Answer:
Explanation:
Part One: Demand falls/ declines once the price of movie ticket increases.
Part Two: Demand declines also when the price of the local Internet Service provider increases.
Part Three: Demand declines when the price of cappuccino increases
Answer:
Explanation:
. You can hire someone to keep your books but, you'll still need to know how to read, understand, and interpret basic accounting reports in order to make good business decisions and also for you to be able to know if someone is committing fraud. A basic knowledge will assist you in all this.
It is virtually impossible to smoothly run a business without being able to read, understand, and analyze accounting reports and financial statements
Answer:
a resource whose capacity is less than the capacity of all other resources and whose capacity is less than the demand placed on it.
Explanation:
In a production system, a bottleneck refers to a point of congestion where an excess amount of work in progress units arrive and the process cannot handle them all. This inability to handle the inflow of units results in production queues which causes delays in the system, increases inefficiencies and reduces productivity.
Answer:
d). Value of the preferred stock= $3/0.07= $42.86
Explanation:
A preferred stock represents a portion of ownership or an organisation. Although there are two types of stock which are ordinary/common stock and preferred stock, the characteristics of preferred stock is that its holders are entitled to dividend claims before the holders of the common stockholders.
The Value of Pfizer Inc.'s preferred stock is as follows:
Value of Preference Stock= The Annual dividend the required rate of return on the stock
Annual dividend = $3.00
Rate of return = 7%
Value of the preferred stock= $3/0.07= $42.86
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Actual number of cars detailed 110
Actual direct labor hours used 275
Standard direct labor cost per hour $8.46
Standard direct labor per car 1.5
To calculate the direct labor efficiency variance, we need to use the following formula:
Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate
Actual quantity= 1.5*110= 165 hours
Direct labor time (efficiency) variance= (165 - 275)*8.46
Direct labor time (efficiency) variance= $930.6 unfavorable
