the main difference between the current assets on the balance sheet of a service company and a manufacturer is that a manufacturer has

Answers

Answer 1

The accounts provided, however, differ primarily in one important way. The asset section reflects this distinction. Service businesses do not have an asset for inventory, whereas retail businesses do. As a current asset, this is listed.

What is the main distinction between service providers and manufacturers when it comes to the consumption of their products?

The main distinction between manufacturing businesses and service providers is that the final goods offered by the latter are used right away. The majority of labor expenses incurred by service businesses are due to providing services to clients.

What is the primary distinction between a manufacturer's and a merchandiser's cost of goods sold?

Direct materials, direct labor, or overhead costs are the three categories into which product costs can be divided. The cost of products sold by a manufacturer and a merchandiser are primarily differentiated by the inclusion of cost of goods created by the merchandiser as opposed to cost of goods purchased.

To Know more about accounts

https://brainly.com/question/22917325

#SPJ4


Related Questions

The economic and strategic advantages that accrue to early entrants in an industry are called

Answers

The economic and strategic advantages that accrue to early entrants in an industry are called First Mover advantage.

What is first mover advantage?

A corporation that is the first to enter a market or launch a product gains first-mover advantage. This company has the potential to build brand awareness, client loyalty, and a dominant market position. First-movers also have the advantage of being able to establish prices, manage distribution routes, and grab market share before competitors enter the market. However, being the first to join a market carries hazards, such as high development costs and the difficulties of estimating client demand. If the first-mover is successful, it may raise barriers to entry for future competitors, making it more difficult for them to enter the market and compete effectively. The longevity of a first-mover advantage is determined by a number of factors, including the company's ability to innovate.

To learn more first-mover advantage visit:

https://brainly.com/question/14663095

#SPJ4

the following selected information pertains to wilson company. current liabilities: $100; long-term liabilities: $150; contributed capital: $120; retained earnings: $50; accumulated other comprehensive income: $20. the company's debt to equity ratio (rounded to two digits after the decimal point) is

Answers

The Debt to Equity Ratio for Wilson Company is 1.21. This is calculated by dividing the total liabilities (Current Liabilities + Long-Term Liabilities = $100 + $150 = $250) by the total equity (Contributed Capital + Retained Earnings + Accumulated Other Comprehensive Income = $120 + $50 + $20 = $190).

What is Ratio?

A ratio is a comparison of two or more related numbers or quantities. Ratios can be expressed in different ways, including fractions, decimals, and percentages. Ratios can also be used to represent relationships between two or more pieces of data in a meaningful way. Ratios are used to compare values within a single group, between different groups, or between one group and the total. Ratios are useful for making comparisons, understanding trends, and helping to make decisions.

Therefore, $250/$190 = 1.21.

To learn more about Ratio

https://brainly.com/question/14010408

#SPJ4

a quasi-governmental agency is best defined as: group of answer choices a private organization which exclusively provides support or services for a governmental agency all of the answers are correct a private organization which has common interest with a governmental agency a private organization which provides some contracted services to a governmental agency

Answers

A company that offers particular governmental functions is referred to as a quasi-government agency. They have a unique status that makes them neither a government agency nor a private company. Find out what quasi-government organizations are and what services they offer the public and the American government.

The Federal Reserve, which serves as the country's central bank, is a quasi-governmental organization. Thus, the Fed is a privately held institution. However, the US government is in charge of a sizable portion of its activities.

Organizations that don't neatly fall into either category but have both public and private traits are known as quasi-governmental organizations (QGOs). An organization that is incorporated as a private, nonprofit organization but is managed by a board of directors made up of government representatives or directors chosen by a typical government unit is one type of QGO.

To learn more on quasi-government agency from the link:

https://brainly.com/question/28344516

#SPJ4

if a $1000 treasury note has a coupon rate of 5%. what is the amount of the semi-annual interest payments?

Answers

The amount of the semi-annual interest payments is $25.

What is semi-annual?

