Answer:
not until the early 19th century were a few countries able to establish sustained long-run economic growth.
Explanation:
Industrial revolution (industrialization) can be defined as a period of significant change in economic and social manufacturing process characterized by the use of handicrafts and agrarian methods to the use of power-driven equipments and machines. Basically, the industrial revolution began in Great Britain (England) between 1760 to 1840 and eventually spread across other countries of the world.
Prior to industrialization, humans and animals were largely used as a means to generate power, execute tasks or do certain things during the production and distribution process.
However, in the advent of industrialization and technological advancement, machines were invented to replace human and animal power.
Some examples of such inanimate sources are Steam plants, Nuclear plants, Wind etc.
In human history, we know that not until the early 19th century were a few countries able to establish sustained long-run economic growth.
Answer:
a. $197,600
b. $163,400
c. $108,600
Explanation:
a. Manufacturing margin = Sales - Variable cost of goods sold
= $380,000 - $182,000
= $197,600
b. Contribution margin = Manufacturing margin - Variable selling and administrative expenses
= $197,600 - $34,200
= $163,400
c. Income from operations = Contribution margin - Fixed manufacturing costs - Fixed selling and administrative expenses
= $163,400 - $57,000 - $2,800
= $108,600
Answer:
Government authorities :
They will use the financing statement to ensure the fairness of the business and to receive proper amount of tax.
Investors :
Current or potential investors would check financial statements to ensure they will suitable returns after investment.
Creditors :
They will check financial statements to make sure they get their due money back.
Employees :
The employees will ask for bonus if the company performance in statements is good,
ANSWER:
Human resources managers studies: Behavioral science, Communication, and Liberal
EXPLANATION: Human resource managers are the ones that helps the organization to identify the best personnel for a particular job task. They identify where a staff needs an improvement, and will recommend such training to the organization. They also sees that the organizational culture is maintained and respected by all personnel's in the firm.
These are the Major roles of a HRM in an organization. For a HRM to be able to perform this role, he/she must have been able to understand what Communication is all about, because it is through communication he/she can identify a personnel that will fit in perfectly to a job task.
Behavioral studies is a very vital course for a HRM, because the personnels behaviors are what constitutes to the culture of the organization, so the HRM must understand the behavior of a person, and determine if it will fit into the organizations culture.
The HRM should not be biased in reasoning, this is why he/she has to study liberal in college, so that he/she will be able to accept other people's opinions and behavior.
