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2 years ago

Definition of Diversification-

Business

2 answers:

Darina [25.2K]2 years ago

6 0

Answer:

the action of diversifying something or the fact of becoming more diverse

Explanation:

Andrej [43]2 years ago

3 0

I’m assuming this question is within the context of business or economics so I’ll frame my answer accordingly. Diversification is varying your portfolio(the investments you make or in a business’ case, the services they) to help lower the overall risk you take on. An example of this is a company that offers invests in oil, hotels, and restaurants. If the oil industry took a dive, the firm would not go under cause of revenue from its other investments.

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Explain why a city council meeting to discuss hiring more city employees must be open to the public, while a meeting to discuss

ad-work [718]

Answer:

The answer is because people should know who is coming into office, but they do not have the right to know why someone is being fired for private reasons.

Explanation:

It’s important for the hiring discussion to be made public by the city council since it relates to the use of public funds to compensate these additional workforces. In contrast, firing processes do not relate to incurring funds and thus the public does not need to know about the reasons of the firing.

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3 years ago

A textbook publisher produces a textbook for $25 per book and sells a lot of 160 to the Campus Bookstore for $50 per unit. The b

Dmitry_Shevchenko [17]

Answer:

$4,000

Explanation:

The net profit of the publisher over the useful life of the 160-unit lot of textbooks is the difference between his selling price to the bookstore and the cost incurred multiplied by the number of unit.

Hence the net profit of the publisher

= 160( $50 - $25)

= 160 * $25

= $4,000

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3 years ago

Ben gordon, inc. manufactures 2 products, wheels and seats. the company has estimated its overhead in the assembling department

k0ka [10]

The number of parts used for the wheels is,
(300,000 wheels) x (2 parts/wheel) = 600,000
For the seats,
(600,000 seats) x (3 parts/seat) = 1,800,00
From the calculation above, the ratio of wheels to total number of parts is 0.25 which means that the overhead allocated for the wheels should be equal to $165,000. The rest of the money should be for Sam, totaling to $495,000.

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3 years ago

Shen spends $200 to purchase legal service from Rowan and Martin Associates. Valerie spends $8 to order a mojito cocktail. Shen

8090 [49]

Answer:

(1) Shen spends $200 to purchase legal service from Rowan and Martin. Associates - Dollars

(2) Valerie spends $8 to order a mojito cocktail - Dollars.

(3) Shen earns $375 per week working for Little Havana - Inputs.

Explanation:

(1) & (2) statements in the "Answer" above are purchase on cash transactions. Hence, they imply the flow of dollars from the household to the firm.

(3) statement in the "Answer" above implies giving of factor input labor services by Shen to Little Havana. Hence, it indicates the flow of inputs from the household to the firm.

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3 years ago

The units of an item available for sale during the year were as follows: Jan 1 Inventory 22 units at 127 April 15 Purchase 138 u

balu736 [363]

Answer:

$5,134

Explanation:

LIFO assumes that the units to arrive last are sold first Therefore inventory value is based on earlier (old) prices.

Step 1 : Calculate units sold

Units sold = Units Available for sale - units in inventory

= 145 unit

Step 2 : Determine Inventory Value

Inventory value = 22 units x $127 + 20 units x $117

= $5,134

Conclusion

the inventory cost using the last-in, first-out (LIFO) is $5,134

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3 years ago