Answer:only counting final goods
Explanation:
Answer:
Explanation:
1. Fixed Costs = 160,000
Pretax income = 164,000
Total contribution desired = 324,000 [160,000+164,000]
CM Ratio = 0.25
Sales = 324,000/0.25 = 1,296,000
2. Variable costs = Sales - Fixed costs - Pretax income = 1,296,000 - 160,000 - 164,000 = 972,000
So Total Sales amount to $1,296,000 and Variable cost is $972,000
Answer:
Options includes the followings: Relevance, Faithful representation, Predictive value, Confirmatory value, Comparability, Completeness, Neutrality, Timeliness.
a. Quality of information that permits users to identify similarities in and differences between two sets of economic phenomena. select a qualitative characteristic.
Qualitative characteristics: Comparability
b. Having information available to users before it loses its capacity to influence decisions.
Qualitative characteristics: Timeliness
c. Information about an economic phenomenon that has value as an input to the processes used by capital providers to form their own expectations about the future.
Qualitative characteristics: Predictive Value
d. Information that is capable of making a difference in the decisions of users in their capacity as capital providers.
Qualitative characteristics: Relevance
e. Absence of bias intended to attain a predetermined result or to induce a particular behavior.
Qualitative characteristics: Neutrality
I'll think it's better if you search it up on google it will probably give you more information
Answer:
The options are given below
a. socialism.
b. social capitalism.
c. democratic socialism.
d. capitalism.
The correct option is C. democratic socialism.
Explanation:
Democratic socialism refers to a political idea that supports political democracy within an economy that is socially owned. In this philosophy, emphasis in placed on workers' self-management and the democratic control of economic institutions within a market socialist economy or some form of a planned socialist economy in which power is decentralized.
Democratic socialists believe that both the economy and society should be run democratically, in order to meet the needs of the general public, and not to make profits for a selected few.
In Democratic Socialism, the aim is not to create an all-powerful government bureaucracy, the belief is that, social and economic decisions should be made by those whom they most affect.