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saw5 [17]
2 years ago
8

Why do we practice making associations with simple and mundane problems and resources? Select all that apply.

Business
1 answer:
Artyom0805 [142]2 years ago
4 0

Answer:

E.  They are problems and resources that most people have experience with or can relate to.

Explanation:

  • Such problems and resources are most commonly found in day to day lives. People can easily relate to them as they are simple and common in the workplace.
  • They are associated with the resources of particular problems. This making them a subject of practice it becomes easy to use them for teaching and other purposes. Such as enlightenment and giving advice.
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What does the phrase "hearing the voice of the consumer" mean?
otez555 [7]

A. Companies have the information they need to effectively satisfy wants and needs in the marketplace.

Basically, "hearing the voice of the consumer" means taking the information that they have about what people want and actually putting the preferences of the consumer first.

4 0
3 years ago
True or False: Theoretically, a country in which price inflation is very high should expect to see its currency depreciate again
sveticcg [70]

Answer: <u>The correct answer is TRUE.</u>

Explanation:  

Inflation: sustained and widespread increase in the price level. This means that inflation reflects the loss of the purchasing power of the currency. Therefore the currency is devalued against that of the countries in which the inflation rate is lower or zero.

6 0
2 years ago
Outdoor Adventure Industries is a U.S.-based manufacturer of sporting goods. It has recently decided to make a major push to sel
Stells [14]

Answer:

a) become certified in ISO 9000 standards

Explanation:

Currently, the European Union requires companies that have businesses within their borders, to comply with ISO 9000 quality standards

4 0
2 years ago
Betram Chemicals Company processes a number of chemical compounds used in producing industrial cleaning products. One compound i
Dmitry [639]

Answer:

Betram Chemicals Company

1. Relevant benefits and costs for each alternative:

                             Sale at split-off         Sale after

                                                       further processing

Revenue                   $129,420            $238,620

Joint Costs                   73,000                 73,000

Cost for further processing -                   42,000

Gross profit               $56,420             $123,620

Additional profit         $0                       $67,200

2. Further processing of Anderine is more cost-effective by $67,200.

3. Further processing of Anderine is still better by $60,760.

Explanation:

a) Data and Calculations:

                                   Anderine     Dofinol      Cermine   Total Costs

Gallons                         5,600          7,600       $73,000     $73,000

Selling price per gal.  $13.00          $7.45

Sales revenue           $72,800     $56,620                        $129,420

Gross profit                                                                          $56,420

Further processing                                         $42,000

Total costs of production                              $115,000      $115,000

Output                      (5,600)            7,600         2,800

Selling price per gallon                    $7.45         $65

Sales revenue                              $56,620     $182,000 $238,620

Gross profit                                                                        $123,620

Profit from further processing:

Gross profit with further processing  $123,620

Gross profit before further processing 56,420

Additional profit                                   $67,200

1. Relevant benefits and costs for each alternative:

                             Sale at split-off         Sale after

                                                       further processing

Revenue                   $129,420            $238,620

Joint Costs                   73,000                 73,000

Cost for further processing -                   42,000

Gross profit               $56,420             $123,620

Additional profit         $0                       $67,200 ($123,620 - $56,420)

What if:

Purchasing order cost (5,600/500 * 20 * $10) = $2,240

Quality inspection cost (5,600/500 * 15 * $25) = $4,200

Additional costs = $6,440

Reduced additional profit = $60,760 ($67,200 - $6,440)

4 0
2 years ago
Lense Laboratories' net income was $260,000. Given the account information below, what is the net cash flows from operating acti
Feliz [49]

Answer:

The question is incomplete, below is the completed question:

Lense Laboratories' net income was $250,000. Given the account information below, what is the net operating cash flows for Lense Laboratories?

Increase In Accounts Receivable...$60,000

Increase In Salaries Payable...$50,000

Decrease In Inventory...$30,000

Depreciation Expense...$45,000

Increase In Prepaid Insurance...$3,000

a. $152,000.

b. $278,000.

c. $312,000.

d. $438,000.

The correct answer is:

$312,000 (c.)

Explanation:

operating cash flow is the number of cash generated by a business' regular operating activities within a specific time period.

The formula for net operating cash flow is as follows:

Operating cash flow = Net income + Non-cash expenses - increase in working capital

Net income = $250,000

Non-cash expenses = increase in salary payable + decrease in inventory + depreciation in expenses

Non-cash expenses = 50,000 + 30,000 + 45,000 = $125,000

increase in working capital = increase in accounts receivable + increase in prepaid insurance

increase in working capital = 60,000 + 3,000

increase in working capital = $63,000

∴ Operating cash flow = 250,000 + 125,000 - 63,000 = $312,000

Cash flow from activities = $312,000

8 0
3 years ago
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