Answer:
$1,456,975.19
Explanation:
FV = P (1 + r / m)^nm
FV = Future value
P = Present value
R = interest rate
N = number of years
M = number of compounding per year
$12,000 ( 1 + 0.12/365)^14600 = $1,456,975.19
I hope my answer helps you
Direct material
0.1×40
=4
Direct labor
12×0.25
=3
Manufacturing overhead
18×0.25
=4.5
the total standard cost for one unit of product is
4+3+4.5=11.5....answer
<span>The correct answer is figure 3. There are four basic factors of production, land is one of them. The other three are capital, entrepreneurship and labor. Land is a natural resources that has already been put in place by nature, it is a free gift of nature. Other features of land include the following: it is fixed in quantity, it is fixed in quantity and it is immovable.</span>
Answer:
B. amount of time the producer has to adjust inputs in response to a price change.
Explanation:
- When talking about elasticity of supply, we are refering to the sensibility of quantity produced when price changes.
- If <u>price increases, producers have an incentive to increase the quantity they offer</u>. This will be <u>conditioned by the productive process they face</u>.
- If it is relatively easy to increase output when facing an increase in prices elasticity of supply would be relatevely high.
- If it is relatively difficult or slow to increase output (think about real assets for example, their production takes more time than produceing candies), facing an increase in prices would not inmediately increase offered quantities. In this case elasticity of supply would be relatively low.
- Then, the amount of time represents a crucial aspect when thinking about how supply can change when prices changes, conditioning the value of elasticity of supply.
Answer:
PART A
The five questions are as follows
What is my risk tolerance?
How fast am I able to move?
What is my access to capital?
Who do I need to help me get there?
Do I have the capacity that I need to make this journey?
PART B
They where not carefully prepared
They lack the competence required to make a good mission statement
Lack of adequate knowledge about the Organisation
PART C
YES.
Explanation: Mission statement is a short and brief description of why an organisation exists and what are the goals of the Organisations, mission statement are also a statement of what the company wants to achieve.
A good mission statement should ensure that has considered the RISK TOLERANCE LEVEL OD THE ORGANISATION AS IT REGARDS TO INTERNAL AND EXTERNAL THREATS,THE PACE OF THE ORGANISATION, AVAILABILITY OF RESOURCES LIKE FUNDS,WHO ARE THE PEOPLE THAT THE ORGANISATION NEEDS TO ACHIEVE ITS MISSION AND THE AVAILABILITY OF COMPETENT MANPOWER AND THE NEEDED CAPACITY TO ACHIEVE THE MISSION.
Some of the issues that affects a mission statement is when people who are not competent or don't understand the concept of a mission statement or the Organisation are asked to prepare one,it will fail to put these five questions into consideration etc.
