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Afina-wow [57]
2 years ago
10

Write a short note on the importance of technical education​

Business
2 answers:
irakobra [83]2 years ago
6 0

Answer: the importance of technical education. What would happen without technology. We wouldn’t be able to do our homework. We would have to write down our essays, and not be able to store our hard work. Technology is a huge asset to schools. We even use it to send emails to our teachers and submit essays. So without technology our schools would be a lot harder.

Explanation:

Give me branliest please and let’s see how many hearts I can get

BlackZzzverrR [31]2 years ago
3 0

Answer/Explanation:

Technical Education plays a vital role in human resource development of the country by creating skilled manpower, enhancing industrial productivity and improving the quality of life. Technical and vocational education and training plays an essential role in improving the wellbeing of youths and communities. It increases productivity, empowers individual to become self reliant and stimulates entrepreneurship. Businesses are more willing to invest in a community with strong human resources. Technical skills are important for your business for a variety of reasons.It's essential to ensure your employees have the technical skills they need to perform their jobs successfully. Giving your employees the skills they need, leads to happier employees, meaning better productivity.

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A stock has annual returns of 5 percent, 21 percent, -12 percent, 7 percent, and -6 percent for the past five years. The arithme
sergij07 [2.7K]

Answer:

Arithmetic = 3%

Geometric = 2.37%

Explanation:

The arithmetic average of 'n' returns is given by:

A = \frac{\sum r_i}{n}

For five returns of 5% ,21%, -12%, 7%, and -6%:

A=\frac{0.05+0.21-0.12+0.07-0.06}{5}\\ A=0.03=3\%

The geometric average of 'n' returns is given by:

G=\sqrt[n]{(1+r_1)*(1+r_2)*...*(1+r_n)}-1

For five returns of 5% ,21%, -12%, 7%, and -6%:

G=\sqrt[5]{(1+0.05)*(1+0.21)*(1-0.12)*(1+0.07)*(1-0.06)}-1\\G=0.0237=2.37\%

8 0
3 years ago
Identify how changes within an organization affect the OM strategy for a company. For​ instance, discuss what impact the followi
Ierofanga [76]

Answer:

a. Maturing of a product

When the product reaches its maturity stage, its sales volume reduces considerably. This would require different marketing strategies like product enhancement, price changing or developing new designs, etc.

b. Technology innovation in the manufacturing process

This will cause many changes in the strategy as technological innovation would reduce manual labor cost. Also, the organization would need skilled employees to deal with the new technology.

- Cost cutting is instituted.

- Product changes decrease.

- Design compromises are instituted.

- Labor Skills decrease

- Optimum capacity may be achieved

- Manufacturing process stabilizes

6 0
3 years ago
hich of the following situations will disqualify a single individual from claiming the Premium Tax Credit? A. Marriage to an ind
BlackZzzverrR [31]

Answer:

D. Becoming eligible as a dependent on his or her parent's joint tax return

Explanation:

In the case when the individual is disqualify from claiming the premium tax credit at the time when it become eligible as a dependent based on joint tax return of his or her parent

So this is the case when a single individual disqualify from the tax credit

Therefore as per the given situtation, the option d is correct

3 0
2 years ago
Describe the effect of each transaction on assets, liabilities, and stockholders' equity.
Aliun [14]

Answer:

<u><em>Issued Common Stock to Investors in exchange for Cash received from investors</em></u>

Stockholders Equity = Increase

Assets = Increase

Liabilities = No Effect

<u><em>Paid Monthly Rent</em></u>

Assets = Decrease

Stockholders equity = Decrease

Liabilities = No Effect

<u><em>Received cash from customers when service is performed</em></u>

<em>Assets = Increase</em>

Stockholders Equity = Increase

Liabilities = No Effect

<u><em>Billed Customers when service is performed</em></u>

<em>Assets = Increase</em>

Liabilities = No Effect

Stockholders Equity = Increase

<em />

Explanation:

<u><em>Issued Common Stock to Investors in exchange for Cash received from investors</em></u>

Stockholders Equity increase due to increase in issue of additional common stock.

Assets increase due to inflow of asset of Cash resulting from the issue.

<u><em>Paid Monthly Rent</em></u>

Stockholders equity decrease due to increase in an expense item (Rent) which decreases profits attributable to stockholders.

Assets decrease due to outflow of economic benefits in form of cash.

<u><em>Received cash from customers when service is performed</em></u>

Shareholders Equity increase increase due to inflow of economic benefits in form of revenue, which would consequently increase profit attributable to shareholders.

Assets are increasing due to inflow of economic benefits in form of cash.

<u><em>Billed Customers when service is performed</em></u>

Assets are increasing due to increase of future economic benefit in form of Accounts Receivable.

Shareholders Equity increase increase due to inflow of economic benefits in form of revenue, which would consequently increase profit attributable to shareholders.

8 0
2 years ago
ABC Corporation had a 1/1/20 balance in the Allowance for Doubtful Accounts of $40,000. During 2020, it wrote off $28,800 of acc
SVETLANKA909090 [29]

Answer:

$20,400

Explanation:

The computation of the bad debt expense for 2020 is shown below:

Ending balance of Allowance for Uncollectible Accounts = Beginning balance of Allowance for Uncollectible Accounts + bad debts -write off amount

where,

Ending balance of allowance for uncollected accounts is

= $800,000 × 5%

= $40,000

Beginning balance of Allowance for Uncollectible Accounts is $40,000

And, the written off amount is

= $28,800 - $8,400

= $20,400

So, the bad debt expense is

= $40,000 - $40,000 + $20,400

= $20,400

We simply applied the above formula so that the bad debt could arrive

6 0
2 years ago
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