Answer:
C. A giant mixing container costs twice as much to operate as a small one but can mix 6 times as much dough daily
Explanation:
Economies of scale refers to a state when increase in the output results out of lower average costs. The operation of such a phase results out of, the total cost getting spread over large number of units of production in the long run.
Economies of scale results when the operations of a business expand due to which a firm can buy in bulk, avail more discounts and concessions from the seller for inputs and the efficiency of the labor rises.
In the given case, if the bakery decides to purchase a giant mixing container, it might lead to economies of scale given the fact, with respect to costs, the revenues shall rise more.
Since the giant mixer is capable of mixing six times as much dough daily, it would lead to a reduction in the average cost accompanied by an increase in the output and thereby lead to economies of scale.
Developmentalists contend that because biological, cognitive, and socioemotional elements interact with one another, life-span development is multidimensional.
PERIOD DEVELOPMENT
Lifespan development is the process of growth throughout a person's life, from conception to death. Understanding all of the psychological, social, and cognitive changes that people go through requires a broad perspective. Since people adhere to a wide range of cultural traditions and ideals, this field of study is both broad and diverse.
What is multidimensional development?
The term "multidimensional development" recognizes the complexity of human development. Instead, the term "human development" is inclusive and covers a large range of potential components, such as:
Social advancement
Healthcare\
Education
societal cohesion (societies work together)
economic growth
Income
To learn more about multidimensional
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Answer:
1. 0.07161
2. 2.43
3. 0.02932
Explanation:
1. The computation of the return on total assets is shown below:
Return on assets = (Net income) ÷ (average of total assets)
where,
Net income is $355
Average total assets = (Beginning total assets + ending total assets) ÷ 2
= ($4,090 + $5,825) ÷ 2
= $4,957.50
Now put these values to the above formula
So, the ratio would equal to
= $355 ÷ $4,957.50
= 0.07161
2. The computation of the assets turnover is shown below:
Total asset turnover = (Net Sales ÷ average of total assets)
= ($12,105 ÷ $4,957.50)
= 2.43
3. The computation of the profit margin is shown below:
= (Net earnings ÷ net sales) × 100
= ($355 ÷ $12,105) × 100
= 0.02932
Answer:
$27,400
Explanation:
The amount of cash at the end of the period is calculated as;
Cash provided by operating activities
$18,200
Cash used by investing activities
($6,700)
Cash used by financing activities
($1,200)
Net increase (decrease) in cash balance
(a) $10,300
Cash at the beginning of the year
(b) $17,100
Cash at the end of the year
c = (a) + (b) = $27,400
Answer:A -To provide comparable information of all international companies for creditors and investors
Explanation: GAAP- Generally Accepted Accounting Principles are basis by which the books of any organisation is prepared and presented in the financial statement.
GAAP aims to unify the process of Financial accounting all around the world. It aids clarity, consistency and interpretation of financial information.
GAAP is adopted all around the world in the preparation of financial information
It is adopted by the US Securities and exchange commission.