Answer:
Cost-benefit analysis.
Explanation:
Cost-benefit analysis is used to examine and compare the cost associated with a project or task and the benefits derived from it.
In the given scenario, Alpha Manufacturing has most likely conducted a cost-benefit analysis, a form of utilitarianism commonly applied by firms and government. Also, it is essentially used by various organizations or business firms in the decision-making process, as all the cost incurred are determined.
Additionally, it may be used to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.
Fixed costs can be defined as predetermined expenses in a business that remain constant for a specific period of time regardless of the quantity of production or level of outputs. Some examples of fixed costs in business are loan payments, employee salary, depreciation, rent, insurance, lease, utilities etc.
Answer:
1. Thorstein Veblen.
2. Alfred Marshall.
3. Alfred Chandler, Jr.
4. Economies of throughput ('economies of speed').
5. First mover advantage.
6. Planned obsolescence.
7. The rule of reason.
Explanation:
1. <u>Thorstein Veblen:</u> Economist who observed that "invention is the mother of necessity."
2. <u>Alfred Marshall:</u> Economist whose Principles of Economics marked the theoretical separation of politics and economics.
3. <u>Alfred Chandler, Jr.</u>: Economic historian who wrote, The Visible Hand: The Managerial Revolution in American Business.
4. <u>Economies of throughput ('economies of speed'):</u> Realizing lower costs by maintaining a high speed and volume of flow from raw materials to finished goods.
5. <u>First mover advantage</u>: The competitive edge a business gets from being the first to adopt a new technology which will become the standard.
6. <u>Planned obsolescence:</u> Designing a product to have a limited useful life in order to encourage future sales.
7. <u>The rule of reason:</u> The rule developed by the Supreme Court to make the Sherman Act workable in an era in which businesses were organizationally and technologically compelled to restrain trade
Answer:
Health Maintenance Organizations or HMOs
How different from the indemnity insurance system?
D. Taking responsibility for both financing and delivering health care services to a defined group of beneficiaries.
Explanation:
HMOs are healthcare maintenance organizations which coordinate the provision of health services and care to registered patients. They provide health insurance services to their patients for a monthly fee. They ensure cost-effectiveness in healthcare delivery through their coordination efforts.
On the other hand, indemnity insurance system involves some contractual agreements in which one party (the insurer or insurance company) guarantees compensation for actual or potential losses or damages sustained by another party (the insured).
Answer:
-$183,000
Explanation:
The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.
The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.
The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.
An increase in assets other than cash is an outflow while an increase in liabilities is an inflow. Depreciation and other non-cash expenses deducted in the income statements are added back while the non-cash income such gain on asset are deducted from net income.
The company's cash flows from financing activities
= $80,000 - $17,000 - $130,000 - $116,000
= -$183,000