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3 years ago

Which agency would be most likely to make sure a new baby stroller has acceptable safety features? (Select the BEST answer.)

Business

2 answers:

Alona [7]3 years ago

6 0

Answer:

The correct is A

Explanation:

Vikentia [17]3 years ago

6 0

Answer:

The CPSC ( consumer product safety commission )

Explanation:

The Consumer product safety commission is an American independent agency that seeks to protect the safety of consumers by helping to ensure consumer products meets a standard that eliminates product related injury they try to achieve this through conducting researches into product related injury.

A baby stroller is a consumer product been used to carry babies around and CPSC duties also covers products been used by babies as well.

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The problem of determining what goods and services society should produce: would not exist if government owned all of the resour

kenny6666 [7]

Answer:

exists because there are not enough resources to provide all of the goods and services that people want.

Explanation:

Factors of production can be defined as the fundamental building blocks used by individuals or business firms for the manufacturing of finished goods and services in order to meet the unending needs and requirements of their customers.

The four factors of production are;

I. Land: this refers to the natural resources and raw materials extracted from the ground or grown in the soil e.g oil, gold, rubber, cocoa, etc.

II. Labor (working): this is the human capital or workers who are saddled with the responsibility of overseeing and managing all the aspects of production.

III. Capital resources: it includes the physical assets used for production of goods and services such as equipment, money, plant, etc.

IV. Entrepreneurship: it is intellectual capacity required to drive a business and the skills to develop an idea into a money making venture (business).

These four (4) factors of production when combined effectively and efficiently are used for the manufacturing or production of goods and services that meets the unending requirements or needs of the consumers.

However, the problem of determining what goods and services society should produce in order to meet the unending requirements or needs (demands) of consumers, exists because there are not enough resources such as the factors of production to provide all of the goods and services that consumers want.

4 0

3 years ago

Calculate the effect on net income (before taxes) and total assets in 2021 for each method. Suzuki estimates 10% of receivables

aalyn [17]

1. Suzuki estimates 12% of receivables: Net income (before taxes) in 2021 decreases by $5,500 and total assets in 2021 decreases by $5,500

2. Suzuki estimates 3% of credit sales: Net income (before taxes) in 2021 decreases by $7,800 and total assets in 2021 decreases by $7,800

Calculation :

1. Suzuki estimates 12% of receivables

Bad debts are estimated: 12% x $55,000 = $6,600

Before adjusting, Allowance for Uncollectible Accounts balance of $1,100 (credit).

Bad debts expense = $6,600 - $1,100 = $5,500

The entry will be made: Debit Bad debts expense $5,500

Credit Allowance for Uncollectible Accounts $5,500

Net income (before taxes) in 2021 decreases by $5,500 and total assets in 2021 decreases by $5,500

2. Suzuki estimates 3% of credit sales

Bad debts are estimated: 3% x $260,000 = $7,800

The company uses the percentage of sales method.

Bad debts expense = $7,800

The entry will be made: Debit Bad debts expense $7,800

Credit Allowance for Uncollectable Accounts $7,800

Net income (before taxes) in 2021 decreases by $7,800 and total assets in 2021 decreases by $7,800

Total assets :

The meaning of total assets is all the assets, or items of value, a small business owns. Included in total assets is cash, accounts receivable (money owing to you), inventory, equipment, tools etc.

How do you calculate total assets?

Determine total assets by combining your liabilities with your equity. Because liabilities represent a negative value, the simplest method for finding total assets with this formula is to subtract the value of liabilities from the value of equity or assets. The resulting figure equals your total assets.

Learn more about Net income :

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5 0

1 year ago

Google this for me: What is business management?

Yuliya22 [10]

Business management<span> trains people for managerial roles in technology, retail, education, government and other sectors.</span>

4 0

4 years ago

Grove Co. acquired a production machine on January 1, 2019, at a cost of $575,000. The machine is expected to have a four-year u

DIA [1.3K]

Answer:

a. Production Units method

b. Straight Line depreciation

c. Double declining method

Explanation:

Straight Line Depreciation: [575,000 - 118,000] / 4 = 114,250 per year

Declining Balance Method :

Year 2019 : 19,360 / 88,000 * [ 575,000 - 118,000 ] = 100,540

Year 2020 : 28,160 / 88,000 * [ 575,000 - 118,000 ] = 146,240

Year 2021 : 24,640 / 88,000 * [ 575,000 - 118,000 ] = 127,960

Year 2022 : 15,840 / 88,000 * [ 575,000 - 118,000 ] = 82,260

7 0

3 years ago

Corey, a supervisor, needs to rate the performance of 20 subordinates. He uses a rating scale to rate them on a scale of 1 to 10

Sonbull [250]

Answer:

central tendency distributional error

Explanation:

There are three types of distributional errors:

severity.- when the person in charge of rating is too strict and rates the employees with a poor grade.
leniency.- when the person in charge of rating is too lenient and rates the employees with a high grade.
central tendency.- when the person in charge of rating does not want to assume responsibility and rates the employees with a middle grade, not bad, not good.

3 0

3 years ago