisclosure of a material fact made by one party with the hope of influencing the other party amounts to: Fraud.

<h3>What is Fraud?</h3>

It is a form of deception or an unlawful gain.
It is an intentional form of deception that can have various criminal consequences.
There are various kinds of frauds like bank fraud, insurance fraud etc..
It is committed with the intention of gaining an unauthorized benefit.
it can occur in various domains like finance, real estate, insurance etc.
Usually a fraud can lead the person to have legal consequences and the victim can sue the person or organization which was involved with the crime.

To learn more about fraud visit: brainly.com/question/20357860

#SPJ4

5 0

1 year ago

Re-Up Enterprises has sales of $926,355, costs of goods sold of $613,500, inventory of $189,880, and accounts receivable of $78,

densk [106]

Answer:

=112.785

Explanation:

Average days in inventory is financial ratio that shows the average number of days a company takes to turn its inventory.

The formula for calculating the average days in inventory is as below.

Days in inventory = Average inventory /cost of goods sold x 365

for Re-UP Enterprises: average inventory = $189,880

cost of goods sold =$613,500,

Days in inventory

= $189,880/613,000 x 365

=0.309 X 365

=112.785

6 0

3 years ago