most users rely on financial statements, which include the (1) income statement, (2) balance sheet, (3) statement of stockholders' equity, (4) statement of cash flows, and (5) notes to these statements.true or false
Answers
The statement "most users rely on financial statements, which include the (1) income statement, (2) balance sheet, (3) statement of stockholders' equity, (4) statement of cash flows, and (5) notes to these statements." is true because financial statements are a set of reports prepared by companies to provide information about their financial performance and position.
Financial statements are reports produced by a company's accounting system that summarize its economic activities. The three most important financial statements are the balance sheet, the income statement, and the cash flow statement. Investors, creditors, and regulatory authorities all use financial statements to assess a company's financial performance and health.
In addition to the balance sheet, income statement, and cash flow statement, financial statements include notes to the financial statements. Notes to the financial statements (financial footnotes or simply footnotes) provide additional information about the items in the financial statements. Therefore the given statement is true.
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Related Questions
A clothing store is selling a new style of bathing suits in preparation for the summer season. The store’s manager thinks that consumers’ willingness to pay for a bathing suit is $65 each, but she is not confident in her estimate. She wants to sell the bathing suits within the next 6 months, before summer ends, because after that she needs to make room in the store for the next year’s styles. What price should the manager set for the bathing suit
Answers
The price of the bathing suit should be set at the point where the marginal cost and marginal income are equal if the manager wishes to maximize profits.
The additional expense expended for each additional unit produced is known as the marginal cost, and the additional revenue made for each subsequent unit sold is known as the marginal revenue.
The management, however, is unaware of the marginal cost of making the bathing suit. As an alternative, she has a prediction of consumer willingness to pay, which can stand in for marginal revenue. Therefore, she can use this estimate to set the price of the bathing suit.
The manager should price the bathing suit at what buyers are willing to pay, which is $65 in order to maximize revenues. This is so that the retailer can make the largest profit margin possible while also capturing the maximum value that customers are prepared to pay for the bathing suit at this price point.
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True or false: Business messages can be strengthened to counteract issues concerning low credibility. True false question. True False
Answers
True, business messages can be strengthened to counteract issues concerning low credibility.
What are business massages?
These are the various ways and channels that businesses and companies employ to communicate and interact in their business environments.
The various means of sending business messages includes:
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Select all the correct answers. which three factors make starting a business a highly risky investment? high coupon rate uncertain business conditions large amount of capital low interest rates low liquidity
Answers
The three risk factors for starting a business are uncertain business conditions, low interest rates and low liquidity.
How to start a new business?It is essential that the entrepreneur has a broader vision and determination to overcome the initial difficulties, since every business has inherent risks that can represent barriers to the success of the business.
Therefore, it is essential that there is an alignment of objectives to the structure of the business, in addition to dedication and a strategy focused on the market.
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help please !! only answer if you know :) question is down below
Answers
Answer:
Credit Card
Explanation:
Credit card has all of your information on it so they usually ask for that.
Because cash is assumed to be available for spending, it is typically reported on the balance sheet as a(n)
Answers
Answer:
Current or Short-Term Asset
Explanation:
Please use the data below, to answer the following question.
BigMac price in the US USD 4.00
BigMac price in Europe EUR 3.25
current Exchange Rate 1 USD: EUR 0.70
What is the PPP exchange rate where the price of a Big Mac will be identical in the US and Europe?
a. 1 USD: 0.81 EUR
b. 1 USD: 0.70 EUR
c. O1 USD: 1.23 EUR
d. 1 USD: 1.43 EUR
Answers
The PPP exchange rate where the price of a Big Mac will be identical in the US and Europe is 1 USD: 1.43 EUR.The Purchasing Power Parity (PPP) exchange rate is the rate at which the purchasing power of two currencies is equal.
To determine the PPP exchange rate, we need to compare the prices of a common good or service in different countries. In this scenario, we are comparing the price of a Big Mac in the US and Europe. The price of a Big Mac in the US is $4.00, and in Europe, it is EUR 3.25. To make a meaningful comparison, we need to convert the prices into the same currency. Using the current exchange rate of 1 USD: EUR 0.70, we can convert the price of a Big Mac in Europe from EUR to USD: Price in USD = Price in EUR / Exchange Rate Price in USD = 3.25 / 0.70 ≈ $4.64 Since the price of a Big Mac in the US is $4.00 and the price in Europe (converted to USD) is $4.64, we can see that the Big Mac is relatively more expensive in Europe. To achieve purchasing power parity, the exchange rate should be adjusted so that the prices are equal. In this case, we need a higher exchange rate to make the price of a Big Mac in Europe equivalent to the US. The correct answer, therefore, is 1 USD: 1.43 EUR.
