Answer:
Purchases= $330,000
Explanation:
Giving the following information:
Sales:
August $540,000
September $580,000
Abet's cost of goods sold is 60% of sales dollars.
Abet wants a merchandise inventory balance equal to 25% of the following month's expected cost of goods sold.
<u>To calculate the purchases for August, we need to use the following formula:</u>
Purchases= sales + desired ending inventory - beginning inventory
Purchases= (540,000*0.6) + (580,000*0.6)*0.25 - (540,000*0.6)*0.25
Purchases= 324,000 + 87,000 - 81,000
Purchases= $330,000
Answer:
240,000,000
Explanation:
Each year you would need to invest 240,000,000 into the saving account over a period of five years to get to the desired amount. If they are only putting in 12%of the retirement funds that would 14,400,000 and that would take about 8 years.
Answer: No loss, no gain
Explanation:
When an employer changes group plan to another insurer, all employees under the previous coverage would be eligible to gain under the new plan without any delay for probation.
Answer:
F. Both firms have a dominant strategy to pick the Low Price option
Explanation:
In the given case as we can see that in the yellow form there is always a greater payoff by having a lesser price so it can be said that it set a less price
Now for the blue firm it also select the lesser price
So here the nash equilibrium would be
= (Low price, low price)
= (26,20)
The first payoff would be considered as a yellow firm and the other one is blue one
Therefore the last option is correct
Answer:
human capital
Explanation:
Human capital is the economic value brought by workers' experience and skills. It is the attributes, abilities, and quality of labor to influence a firm's productivity. Human capital is enhanced through education, training, and work experiences.
Human capital is an intangible asset to a business. Human capital is a critical element if a business is to achieve its goals. Due to this reason, companies are always investing in improving the quality of their human capital.
