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2 years ago

Answer the following statement true (T) or false (F).

Business

1 answer:

Mars2501 [29]2 years ago

5 0

Answer:

False

Explanation:

Igor did nothing wrong. He performed a reverse engineering process which is totally legal. A reverse engineering process happens when a manufactured object is deconstructed in order to find out how it was designed or manufactured.

This process is very similar to scientific research, only that it is carried out on man made objects.

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Which factor accounts for 33 to 50 percent of miscarriages??

inessss [21]

The answer is major genetic disorders. Fertility doctors have revealed that a faulty gene that can be conceded by either parent can activate miscarriages. It is the primary time it has been exposed that a gene conceded by the father can source miscarriage in the mother.

4 0

2 years ago

Financial Statements of a Manufacturing Firm The following events took place for Sorensen Manufacturing Company during January,

kramer

Answer:

A. income statement for Sorensen Manufacturing Company

Sales $329,500

Less Cost of Sales

Opening Finished Goods Inventory $0

Cost of Goods Manufactured $184,300

Less Finished Goods Inventory ($37,700) $146,600

Gross Profit $182,900

Less Expenses

selling expense ($84,300)

administrative expense ($37,000)

Net Income or Loss $61,600

B. inventory balances at the end of the first month of operations.

Raw Materials Inventory = $15,800

Work In Process Inventory = $58,200

Finished Goods Inventory = $37,700

Explanation:

Raw Materials Inventory Calculation :

Open a Raw Materials T - Account

Debit :

Opening Balance $0

Purchases $68,500

Totals $68,500

Credit:

Used in Production $52,700

Closing Balance (Balancing figure) $15,800

Totals $68,500

Work In Process Inventory Calculation :

Make a Schedule of Manufacturing Cost

Raw Materials $52,700

direct labor wages $78,800

factory overhead $111,000

Total cost of Manufacture $242,500

Less Transfer to Finished Goods ( $184,300)

Work In Process Inventory $58,200

Finished Goods Inventory Calculation :

Transfer to Finished Goods $184,300

Less Cost of Sales ($146,600)

Finished Goods Inventory $37,700

6 0

3 years ago

A factory which produces bicycles has one employee who assembles the frame, one who attaches the handle bars, one who attaches t

Mkey [24]

The answer is A because one of the people checks the bicycles before shipping them off looks at there efficiency to see if they are good enough

5 0

3 years ago

How does the economy work?

xenn [34]

Your question is too broad. It took me two 48-hour courses to learn the basics of how the economy operates.

While it is interesting and I do not wish to discourage your curiosity, please make the question more specific.

For now, all I can say is that the primary function of an economy is integrating the 4 factors of production - Land, Labor, Enterprise and Capital - to produce goods profitably. This is made possible through the interactions between the consumers (also the labor), private firms, financial sector and the government sector. I would suggest watching a video on the circular flow on income on YouTube for more information on these interactions.

Furthermore, economics is concerned with solving the basic economic problem, which is the existence of unlimited wants in relation to the limited resources available on our planet. This leads us making choices (which wants to satisfy through production and consumption) and making sacrifices (which wants to give up as there only a limited amount of resources available). Economics in general deals with attempting to get the most out of the resources available. It deals with anticipating consumer behavior, trends and using this analyzed information to make decisions.

The last thing you should know is that economics is most broadly categorized into two field - Macroeconomics and Microeconomics.

Microeconomics deals with the interaction between individuals, i.e., individuals firms/industries, consumers. This deals with such things as factors affecting the demand of goods, the concept of elasticity, factor affecting supply of goods, the marginal utility theory and so forth.

Macroeconomics deals with the economy as a whole - this includes concepts such as national income (GDP), aggregate demand and supply, the multiplier effect, the factors affecting consumption, investment,government expenditure and net exports, the exchange rate systems and Balance of Payments.

P.S. In the above answer, I have only briefly mentioned the basics. If you would like further understanding of the basics then please YouTube/Google each economics term listed above.

5 0

3 years ago

Cisco purchased Pure Digital, maker of the Flip video recorder, but ended up shutting the unit down a little over two years late

Georgia [21]

Answer:

Explanation:

Envelopement in business is defined as the entrance of the producer of a particular line of product into another market , incorporating the features of the new product into its already existing line to achieve a multi-platform.

This is especially common to the producer of mobile phones as they can now have features of music and video players incorporated into mobile phones.

In these scenario, the smartphone and music players manufacturer began to offer video recording features , taking over the benefit provided by Pure gear's offering.

In this situation , it will be cheaper and even more portable to use a video recorder and a smart phone . This apparently was the threat to the survival of the Flip video recorder in the market

7 0

2 years ago