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Everything in the Mary Kay supply chain is designed to support the Multiple Choice O independent beauty consultants. O distribution centers. O Mary Kay stockholders.O manufacturers of Mary Kay products.
Answers
Everything in the Mary Kay supply chain is designed to support the independent beauty consultants. This focus ensures that they receive necessary product, resources effectively market or sell Mary Kay products to their customer.
Consultants are professionals who provide expert advice and services to organizations or individuals to help them improve their performance, solve problems, or achieve specific goals. They possess specialized knowledge and skills in various fields such as management, finance, technology, marketing, or human resources. Consultants typically work on a project basis, conducting research, analyzing data, making recommendations, and implementing solutions. They play a vital role in providing objective perspectives, strategic insights, and practical guidance to help clients navigate challenges, optimize processes, and achieve desired outcomes.
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Travis is employed in a logistics company. How can he best avoid workplace hazards?
A.
by staying seated at his desk
B.
by avoiding hazardous work
C.
by wearing safety goggles
D.
by maintaining an uncluttered workplace
E.
by wearing comfortable clothes
Answers
By maintaining an uncluttered workplace is best avoid workplace hazards. Based on the unique needs of the customer, a logistics business manages and streamlines numerous procedures of moving goods from the place of origin to the site of company consumption.
Including warehousing and transportation. The evolution of logistics has been significantly aided by businesses like UPS and FedEx. These businesses are able to move products from their point of origin, store them, and package them. From the standpoint of a single company workplace, logistics deals with the movement of supplies and things that company receives and handles internally as well as the transportation of those materials and goods to a client.
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You are the production manager for the toy manufacturing process at the abc company. lumber company right arrow→ abc toy manufacturing company right arrow→ toy store at the mall an example of an internal supplier is
a. the toy store at the mall.
b. the receiving department at abc.
c. the shipping department at abc.
d. the lumber company.
Answers
Answer:
b. the receiving department at abc.
Explanation:
The given production process involves a process flow from Lumber Company to ABC Toy Manufacturing to Toy Store at the Mall.
The Lumber company and Toy Store are external parties in this process, with Lumber Company being the External Supplier and Toy Store at the Mall being the External Customer.
Internally we have the Receiving Department at ABC, that receives input from the Lumber Company. Processes it and sends to the Shipping Department.
Therefore internally the Receiving Department at ABC is the supplier to the Shipping Department.
if a plaintiff incurs $30,000 in damagaes related to medical expenses and lost wages, what are these?
Answers
If a plaintiff suffers damages totaling $30,000 due to medical costs and missed wages, this indicates that there is a judgment lien.
Judgment lien:A judgment lien cannot be placed on your property before a person has successfully sued you and obtained a monetary judgment against you. Most states require the "judgment creditor," or the person or business that prevailed, to file the judgment with the county or state in order to record it.
A "nonconsensual lien," or a lien that affixes to your property without your consent, is a judgment. When you lose a case and the losing party records the money judgment against your property, it creates a judgment lien. Find out more about: Upon receiving a judgment lien, a creditor affixes the lien to real estate.
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Which best compares and contrasts the teaching and training careers and the professional support careers?
A) Both careers try to support student success; however, teaching and training careers involve direct instruction of students.
B) Both careers help students learn; however, teaching and training careers are involved in running the school.
C) Both careers are increasing the number of available jobs; however, professional support career earns less money.
D) Both careers have support careers; however, professional support careers assist in the classroom.
Answers
Answer:
A) Both careers try to support student success; however, teaching and training careers involve direct instruction of students.
Explanation:
Professional support careers help people involved in education and training systems with personal and family needs, educational goals, mental health assistance, and career decision-making. They provide support and encouragement to students undergoing challenging experiences. Professional support career titles include counselors and Psychologists, among others.
Teachers and trainers offer instructions to students in the class or other conducive places. They help students complete their syllabus, learn intended materials, acquire knowledge, and pass their examinations.
