Answer:
an improvement in the education level of the work force of a nation
Explanation:
The production possibility curve is a curve that shows the various quantities of two goods an economy can produce at a given level of technology and amount of labour force.
Factors that leads to an outward shift of the production possibility curve;
1. Increase in labour force
2. Increase in education level of the Labour force
3. Technological advancement
Shifting resources from the production of one good to the production of another leads to a movement along the production possibility curve.
I hope my answer helps you
Answer:
The amount of cash inflow from customers that would appear in the operating section of the statement of cash flows is $26400.
Explanation:
Cash flow from customers = Account receivable, beginning + Credit sales - Account receivable, ending
= 2,100 + 6,500 - 1,100
= $26400
Therefore, The amount of cash inflow from customers that would appear in the operating section of the statement of cash flows is $26400.
Answer:
Option A an early lunch is your answer ☺️☺️
Answer: Credit to manufacturing overhead of $67000.
Explanation:
The journal entry to record the application of Manufacturing Overhead to Work in Process would be:
Debit Work in Progress $67000
Credit Manufacturing overhead $67000.
( To record the application of manufacturing overhead to work in process).
Answer:
Please below.
Explanation:
a. Current ratio = Current asset / Current liabilities
Current asset = $33,873
Current liabilities = $42,015
Current ratio = $33,873 / $42,015
= 0.81
2. Quick ratio = Quick assets / Current liabilities
Where quick assets = Equity cash and marketable securities + prepaid expenses and other receivables
= $13,859 + $2,747
= $16,606
Current liabilities = $42,015
Quick ratio = $16,606 / $42,015
= 0.40