I think the correct answer from the choices listed above is the first option. All sources of income are known as gross income. It is an <span>individual's total personal </span>income<span>, before accounting for taxes or deductions. Hope this answers the question. Have a nice day.</span>
Answer:
Net purchases:
= Purchases - Purchase Returns and Allowances - Purchase Discount
= 500,000 - 14,000 - 9,000
= $477,000
Cost of goods sold:
= Net purchase + Freight-in
= 477,000 + 15,000
= $492,000
Answer:
b. Demand is unit elastic, and a decrease in price causes an increase in revenue
Explanation:
According tothe revenue theory in economics
when the demand is inelastic the relationship within price and total revenue is direct. either both increases or decreases
when the demand is elastin this relationship is inverve, teh increase in price generates a decrease in total revenue
while their decrease an increase.
But, if the demand is unit elastic then, there is no variation at all
According to this theory, option B is impossible.
Answer:
≈ 25%
Explanation:
Given data:
Cpk = 0.22
Determine The percentage of production that falls beyond the specification limit ( assuming normal distribution )
first calculate the value of Z ;
Cpk = Z /3
hence Z = Cpk * 3 = 0.22 * 3 = 0.66
The percentage of the production can be determined by
( 1 - value obtained from the standard normal table for the value of Z =0.66 )
1 - 0.7454 = 0.2546 ≈ 25%
Answer:
Organizing
Explanation:
Organizing is the most important role in any organization as it defines that the work is distributed among employees so that the target can be achieved timely. Also during the organizing process the supervisor coordinates with their employees.
Therefore the correct answer is organizing as it includes the task which has been created and authority relationship.
