Answer:
The correct answer is: market efficiency; government intervention; specialization; equilibrium.
Explanation:
The owner of the snow cones realizes that the demand for snow cones has decreased in winter, and thus, closes shop to open back. This is an example of market efficiency.
The local river is being polluted too much because of the amount of chemicals being dumped in the river. The government puts regulation on the amount of chemicals being dumped. This is an example of government intervention in the economy.
At a restaurant one chef is placed at the vegetable station, one chef is at meat station, and one is to plate the food. This an example of specialization the management is placing chef that specializes in vegetable, meat and in plating at their respective positions.
The favorable whether leads to increase in supply of oranges. This causes a rightward shift in supply curve. The price of oranges fall as a result. This is an example of change in equilibrium.
Answer:
The taxable income is $13000
Explanation:
The sell by California resident = $10000
The taxable gains = $2000
Given interest rate = $1000
Since during the year total amount received is the return of principal, gains, and interest rate. Therefore total amount = 10000 + 2000 + 1000 = $13000
Thus, the total amount received during the years is California taxable income.
Answer:
$31,320.00
Explanation:
The formula for accounting rate of return is the annual net cash flow divided by the initial investment.
If the initial investment was $522,000 and the accounting rate of return is computed to be 6% per year, hence the annual increase in cash flow accruing from the investment can be calculated by changing the subject of the formula.
ARR=annual increase in cash flow/initial investment
ARR is 6%
initial investment is $522,000
annual increase in cash flow?
6%=annual increase in cash flow/$522,000
annual increase in cash flow=6%*$522,000= $31,320.00
Answer:
54,000 chairs
Explanation:
The computation of the number of chairs at the beginning of the month is shown below:
Inventory at the beginning of the month = Units completed and transferred + ending inventory units - Units started
= 180,000 chairs + 21,000 chairs - 147,000 chairs
= 54,000 chairs
We simply applied the above formula to find out the inventory at the beginning of the month
Answer:
b. It is logical to use this method when overhead resources are consumed by various products in substantially different ways throughout multiple departments.
Explanation:
The departmental overhead rate method -
It refers to the expense rate charged for the specific department of the factory for the goods and services produced , is referred to as the departmental overhead rate method.
It is a type of some standard charge imposed for the particular activity produced, for each and every step of the production of the goods and service, until the final product is produced, at various level a specific rate is applied, i.e. , the departmental overhead rate method.
Hence, from the given information of the question,
The correct answer is b.
