Answer:
The answer is D. Lagging Adopters
Explanation:
Lagging Adopters is the answer because, this group is slow to adapt to new ideas or technology. They tend to adopt only when they are forced to or because everyone else has already.
One way that technology can improve the production of goods is : ( C ) Automation can create goods more cheaply and easily
Automation is the creation and application of technologies to the process of production and distribution of goods and services with minimal or no human intervention. Automation makes the creation of goods easier and with less cost.
Hence we can conclude that One way that technology can improve the production of goods is Automation can create goods more cheaply and easily.
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One way that technology can improve the production of goods is through automation. Automation involves the use of machines and technology to perform tasks that were previously done manually by humans. By automating certain processes, goods can be produced more efficiently, quickly, and accurately, leading to increased productivity and reduced costs.
One way that technology can improve the production of goods is through automation. Automation involves the use of machines and technology to perform tasks that were previously done manually by humans. By automating certain processes, goods can be produced more efficiently, quickly, and accurately, leading to increased productivity and reduced costs.
For example, in a manufacturing plant, robots can be programmed to assemble products on an assembly line. This eliminates the need for manual labor and reduces the potential for errors or inconsistencies in the production process. Automation can also allow for continuous production, as machines can work 24/7 without the need for breaks or rest.
In addition, automation can lead to cost savings in the long run. While the initial investment in automation technology may be high, the reduced labor costs and increased efficiency can result in significant savings over time. This can make goods more affordable for consumers and allow companies to remain competitive in the market.
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Increased demand and no change in supply
Decreased demand and increased supply
Increased supply alone
Decreased demand alone
Answer:
Increased demand and no change in supply
Explanation:
The cost of goods and services is affected by two things:
Demand
Supply
According to the principles of economics, the demand pushes the supply of the goods. However, there is a time where the demand far exceeds the supply. In this case, the price of the goods rise sharply to compensate for the short supply of the material which will come at higher price. This results in inflation.
Answer:
The correct answer is strategic business unit.
Explanation:
Strategic business unit refers to the set of activities carried out by a company for which a common and different strategy can be established from the rest of the company's activities. This strategy is autonomous from the rest, but it is not entirely independent since all the strategies of the different strategic business units are linked within the company's global plans.
Answer: Strategic business unit
Explanation:
Strategic business unit could be defined as companies that have various arms under them and they operate as an Independent Enterprise. Business can be planned separately based on the various different arms as each targets it market audience. They do have a manager who monitors the various sectors. An example of this is the Dangote industries located in Nigeria which encompasses other industries within her like sugar, cement production.
TR = 30Q, AR = 30, and MR = 30
TR = 35Q, AR = 35, and MR = 35
TR = 60 - 0.3Q, AR = 60 - 0.6Q, and MR = 60 - 0.3Q
TR = 60Q - 0.3Q2 , AR = 60 - 0.3Q, and MR = 60 - 0.6Q
The company purchased a building on January 1, 2019. It cost $700,000 and is expected to have a $45,000 salvage value at the end of its predicted 40-year life. Annual depreciation is $16,375.
Since the company is not large enough to occupy the entire building it owns, it rented space to a tenant at $2,000 per month, starting on November 1, 2019. The rent was paid on time on November 1, and the amount received was credited to the Rent Earned account. However, the tenant has not paid the December rent. The company has worked out an agreement with the tenant, who has promised to pay both December and January rent in full on January 15. The tenant has agreed not to fall behind again.
On November 1, the company rented space to another tenant for $1,812 per month. The tenant paid five months' rent in advance on that date. The payment was recorded with a credit to the Unearned Rent account. Assume no other adjusting entries are made during the year.
Required:
1. Use the information to prepare adjusting entries as of December 31, 2019.
2. Prepare journal entries to record the first subsequent cash transaction in 2020 for parts c and e.
The preparation of the adjusting entries for Arnez Company is as follows:
Debit Supplies Expenses $13,069
Credit Supplies $13,069
Debit Insurance Expense $8,045
Credit Prepaid Insurance $8,045
Debit Salaries Expense $3,800
Credit Salaries Payable $3,800
Debit Depreciation Expense $16,375
Credit Accumulated Depreciation $16,375
Debit Rent Receivable $2,000
Credit Rent Revenue $2,000
Debit Unearned Rent $3,624
Credit Rent Revenue $3,624
1. Supplies expenses = $13,069 ($3,075 + $12,700 - $2,706)
Supplies Expenses $13,069 Supplies $13,069
2. Insurance Policies:
Policy Date of Purchase Months Cost Insurance
of Coverage Expense
A April 1, 2017 24 $ 10,824 $1,353 ($10,824/24 x 3)
B April 1, 2018 36 $ 9,576 $3,192
($9,576/36 x 12)
C August 1, 2019 12 $ 8,400 $3,500
($8,400/12 x 5)
Total Insurance Expense for 2019 $8,045
Insurance Expense $8,045 Prepaid Insurance $8,045
3. Salaries Expense $3,800 Salaries Payable $3,800 ($1,900 x 2)
4. Depreciation Expense $16,375 Accumulated Depreciation $16,375
5. Rent Receivable $2,000 Rent Revenue $2,000
6. Unearned Rent $3,624 Rent Revenue $3,624 ($1,812 x 2)
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Answer:
supplies expense 13069 debit
supplies 13069 credit
insurance expense 12,844 debit
prepaid insurance 12,844 credit
depreciation expense 16,375 debit
acc dep- building 16,375 credit
rent receivable 2,000 debit
rent revenue 2,000 credit
unearned revenue 3,624 debit
rent revenue 3,624 credit
Explanation:
cosumption of supplies:
beginning 3,075
purchases 12,700
ending (2,706)
expense 13,069
insurance:
April 1st 24 months 10,824
April 1st 36 months 9,576
August 1st 12 months 8,400
expired insurance:
10,824 x 8/24 = 7,216
9,576 x 8/36 = 2,128
8,400 x 5/12 = 3,500
total 12,844
for depreicaiton we recognize the amount per year
the rent earned is only Decemeber so we recognize for that amount
then we have the other tenant which pais 5 months, 2 has expired so we accrued for that:
1,812 x 2 = 3,624