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tamaranim1 [39]
3 years ago
7

Understanding opportunity cost

Business
1 answer:
Luda [366]3 years ago
5 0
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Carl jung's view of extroverted and introverted types serves as a basis of the ________.
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<span>Carl Jung's view of the extroverted and introverted types serves as the basis of the Myers-Briggs Type Indicator. This is a personality questionnaire that gives a type to a person based on social, organizational, thinking patterns, and other personality indicators.</span>
8 0
4 years ago
The capital accounts of Harrison and Marti have balances of $160,000 and $110,000, respectively, on January 1, the beginning of
blagie [28]

Answer:

b.$216,000

Explanation:

The computation of the balance in the capital account for Harrison is shown below:

= Opening balance + additional invested amount - withdrawn amount + net income distributed

= $160,000 + $20,000 - $96,000 + $132,000

= $216,000

We assume that the net income is equally distributed.

Since we have to determine for the Harrison only so we ignored the Marti data which is given in the question

4 0
4 years ago
A produce distributor uses 800 packing crates a month, which it purchases at a cost of $10 each. The manager has assigned an ann
iren2701 [21]

Answer:

The company could save $364.29 if it used the EOQ

Explanation:

The company uses 800 crates per month(u = 800), so they use 9,600 crates per year: D = 9,600

The holding cost is 35% of the crate's price = 35% x $10 = $3.50 per crate: H = 3.50

Ordering cost is: S = $28.

The actual total annual inventory cost: TC = [(u / 2) x H] + [(D / u) x S] = [(800 / 2) x 3.50] + [(9,600 / 800) x 28] = (400 x 3.5) + (12 x 28) = 1,400 + 336 = $1,736

EOQ = √[(2 x S x D) / H)] = √[(2 x 28 x 9,600) / 3.5] = √(537,600 / 3.5) = √153,600 = 391.92

The total cost using the EOQ = [(EOQ / 2) x H] + [(D / EOQ) x S] = [(391.92 / 2) x 3.5] + [(9,600 / 391.92) x 28] = (195.96 x 3.5) + (24.49  x 28) = 685.86 + 685.85 = $1,371.71

The difference between the actual total cost minus the EOQ cost = $1,736 - $1,371.71 = $364.29

8 0
4 years ago
Specific adaptations are usually required when a buyer chooses ________, which is a contract with an external firm to produce go
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4 0
3 years ago
Which of the following statements best describes a difference between HR
Rainbow [258]

The option that best describes the difference between HR planning and a staffing plan is this:

B. Unlike HR planning, a staffing plan identifies only the company's present hiring needs.

<h3>What is the difference between HR planning and staffing?</h3>

The difference between the two mentioned concepts lies in the fact that HR planning is a long-term plan that is aimed at trying to understand how the staffing needs of the company can be improved for better success.

Unlike HR planning, a staffing plan is aimed at identifying the immediate employment needs of the company and filling them up. In businesses, HR planning is very vital to building sustainability. Staffing is also important but it only considers the interim.

So, the difference between these two concepts can be pinned down to the time factor. While one satisfies a need immediately, the other looks at the future and makes reasonable plans that ensure sustainability.

Learn more about HR planning here:

brainly.com/question/13761208

#SPJ1

8 0
2 years ago
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