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3 years ago

Which of the following best describes goods production? (1 point)

Business

2 answers:

sleet_krkn [62]3 years ago

6 0

ANSWER: B) activities producing tangible products, such as radios, newspapers, buses, and textbooks

EXPLANATION: Goods production refers to the production of tangible articles from tangible raw materials as well as from intangible inputs such as ideas, knowledge and information, which will have a commercial value and will be beneficial for consumer use and exchange value. Such examples are Radios and Buses which are produced from tangible raw materials and Newspapers and Textbooks which are produced from Information and Knowledge gathered.

OLEGan [10]3 years ago

4 0

The goods production refers to activities producing tangible products, such as radios, newspapers, buses, and textbooks.

Further Explanation:

Justification for the correct and incorrect answer:

Activities producing intangible and tangible products, such as entertainment, transportation, and education: This option is incorrect.

The activities that produce tangible and intangible products are known as Service operations or service production. It includes the production of education and transportation.

Activities producing tangible products, such as radios, newspapers, buses, and textbooks: This option is correct.

The activities that produce tangible products are known as goods operations or goods production. It includes the production of buses, magazines, and cars.

Production processes in which resources are broken down into components to create finished products: This option is incorrect.

The process of breaking down into components to create finished products is known as operation.

The systematic direction and control of the processes that transform resources into finished projects that create value and provide benefits to consumers: This option is incorrect.

The operation management is the process by which the resources are transformed into finished goods that will create value for the consumers.

Learn more:

1. Demand and supply diagram

brainly.com/question/2195487

2. Demand curve

brainly.com/question/8794304

3. Forecasting human resources supply

brainly.com/question/6123400

Answer details:

Grade: High School

Subject: Business Studies

Chapter: Operation Management

Keywords: goods production, intangible and tangible products, such as entertainment, transportation, and education, such as radios, newspapers, buses, and textbooks, production processes, resources are broken down, components, finished products, the systematic direction, and control, create value, benefits to consumers.

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Your Economics instructor assigns your class to investigate factors associated with the gross domestic product (GDP) of nations.

emmainna [20.7K]

Answer:

The Correlation analysis “R” is measured to compute the strength of relationship among variables. Moreover, the value of correlation is calculated among -1 to +1. Which implies that if the computed value is near to -1 then there will be strong but negative relation and if near to +1 then it is strong but relation among the variable. However zero is consider as neutral point.

A. The computed value of correlation is - 0.772. The value identifies that that there is a strong but negative association among the variables (GDP and infant mortality rate).

B. The correlation analysis cannot computed among the variables continent and GDP because "continent" is a categorical variable not quantitative.

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D. There is a strong relationship among literacy rate and GDP as the relationship is nearer to 1. Furthermore, the association among literacy rate and GDP doesn’t suggest the causation.

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3 years ago

Suppose Ruston Company had the following results related to cash flows for 2020: Net Income of $9,100,000 Adjustments from Opera

elena-s [515]

Answer:

The Net Cash Flow is $9,300,000.

Explanation:

A statement of cash flows with amounts in thousands can be created to determine the Net Cash Flow as follows:

Ruston Company

Statement of Cash Flows

For the Year 2020

Details $'000

Net Income 9,100

Adjustments from Operating Activities 1,100

Net Cash Flow from Operating Activities 10,200

Net Cash Flow from Investing Activities (4,300)

Net Cash Flow from Financing Activities of 3,400

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3 years ago

Goodell Corporation just paid its annual dividend of $1.75, today. Dividends for the Goodell Corporation are expected to increas

AlekseyPX

Answer:

current price of Goodell Corporation stock is $48.26

Explanation:

given data

annual dividend = $1.75

expected to increase 1 year = 27.5 percent

expected to increase 2 year = 13.8 percent

expected to increase per year = 5 percent

required rate of return = 10 percent

solution

we get here first dividend that is

D1 = 1.75 × (1.275) = 2.23 ...............1

D2 = 2.23 × (1.138) = 2.54 ...............2

D3 = 2.54 × (1.05) = 2.67 ...............3

and

year 2 price will be

P2 = D3 ÷ (R – g) ...............4

P2 = 2.67 ÷ (0.10 - 0.05)

P2 = 53.4 ...............5

so current price will be

P = 2.23 ÷ (1.10) + 2.54 ÷ (1.10)2 + 53.40 ÷ (1.10)2

P = $48.26

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3 years ago

The Rogers Corporation has a gross profit of $746,000 and $305,000 in depreciation expense. The Evans Corporation also has $746,

allochka39001 [22]

Answer:

Net cash flow for The Rogers Corporation: $435,200

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Explanation:

For The Rogers Corporation:

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Tax = $217,000 x 40% = $86,800

Net income afer tax = $217,000 - $86,800 = $130,200

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Tax = $474,000 x 40% = $189,600

Net income afer tax = $474,000 - $189,600 = $284,400

Net cash flow = $746,000 - $224,000 - $189,600 = $332,400

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3 years ago

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