Answer:
b.The staffing budget is based on a fixed human resources budget
Explanation:
- The staffing budget is the budget that outlines a money plan to be spent on the employees and consists of the largest investment to the organization.
- It acts as an outline plan for the service companies each staff member corresponds to the salary for the employee in the spreadsheet on a weekly, monthly, and yearly basis.
Answer:
See explanation section.
Explanation:
The correct journal to record this transaction is -
Cash Debit $40,000
Common stock Credit $40,000
Note: As Callie Taylor invests the amount in exchange for common stock, An asset (cash) will be increased, and equity (common stock) will be increased. An increase in asset means debit, while an increase in equity means credit.
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Answer:
c. marginal utility diminishes as more of a product is consumed.
Explanation:
The law of diminishing marginal utility states that when a person consumes more and more units, the marginal utility of extra units diminishes as additional units are obtained from the marginal utility.
Moreover, the graph of this diminished marginal utility that results in the consumer demand curve for a product goes downward sloping.
Answer:
1. Cash received from customers = $89,908
2. Cash paid to suppliers = $71,972
Explanation:
Amount in millions
Net sales $91,628
Less: Increase in accounts receivable $(1,720)
Cash received from customers $89,908
Amount in millions
Cost of Goods sold $69,148
Add: Increase in inventory $870
Add: Decrease in accounts payable $ 1,954
Cash paid to suppliers $ 71,972
