Answer:
(b) purchase contract with no contingencies.
Answer:
No, these two rules are not inconsistent.
Explanation:
A profit-maximizing firm will hire the number of workers such that the wage is equal to the value of the marginal product of labor.
But, a profit-maximizing firm will also produce the quantity of output at the level where price equals marginal cost.
But this does not mean that these two rules contradict or are not consistent. Hiring workers at the level where their wage is equal to the marginal product of labor helps the firm in reaching the point where the price of the product is equal to the marginal cost of production.
Data imputation involves replacing missing or inconsistent data with approximated values (fields). The replaced values are designed to provide a data record that passes edit checks.
How Does Imputed Value Work?
When the real value of an item is unknown or unavailable, it is given an assumed value known as imputation, also referred to as estimated imputation. Imputed values are logical or implicit values that are assigned to items or time sets when their "real" value is not yet known.
forecast a wider collection of values or series of data points is called an imputed value. Imputed values can be used to determine the worth of an organization's intangible assets, the opportunity cost associated with an event, or the value of a historical item for which information on the item's value at a previous period is unavailable.
Learn more about Imputed Value here:
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Answer:
a. stockholders and creditors
Explanation:
Financial accounting is utilized by stockholders and creditors in order to make business decisions.
The shareholder use financial accounting reports to determine if the company's performance is as expected and to decide if more money should be invested or funds invested be pulled out (through the sales or transfer of equity).
Creditors use financial accounting to analyze the ability of the company to pay up debts owed to them when due, also to know if to continue to extend credit facilities to the organization.
Production employees rarely use financial accounting, rather, they are more concerned with management accounting considering elements like production cost, material variances, sales budget etc.
Customers are predominantly concerned about the availability of products and the presence of close substitute.
Hence the right option is a.
