Answer:
= - $1050
Explanation:
Current Account:
Balance of Trade negative -$600
Balance of Services = +$50
Net Income on Investments negative −$400
Net Transfers -$100
current account (-$600+$50−$400-$100) - $1050
Exports of Goods +$9,900
Imports of Goods - $10,500
Exports of Services +$350
Imports of Services -$300
Income Received on Investments +3,300
Answer:
$163,200
Explanation:
Tucan Company
Purchase Budget for the Month of August
Production Requirement ( 11,00 x 0.5 ) 550
Add Closing inventory ( 980 x 0.5 x 10%) 49
Total 599
Less Opening Inventory ( 11,00 x 0.5 x 10%) (55)
Materials Required 544
Cost $300
Total Cost $163,200
Given the above information, the statement that is true is that Brenden Corp focuses on efficiency at the expense of effectiveness.
<h3>What is manufacturing cost?</h3>
Manufacturing cost comprises totality of all cost that is used in production. It includes all costs necessary to get a finished product from raw materials.
Manufacturing costs consist of the following:
- Cost of the raw materials
- The workers' wages
- Consumables like water and lubricants, machine depreciation, factory expenses
With regards to the above, the company tends to focus more on efficiency at the expense of effectiveness by keeping manufacturing costs low which make its product prices competitive.
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The answer is Deming management.
Deming management is a type of management that focuses on building and maintaining organizational structures that produce high-quality results.
It involves putting management scholar W. Edwards Deming's principles into practice.
Deming defined management as the establishment and ongoing development of organizational systems.
Customers of the company's goods or services will receive a raise in value as a result of the deployment of such a creative and improved management system. In today's globally competitive environment, which is characterized by quickly evolving technology and customers' aspirations for greater standards of values, continuous improvement is crucial to the management system.
Continuous improvement is the process of constantly refining and enhancing organizational processes, services, and products to produce better value for customers.
Hence, According to Deming management, managers should fix an organization's problems by improving its structure, culture, and work rules while treating employees well.
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Answer:
Y= $18,194.05
Explanation:
This is a form of annuity that involves payment of equal amounts monthly for 5 years. These amount are made up of part of the interest and part of the principal.
Using the annuity formula
P= Y{1-(1/[1+r]^n)/r}
Where P = Initial loan amount
Y = yearly payment
r= interest rate
n= number of years
75,000= Y{1-(1/[1+0.068]^5)/0.068}
75,000= Y{1-(0.719689)/0.068}= Y{0.280311/0.068}
Y= 75,000/4.122227
Y= $18,194.05