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torisob [31]
4 years ago
6

The difference between earned income and costs is​

Business
1 answer:
Kipish [7]4 years ago
3 0
Profit is the difference between earned income and costs. The demand of a product refers to the number of similar products that will be offered for sale at a particular time and at a particular place.


I hope that help :)
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At the beginning of the day, stock XYZ opened at $4.25. At the end of the day,
11Alexandr11 [23.1K]

Answer:

23.53%

Explanation:

The actual change will be $5.25 minus $4.25

=$5.25 - $4.25

=$1

the percentage change will be

=1$/$4.25 x 100

=0.23529 x 100

=23.529

=23.53%

4 0
3 years ago
A rightward shift in the short-run aggregate supply curve will occur when:.
posledela

A rightward shift in the aggregate supply curve will occur when: there is a decrease in price input.

<h3>What is a supply curve?</h3>

A supply curve is a graphical representation of how the market would behave or move in there is a change in supply. It is a representation of the relationship between the quantity supplied for a given period of time and the prices of goods and services.

A rightward shift in the short run aggregate supply curve will then occur anytime there is a decrease in the price input.

Learn more about Supply Curve here:

brainly.com/question/26430220

4 0
3 years ago
According to smith, what does capitalism allow individuals to do that no other economic system allows
tiny-mole [99]
Smith states that capitalism allows individuals to prosper,<span> capitalism allows for such things as division of labor and the specialization that comes with it, this increases the productive efficiency of a nation which in turn increases its wealth and standing in the rest of the world.

</span>
5 0
4 years ago
At April 30, partners’ capital balances in PDL Company are G. Donley $52,000, C. Lamar $48,000, and J. Pinkston $18,000. The inc
slamgirl [31]

Answer:

See the explanation below

Explanation:

(1) Terrell purchases 50% of Pinkston’s ownership interest by paying Pinkston $16,000 in cash.

Amount to debit and credit = $18,000 × 50% = $9,000

Debit: Pinkston's capital account - $9,000  

Credit: Terrell's Capital account - $9,000

<em>Being the purchase of ownership interest from Pinkston by Terrell </em>

Note that the $16,000 paid by Terrell to Pinkston does not affect the partnership since it is an indirect transaction.

(2) Terrell purchases 331/3% of Lamar’s ownership interest by paying Lamar $15,000 in cash.

Amount to debit and credit = $52,000 × 331/3% = $17,333

Debit: Lamar's capital account - $16,667  

Credit: Terrell's Capital account - $16,667

<em>Being the purchase of ownership interest from Lamar by Terrell </em>

Note that the $15,000 paid by Terrell to Lamar does not affect the partnership since it is an indirect transaction.

(3) Terrell invests $62,000 for a 30% ownership interest, and bonuses are given to the old partners.

Terrel's Capital = ($52,000 + $48,000 + $18,000 + $62,000) × 30% = $54,000  

Bonus paid to old partners = $62,000 - $54,000 = $8,000  

Donley's Capital = $8,000 × (5 ÷ 10) = $4,000  

Lamar Capital = $8,000 × (4 ÷ 10) = $3,200

Pinkston Capital = $8,000 × (1 ÷ 10) = $800

The entries are therefore as follows:

Debit: Cash - $62,000

Credit: Terrel's Capital - $54,000  

Credit: Donley's Capital - $4,000  

Credit: Lamar's Capital - $3,200

Credit: Pinkston's Capital - $800

<em>Being the purchase of ownership interest by Terrel and bonus shared to old partners.</em>

(4) Terrell invests $42,000 for a 30% ownership interest, which includes a bonus to the new partner.

Terrel's Capital = ($52,000 + $48,000 + $18,000 + $42,000) × 30% = $48,000

New partner's bonus = $48,000 - $42,000 = $6,000

Donley's Capital = $6,000 × (5 ÷ 10) = $3,000

Lamar's Capital = $6,000 * 4/10 = $2,400

Pinkston's Capital = $6,000 * 1/10 = $600

The entries are therefore as follows:

Debit: Cash - $42,000

Debit: Donley's Capital - $3,000  

Debit: Lamar's Capital - $2,400

Debit: Pinkston's Capital - $600

Credit: Terrel's Capital - $48,000  

<em>Being the purchase of ownership interest by Terrel and bonus from old partners to him.</em>

5 0
3 years ago
Contours, Inc., knows each drill bit can cut approximately 100,000 holes before the hole size is smaller than the print specific
anzhelika [568]

Answer:

A. Concurrent Control

Explanation:

Management control represents organisational effort to set objectives and design adequate monitoring mechanisms to be able to constantly compare actual performance of systems to the set objectives or standards. In situations where deviations are recorded, adequate mechanisms are put in place to measure the level of the deviations and also take corrective actions.

There are three different types of controls that an organisation can employ in its strategic management efforts. They include Feedforward, Concurrent and Feedback Controls. Controls are meaure taken by organisations focusing on

The feedforward control concentrates on input regulation to ensure that predetermined objectives and performance standards are achieved with little or no deviations. Feedforward system is also called a preventive, steering and a predictive system. It ensures that resources such as finance, human and capital resources are adequately regulated.

The feedback system waits for the output of processes to find out if there were deviations in the performance standard set or not. If there were deviations, then controls are put in place to ensure that the next batch of production meet standard.

Concurrent Control on the other hand, is a control system that seeks to ensure that adequate output and performance standard is maintained by regulating ongoing processes to ensure conformity to standard. It is also called the screening or yes-no control. It also requires a close monitoring of the tasks and activities on-going and making relevant queries to stop deviations or minimize deviations

Contours, Inc already knows that the limit of the drill bit is 100,000 holes and if allowed to reach this limit, the out in form of hole sizes will deviate from the standard, it will be smaller than the expected specification. Contours is therefore ensuring that the drill does not get to its limit by changing the bit at 95,000 uses to ensure that standards are met and deviations are avoided.

This is the concurrent control, the yes-no query is this:

Are we at 95,000 drills? If yes, change the drill, if no, continue the drilling

Of course, it will cost Contours more financial obligation because, the drill can still make about 5,000 holes before it deviates but it is a chance the organisation is not ready to take.

0 0
3 years ago
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