Answer:
Economics
Explanation:
Economics is the study of the activities that individuals and society undertake to satisfy their unlimited wants using scarce resources. Economics involves analysis of the production of goods and services, their distribution and consumption in a country. It involves the study of how individuals, firms, and the government allocates scarce resources to meet the need of society.
Economics is categorized in microeconomics and macroeconomics. Microeconomics concentrates on the key economic indicators such as demand, supply, and income and how they affect an individual, firm, or product. Macroeconomics studies the economic conditions in a country as a whole. It is concerned with issues such as inflation, Unemployment rate, and GDP
Answer:
Consumption is influenced by advertisements for products that are consumable today and savings from ads that advocate in investing tomorrow.
Explanation:
Both are important to run the circular flow of economy. If a person invests savings on a product, so there should be someone to consume it, this will help in achieving equilibrium point between aggregate demand and aggregate supply.
Increase in one shall result in decrease in other and in both cases either there will be more products to be consumed rather than the actual consumption resulting in surplus if there is excess saving or vice versa .
The answer is A!!!!!!!!!!!
The types of teams that Graeter might use in these facilities include a food quality team, a production team, and a logistics team.
<h3>What are the most important processes of food production?</h3>
The most important processes of food production include quality controls, which are fundamental to ensure safe foods, and also teams associated with the production, which ensure a suitable production to obtain benefits.
Moreover, the logistic team is also fundamental in food production because it ensures the correct movement of packaged food to the final destination.
In conclusion, the types of teams that Graeter might use in these facilities include a food quality team to control the quality of foods, a production team to ensure the required amount of food products on a daily basis, and a logistics team to ensure the transport of foods to corresponding market centers
Learn more about food production here:
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Answer:
(1) $19,500
(2) $142,000
(3) $27,000
(4) $15,000
Explanation:
Depreciation is the systematic allocation of the cost of an asset to the p/l over the useful life of the asset. It may be computed as
Depreciation = (cost - salvage value)/useful life
Annual depreciation = ($220,000 - $25,000)/10
= $19,500
4 years later
Carrying amount of the equipment
= $220,000 - 4 * $19,500
= $220,000 - $78,000
= $142,000
If the asset is impaired
An asset is said to be impaired when the carrying amount is higher than recoverable amount where the recoverable amount is the higher of the fair value less cost to sell or the value in use of the asset which is the present value of the future expected inflow from the use of the asset.
Value in use = $115,000
Fair value = $85,000
Value in use = $115,000
Impairment loss = $142,000 - $115,000
= $27,000
Remaining number of years is 6
New carrying amount = $115,000
the annual depreciation expense = ($115,000 - $25,000)/6
= $90,000/6
= $15,000
