Answer:
D) economic.
Explanation:
These are seen to be factors which play vital roles in bringing/affects the competitiveness of the environment of operation of a said firm.
These forces in a business are said to primarily affect the distribution of production activities across the globe and also within a smaller region. These effects of economic forces are easily been felt by the mass/population around the region where these forces are present and also where these enterprises are been sited/located.
Factors ranging from interest rate, employment, inflation rate, government fiscal and monetary policy are generally known to make up these factors been talked about.
Answer:
2 apples and 6 bottles of water
Explanation:
since Bervin earns K22, her consumption possibilities frontier is:
apple water total utils obtained
4 units 1 unit 90 + 20 = 110 utils
3 units 3 units 75 + 54 = 129 utils
2 units 6 units 55 + 90 = 145 utils
1 unit 8 units 30 + 98* = 128 utils
0 units 11 units 0 + 98* = 98 utils
The optimal combination of apples and bottles of water is 2 apples and 6 bottles of water because that combination yields the most utils.
*Since the table only states the utils obtained until the 7th unit, we must assume that any additional unit consumed will provide 0 utils.
Answer:
contribution margin ratio= 0.37
Explanation:
Giving the following information:
Sales= $4,700
Total variable cost= $2,961
To calculate the contribution margin ratio, we need to use the following formula:
contribution margin ratio= (sales - total variable cost) / sales
contribution margin ratio= (4,700 - 2,961) / 4,700
contribution margin ratio= 0.37
Answer:
To evaluate the effectiveness of controls over all relevant financial statement disclosures in the financial statements.
Explanation:
In Accounting, an internal control is a mechanism, procedure, rule or policy designed by management to secure assets, promote efficiency, ensure accountability and prevent fraudulent behavior in an organization.
The main goal of auditing internal control is to evaluate the effectiveness of controls over all relevant financial statement disclosures in the financial statements.
Answer:
The fund raising committee can be organized in 3,276 different ways.
Explanation:
The committee can have the following structures:
Accounting majors Finance majors
0 5
1 4
2 3
C(10,0) x C(8,5) = (10! / 10!) x (8! / 3!5!) = 1 x 56 = 56
C(10,1) x C(8,4) = (10! / 9!1!) x (8! / 4!4!) = 10 x 70 = 700
C(10,2) x C(8,3) = (10! / 8!2!) x (8! / 5!3!) = 45 x 56 = 2,520
total possibilities = 2,520 + 700 + 56 = 3,276