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3 years ago

Which of the following would NOT be considered an investment in human capital?

Business

1 answer:

bearhunter [10]3 years ago

4 0

Answer:

B: Purchasing a new computer

Explanation:

Investing your money in a new computer does not teach you new skills so it would not be counted as an investment in human capital. Obtaining a college degree, attending a first-aid class, and paying for cooking lessons enhances your creativity and skills so they are the perfect examples of investments in human capital. Moreover, one of the major characteristics of investing in human capital is that they are intangible so that's another reason why purchasing a new computer cannot be categorized as an investment in human capital.

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The following computations were made from Clay Co.'s current-year-end books:Number of days' sales in inventory 61Number of days'

adelina 88 [10]

Answer: 94 DAYS

Explanation: The average time it takes for the business to complete the whole process of making initial cash outflow to produce goods and receiving cash from customers by selling those goods produced is called operating cycle of that business.

formula = number of days of inventory + number of days in accounts receivable

therefore,

operating cycle = 61 days + 33 days = 94 days

5 0

3 years ago

Paul’s will creates a General Power of Appointment Trust (GPOA) that distributes income to his wife annually for life and gives

Ivanshal [37]

Answer: D. The GPOA Trust automatically qualifies for the unlimited marital deduction because Paul's wife has a general power of appointment over the trust's assets.

Explanation:

General Power of Appointment Trust (GPOA) refers to a power of appointment which is a legally binding provision that's contained in a trust such that the beneficiary possess the authority to alter the beneficiaries of the trust.

In this case, Paul's wife possess the power of appointment to anyone on her behalf. Therefore, The GPOA Trust automatically qualifies for the unlimited marital deduction because Paul's wife has a general power of appointment over the trust's assets.

3 0

3 years ago

What are two ways you could continue to build to your personal human capital in the next five years

kondaur [170]

Personal human capital is defined as the <em>present value </em>of all <em>future </em>wages. So, you can increase your personal human capital by increasing your future earning potential. There are many ways to do this including investing in your education, working on your social and professional networking skills, and getting on the job training.

6 0

3 years ago

At the beginning of the period, the Assembly Department budgeted direct labor of $110,000, direct materials of $170,000, and fix

malfutka [58]

Answer:

$378,000

Explanation:

First, we need to find the variable cost per hour:

(Direct Material + Direct Labor)/Number of hours of production

= $(170,000+110,000)/8,000

= $35

Since, the department took more hours for production, therefore,

Additional budgeted costs = (10,000 - 8,000) x $35 = $70,000

Total appropriate budget for the department using flexible budgeting:

Prime cost + Factory overhead (Fixed) + Additional hourly (budgeted) costs

= (Direct labor + Direct Material) + Factory overhead (Fixed) + Additional hourly (budgeted) costs

= $(110,000 + 170,000)+$28,000+$70,000

= $378,000

6 0

3 years ago

Compared to the B2C process, the information search and alternative evaluation steps in the B2B process are: decentralized. less

ivolga24 [154]

Answer:

The correct answer is More formal and structured.

Explanation:

Also known as Business-to-consumer, that is why its acronym B2C refers to the commercial activity between a business and an individual consumer.

While this applies to any type of direct sales business to the consumer, it has been associated with online sales, also known as e-commerce. The e-commerce took off significantly in the late 1990s, with the Christmas shopping season of 1998 identified as the first “Christmas e-tail”. That year Amazon surpassed the billion in sales for the first time.

In recent years, the growth of those of online business-to-consumers have created significant challenges for businesses and services that are losing personal sales to their online competitors.

As a result, many businesses have established their own online presence to remain competitive. This has created opportunities for consumers, who can enjoy the convenience of ordering online while saving shipping costs with certain stores picking up or sending orders to the online store.

7 0

3 years ago