The ______________card can be used anywhere.

If nominal GDP rises we can say that A. production has risen or prices have risen or both have risen. B. prices have risen and p

Svet_ta [14]

Answer:

All the options are possible:

A. production has risen or prices have risen or both have risen.
B. prices have risen and production remains constant.
C. production has risen and prices remain constant.
D. production has fallen and prices have risen.

Explanation:

Nominal gross domestic product (GDP) represents the market value of all the new and legal goods and services produced within a country during a given period of time (generally a year). Since it is not adjusted to inflation (real GDP is), an increase in nominal GDP may result from higher inflation or higher production, or a combination of both. Only if adjusted to inflation (real GDP) we can know if the increase resulted from higher production.

4 0

3 years ago

Susan is having a bakery in the heart of the city and supplies special type of cheese cookies to all the retail outlets based on

ahrayia [7]

Answer:

The optimal stocking level is 243 boxes

Explanation:

In order to calculate the optimal stocking level we would have to calculate the following formula:

optimal stocking level=mean+(Z* standard deviation)

According to the given data we have the following:

mean=250 boxes per day

standard deviation=22 boxes

To calculate the z value we would have to calculate the service level as follows:

service level=shortage/(shortage+overage)

service level=3/(3+5)

service level=0.38

Hence, z value is -0.31

Therefore, optimal stocking level=250 + (-0.31 * 22)

optimal stocking level=243 boxes

The optimal stocking level is 243 boxes

5 0

3 years ago

When a service ranks low on the dimensions of customer contact, labor intensity, and customization, the service providers need t

Elenna [48]

Answer:

The correct answer is d. physical facilities and procedures .

Explanation:

The decisions that lead to the definition of the productive facilities of a company are planning decisions, that is, with a long-term horizon, since the objectives to be achieved are basically the definition of the investments to be made, and the foreseeable costs to incur, which will condition us, to some extent, such investments.

For this, it is necessary to have the most complete information (field work), not only of the market to which we intend to supply, but also, and in particular, of those data that can directly influence the design of our facilities and exploitation processes, such as:

Technologies and processes used in this type of business
Level of the qualities demanded by the market
Raw material suppliers and their degree of concentration (associations)
Product distribution channels
Regulations and regulations in this type of activity, and particularly those related to Workplace Safety.

The methodology to be followed for the design of the facilities is set out in the following table, and constitutes the set of tasks that must be performed before the start-up of a business.

5 0

3 years ago

Reineke Company's chart of accounts includes the following selected accounts.

Bogdan [553]

Answer:

Reineke Company

Journal Entries:

Oct. 1 Debit 120 Inventory $310

Credit 101 Cash $310

To record the purchase of merchandise via check no. 63

Oct. 3 Debit 157 Equipment, $840

Credit 101 Cash $840

To record the purchase of equipment via check no. 64

Oct. 5 Debit 201 Accounts payable (Uggla Company) $2,500

Credit Cash $2,450

Credit Cash Discounts $50

To record payment on account, less 2% discount, check no. 65

Oct. 10 Debit 120 Inventory $2,270

Credit 101 Cash $2,270

To record the purchase of inventory via check no. 66.

Oct. 15 Debit 201 Accounts payable (Rosenthal Co.) $1,770

Credit 101 Cash $1,770

To record the payment on account by check no. 67.

Oct. 16 Debit 306 Owner's Drawings $450

Credit 101 Cash $450

To record C. Sheridan's payment for his personal insurance premium of $450, check no. 68.

Oct. 19 Debit 201 Accounts payable (Orr Co.) $2,200

Credit 101 Cash $2,156

Credit Cash Discounts $44

To record full payment for invoice no. 610, less 2% cash discount, using check no. 69.

Oct. 29 Debit 201 Accounts payable (Clevenger Company) $2,580

Credit 101 Cash $2,580

To record full payment for invoice no. 264, by check no. 70.

Explanation:

a) Data and Calculations:

Chart of Accounts:

101 Cash

120 Inventory

130 Prepaid insurance

157 Equipment

201 Account payable

306 Owner's drawings

505 Cost of Goods sold

Accounts Payable balances:

Uggla Company $2,500

Orr Co. $2,510

Rosenthal Co. $1,770

Clevenger Company $3,750

Transactions Analysis:

Oct. 1 120 Inventory $310 101 Cash $310 check no. 63

Oct. 3 157 Equipment, $840 101 Cash $840 check no. 64

Oct. 5 201 Accounts payable (Uggla Company) $2,500 101 Cash $2,450 Cash Discounts $50, less 2% discount, check no. 65

Oct. 10 120 Inventory $2,270 101 Cash $2,270 check no. 66, $2,270.

Oct. 15 201 Accounts payable (Rosenthal Co.) $1,770 101 Cash $1,770, check no. 67.

Oct. 16 306 Owner's Drawings $450 101 Cash $450 for his personal insurance premium of $450, check no. 68.

Oct. 19 201 Accounts payable (Orr Co.) $2,200 101 Cash $2,156 Cash Discounts $44 for invoice no. 610, $2,200 less 2% cash discount, check no. 69, $2,156.00.

Oct. 29 201 Accounts payable (Clevenger Company) $2,580 101 Cash $2,580 for invoice no. 264, $2,580, check no. 70.

6 0

3 years ago

Two years ago, the de Castellane Manufacturing Company included its employees in a profit-sharing plan in which workers receive

lina2011 [118]

Answer:

The correct answer is operant conditioning.

Explanation:

Operative conditioning is a form of incentive, whereby a group of individuals are more likely to repeat forms of behavior that carry positive consequences and less likely to repeat those that carry negative consequences. In this case, by involving the company's employees in productivity gains, the positive behavior that leads to this happening is rewarded.

Have a nice day!

5 0

4 years ago