Answer:
The Contingency theory is the idea that the organizational structures and control systems that are chosen by managers depend on characteristics of the external environment in which the organization operates.
Explanation:
The contingency theory manifest that each and every single organisation is different, it operates and works in different situations, environment and scenarios, every organisation has different set of rules, values and culture, every organisation has different kinds of product portfolios, therefore, it needs different set of management style, organisational structure and control system. For example, the basic logic of contingency theory is that the strategies which worked very well for the Coke may not work well for Pepsi, Pizza Hut cant follow the exact strategies, control systems and organisational structure which is being followed by Domino's, therefore, each and every organisational rules, strategies are contextual.
Answer:
$80,000
Explanation:
Missing word <em>"and has average variable costs of $100"</em>
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Note: AVC = Average variable cost, TVC = total variable cost
AVC = TVC / Output
$100 = TVC/800 units
TVC = $100*800 units
TVC = $80,000
So, the firm's total variable costs are $80,000.
Answer:
Results are below.
Explanation:
<u>Giving the following information:</u>
Selling and administrative expense $90,000
Depreciation expense 75,000
Sales 621,000
Interest expense 46,000
Cost of goods sold 231,000
Taxes 50,000
<u>With the information listed above, we need to make an income statement following the structure below:</u>
<u></u>
Sales= 621,000
COGS= (231,000)
Gross profit= 390,000
Selling and administrative expense= (90,000)
Depreciation expense= (75,000)
Interest expense= (46,000)
Eearning before taxes (EBT)= 179,000
Taxes= (50,000)
Net operating income= 129,000
Martin is likely to see credits and debits appear on the closing statement. since he is looking at his Closing Disclosure.
<h3>What is closing disclosure?</h3>
Closing disclosure is a document which gives full information about loan taken by an individual or institution.
In other words, closing disclosure provides final details about the mortgage loan you have selected.
Contents of closing disclosure are:
- Loan fees
- Interest rate
- Purchase price
- Projected payment
Learn more about closing disclosures here: brainly.com/question/4375643
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<span>In this case, Sara will see the ramen as a good that is more elastic in demand than will Sean. This will mean that, as income drops for Sara, she will purchase less of the good than will Sean. Sean will end up purchasing less of the good if he has an increase in income.</span>
