Answer: The court must return the excess proceeds to Jim.
Explanation: The excess money left after a property is sold and the debt owe is paid off is termed surplus and it is usually given to the owner of the property sold.
Answer: The answers are given below
Explanation:
a. What is its percentage rate of return?
From the question, we are told that the firm is earning $5.50 on every $50 invested by its founders. The percentage of return will now be:
= $5.50/$50 × 100%
= 0.11 × 100%
= 11%
b. Is the firm earning an economic profit? If so, how large?
The economic profit will be the difference that exists between the percentage of return which is 11% and the normal rate of profit which is 5%. This will be:
= 11% - 5%
= 6%
The firm is earning economic profit of 6%.
c. Will this industry see entry or exit?
There will be entry into the industry. This is because the percentage of return which is 11% is greater than the normal rate of profit which is 5%.
d. What will be the rate of return earned by firms in this industry once the industry reaches long-run equilibrium?
The rate of return earned by firms in this industry once the industry reaches long-run equilibrium will be 5% which is the normal rate of profit in the economy.
Answer:
the economic order quantity is 313 units
Explanation:
The computation of the economic order quantity is shown below:
= sqrt( 2 ×annual demand × ordering cost) (carrying cost)
= sqrt(2 × 95,30 × $72) ÷ $14
= 313 units
hence, the economic order quantity is 313 units
The same should be considered and relevant
Because there is so much unpredictability in all supply chains, companies must use Supply Chain Management to make supply chain decisions.
<h3 /><h3>Supply Chain Management: What Is It?</h3>
- All procedures that convert raw materials into finished commodities are included in supply chain management, which controls the movement of both goods and services.
- Because all supply chains are inherently unpredictable, businesses must employ supply chain management to make decisions about their supply chains.
- Businesses can reduce unnecessary expenses and deliver goods to customers more quickly and effectively by using supply chain management.
- Creating a strategy, locating raw materials, production, distribution, and returns are the top five aspects of supply chain management.
Learn more about Supply Chain Management here:
brainly.com/question/14464030
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Explanation:
The social environment, social context, sociocultural context or milieu refers to the immediate physical and social setting in which people live or in which something happens or develops. It includes the culture that the individual was educated or lives in, and the people and institutions with whom they interact.
