Answer:
1. AirEurope should produce if it wants to maximize its profit.
2. False
Explanation:
New payoffs after subsidy:
Aircraft/ AirEurope Produce Not Produce
Produce -3 , <u>6</u> 75 , 0
Not Produce 0 , 74 0 , 0
With a $9 million subsidy, regardless of whether Aircraft produces or not, AirEurope should<u> produce</u> if it wants to maximize its profit.
The statement is false (Aircraft would earn a negative payoff if it enters).
Answer:
planning ( b )
Explanation:
planning for a business involves all the components of a business idea and how to carryout such business idea in the open market in other to be successful and profitable.
hence the description of the future one envisions for a business and what one plans to do and how to do them is embodied in the planning stage of the business. while the Brainstorming session/stage of the business cycle deals with finding solutions to already existing challenges. also surveying is used to measure what kind of business one should be involved with.
The answer is "trade barriers"
Answer:
$125
Explanation:
Computation for the change in net working capital
Using this formula
Change in net working capital =( Ending Current asset- Ending Current liabilities) - (Beginning Current asset- Beginning Current liabilities)
Let plug in the formula
Change in net working capital =
($493 – $272) – ($328 – $232)
Change in net working capital = $221-$96
Change in net working capital =$125
Therefore the Change in net working capital will be $125
Answer:
$6516
Explanation:
LIFO means last in, first out. It means that it is the last purchased inventory that is sold first.
Total sales in the month was 362 units, this would be taken from the inventory purchased during the month
= 362 x $18 = $6,516
