Answer: Primary activities of reporting entity.
Explanation: Operational income is money gotten from sales of products that are the main product a company produces. Such as regular sales of commodities produced.
Non-operational income is money earned by a firm from seasonal sales, or sales made once in a while.
The difference between both of them is activity involved whether it is regular or occasional in nature.
Answer:
Explanation:
$50; $65
7h:10h
Elasticity of labor supply:
(10-7)/(65-50) * (50+65)/(7+10) = 3/15 * 115/17 =1.35
So elasticity of labor supply is 1.35, elastic
Answer: C- They often lead to stronger organizational commitment.
Explanation: Team Norm are guidelines that guides team members in achieving organisational commitments which includes but not limited to profit maximisation.
When a team norm is well organised, it leads to teams goals of being more committed to the success of the organisation.
<u>Calculation of amount of annuity:</u>
It is given that Steve Madison needs $250,000 in 10 years. And we are asked to find how much must he invest at the end of each year, at 5% interest. That means we are asked to find the annuity amount, which can be calculated as follows:
Annuity = Future value / Future value of $1 Annuity
Future value is $250,000
And Future value of $1 Annuity (5%, 10 years using the Present value table) is 12.57789
Hence, the Annuity = 250,000 / 12.57789 = 19,876.15
Hence Steve Madison should invest <u>$19,876.15</u> each year.
Answer:
After each purchase
Explanation:
perpetual inventory system can be regarded as a kind of inventory management that utilize technology in the documentation of real-time transactions whenever stock is received or sold, this method is reliable and the efficiency is high compare to
periodic inventory system. It should be noted that When using a perpetual inventory system and the weighted-average inventory costing method, a new weighted-average cost per unit is computed after each purchase. perpetual inventory system can be use by gocesory stores.