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3 years ago

Question 2 (2 points)

Business

1 answer:

Varvara68 [4.7K]3 years ago

5 0

Answer:

Government resources

Explanation:

Factors of production are also known as inputs in the production process. They four in number and include land, entrepreneurship, capital, and labor.

Land refers to the <u>natural </u>resources occurring beneath, above, and on earth's surface. They include minerals, fertile agricultural land, water, forests, air, gas, space for building, and many others.
Capital refers to the resources required to start and run a business. It includes finances, technology, methodology, plants and machinery, among others.
Labor is the human input in the production process. Human beings contribute skills, knowledge, energy, and time.
Entrepreneurship is the mobilization and organization of all the other factors(land, capital, and labor) to start and run a successful business.

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Offering training and improvement to personnel allows employers to pinpoint the know-how and competencies they want their personnel to have. education and development programs can teach personnel about new skills or offer updates on present abilities to enhance productivity.

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1 year ago

Anyone there PLAESe responed

Eva8 [605]

Answer:

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4 years ago

Jessica’s Office Supply, Inc., had 300 calculators on hand at January 1, 2017, costing $16 each. Purchases and sales of calculat

otez555 [7]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Jessica’s Office Supply, Inc., had 300 calculators on hand on January 1, 2017, costing $16 each.

Purchases and sales of calculators during January were as follows:

January 12: 200 units for $25

J 14: 150 for $17

J 29: 100 for $18

J 30: 150 for $30

According to a physical count, 200 calculators were on hand on January 31, 2017.

FIFO:

Inventory= 150*30 + 50*18= $5,400

COGS= 300*16 + 200*25 + 150*17 + 50*18= $13,250

LIFO:

Inventory= 200*16= $3,200

COGS= 150*30 + 100*18 + 150*17 + 200*25 + 100*16= 15,450

Average cost method:

Average cost= (16 + 25 + 17 + 18 + 30)/5= 21.2

Inventory= 21.2*200= $4,240

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3 years ago

True or false: in restaurants, tipping is not customary because it violates the tradition of tahitian hospitality.

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True. In restaurants, tipping is not customary because it violates the tradition of Tahitian hospitality.

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