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solmaris [256]
3 years ago
10

Profit on sale of fixed assets is used to creat

Business
1 answer:
Nadya [2.5K]3 years ago
4 0

Answer:

profit and loss account

Explanation:

The turnover ratio of total working capital shows the success of working capital management. It is in fact a ratio that expresses how many times on average, during one year, working capital was used to pay the total expenses of the company.

A combination of data from the balance sheet and income statement is obtained, more specifically, it is the ratio of total business spread and average working capital of the company

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How do you Get a grant ?​
Y_Kistochka [10]

Answer:

Use the federal government's free, official website, Grants.gov rather than commercial sites that may charge a fee for grant information or application forms. Grants.gov centralizes information from more than 1,000 government grant programs to help states and organizations find and apply for grants

Explanation:

5 0
4 years ago
The following data relate to the direct materials cost for the production of 2,200 automobile tires:
vivado [14]

Answer:

A) - $2585  

    $1750

    -$835

B) Purchasing department , Purchasing supervisor , purchasing department

Explanation:

A) calculations for direct material price variance , quantity variance and total direct materials cost variance

<u><em>Direct material price variance</em></u> = 51,700 * ( 1.7 - 1.75 ) = -$2585.

<u><em>Direct material Quantity variance </em></u>= 1.75 ( 51700 - 50700 ) = $1750  

<u><em>Total direct materials Cost variance</em></u> = 87890 - 88725 = - $835  a

B)

The direct materials price variance should normally be reported to the Purchasing department.

When lower amounts of direct materials are used because of production efficiencies, the variance would be reported to the production supervisor

When the favorable use of raw materials is caused by the purchase of higher-quality raw materials, the variance should be reported to the Purchasing department

5 0
3 years ago
Jim lost his job in a car assembly factory to a robot and his skills will no longer be needed. Which terms can be used to descri
elena-14-01-66 [18.8K]

Answer: Structurally unemployed

              Unemployed

Unemployment refers to a situation of not having a job currently, but actively looking for a job.

Since Jim doesn't have a  job currently, we can say that he is unemployed.

Structural unemployment occurs when people lose their jobs with the advent and introduction of new technologies and procedures that render their skills irrelevant and outdated.

Since Jim lost his job to a robot in a car assembly line, we can say that he is structurally unemployed.              

4 0
3 years ago
Read 2 more answers
Sean works in the human resource department of a well-known and highly respected maker of athletic equipment. He suggests that t
tester [92]

Answer: b. The company will be flooded with applications from individuals who are barely qualified.

Explanation:

By putting job advertisements on popular websites which are full of people looking for jobs, the company will attract people who are underqualified but apply anyway on the off chance that they are called for an interview. The company will incur costs sifting through the applications to find suitable candidates.

This will be a waste of the company's resources as those resources could have been directed at getting prospective employees that would be a better fit with the company and have the relevant qualifications. This could have been done by going to a recruiting agency for instance.

7 0
3 years ago
Economist and politicians argue that few policies regarding trade restriction can help to create domestic job, increase GDP and
Gemiola [76]

Trade Protectionism helps to create domestic jobs, increase GDP and make a domestic economy more competitive globally.

<h3>What is trade protectionism?</h3>

Trade protectionism is described as when a country, or occasionally a collection of countries working together as a trade bloc, erects commerce barriers with the express purpose of defending its economy from potential risks associated with global trade.

Strategies that can be used for this purpose are:

  • Tariffs, which are taxes on imports from other nations and international markets, are one tactic that can be employed for this aim. Here, the government is enforcing the tariff in an effort to limit the importation of products and services from abroad, safeguard its own industries and businesses that produce these things, and increase tax revenues.
  • Quotas are specific limitations on the volume of a given class of goods, commodities, and products that may be allowed to be imported into a country. A particular group of people or businesses are typically granted import licenses in order to comply with this import quota.
  • subsidies: Government payments to domestic producers are known as subsidies. This can take the form of monetary compensation, loans with low or no interest, tax deductions, or government ownership of common stock in domestic corporations.
  • A country may impose local content requirements by establishing a manufacturing standard requiring that a specified part or parts of a product be manufactured domestically in an effort to reduce imports.
  • Administrative trade policies are composed of laws, rules, and regulations that are intended to make it extremely difficult for someone to import goods or commodities into a specific country.
  • Antidumping laws are put in place by a country to stop products from being sold in foreign markets for significantly less than their manufacturing costs in an effort to capture a sizable portion of that market.
  • By reducing the value of a country's currency in the foreign exchange markets, exchange rate controls can be used to lower the price of a country's exports.

To know more about Trade Protectionism refer to: brainly.com/question/27622280

#SPJ10

3 0
2 years ago
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