Answer: ITS A
Explanation:CORRECT ON EDGE 2020
Patricia is a team leader. When looking at an e-mail from one of her team members, Patricia noticed that the e-mail was sent at 9:30 in the evening. The next day she personally went to the employee’s cubicle and told him how much she appreciated him staying late to get the project to the client on time. Which aspect of creating a positive organizational culture is Patricia utilizing?
Answers
The options in this question are missing; here are the options:
Which aspect of creating a positive organizational culture is Patricia utilizing?
A. Rewarding more than punishing
B. Building on organization strengths
C. Emphasizing individual growth
D. Building on employee strengths
E. Providing extrinsic rewards
The answer to this question is A. Rewarding more than punishing
Explanation:
One important factor in creating a positive organizational culture is to make employees feel appreciated and recognizing their efforts. This can be achieved through the rewarding more than punishing strategy, which implies focusing on positive actions and aspects rather than on negative aspects. Besides this, as part of the recognition of positive aspects employees or members of a team are rewarded, which includes verbal praise.
This strategy is used by Patricia because she has decided to focus on the effort the employee made by sending the e-mail at 9:30 p.m. because this showed the effort he was making and how much time he is dedicating to the job. Also, as part of recognizing the employee's effort, Patricia uses verbal praise, which a reward.
Select all of the benefits to buying a home.
Answers
Answer:
The value of the home generally increases over time
The quality of your home increases
Once the mortgage is paid in full you own the home
You can make improvements in the place
The discount rate of factored
Accounts Receivable depends
upon which of the following?
The value of the Accounts Receivable.
The selling price of the Accounts Receivable.
The likelihood of repayment.
Answers
The discount rate of factored Accounts Receivable depends upon the likelihood of repayment. When an Accounts Receivable (AR) is factored, the company selling the receivable receives an advance payment, usually ranging from 70-90 percent of the face value of the invoice (AR) and the remainder is paid when the customer pays its bill.
Factoring fees are often structured as a discount on the amount of the invoice face value. They depend upon the creditworthiness of the customers whose invoices are being factored, the volume and size of the factored invoices, and the amount of time it takes for the invoices to be paid.
Accounts Receivable (AR) is the cash due from customers who have bought products or services on credit. It is considered a current asset on the balance sheet. When a company has outstanding receivables, it implies that it hasn't yet received payment from its customers and owes the company money.
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United Supply has a $20 million liability at December 31, 2021, of which $4 million is payable in each of the next five years. United Supply reports the liability in the balance sheet as a:
Answers
The Two types of wills are:
- formal and holographic
- legal and fake
- formal and casual
- none of the above
Answers
Define equilibrium price, demand schedule, and supply schedule. Then, briefly explain how demand and supply schedules are used to find the equilibrium price. (4 points)
Answers
When two lines on a diagram cross, this intersection usually means something. On a graph, the point where the supply curve (S) and the demand curve (D) intersect is the equilibrium.
What Is a Demand Schedule?
In economics, a demand schedule is a table that shows the quantity demanded of a good or service at different price levels. A demand schedule can be graphed as a continuous demand curve on a chart where the Y-axis represents price and the X-axis represents quantity.
An example from the market for gasoline can be shown in the form of a table or a graph. A table that shows the quantity demanded at each price, such as Table 1, is called a demand schedule.
Price (per gallon) Quantity Demanded (millions of gallons)
$1.00 800
$1.20 700
$1.40 600
$1.60 550
$1.80 500
$2.00 460
$2.20 420
Table 1. Price and Quantity Demanded of Gasoline
Supply schedule
again using the market for gasoline as an example. Like demand, supply can be illustrated using a table or a graph. A supply schedule is a table, like Table 2, that shows the quantity supplied at a range of different prices. Again, price is measured in dollars per gallon of gasoline and quantity supplied is measured in millions of gallons.
