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Pavlova-9 [17]
2 years ago
11

How would an economy with low unemployment be affected by an increase in individual households incomes?

Business
1 answer:
expeople1 [14]2 years ago
4 0

Answer:

Because not many members of a household may bring in enough money to sustain them all.

Explanation:

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A manufacturing company producing medical devices reported $59 million in sales over the last year. At the end of the same year,
kaheart [24]

Answer:

The inventory TO is 3.6875

Explanation:

\frac{Sales}{Average Inventory} = $Inventory Turnover

​where:

$$Average Inventory=(Beginning Inventory + Ending Inventory)/2

Considering there is not sufficient information to calculate the begining inventory <u>we are going to work only with the ending inventory </u>so:

\frac{59,000,000}{16,000,000} = 3.6875

The inventory TO is 3.6875 This means the company sales their inventory almost 4 times per year.

4 0
3 years ago
The monitoring step of the mission and vision statements development process is analogous to which step of the principles of man
jeyben [28]

Answer: The "Controlling" step of the management framework.

Explanation: Management principles have been categorised into 4 main functions namely: planning, organising, leading and controlling. In short this is known as the P-O-L-C framework. The aim of this framework is to act as a guide used to assist management in addressing challenges faced by the organisation.

In the monitoring step of the mission and vision statements development is analogous (related) to the controlling element of the framework. In this step, key milestones are identified and recognised over time. Using these milestones, progress is monitored and measured against the objectives of the organisation. Audit can be an important tool used during this step of the process, to confirm whether milestones are effectively monitored.

3 0
3 years ago
The first step in finding a job is locating job leads. Please select the best answer from the choices provided T F
Dominik [7]

true the first step is locating job leads


4 0
3 years ago
Read 2 more answers
Universal Mines Inc. operates three mines in West Virginia. The ore from each mine is separated into two grades before it is shi
xxMikexx [17]

Answer:

this is a cost minimization problem, but it is missing some numbers, so I looked for similar questions (see attached PDF):

minimization equation = 20x₁ + 22x₂ + 18x₃ (costs per ton)

where:

x₁ = mine I

x₂ = mine II

x₃ = mine III

the constraints are:

4x₁ + 6x₂ + x₃ ≥ 54 (high grade ore)

4x₁ + 4x₂ + 6x₃ ≥ 65 (low grade ore)

x₁, x₂, x₃ ≤ 7 (only 7 days per week)  

using solver, the optimal solution is

2x₁, 7x₂, and 5x₃

a. The number of days Mine I should operate = <u>2 days </u>

b. The number of days Mine Il should operate = <u>7 days </u>

c. The number of days Mine III should operate = <u>5 days </u>

d. The total cost of the operation for next week = <u>$284,000</u>

Download pdf
4 0
3 years ago
A company is preparing its cash budget. Its cash balance on January 1 is $290,000 and it has a minimum cash requirement of $340,
adoni [48]

Answer:

$26,700 excess

Explanation:

The amount of deficiency or excess can be determined only when the ending cash balance is known. The ending cash balance is the addition of the net movement in cash to the opening cash balance.

The net movement is the difference between the total receipts and the total payments or disbursement.

Total receipts for January

= $1,061,200

Total payments

= $984,500

Net movement = $1,061,200   - $984,500  

= $76,700

Ending balance = $290,000 + $76,700

= $366,700

If the minimum cash requirement is $340,000

The amount of the (deficiency)/excess cash (after considering the minimum cash balance required) for January

= $366,700  - $340,000

= $26,700

3 0
3 years ago
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