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Nitella [24]
3 years ago
14

Which of the following questions is a macroeconomic issue?

Business
1 answer:
Levart [38]3 years ago
5 0

Answer:

Options A and C touches on macro economic issues

a) What is the future growth prospect for an economy?

c) What effect would a cure for Mad Cow Disease have on the market for beef?

Explanation:

macroeconomics is a branch of economics that deals with the relationship of the major factors in an economy. It focuses on the aggregate changes in the economy such as unemployment, growth rate, gross domestic product and inflation in order to ascertain the behavior and performance of an economy as a whole.

These factors include include supply and demand in a labor market, market failure, competition, price stability, productivity and efficiency.

Therefore, the future growth prospect of an economy and the effect of mad cow disease on the market for beef is a macro economic issue.

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The following information came from the income statement of the Wilkens Company at December 31, 2017: sales revenue $1,800,000;
andriy [413]

Answer:

Wilkens' days in inventory for 2017 = 60.833

Explanation:

Given:

Sales = $1,800,000

Beginning inventory = $160,000

Ending inventory = $240,000

Gross profit = $600,000

Inventory turnover = 6 times

Wilkens' days in inventory for 2017 = ?

Computation of Wilkens' days in inventory for 2017:

Wilkens' days in inventory for 2017 = Number of days in a year / Inventory turnover

Wilkens' days in inventory for 2017 = 365 / 6 times

Wilkens' days in inventory for 2017 = 60.833

7 0
4 years ago
Give an example of a successful or unsuccessful transformational leader. What if anything about the context (e.g., industry, mar
Tanzania [10]

Answer:

Explanation:

One transformational leader that we can talk about was Martin Luther King Jr. who was an Activist and Minister who fought for American Civil Rights in the United States in the early 1950s. MLK jr. was both assisted and hindered by the time in history in which his efforts took place. This is because at the time African American Rights were almost non-existant and the Civil Rights movements were at an all time high. This means that MLK jr. was able to amass many followers as he was fighting to make the world a more equal place for everyone, but at the same time it was a time in history where racism was at an all time high as well. This hindered his efforts greatly and ultimately led to his death in 1968. Regardless, Martin Luther King Jr. made one of the biggest impacts in the Civil Rights movements in history as a transformational leader.

5 0
3 years ago
Training programs which incorporate a variety of delivery modes and techniques tend to be particularly effective because trainee
liq [111]

Answer:

The correct answer is letter "B": learner characteristics.

Explanation:

In psychology, there are three main learner's characteristics considered: personal characteristics (<em>demographic information from the learners such as age, gender, language or social-economic status</em>), academic characteristics (<em>type of education and qualifications</em>), and cognitive characteristics (<em>level of intellectual skills and type of operational memory</em>).

<em>These characteristics must be considered by trainers at the moment of creating their programs since they must include a variety of learning approaches suitable for each type of learner in an attempt to ensure they will understand the information the trainer wants to transmit.</em>

8 0
3 years ago
Koebel Corp uses a job order costing system with manufacturing overhead applied to products on the basis of direct labor hours.
Lynna [10]

Answer: See explanation

Explanation:

a. Calculate the predetermined overhead rate Overhead Rate per hour

Predetermined Overhead rate will be the estimated total manufacturing overhead divided by the estimated total direct labor hours. This will be:

= $ 921,600/51,200

= $ 18

(b) Calculate how much manufacturing overhead will be applied to production

Manufacturing overhead that'll be applied to production will be the predetermined overhead rate multiplied by the actual total direct labor hours. This will be:

= $ 18 × 48,900 direct labor hours

= $ 880,200

(c) Is overhead over- or underapplied? By how much?

The Actual Overhead Incurred = $902,900 while the manufacturing overhead applied = $880,200. This shows that overhead is underapplied due to the fact that manufacturing overhead applied is less than the actual overhead that is incurred.

Therefore, the amount of overhead that was underapplied will be:

= $ 902,900 - $ 880,200

= $ 22,700

(d) What account should be adjusted for over-or underapplied overhead? Should the balance be increased or decreased?

Based on the scenario in the question and the answers calculated, the cost of goods sold should be increased.

4 0
4 years ago
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