Price (per gallon) Quantity Supplied (millions of gallons)
$1.00 500
$1.20 550
$1.40 600
$1.60 640
$1.80 680
$2.00 700
$2.20 720
Table 2. Price and Supply of Gasoline
Equilibrium price
gallon) Quantity demanded (millions of gallons) Quantity supplied (millions of gallons)
$1.00 800 500
$1.20 700 550
$1.40 600 600
$1.60 550 640
$1.80 500 680
$2.00 460 700
$2.20 420 720
Table 3. Price, Quantity Demanded, and Quantity Supplied
Because the graphs for demand and supply curves both have price on the vertical axis and quantity on the horizontal axis, the demand curve and supply curve for a particular good or service can appear on the same graph. Together, demand and supply determine the price and the quantity that will be bought and sold in a market.
The equilibrium price is the only price where the plans of consumers and the plans of producers agree—that is, where the amount of the product consumers want to buy (quantity demanded) is equal to the amount producers want to sell (quantity supplied). This common quantity is called the equilibrium quantity. At any other price, the quantity demanded does not equal the quantity supplied, so the market is not in equilibrium at that price.
In Figure 3, the equilibrium price is $1.40 per gallon of gasoline and the equilibrium quantity is 600 million gallons. If you had only the demand and supply schedules, and not the graph, you could find the equilibrium by looking for the price level on the tables where the quantity demanded and the quantity supplied are equal.
The word “equilibrium” means “balance.” If a market is at its equilibrium price and quantity, then it has no reason to move away from that point. However, if a market is not at equilibrium, then economic pressures arise to move the market toward the equilibrium price and the equilibrium quantity.
Imagine, for example, that the price of a gallon of gasoline was above the equilibrium price—that is, instead of $1.40 per gallon, the price is $1.80 per gallon. This above-equilibrium price is illustrated by the dashed horizontal line at the price of $1.80 in Figure 3. At this higher price, the quantity demanded drops from 600 to 500. This decline in quantity reflects how consumers react to the higher price by finding ways to use less gasoline.
Moreover, at this higher price of $1.80, the quantity of gasoline supplied rises from the 600 to 680, as the higher price makes it more profitable for gasoline producers to expand their output. Now, consider how quantity demanded and quantity supplied are related at this above-equilibrium price. Quantity demanded has fallen to 500 gallons, while quantity supplied has risen to 680 gallons. In fact, at any above-equilibrium price, the quantity supplied exceeds the quantity demanded.
Your customer, Ford, wrote 5 SPX (S&P 500 equity index) 2990 call options. Today, Tuesday, he received word that his options have been exercised. The SPX closed at 3000. He will have to deliver
A) cash tomorrow.
B) 500 shares in two days.
C) cash in two days.
D) 500 shares tomorrow.
Answers
When an option is exercised, the writer of the option is obligated to deliver the underlying asset on the exercise date.
In this case, Ford wrote 5 SPX 2990 call options, which means he is obligated to deliver 500 shares of SPX at 2990 per share. Since the SPX closed at 3000, Ford will have to deliver 500 shares of SPX at 2990 per share, for a total of 500 * 2990 = $149500.
The options were exercised today, Tuesday, so Ford will have to deliver the shares tomorrow, Wednesday.
The other options are incorrect. Cash tomorrow is incorrect because Ford is obligated to deliver shares, not cash.
500 shares in two days is incorrect because the options were exercised today, so Ford has to deliver the shares tomorrow. Cash in two days is incorrect because Ford is not obligated to deliver cash, he is obligated to deliver shares.
The answer is D: 500 shares tomorrow.
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The Kingdom of Mocha enjoys no absolute advantage in crude oil, diamonds, or wool. However, the Mochans manufacture high-quality bows and arrows. Which statement about the Mochans is true?
Answers
Answer:
The Mochans have a comparative advantage in the production of bows and arrows.
Explanation:
Comparative advantage is defined as the ability of a country to produce a product at a lower cost compared to other countries.
In such a situation it will be cheaper for other countries to buy the products than to produce it themselves.
In this scenario the Mochans manufacture high-quality bows and arrows, so they have comparative advantage in producing these goods.
However they have no absolute advantage in crude oil, diamonds, or wool. So they do not have comparative advantage in producing these products and will be better off buying them from other countries that produce them at a cheap rate
what is the meaning of cheque stub
Answers
Answer:
A check stub is the part of a check that is kept by the payee with information such as the check number, date, and amount. ... A check stub is the part of a check that is kept by the payee with information such as the check number, date, and amount.
