Answer:
Explanation:
The retained earning are the earnings of the business organization which is earned until the date.
The net income or net loss would reflect in the statement of the retained earning account.
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
The journal entry is shown below:
Retained earnings A/c Dr $3,000
To Dividend A/c $3,000
(Being dividend account is closed)
Answer:
-Deliver the data necessary for tactical decisions and planning
-Monitor and control the allocation and use of company resources and evaluate the performance of the various departments
-Provide a framework for defining and enforcing and ensuring the security and privacy of the data in the database
Explanation:
In <em>data management</em>, the implementation of a database always results in a change in both operations and management.
Regarding middle management, the new database has to provide information for the middle manager's tactic decisions (while the upper-level managers need it for strategic decisions).
Since they are always in charge or monitoring a particular department (HR, marketing, R&D...), they use the database to properly assess the company's resources and see how they can help with his/her subdepartments,
Explanation:
here is an explanation and solution to your question
For Euphoria:
The opportunity cost of producing a unit of rye in terms of jeans =20/5 = 4
for contente:
The opportunity cost of producing a unit of rye in terms of jeans = 16/8 = 2
opportunity cost of producing 1 unit of jean in terms of unit of rye:
for euphoria = 5/20 = 1/4
for contente = 8/16 = 1/2
1.
Euphoria's opportunity cost of producing a a bushel of rye is 4 pairs of jeans.
contentes opportunity cost of producing a bushel of rye is 2 pairs of jeans.
2.
contente has comparative advantage in producing rye
euphoria has comparative advantage in jeans production
3
contente produces 8 bushels of rye so with 4 million hours of labor = 8x4 = 32 million bushels in a week.
euphoria 20 pairs of jean in a week, using 4 million hours of labor. 20x4 = 80 pairs of jean a week
Answer:
A decrease in the elasticity of demand for the cartel's product.
Explanation:
The cartel is under the control of companies operating in the same area. This is undesirable. It is concluded between businesses and these contracts prevent competition. Such arrangements are also prevented by governments, which aims to promote competition among governments across the country. This type of arrangement creates unity and demonstrates business behavior in activities that prevent other competitors from entering the sector.
Adverse effects on consumers include:
1) Higher prices - cartel members can raise prices, which reduces the demand elasticity of any member.
2) Lack of Transparency - Members may agree to hide prices or hide information such as hidden charges in credit card transactions.
3) Limited production - Members may agree to limit market production, such as OPEC and oil quotas.
4) Build Market - Cartel members can collectively divide a market into regions or regions and not compete in each other's territory.
It concludes that Connie has an external locus of control. It is where an individual has the belief that the results of what is going to happen to them is base on external factors which are beyond to their control. It is likely depends on their success and failures with the given circumstances that they are to face. It could be seen above as Connie thinks that she's going to have a low grade, given even if she study or not because of the beliefs that she has acquired.
