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3 years ago

Major factors influencing economic growth

Business

2 answers:

OverLord2011 [107]3 years ago

8 0

Answer:

Natural Resources

Physical Capital or Infrastructure

Population or Labor

Human Capital

Technology

Law

Poor Health & Low Levels of Education

Lack of Necessary Infrastructure

Explanation:

stepan [7]3 years ago

7 0

Answer:

Some major factors:

Natural Resources

Physical Capital or Infrastructure

Population or Labor

Human Capital

Technology

Law

Poor Health & Low Levels of Education

Lack of Necessary Infrastructure

Explanation:

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Answer:

Your Semester Assignment (SA) is instructed below: The submission process of the SA. 1. Deadline for submission: Dec 13, 2021, Monday, 23:59 2. Do NOT prepare a "Copy-Paste" assignment. 3. DO NOT prepare the same numbers, same examples, or same thoughts for more than one student in assignments. 4. The SA should be prepared with high quality by considering English grammar and good shape in structuring paper. 5. There should be a cover page that should include; • The name, department, and number of the student. • The subject of the assignment. • The abstract (summary) of your accomplishment (by saying that what you did, what you reach, what you learn, etc.) 6. If necessary, I will inform further considerations. 7. The SA's subject: Given data and requests: You will imagine a newly established SERVICE COMPANY as of Jan 01, 2015. You will start and finish the Accounting Cycle according with the below instructions. You should prepare your Semester Assignment by considering below items to be recorded to the Journal; 1. During January, record 12 economic events (directed below) to the Journal and post these recorded entries to the related Ledger accounts (10 points): a. 1 investing some capital (On the 1" of January, some capital from shareholders (14 economic event) is transferred to the company.) b. 1 getting some loan from a bank (On the 1" of January, some loan from the creditors (banks) with 20% annual interest rate is deposited to the company's bank account (2nd economic event). c. 3 prepaid expenses, 1 unearned revenue, d. 3 accrued expense, 1 accrued revenue, e. 1 purchasing a vehicle in the beginning of January, f. 1 purchasing equipment in the beginning of January, 2. At the end of January, Prepare Trial Balance (10 points). 3. Record 8 adjusting entries (5 deferrals, 3 accruals) for previously recorded entries explained above and post these adjusting entries to the related Ledger accounts (25 points). 4. Prepare Adjusted Trial Balance (15 points), 5. Prepare Income Statement (15 points), 6. Prepare Retained Earnings Statement (10 points), 7. Prepare Balance Sheet (15 points).

Explanation:

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3 years ago

Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operat

Margarita [4]

Answer: Please find answers below

Explanation:

(a) Economic order quantity EOQ = $\sqrt{2 X Annual Demand X Ordering Cost) / Carrying Cost)}$

= $\sqrt{2 X 5,900 X 29 / 9 }$ = $\sqrt{38,022.222}$

= 194.99 units

(b) Average number of units = Economic order quantity / 2

= 194.99 / 2

= 97.496 units

= 5,900units / 194.99 units =30.26

(d) Optimal number of days between two orders = Number of working days / Optimal number of orders

= 250 days / 30.26

= 8.26

Total ordering cost = Cost per order X Number of orders

= $29 X 30.26

= $ 877.54

Total holding cost = Average inventory X carrying cost per unit

= 194.99 /2 X $9

= $877.455

(e) Annual cost of ordering and holding inventorY =Total ordering cost + Total carrying cost

= $ 877.54 + $877.455

= $ 1,754.995 ≈ $1,755

(f) Total annual inventory cost =Total ordering cost +Total holding cost + Actual cost of 5900 units at $102 per unit

= $ 877.54 + $877.455 + (5,900 x 102) = $1754.995 +601,800= $603,554.995≈$603,555

Total annual inventory cost =Total ordering cost +Total holding cost + Actual cost of 6000 units at $102 per unit

= $ 877.54 + $877.455 + (6000 x 102) = $1754.995 +612,000= $613,754.995≈$613,755

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4 years ago

Nicole knows her restaurant is understaffed today. She is hoping to get through the day without falling below her customers' ___

Goshia [24]

Answer:

Zone Of Tolerance.

Explanation:

In our daily meetings with our customers, it is very important to remember that customer behavior, wants, needs, expectations are very fluid, so they depend on an immediate context, and this applies here. It would be a mistake to think that customers have some consistent rule let’s say they’ll only wait 5 minutes, that they apply to every single interaction.

Also there are some desired, perfect point, but around that point is a zone of tolerance in which all values are acceptable. Also the larger that gap, the more likely the customer will be dissatisfied.

The chief strength of this is that it explains something the expectation models do not know why customers return to companies where the service is bad.

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4 years ago

Differentiate between cash-basis accounting and accrual-basis accounting. Why is accrual-basis accounting the preferred method f

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Answer:

Reason : To ensure constant flow of cash

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Accrual Basis of accounting records transactions when they meet definition and recognition criteria of Assets, Liabilities,Equity, Expense and Incomes.

This is different from cash-basis accounting which records transactions at the receipt or payment of cash.

Because of timing difference, the cash transactions (cash basis) can happen a late than the day of recognition of the elements (accrual basis).

Hence Revenue services demand that income tax be calculated on accrual basis to ensure a constant flow of cash whenever an entity transact.

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3 years ago

What kind of innovation is helping Ben save time?

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The answer to the first part of the question is Technological (A), and part 2 is Outweigh (B)

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4 years ago

Read 2 more answers

Major factors influencing economic growth​

Major factors influencing economic growth