Answer:
D. the market will fail Explanation: The output at maximum level will eventually reduce demand because the product will be over in circulation which attract a deducting in its price and demand too.
Answer:
b) false
Explanation:
This statement is false, because Fayol's management principles were an administrative methodology that provided for observing the facts of an organization and the experiment, being therefore principles that are unable to provide an accurate description of what managers do in the job.
Its management principles consist of: Division of Labor, authority, discipline, management unit, control unit, Subordination of individual interests to the common good, remuneration, centrality, hierarchy, order, equity, stability, initiative and team spirit.
He believed that this set of principles would lead to more effective management where the company would achieve greater efficiency through structural organization and the control and monitoring of functions.
A 710 credit score is considered good. People with this credit score are likely to be approved for credit cards and loans with average interest rates and terms.
Answer:
Whispering Winds Gross profit is $402,100
Explanation:
Multi step income statement differentiate the the operating revenue and expenses from non operating revenue and expenses. It shows the gross profit, operating profit and net profit separately.
Whispering Winds Corp.
Income statement for the year 2019
Net sales $973,000
Less: Cost of goods sold <u>$570,900</u>
Gross Profit $402,100
Less:Operating expenses <u>$220,300</u>
Operating Profit $181,800
Less: Interest expense <u>$14,600 </u>
Profit before Tax $167,200
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