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3 years ago

What is the meant byTQM

2 answers:

5 0

TQM is Total Quality Management, it's describe as a management approach to long-terms success for customer service or satisfaction.

igor_vitrenko [27]3 years ago

3 0

The Meaning of TQM is Total Quality Management which is an approach to success through continuous improvement with all members included from an organization

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Segmented Income Statement Gorman Nurseries Inc. grows poinsettias and fruit trees in a green house/nursery operation. The follo

scoray [572]

Answer

A= Net operating loss = (924800)

B= Net operating profit = $9000

Explanation: A B

(Poinsettia) (Fruit tree)

$ $

Sales =970000 ; = 3100000

less: Variable cost of goods sold = (460000) ; =(1630000)

Gross contribution margin 510000 ; 1470000

Less: Selling expense (4% o sales)

A (970000*4%)

B(310000 *4%) ( 38800) ; ( 124000)

Contribution margin 471200 ; 1346000

Less: Fixed overheads (800000) ; (800000)

(328800) ; 546000

less: Fixed Selling & admin expense (146000) ; (87000)

(474800) ; (459000)

Less: Common selling and admin expense (450000) ; (450000)

Net operating income /( loss) (924800) ; 9000

5 0

3 years ago

In 2017, Blake purchased a new home. In addition to the purchase price of $200,000, he paid $700 in legal fees and $2,000 in rec

slavikrds [6]

Answer:

$207,700

Explanation:

Blake's basis in his home in 2017 = purchase price + legal and administrative fees = $200,000 + ($700 + $2,000) = $202,700

Since the deck that Blake added to his home is considered an improvement that is permanent and increases the home's value, it will also increase the home's basis = $202,700 + $5,000 = $207,700

5 0

3 years ago

Soda and pizza are complements because they are often enjoyed together. When the price of soda rises, what happens to the supply

almond37 [142]

Explanation:

In the case of the complements goods, if the price of the soda rises, the demand would be decreased and the supply would rises. Since the soda and pizza are complementary goods so the impact of one good would be the same for another good also

Moreover, we also know that the price and the demand has an inverse relationship but the price and the supply has a direct relationship

6 0

3 years ago

Private solutions to correct for externalities consider the following scenario:________.

Charra [1.4K]

Answer: Charities; coordinating negotiations among all of the parties too costly

Explanation:

From the question, we are told that that a chicken farm uses a nearby stream to dispose of the wastes that is released by its chickens and that the wastes flow downstream into a lake that has become polluted due to the waste matter. The local office of a nonprofit environmental organization then collects enough donations in order to stop the farm's pollution.

The type types of private solutions to the pollution externality which has occured is charity. This is because it is a voluntary activity. The money collected is meant for a specific objective which is to tackle the issue of pollution.

It is also vital to note that sometimes the private solutions to externalities might not work. For example, this occurs when communications barriers or social customs are important enough relative to the potential gains involved that coordinating negotiations among all of the parties too costly.

6 0

3 years ago

find the accumulated amount at the end of 9 months on an $800 deposit in a bank paying simple interest at a rate of 6% per year.

Valentin [98]

As per the given figure, after calculating the accumulated amount, the figure that has been arrived is $1,232.

<h3>What is the accumulated amount?</h3>

Accumulated value or accumulated amount, both are synonyms. It is used to refer to the cash value. Basically, this means there is an easy way of calculating the accumulated value.

All one has to do is to find the total or the sum of the initial investment and, in that addition, the interest which has been earned till date will be added. Formula for calculating the simple interest is

Accumulated amount =Principal amount (1+rate * time)

Here Principal amount = $800, rate= 0.06, time=9 months

Accumulated amount = 800 (1+(0.06*9) = 800 (1+ 0.54 ) = $1,232.

Thus, the accumulated amount for the given data is $1,232.

Learn more about accumulated amount from here:

brainly.com/question/12903532

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7 0

1 year ago