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Nataliya [291]
3 years ago
14

When a firm decides to use skilled professionals to produce its​ output, what question is the firm​ answering? When a firm decid

es to produce organic fruit rather than non dash organic fruit ​, what question is the firm​ answering? When we find out who gets the goods and services that are​ produced, what question is being​ answered?
Business
1 answer:
Stella [2.4K]3 years ago
7 0

Answer:

The correct answers are "How?"; "What?"; and "Who?" respectively.

Explanation:

To begin with, in the economics science there is a big importance that the professionals of the area give to answering the questions mentioned before. Those questions are: "What to produce?"; "How to produce it?" and "To who we produce it to?". And the importance in that resides in the fact that the economy itself as a whole and therefore the companies and small producers among them need to understand what are they going to produce for the economy, to who they will sell it to and how will the produce it.

In conclusion, when the firm decides to use skilled professionals to produce its output they are answering the question of "How?". When the firm decides to produce organic fruit rather than non dash organic fruit, then they are answering the question of "What?". And the when the firm finds out who gets the goods and services that are produced, they are answering the question of "Who?".  

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Purple Cab Company had 50,000 shares of common stock outstanding on January 1, 2018. On April 1, 2018, the company issued 20,000
Sloan [31]

Answer:

The basic earnings per share is $4.15

Explanation:

Earning Per Share : Earning Per share shows a ratio between net income and weighted average outstanding shares.

In mathematically,

Earning Per Share = Net income ÷ weighted average outstanding shares

where,

Net income = $269,915

And, On Jan 1, 2018 the share is 50,000 whereas on April, 2018 the shares is 20,000. But we have to calculated for the December period. From April to December there are 9 months.

So, April 2018 shares = 20,000 × 9 ÷ 12 months = 15,000 shares

Hence, total weighted average outstanding shares is  

= 50,000 +15,000

= 65,000 shares

Now, apply the above formula for computation

=  $269,915 ÷ 65,000 shares

= $4.15 per share

Thus,  the basic earnings per share is $4.15

5 0
2 years ago
State and city governments have promoted facilities where new businesses can open up shop and share common services such as secr
denis-greek [22]

Answer:

Incubators

Explanation:

In north american context the incubators refers to small places for business provided on low rent.

Basically in the given context, the space for new shops for businesses is given by state and city government, this clearly states that because of involvement of government the prices of such place would be really low as compare to private rental spaces.

This provides that because of this facility incubators will grow.

6 0
3 years ago
The buyer and seller of merchandise must agree on who is responsible for paying freight terms. Show your understanding of freigh
Bas_tet [7]

Answer:

c,d and e

Explanation:

The correct statements given in the options are as stated below:

(c)-Terms FOB shipping point means the buyer accepts ownership when the goods depart the seller's place of business.

<em>This is true because Free on Board shipping means that the seller bears no liability whatsoever once the goods are shipped.</em>

(d)-When the shipping costs are the responsibility of the buyer, then the Merchandise Inventory account is debited for the freight charges.

<em>This is true because Free on Board shipping means that the seller bears no liability whatsoever once the goods are shipped, hence the shipping costs are the buyers responsibility and will form part of the costs of the goods</em>

(e)-Revenue for the sale will be recorded after the goods reach their destination, if the goods are shipped FOB destination.

<em>This is true because Free on Board destination means that the seller bears all liability whatsoever till the goods are delivered, hence the revenue for the goods can only be recognized upon successful delivery</em>

7 0
3 years ago
Treasures, Inc. repurchased 1,000 shares of its $1 par value common stock for $100,000. The journal entry to record this transac
Anna007 [38]

The journal entry to record this transaction includes a debit will always be to cash.

What does common stock include?

Common stock is a security that represents ownership in a corporation. In a liquidation, common stockholders receive whatever assets remain after creditors, bondholders, and preferred stockholders are paid. There are different varieties of stocks traded in the market.

What does common stock mean in a balance sheet?

Common stocks are the number of shares of a company and are found on the balance sheet. Common Stockholders are the company's owners; they have voting rights and earn dividends. They can either be company promoters, insiders, or outside investors.

How is treasury stock reported in the financial statements?

Under the cost method of recording treasury stock, the cost of treasury stock is reported at the end of the Stockholders' Equity section of the balance sheet. Treasury stock will be a deduction from the amounts in Stockholders' Equity.

What is the journal entry for treasury stock?

when shares are acquired, the Treasury Stock account is debited and the cash account is credited. When the shares are reissued, cash is debited for the proceeds and Treasury Stock is credited for the amount paid out originally.

Learn more about journal entry :

brainly.com/question/14279491

#SPJ4

7 0
2 years ago
Taking into account recent technological developments what technical advances do you think are possible in the next twenty years
9966 [12]

Answer:

1. Automation and robotics

2. Hyperloop and autonomous vehicles

3. Smart drones

4. Virtual reality learning

5. Space vacation (tourism)

Explanation:

1. Automation and robotics: This will continue to transform the manufacturing sector in various ways with use of Internet of Things (IoT), learning though data collection and analysis, there will be a general increase in robotic integration.

2. Hyperloop and autonomous vehicles: pneumatic tube that uses a series of linear induction motors and compressors to propel vehicles at super fast speeds. Hyperloop’s technology will be the future of long distance travel in the world. Also, autonomous vehicle technology will become a safer alternative to human driving.

3. Smart drones: The use of drones for delivering parcels, Medicine, Pizza, and all types of goods is receiving large investment from Google, Amazon, Walmart and so on. Drones will be the future of delivering items in future.

4. Virtual reality classrooms and meetings: This is a technological advancement that will provide an engaging and immersive experience in learning and other virtual meetups without leaving ones current environment.

5. Space vacation (tourism): This will give opportunity to the members of the public to buy tickets(return tickets) to travel to the space and probably stay for a given period. With the help of companies like Spacex, Orbital Technologies etc, space tourism is becoming a realistic target.

5 0
3 years ago
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