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Ratling [72]
3 years ago
5

There are two reading assignments here. I encourage you to read Has Business Left Milton Friedman Behind and then skim/read the

Friedman doctrine. Do a little more background research/reading if you find neccessary. Once base knowledge is established create a thesis based on these two articles. I want a short, one page (three at most) statement regarding your view of Milton Friedman and his beliefs that have dominated corporate philosophy/governance for the last 40 years.
Business
1 answer:
Simora [160]3 years ago
6 0
Hdhsjsiwuebriebeeuraholdfor himandletmedndndndndndndnfj
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You are asked to study the causal effect of hours spent on employee training​ (measured in hours per worker per​ week) in a manu
slamgirl [31]

Answer:

a. Option 3 best describes this statement.

This is because the option compares two different sets of employees receiving training and not receiving any training, it represents the case of an ideal randomized controlled experiment.

b. Option 2 best describes this statement.

This represents an observational cross sectional data set.

c. Option 1 best describes this statement.

This represents an observational time series data set because there are seven days track period of the employee.

d. Option 4 best describes this statement.

Since this represents a mixture of time series and cross sectional data set, it is panel data set.

8 0
3 years ago
On April 1, Tamarisk, Inc. began operations. The following transactions were completed during the month.
erma4kov [3.2K]

Answer:

Given below

Explanation:

Tamarisk, Inc.

Genral Journal

<u>No.        Account Titles and Explanation          Debit             Credit</u>

1.               Cash                                                $21,600 Dr

                        Common Stock                                            $21,600 Cr

Issued common stock for $21,600 cash. Cash is received and stock is issued.

2.           Cash                                             $6,300 Dr

                  Note payable                                                    $6,300 Cr

Obtained a bank loan for $6,300 by issuing a note payable. Cash is received and the liability is also increased.

3.          Equipment                                  $9,900 Dr

                             Cash                                                    $9,900 Cr

 Equipment    is bought by paying cash.

4.           Office rent                                  $1,100  Dr

                                         Cash                                        $1,100 Cr

 Office rent is paid through cash.

5.                         Supplies                        $1,300  Dr

                                         Cash                                       $1,300 Cr

Supplies   are bought for   $1,300  cash.

6.              Advertising Expense               $540  Dr

                        Accounts Payable Daily Herald              $540 Cr

    Advertising is purchased on accounts of  Daily Herald for $540

7.                                 Cash                             $1,800  Dr

                      Accounts Receivable      $14,400  Dr

                                            Revenue                            $16,200 Cr

Performed services for $16,200, cash of $1,800 is received from customers, and the balance of $14,400 is billed to customers on account.

8.                       Dividends                    $360  Dr

                             Cash                                                    $360 Cr

Paid $360 dividend to stockholders.

9.                   Utilities                      $1,800  Dr

                              Cash                                                $1,800 Cr

Utility bill is paid for the month, $1,800.

10.        Accounts Payable Daily Herald              $540   Dr

                                  Cash                                                  $540 Cr

Advertising bought on accounts is paid in cash $ 540.

11.              Interest Expense                       $40  Dr

                              Cash                                                   $40 Cr

Paid $40 of interest on the bank  for the loan of   $6,300 obtained from the bank.  

12.                 Salaries                          $5,760  Dr

                             Cash                                                 $5,760 Cr

Salaries for  $5,760 are paid in cash.

13.             Cash                                       $14,400  Dr

                            Accounts Receivable                       $14,400 Cr

Cash is received for the balance of $14,400 billed to customers on account for services performed.

14.              Tax Expense                        $1,350  Dr

                             Cash                                                 $1,350 Cr

Cash $1,350 is paid as Tax.

5 0
3 years ago
asyFind manufactures and sells golf balls. The company is conducting a price test to find a better price point. Presently their
g100num [7]

Answer:

%variation= 31.58% increase

Explanation:

Giving the following information:

Selling price per dozen= $21

Sales in units= 4,250

They are considering reducing their sales price by 24% per dozen.

<u>First, we need to determine the actual total contribution:</u>

Total contribution= 21*4,250= $89,250

<u>Now, with the new selling price, the percentage variation in sales units</u>:

Selling price= 21*0.76= $15.96

89,250= 15.96*units

5,592= units

Percentage:

%variation= [(5,592/4,250) - 1]*100= 31.58%

4 0
3 years ago
Which function of money describes its ability to help people compare what
Blababa [14]

Answer:

C. Measure of value

Explanation:

Measure of value or unit of account is one of the four main functions of money.  Under this function, money makes it possible to compare the values of different goods and services. Producers of goods and service providers apply various techniques to assign a monetary value to their products. Comparison in value, therefore possible as with money as the common denominator.

Because money is divisible in small units, it is possible to attach a monetary value to a good or service regardless of its size or worth.

8 0
3 years ago
Krizun Industries makes heavy construction equipment. The standard for a particular crane calls for 14 direct labor-hours at $16
Sergio [31]

Answer:

14,275= actual hours

Explanation:

Giving the following information:

The standard for a particular crane calls for 14 direct labor-hours at $16 per direct labor-hour.

During a recent period, 1,000 cranes were made.

The labor efficiency variance was $4,400 Unfavorable.

To determine the actual hours worked, we need to use the direct labor efficiency variance formula:

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

-4,400= (14*1,000 - actual hours)*16

-4,400= 224,000 - 16actual hours

228,400/16= actual hours

14,275= actual hours

4 0
3 years ago
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