Semiannual simply means that something happens twice a year. For instance, a business might throw company celebrations every two years, a couple might celebrate their marriage every two years, and a family might take a vacation every two years. Anything that occurs twice a year occurs every two years.

If a company pays its shareholders a semiannual dividend, the shareholders will get payments twice a year. (A corporation can decide whether or not to distribute any dividends.) Frequently, quarterly (four times a year) financial statements or reports are released. Companies that only release financial statements every two years are uncommon. However, they do issue an annual report each year, as required by the criteria.

To learn more about semi-annual visit;

https://brainly.com/question/14486825

#SPJ4

identify in decreasing order the FOUR largest components of government expenditure and the amounts that government plans to spend on them in 2018/2019 financial year

Answers

In decreasing order the FOUR largest components of government expenditure and the amounts that government plans to spend on them in 2018/2019 financial year are:

1. Health Care: $813.2 billion

2. Education: $617.1 billion

3. Social Security and Welfare: $547.3 billion

4. Defense: $489.2 billion

What is a government expenditure?

Government spending or expenditure involves all government expenses, investment, and transfer payments. In national income accounting, the realization by governments of goods and services for current use, to directly meet the people or collective needs of the society, is categorized as government final intake expenditure.

Therefore, the correct answer is as given above

learn more about government expenditure: https://brainly.com/question/29617106

#SPJ1

an important reason for a company to maintain its ethical reputation is

Answers

An important reason for a company to maintain its ethical reputation is It attracts and retains customers.It also builds customer loyalty over time, creating a customer base that is likely to refer your business to others.

Is ethics good or bad?

Distinguishing between "good and terrible" or "right and wrong" is a loose definition shared by morality and ethics. Many people mistakenly believe that morality is something personal and normative, while ethics is the distinction between "good" and "evil" within a certain society or community.

What is ethical conduct?

Ethical Action is a manifestation of our fundamental values to respect the dignity of every individual, foster relationships, and advance justice. Together, we strive to bring out the best in one another and in ourselves, strengthening each person's capacity and obligation to make a positive difference in the world.

To know more about ethical visit:

https://brainly.com/question/19559440

#SPJ4

which of the following statements is true of arbitration? group of answer choices the outcomes of an arbitration procedure cannot be imposed on the disputing parties. the disputing parties resolve all of the matters of contention by themselves in arbitration, without the intervention of a third party. the decisions arising from arbitration are binding on the disputing parties. the primary function of arbitration is to serve as a prelude to litigation. the record of proceedings is available to the press and others.

Answers

Option 3rd is correct. A statement that applies to arbitration is that any decision resulting from the arbitration shall be binding on the parties to the dispute.

Arbitration is a procedure in which a dispute is submitted by agreement of the parties to one or more arbitrators who make a binding decision on the dispute. In choosing arbitration, the parties are opting for private dispute resolution rather than going to court.

For future disputes arising out of the contract, the parties shall include an arbitration clause in their respective contracts. An existing dispute can be submitted to arbitration by means of a submission agreement between the parties. Unlike arbitration, a party cannot unilaterally withdraw from arbitration.

Under the WIPO Arbitration Rules, the parties may jointly select a single arbitrator. If they elect her three-member arbitral tribunal, each party will appoint her one of the arbitrators. These two then agree on a lead arbitrator. Alternatively, the Center can propose potential arbitrators with relevant expertise or directly appoint members of the arbitral tribunal. The Center maintains a broad roster of arbitrators, ranging from experienced dispute resolution generalists to highly specialized practitioners and experts covering the full legal and technical spectrum of intellectual property.

Know more about arbitration here:

https://brainly.com/question/29559567

#SPJ4

the sequencing of activities is often based upon dependencies between the activities. the dependencies that should guide activity sequencing can be either: a. opportunities or threats b. critical or non-critical c. mandatory or discretionary d. interior or exterior

Answers

Option B. The dependencies that should guide activity sequencing can be either critical or non-critical.

In project management, activity sequencing refers to the process of determining the order in which activities should be completed. The dependencies between activities can play a crucial role in determining the correct sequence. A critical dependency is one in which the completion of one activity is necessary for the start of another activity. On the other hand, a non-critical dependency is one in which the completion of one activity does not affect the start or completion of another activity.

