Answer: In the second statement
Explanation: Supply and demand are two market forces which determines the price of a commodity. In simple words, the amount of commodity that the consumers are willing to buy at a given price is called demand and the producer are willing to sell is called supply. The situation in which the two are equal is called equilibrium.
If the demand for a product is higher than its supply then its price will increase and vice versa.
Thus, from the above we can conclude that the second statement is correct.
Select all that apply.
Common Terminology
Management by Objectives
Incident Action Planning
Manageable Span of Control
Unified Command
Accountability
Answer:
Management by Objectives
Incident Action Planning
Manageable Span of Control
Explanation:
Considering the information given in the question, the NIMS Management Characteristics I am supporting are:
1. Management by Objectives
This is because, by Management by Objectives, the General Staff are making strategies according to the previous objectives.
2. Incident Action Planning
This is because, by Incident Action Planning, the General Staff are revising planning documents that will comprise staffing and resource necessities.
3. Manageable Span of Control
This is because, by Manageable Span of Control, General staff chiefs are assessing staffing requirements in the Incident Command Post. This is to make sure each supervisor only has personnel that can be managed.
Answer:
The payback period for this project is 2.43 years.
Explanation:
Elmer Sporting Goods is getting ready to produce a new line of golf clubs by investing $1.85 million.
The investment will result in additional cash flows of $525,000, $812,500, and 1,200,000 over the next three years.
The payback period is the time it takes to cover the investment to be covered by returns.
The investment cost remaining in the first year
= $1,850,000 - $525,000
= $1,325,000
The investment cost remaining in the second year
= $1,325,000 - $812,500
= $512,500
The third year payback
= 
= 0.427
The total payback period
= 2.43 years
Answer:
$15,850
Explanation:
Particulars Amount
Sales revenues, each year $40,000
Less : Depreciation $10,000
Less : Other operating costs <u>$17,000</u>
EBIT $13,000
Less : Interest expense <u>$4,000</u>
EBT/PBT $9,000
Less: Tax at 35% <u>$3,150 </u> ($9,000*35%)
PAT $5,850
Add: Depreciation <u>$10,000</u>
Cash flow after taxes <u>$15,850</u>
