Explicit costs are business expenses that are easily identifiable and can be accounted for.
1) Wages and salaries = 100,000
2) Utilities expenses = 15,000
3) Materials and Supplies = 150,000
4) Gasoline expense = 5,000
100,000 + 15,000 + 150,000 + 5,000 = 270,000 answer is C.
Answer:
$2,500
Explanation:
Opening balance $12,000
Cash receipts $30,000
Cash disbursement ($34,500)
Closing balance $7,500
Minimum cash balance $10,000
Borrowing amount(1$0,000-$7,500) $2,500
To maintain $10,000 cash balance western company need to borrow $2,500($10,000-$7500)
The actions of Mulally in doing the above can be said to be part of his <u>Strategy </u>for <u>Ford</u>.
<h3>Actions by John Mulally.</h3>
- Were done to turn Ford Motors around so that it would be successful again.
- Involved closing down plants and increasing labor productivity.
John Mulally was the CEO of Ford Motors and when he took over, Ford needed a turnaround in their fortunes. He engineered a series of changes to ensure that Ford would be competitive again.
In conclusion, this was his strategy.
Find out more on labor productivity at brainly.com/question/6430277.
