The formula is (net profit / total investment) x 100. Applying the formula we have: [(350,000-120,000-58,000)] x 100 = 114.66%, rounding up to 114.7%. Therefore, the correct answer is b.
A. The type of manufacturing industry being carried on by Ravi and Raaj with the manufacturing of air purifiers is <u>Gadget manufacturing</u>.
B. The type of trade as per geographical concentration is national trade.
C. The auxiliaries to trade highlighted in the above case include:
- Banking
- Marketing
- Logistics or Storage.
<h3>What are the types of manufacturing industries?</h3>
Types of manufacturing include:
- Clothing and Textiles
- Petroleum, Chemicals, and Plastics
- Electronics (Gadgets), Computers, and Transportation
- Food Production
- Metal Manufacturing
- Wood, Leather, and Paper industries.
Thus, the type of manufacturing industry being carried on by Ravi and Raaj with the manufacturing of air purifiers is <u>Gadget manufacturing</u>.
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Answer:
False
Explanation:
Leaders who are production oriented have their focus on getting a task done and getting result, not bothered on employees' welfare and what challenges may arise. They do not emphasize interpersonal relationship and no interest in the needs of their followers.
Warranty expense is the value associated with a faulty product repair, replacement, or refund. A warranty comes with a warranty duration in the course of which the seller or manufacturer of the good is in charge for any defects that can also appear all through the use of the product.
<h3 /><h3>Is warranty an amassed expense?</h3>
Expense Warranty (Accrual) approach – if the assurance is inseparable from the product being sold and guarantee charges are probably and can be fairly estimated, accrue these prices as a liability in the 12 months of sale.
<h3>When Should assurance fee be recorded?</h3>
Therefore, a corporation should report in the duration of the sale the estimated fee of repairing or changing the product at some point of the guarantee period. That expected price is recorded as a liability on its stability sheet and as an fee on its profits statement.
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Answer:
- Equilibrium wage increase
- Level of employment increase
Explanation:
A shift rightward in the labor market of a single employer would imply that the employer wants more labor. They will therefore increase the wages that they are paying their labor to entice more labor and the level of employment in the industry will increase as the employer hires more people.
Graphically speaking, when the labor demand curve shifts right, it will intersect with the labor supply curve at a higher equilibrium wage. The quantity of labor will also increase as it goes to a new equilibrium point.