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aliina [53]
4 years ago
11

A group of athletic shoes in a shoe factory are partially completed but still lack their innersoles and shoestrings. these shoes

are classified as
Business
1 answer:
gogolik [260]4 years ago
5 0
<span>These would be work in-progress inventory. They are further along in production than the basic raw materials, but are not completed to the point where they could be put out for sale as finished goods. They are still requiring some work to get to this point.</span>
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Increasing ________ involves improving an organization's ability to respond to customers, stockholders, governments, employees,
lapo4ka [179]

Answer:

Increasing Returns on Investment helps business increase its capacity to to respond to customers, stockholders, governments, employees, and other stakeholders, which results in better-quality products, higher financial returns, and high quality of work life.

3 0
3 years ago
Panther Company's bookkeeper debited supplies expense for the cost of goods sold during that month. The bookkeeper discovered th
MakcuM [25]

Answer:

Cost of Goods Sold                                               Dr.

     To Supplies Expense

Explanation:

The journal entry for cost of goods sold should've been:

Cost of goods sold A/C                           Dr.

       To Purchases A/C

(Being cost of goods sold expense recorded)

The wrong entry passed has been:

Supplies expenses A/C                                           Dr.

      To Purchases A/C

The rectifying (correcting) journal entry should be:

Cost of Goods Sold A/c                                           Dr.

      To Supplies Expenses A/C

(Being rectification entry for cost of goods sold recorded)

Cost of goods sold is an expense and expenses should be debited.

At the same time, purchase being a nominal account, crediting it would reduce the purchases balance.

Supplies expense was wrongly debited so it has been credited to cancel out the effect.

7 0
3 years ago
An economy has an aggregate demand shortfall of $1200 billion and a GDP gap of $900 billion. The mpc is 2/3. The appropriate fis
Vadim26 [7]

Answer:

Change in government expenditure needed = 300

Explanation:

Multiplier 'k' = Change in Income / Change in Govt. expenditure =  dY / d GE = 1 / ( 1-MPC )

Desired change in Y, ie GDP = 900 billion , MPC = 2 / 3.

k = 1 / ( 1 - 2/3 ) = 1 / ( 1/3 ) = 3

3 = 900 / d GE

d GE = 900 / 3 = 300

Change in government expenditure = 300

5 0
3 years ago
Which of the following is the term used to describe costs which change day to day, week to week and month to month based on busi
sergij07 [2.7K]

Answer:

Variable costs

Explanation:

Variable costs is the term that describes business costs that vary with the production level. An increase in output increases the variable costs. Variable costs are progressive and increase or decrease with the production volume.

Examples of variable costs include raw material and distribution costs. Variable costs contrast with fixed costs, which remain constant throughout a financial period.

7 0
3 years ago
Jenny is shy and afraid to speak to other people. She avoids going out with her friends and colleagues and prefers to read a boo
jolli1 [7]

<u><em>(Please vote me Brainliest if this helped!)</em></u>

These emotions and behaviors that Jenny exhibits comprise her <u>personality</u>.

Also defined as the set of habitual behaviors, cognition and emotional patterns.

8 0
3 years ago
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