Rising interest rates have made borrowing more costly to consumers. As a result
of the most recent increase in interest rates, borrowing and consumption have
fallen throughout the economy, triggering a contractionary period. Growing
uneasy, citizens have been asking Congress to make an official statement as to
how long this contractionary period is expected to last. Which of the following is
an appropriate response?
Answers
Answer:
it depends on the measures taken to ensure that economy is stable.
Answer:
1. it is difficult to say since contractionary periods have varying lengths in different business cycles.
2. shock
3. high unemployment
4. two
5. expansion stage of the business cycle
Explanation:
just took it
urban structure in the united states could be said to be a product of what economists call the bid-rent. what is meant by the bid-rent?
Answers
The bid-rent theory is an economic concept that explains how the price and demand for real estate are influenced by their location and accessibility.
It states that the value of a particular piece of land is determined by the maximum amount someone is willing to pay for it, based on its location and access to amenities and resources.
As an area becomes more desirable, demand for the land increases, and the bid-rent for that location also increases. This can lead to the development of high-density urban areas where property values are high, and lower-density suburban areas where property values are lower.
In the United States, this theory has played a significant role in shaping the urban structure of cities, as developers seek to maximize profits by locating their properties in areas with high bid-rent values.
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Horford Co. Has no debt. Its cost of capital is 8. 9 percent. Suppose the company
converts to a debt-equity ratio of 1. 0. The interest rate on the debt is 5. 7 percent. Ignore
taxes for this problem.
a. What is the company's new cost of equity? (Do not round intermediate calculations
and enter your answer as a percent rounded to 2 decimal places, e. G. , 32. 16. )
b. What is its new WACC? (Do not round intermediate calculations and enter your
answer as a percent rounded to 2 decimal places, e. G. , 32. 16. )
Answers
The company's new cost of equity is 12.1%. And The new WACC of that company is 8.9%
Cost of new equity generally can be defined as the price of a newly issued general stock that takes into account the flotation value of the new problem. Flotation value are the price incurred by the company in issuing the new stock.
To determine the new cost equity, it can be calculated by formula below:
New cost of equity = Cost of capital+[(Cost of capital- Debt interest rate ) *(Debt-equity ratio)*(1)]
From the scenario we know that
Cost of capital = 8.9% = 0.089
Debt interest rate = 5.7% = 0.057
Debt-equity ratio = 1
Thus, we add all of the value into formula, and it will be
New cost of equity = 0.089 + ( 0.089 - 0.057) x (1) x (1)
New cost of equity = 0.089 + 0.032 x 1
New cost of equity = 0.121 = 12.1%
The WACC formula is shown below:
Weighted average cost of capital (WACC) = Weightage of Equity x Cost of equity
Weighted average cost of capital (WACC) = Equity 0.5000 x 12.1% = 0.0605
Equity = 0.5000 x 5.7% =0.0285
Debt 0.5000 x 5.7% =0.0285
Weighted average cost of capital (WACC) = 0.0605+0.0285
Weighted average cost of capital (WACC) =0.089 x 100 = 8.9%
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What would be the total cost of software F
over time?
$[?]
$6,000
Software E
Software F
$10,000
Satisfaction 75%.$0
Not Satisfied
Satisfaction,
Not Satisfied
25% $12,500
90%-$0
10% $5,000
Enter
Answers
The total cost of software F over time is - $3000.
The total cost of software E over time is $1,900.
Data and calculations:
Software cost F = 10,000
Satisfaction rate with F software = 75%
Cost of satisfaction level = 0
Dissatisfaction level cost = 12,500
Percentage of unsatisfied = 25%
The total cost of F software over time is - $3000 {($10,000 x $75% - $0) + ($10,000 x $25% - $12,500)}.
Software cost X = 6,000
Satisfaction rate with software X=90%
Cost of satisfaction level = 0
Dissatisfaction level cost = 5,000
Percentage of unsatisfied = 10%
The total cost of E software over time is $1,900 {($6,000 x 90% - $0) + ($6,000 x 10% - $5,000)
What is total cost?Total cost refers to the amount of economic cost of production and consists of variable cost, which varies depending on the quantity of a good produced with inputs such as labor and raw materials, plus fixed cost, which is independent of the quantity of a good produced plus inputs that cannot be varied in the short term such as buildings and machinery, together with possibly sunk costs.
Therefore, the correct answer is as given above.
