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3 years ago

List 8 factors that impede business ability of Africans

Business

1 answer:

Lisa [10]3 years ago

8 0

The factors that impede business ability of African can be liken to trade barriers experienced the region.

Many potential entrepreneur have been discouraged from starting their enterprises because of various business impediment.

The factors that impede the business ability includes:

Lack of good road route to deliver goods.
High tax rate for locally produced goods.
Very high rate of import duties.
Corruptions among officers with key position
Lack of support for Small & medium enterprises (SME)
Inaccessibility to finance for the business startup such as loan.
Unfavorable government policy or regulation..

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Answer:

C) hierarchy.

Explanation:

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A product sustaining level cost is a cost related to the activities undertaken to support an individual type of product, e.g. software updates.

A facility level cost is a cost incurred in order to maintain a productive facility working, e.g. lighting and cleaning costs.

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3 years ago

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3 years ago

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Which of the following statements are true concerning the predetermined overhead rate when the direct labor-hour requirement for

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Answer: The predetermined overhead rate increased because the total direct labor-hours dropped

Explanation:

The predetermined overhead rate refers to an allocation rate which is used in applying the estimated manufacturing overhead cost to the cost objects for a particular reporting period.

When there's reduction in the direct labor-hour requirement from 5 hours to 2 hours, the predetermined overhead rate increased because the total direct labor-hours dropped

The predetermined overhead rate is calculated as the total overhead cost divided by the machine hour. Therefore, if there's reduction in the direct labor hour rate, then there will be a rise in the predetermined overhead rate.

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3 years ago

Rachel's Recordings reported net income of $270,000. Beginning balances in Accounts Receivable and Accounts Payable were $17,000

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Answer:

Cash flow from operating activities 284,500

Explanation:

net income 270,000

change in AR

17,000- 9,500 = 7,500(A)

change in AP

28,000 - 21,000 = 7.,000(B)

total change in working capital 14,500

Cash flow from operating activities 284,500

(A)

The account receivable decrease over time this means the account were collected, whch increase cash

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The account payable increase, which means the company receive cash or delay the payment of cash for this period of time. Therefore, the cash increase.

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3 years ago

The economy is in a recession and the government wants to increase output. If the multiplier equals 3 and the government increas

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Answer:

The answer is 750

Explanation:

When government increases its spending, this increase in spending leads to increases in income for households which cumulatively increase the national income, this effect is known as multiplier effect.

Government has increased its spending by 250 while multiplier effect is 3.

Therefore, output will increase by 750(250 x 3)

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3 years ago