1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
strojnjashka [21]
3 years ago
6

What is a table in economics and state 5 characteristics of a table​

Business
1 answer:
Luba_88 [7]3 years ago
3 0

A table is a systematic arrangement of data implementing columns and rows to display information which make it easier for better understanding.

Table number: A table should always be numbered for easy identification

Title of the table

Stubs: These refer to the headings of horizontal rows.

Captions: these refer to the headings of vertical columns

Clear, to the point and a suitable font/ size for the text. Information must be inserted in the same format into the appropriate cells

You might be interested in
A shop sells 20 hats per week at $10 each. When it increases the price to $12, the number of hats sold falls to 15 per week. We
kipiarov [429]

Answer:

Estimated as Elastic Demand

Explanation:

Elastic demand is where a change in price causes a significant change in demand, therefore 20 hats to 15 hats can be considered significant and we can conclude that it's elastic demand.

7 0
2 years ago
What is the primary characteristic that differentials a zero based budget from a conventional budget. A. A zero based budget doe
Oksana_A [137]

Answer:

B. The zero based budget requires managers to re-justify every planned expenditure every year.

Explanation:

A zero based budget is one that does not take into account historical data when it is considering the present year budget. Each departmental requirement is re-evaluated and a new amount is assigned as budget for the year.

However conventional budgets carryover the previous year's expenses as a base data point. This results in similar budgeting across years.

So the main difference between the two is that zero based budget requires managers to re-justify every planned expenditure every year.

8 0
3 years ago
Sebastian purchases two pieces of equipment for $100,000. Appraisals of the equipment indicate that the fair market value of the
Schach [20]

Answer:

$100,000

Explanation:

According to the internal revenue service ''<u>In most situations, the basis of an asset is its cost to you.</u> <u>The cost is the amount you pay for it in cash</u>, debt obligations, and other property or services. Cost includes sales tax and other <u>expenses connected with the purchase</u>.''

Therefore Sebastian's basis in these two assets is unconnected with the fair market value of the assets but with the cost.

Purchased Equipment is always recorded at its acquisition cost or its net book value, that is after deducting the accumulated depreciation . In the scenario we have no depreciation figures, hence the basis is the cost of $100,000

8 0
3 years ago
Markland Manufacturing intends to increase capacity by overcoming a bottleneck operation by adding new equipment. Two vendors ha
Veseljchak [2.6K]

Answer:

Proposal A: 5,455 units

Proposal B: 5,770 units

Explanation:

The break-even point is the number of units required for the revenue to equal the total costs.

For proposal A:

Fixed Costs = $60,000

Variable Costs = $13 / unit

Selling Price = $24 / unit

(P-VC)*n-FC = 0\\(24-13)*n-60,000 = 0\\n=5,454.5\ units

For proposal B:

Fixed Costs = $75,000

Variable Costs = $11 / unit

Selling Price = $24 / unit

(P-VC)*n-FC = 0\\(24-11)*n-75,000 = 0\\n=5,769.2\ units

Rounding up to the next whole unit, the break-even points for proposal A and B, respectively, are 5,455 and 5,770 units.

3 0
3 years ago
_____ is a comprehensive process to analyze data and produce outputs that can inform decision making.
Svetradugi [14.3K]

<u>Business Analysis</u> is a comprehensive process to analyze data and produce outputs that can inform decision-making.

<h3>What is Business Analysis?</h3>

Business analysis is the collection of duties, skills, and methods needed to pinpoint business requirements and come up with solutions to enterprise-level problems. Although the general definition is identical, many sectors may have different practices and methods. In the information technology sector, systems development is a common component of solutions, but they can also incorporate process optimization or organizational change.

Business analysis can also be carried out to comprehend how a firm is doing right now or to serve as a foundation for identifying business needs. Business analysis is typically carried out to define and validate solutions that satisfy business demands, objectives, or goals.

Thus, Business Analysis is a comprehensive process to analyze data.

For more information on Business Analysis, refer to the given link:

brainly.com/question/5333889

#SPJ4

6 0
1 year ago
Other questions:
  • Assume you are holding a business meeting with five people, each from a different continent (North America, South America, Europ
    9·1 answer
  • How do your financial choices impact the economy?
    5·2 answers
  • A goal taking which of these lengths of time to achieve is most likely to be a long-term goal? A. 10 minutes B. 10 hours C. 10 y
    14·1 answer
  • annual property taxes are $1,776. the previous year's taxes are paid. if the closing is one May 1, what is the seller's portion
    5·1 answer
  • Using the expanded accounting equation, calculate and enter the answers for each question. You will need to use the answers you
    6·1 answer
  • Second-Stage Allocation [LO7-4]
    15·1 answer
  • Major Manuscripts, Inc.
    14·1 answer
  • The assets and liabilities of Thompson Computer Services at March 31, the end of the current year, and its revenue and expenses
    6·1 answer
  • The first unit of a product took 400 hours to complete. The firm plans to produce 8 units in the first month and 10 units in the
    12·1 answer
  • The law of demand states that, other things equal: Select one: a. price and quantity demanded are inversely related. b. consumer
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!