Answer: decrease in expected income
Explanation:
The Great Depression began due to the crash of the stock market in 1929 which caused fear and millions of investors lost their businesses.
This led to the reduction in consumer spending. Also, there was a reduction in investment which caused industrial output decline and decrease in employment opportunities.
Answer:
The minimum cost production lot size = 2447.75
Explanation:
Given
D = Demand = 7,800 copies.
C = Setup costs = $135 per setup.
A = Cost = $13.5.
R = Holding Cost Annual Rate = 17%
P = Production volume = 26,000 copies.
W = Working days = 250 per year
L = Lead time for a production run = 14 days
First we calculate the usage rate.
The usage rate = Annual rate of demand ÷ Working days
Usage Rate = 7500 ÷ 250 = 30 units daily
Then we calculate the production units
Production (P) = Annual Production Volume ÷ Working days
P = 26000 ÷ 250 = 104 units daily
Then we calculate the cost production lot size
This is calculated by
Cost production lot size = √(2DC)/√(1 - (D/P)R * A)
By substituton
Cost Production = √(2 * 7500 * 135)/√(1 - (7500/26000) * 0.17 * 13.5)
Cost Production = 2447.746953702503
Hence, the minimum cost production lot size = 2447.75 --- Approximately
Activities not on the critical path cannot become critical after crashing.
Crashing shortens the project duration by assigning more resources to one or more of the critical tasks.
Crashing a project often reduces the time it takes for lengthy or complex, but noncritical activities.
Answer:
The correct answer is letter "A": Crashing is not possible unless there are multiple critical paths.
Explanation:
Project crashing is a technique used to reduce the duration of a project to the least amount of extra cost by decreasing one or more critical activities. All of this is usually arranged in multiple entry charts where each critical activity receives the name of "critical path". It is imperative to have several critical paths so the crashing can be the most effective possible.
Answer:
Cash would be debited $5,000 on the left side of the T account. Unearned programming service revenue will be credited $5,000 on the right side of T account.
Explanation:
When cash is received, cash increases and is debited by $5,000 (note Cash is an asset account, when asset and expense accounts increase they are debited. When revenue, liability, and owner's equity increase they are credited).
The revenue for this service is not earned yet so we pass the other leg of the entry to Unearned Programming Revenue. It is a revenue account so when it increases we credit. So we credit $5,000 to this account.
When a business receives cash in advance for services, this is treated as a liability called 'Unearned Revenue'. The Cash account would be debited (increased) by $5,000 and the Unearned Revenue account would be credited (increased) by $5,000.
When Major Programming receives $5,000 in advance for providing programming services, this is considered as prepayment and thus, it is recorded as a liability on the balance sheet. In terms of T-accounts, it would be recorded as follows:
Therefore, the T-accounts would reflect an increase in both Cash and Unearned Revenue by $5,000 each, resulting from this transaction.
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Answer:
Its the ability of a nation to produce a good or a service at the lowest opportunity cost.
Explanation:
According to the law of comparative advantage, a nation should produce only a good or a service if the opportunity of cost of producing it is among the lowest among its trade partners. It will give a nation or a company to sell the goods at the lowest possible prices and therefore gathering the maximum economic growth.
This law will allow people to specialize in certain skills therefore reducing the cost of production in the long run, therefore increasing the economic gains. Similarly, a nation should import goods, if the opportunity cost of producing that good is higher than partner nations. Thus, the international trade will allow people to specialize in their areas of expertise and increase their productivity over time. Therefore, the overall global economic output will increase, increasing the people's standards of living.
C) it contains powerful suppliers who can control prices
D) substitute products are unavailable in the segment
E) buyers in the market segment have weak bargaining powers
Answer:
B) it is difficult for new entrants to enter the segment
Explanation:
The porters' five forces of industry analysis include threat of new entrants, bargaining power of suppliers, competitive rivalry, bargaining power of customers and substitute products.
When the market is difficult for new entrants for one reason or the other such as the control of the distribution network by already established players in the industry, government regulations or large capital requirements etc the industry will be less attractive.
Other options given are factors that make the industry attractive.
Answer:
$151,673
Explanation:
Average cost method calculate the cost of the inventory on the average price basis. Cost of goods sold is the cost of the goods sold in the given period.
Description Units Rate Value
Beginning Inventory 7,400 $11.00 $81,400
Purchases 3,100 $12.00 $37,200
Purchases 12,200 $12.50 $152,500
Total Inventory 22,700 $11.94273128 $271,100
Sale 12,700 $11.94273128 $151,673
Cost of Goods Sold = $271,100 x 12,700 / 22,700 = $151,673