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3 years ago

Place the steps to creating a budget in order:

Business

1 answer:

bagirrra123 [75]3 years ago

4 0

Answer:

1. Figure out your net income

2. Determine if you have enough income to cover all your expenses

3. make list of variable expense

4. make list of fixed expenses

5. adjust expense

done !

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Strategic planners should always dance close either to the revenue or cost line, or both, as they plan. If finished plans do not

Reika [66]

Answer:

2) the gold rules principle

Explanation:

The gold rules principle is important because companies maximize their profits when marginal revenue = marginal costs. That is why the revenue-cost relationship is so important, because higher revenue will only generate higher profit if costs are under control.

3 0

3 years ago

Along the per-worker production function, what happens to real gdp per hour worked as capital per hour worked increases?

vodka [1.7K]

The answer is real GDP.

Real GDP per hour worked increases at a decreasing rate. A measure of a country's gross domestic product that has been adjusted for inflation is called Real GDP.

What is GDP?

GDP provides an economic snapshot of a country, used to estimate the size of an economy and growth rate.
The monetary value of all finished goods and services made within a country during a specific time is known as GDP.
GDP can be calculated in three methods using production, expenditures, or incomes. It can be adjusted for inflation and population to provider deeper insights.
Real GDP takes account the effects of inflation while nominal GDP does not. GDP is a prominent tool to guide policymakers, investors and business in strategic decision making.

To learn more about GDP

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4 0

2 years ago

Sifton Electronics Corporation manufactures and assembles electronic motor drives for video cameras. The company assembles the m

sashaice [31]

Answer:

Please see attachment

Explanation:

Please see attachment

5 0

4 years ago

You are the manager of BlackSpot Computers, which competes directly with Condensed Computers to sell high-powered computers to b

Zina [86]

Answer and Explanation:

In order to know how this affects the production we will first find out the quantities produce before and after the technological advance.

Profit maximizing, MR = MC (Marginal revenue = Marginal Cost)

TR = P x Q

TR= (5900 - Q) x Q = 5900Q - Q^2

MR = 5900 - 2Q (Taking derivative)

Now, MR = MC

5900 - 2Q = 800

Q = 2550

After Technological advancement,

MR = MC

5900 - 2Q = 500

Q = 2700

After technological advancement, Backspot Computers are able to produce more quantities. An increase of 150 units. The technological advancement has helped them.

4 0

4 years ago

Alamos Co. exchanged equipment and $18,900 cash for similar equipment. The book value and the fair value of the old equipment we

12345 [234]

Answer:

C. $ 0.

Explanation:

Provided that

Book value of the old machine = $81,300

The Fair value of the old machine = $91,400

So, we can see that there will be a gain of

= Fair value - book value

= $91,400 - $81,300

= $10,100

But this gain would not be recognized in case of lacking commercial substance. So, there would be zero gain or loss

7 0

3 years ago