Answer:
Effect on income= $78,000 increase
Explanation:
Giving the following information:
Stryker Industries received an offer from an exporter for 26,000 units of a product at $17 per unit.
Unit manufacturing costs: Variable 14
Because it is a special offer that doesn't affect the current sales, we will not take into account the fixed costs.
Effect on income= 26,000*(17 - 14)= $78,000
Answer:
Debit Supplies $8,900; Credit Cash $8,900
Explanation:
Based on the information given the general journal entries that Specter Consulting will make to record this transaction assuming the companyâs policy is to initially record prepaid and unearned items in balance sheet accounts will be :
Debit Supplies $8,900
Credit Cash $8,900
Answer:
In the late 1960s and early 1970s, a small group of Chilean students went to the University of Chicago to obtain graduate degrees in economics. By that time, the University of Chicago was led by Milton Friedman, an economist known for his defense of market liberalism and private property.
After Chilean Dictator Augusto Pinochet overthrew former president Salvador Allende (who killed himself), Pinochet called upon some of these Chicago-graduates to advise him on economic matteers. This lead to the implementation of liberal policies such as privatization of public services, pensions, and healthcare, the reduction of taxes, and the elimination of syndicates.
In this scenario, the form of management followed by ket technologies is <u>"Bureaucratic".</u>
The bureaucratic form is common to the point that a great many people acknowledge it as the typical method for arranging any undertaking. Individuals in bureaucratic associations by and large accuse the monstrous symptoms of organization on administration, or the authors, or the proprietors, without mindfulness that the genuine reason is sorting out in view of the bureaucratic frame. All things considered, the bureaucratic shape has been so regular since it guarantees some significant advantages.