Answer:
Month incurred Amount June July August
June 75,000 37500 18,750 18,750
July 95,000 47,500 23,750
August 95,000 47,500
37,500 66,250 90,000
The expected cash receipts are:
June = $37,500
July = $66,250
August = $90,000
Explanation:
The pattern of collection of sales is that 50% are collected in the months of sales while 25% each will be collected in the following month and following 2 months. For instance, 50% of June sales are collected in June, 25% are realized in July and 25% are collected in August. 50% of July sales are realized in July and 25% are collected in August.
Answer:
In the cost-push model inflation is caused by owners of resources (including labor) increasing their prices that result in increases in product prices throughout the economy.
Explanation:
Inflation is an increase in the price of goods and services caused by a number of factors in the economy. There are two major types of inflation models;
<em>1. Cost-push inflation</em>
A cost-push inflation is an increase in prices caused by an increase in the production cost. The increase in production cost can be caused by items such as; cost of labor, raw materials or resources that are useful in the manufacture or operation of other products. This increase in production cost in turn increases the product prices of its associated products.
<em>2. Demand pull inflation</em>
Demand pull inflation is an increase in prices caused by an increase in the demand for the product. When the consumer demand for a certain product increases, the price of the particular product also increases. This is majorly due to the fact that a high demand causes the available supply to diminish leading to limited resources. When the demand supersedes the supply, consumers are willing to pay higher for the product.
Lewin's three stage change process include the steps 'Unfreeze', 'Change' and 'Refreeze'. Jeenny's decision to recruit five employees illustrates the 'Unfreeze' step. It is the first step in a change management process. This step includes determining what needs to be changed. After she discovered that not delivering the customer orders on time is the problem and that is due to the insufficient manpower, she has decided what to do. This resembles the 'Unfreeze' step in the Lewin's three stage change process.
Answer:
Diversity and stability of fields.
Reduction in chemical or fertilizer application.
A complementary sharing of plant resources, such as Nitrogen from N fixing plants.
Weed suppression, and a reduction in susceptibility to insects and disease.