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Assume the economy has entered a recession. Identify two fiscal and two monetary policy actions that could be used to alleviate the recession and explain how each policy would improve the economy.
Answers
Answer:
Fiscal Policy Actions : tax rates and government spending.
Monetary Policy Actions : Lowering interest rates, increase the supply of money.
Explanation:
Fiscal policy refers to the use of government spending and tax policies to influence economic conditions. These include aggregate demand for goods and services, employment, inflation, and economic growth.
During a recession, the government may lower tax rates or increase spending to encourage demand and spur economic activity.
Fiscal policy is often contrasted with monetary policy, which is enacted by central bankers and not elected government officials.
Monetary policy is a set of actions to control a nation's overall money supply and achieve economic growth.
A central bank may revise the interest rates it charges to loan money to the nation's banks. As rates rise or fall, financial institutions adjust rates for their customers such as businesses or home buyers.
When the economy enters a recession, the two fiscal policy actions done by the economy are lower tax rates and more government expenditure, while the monetary actions are lower interest rates and increased money supply.
What is the recession?A recession is defined as a period of lengthened weak or negative growth in real GDP, it is accompanied by a large increase in the unemployment rate. During a recession, many other indices of economic activity are similarly weak.
When the economy enters a recession, it implements two fiscal policies: lower tax rates and more government expenditure, as well as two monetary policies: lower interest rates and increased money supply.
In the aforementioned manner that high employment induces establishments to raise their prices, high unemployment originations them to lower their prices in order to move goods and services.
Therefore, the recession indicates declining in the economy.
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what is the after-tax cost of preferred stock that sells for $5 per share and offers a $0.75 dividend when the tax rate is 35%?
Answers
15% will be the after-tax cost of preferred stock that sells for $5 per share and offers a $0.75 dividend when the tax rate is 35 percent.
A dividend is when a company distributes profits to its shareholders. When a company generates profits or retained earnings, it may pay a portion of the profits to its shareholders as dividends. Amounts not distributed are reinvested in the company (called retained earnings). Not only this year's profit, but also the accumulated profit of the previous year can be distributed. Companies are generally prohibited from paying dividends out of their share capital. Distributions to shareholders can be paid in cash (usually by depositing into a bank account). Also, if the company has a dividend reinvestment plan, it can pay that amount by issuing additional shares or buying back shares. In some cases, asset distributions may occur. Dividends received by shareholders are shareholder income and may be subject to income tax The tax treatment of this income varies greatly between jurisdictions. A company does not receive tax deductions for the dividends it pays.learn more about dividends
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Which type of Financial Aid am I? I am given to students who come from lower-income families and I do not need to be repaid. *
Answers
anita knits scarves that she sells on etsy. when she knits 12 scarves a week her total cost is $144, and when she knits 13 scarves a week, her total cost is $169. thus, her marginal cost of knitting the 13th scarf is
Answers
Thus, Anita's marginal cost of knitting the 13th scarf is $25.
What is marginal cost?In the field of economics, the marginal cost is the variance in total production costs caused by adding or producing a new unit. The marginal cost is determined by multiplying the variance in production costs by the variation in quantity. A company must understand when it may achieve economies of scale in order to maximize output and overall operations. Marginal cost analysis has this as its objective. Marginal cost, a concept from managerial accounting and economics, is most typically used by manufacturers to establish the ideal output level. At a certain level of output, the benefit of producing one extra unit and making money from that product will cut the line's overall manufacturing costs. The marginal cost incorporates all expenses that alter with that level of production.
Marginal cost= $169-$144 =$25
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51 Which of the following is the best estimate, in feet, for personal distance in Western cultures? Multiple Choice O
a) 0-1.5
b) 15-4
c) 5-8
d) 10-12
c) 15-25
Answers
The correct option is b) 1.5-4. The best estimate for personal distance in Western cultures is around 1.5 to 4 feet.
What is meant by personal distance?The term personal distance is often used to describe the physical space distance between communicating parties in western cultures. For example, when people are talking in a group setting or in a one-on-one setting, the physical distance between them that is viewed as appropriate makes up for the personal distance range.
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mention one Islamic song and recitation
Answers
Answer:
islamic song: SURAH AL IMRAN HOLY QURAN, BEAUTIFUL HOLY QURAN
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