If we say that an American has 5 days to his full-time job, and state to have 9 hours per working days, multiply it by probably 20 working days in a month. The product is 180 and multiplies it by 12 that refers to 12 months in a year and the product is 2,160. This product will be multiplied by 45 years of the course. So the amount of time that Americans will spend at their full-time jobs is 97, 200 hours.
Answer:
$16,950
Explanation:
The computation of the shrinkage that occurred during the month is shown below:
Balance inventory = Beginning Inventory + Inventory purchased - Inventory sold
= $526,000+ $59,200 - $40,250
= $544,950
Now the shrinkage inventory is
= Balance inventory - Physical count of inventory shows
= $544,950 - $528,000
= $16,950
Answer:
Implicit cost
Explanation:
The rental income Jacques could receive if he chose to rent out his showroom instead of using the showroom for the operation of his guitar business will be classified as an<em> Implicit cost .</em>
<em>An implicit cost in business is a cost that results from the lost opportunity of not using a company's/business own resources excluding cash resources</em>. they are also seen as economic gain/profits sacrificed for not using the company's resources.
Jacques could use the showroom but when he decides to rent it out it becomes an implicit cost even though the rent generates revenue for him.
Answer:
The correct word for the blank space is: states.
Explanation:
Italian economist Vilfredo Pareto (<em>1848-1923</em>) proposed the 80/20 rule in which he explains 80% of the effects of anything are the result of 20% of the causes of something. When applied to the sales world, it implies 80% of an individual sales come from only 20% of the individual's customers.