For example, if Activity A is dependent on the completion of Activity B, then Activity B is considered a critical dependency for Activity A. The sequencing of activities should take into consideration these dependencies to ensure a smooth flow of the project and to minimize any potential delays. In short, critical dependencies should guide the activity sequencing to ensure that the project progresses as planned.

To learn more about dependencies please click on below link.

https://brainly.com/question/13106286

#SPJ4

which of the following is not an example of a positive, as opposed to normative, statement? a. higher gasoline prices will reduce gasoline consumption. b. if a nation wants to avoid inflation, it will restrict the growth rate of the quantity of money. c. equality is more important than efficiency. d. trade restrictions lower our standard of living.

Answers

Price rises result from excessive government money printing.  The unemployment rate is steadily increasing.

Since a normative statement expresses an opinion about a certain topic rather than being based on actual facts and numbers, it is based on value judgements. Price rises result from excessive government money printing. The unemployment rate is steadily increasing. Since a normative statement expresses an opinion about a certain topic rather than being based on actual facts and numbers, it is based on value judgments. Controlling the population is necessary. India's economy ought to be expanding. The yearly inflation rate can be thought of as the rate of price growth during a specific time period within a year. Since more money is spent on gasoline, it weighed more heavily in the United States' yearly inflation rate than tomatoes.

Learn more about Normative statement here:

https://brainly.com/question/13468510

#SPJ4

cage corporation has current liabilities of $436,000, a quick ratio of .75, inventory turnover of 5.1, and a current ratio of 1.2. what is the cost of goods sold for the company? (do not round intermediate calculations.)

Answers


Both calculations match, we can say that the cost of goods sold for the company is $578,667.



We can use the following formula to calculate the cost of goods sold:

Current liabilities / Quick ratio = Cost of Goods Sold

We can use the information provided to calculate the current liabilities:

Quick ratio = Current liabilities / Cost of Goods Sold
.75 = $436,000 / Cost of Goods Sold
Cost of Goods Sold = $436,000 / .75
Cost of Goods Sold = $578,667

Inventory turnover can also be used to find cost of goods sold:

Cost of Goods Sold = Inventory / Inventory Turnover
Cost of Goods Sold = Inventory / 5.1

We can also use the current ratio to find the inventory:

Inventory = Current assets - Current liabilities
Current ratio = Current assets / Current liabilities
Current assets = Current ratio * Current liabilities
Inventory = Current ratio * Current liabilities - Current liabilities
Inventory = 1.2 * $436,000 - $436,000
Inventory = $524,000

Now that we have both the inventory and cost of goods sold, we can check if the two calculations match:

Cost of Goods Sold = Inventory / Inventory Turnover
$578,667 = $524,000 / 5.1

As both calculations match, we can say that the cost of goods sold for the company is $578,667.

To know more about inventory here

https://brainly.com/question/14184995

#SPJ4

These activities on the statement of cash flows represent the cash flows that arise out of the purchase and sale of plant and equipment.

Answers

These transactions on the cash flow statement correspond to the cash flows from the purchase and sale of machinery and equipment (d) Investing Activities.

What cash flows result from actions involving the purchase and sale of assets and investment securities?

Capital purchases, loans, and the sale of investment securities are all included in cash flow from investing operations. Additionally, since they constitute an investment for the long run, expenses for property, plant, and equipment fall under this category.

Which of the following appears in a statement of cash flows' operating activity section?

This metric, which gauges a company's profitability, is calculated directly from the net profit displayed in the income statement of the business for the relevant period.

To know more about cash flows visit:-

https://brainly.com/question/29768594

#SPJ4

a rural bank in georgia loses customers when those customers decide to invest their money in foreign banks that they access online. the rural bank's management considers this to be an example of

Answers

Option 3 is Correct. The management of the rural bank sees this as an illustration of a detrimental impact on financial capital.

When customers choose to invest their money in international banks that they can access online, a rural Georgia bank loses those clients. The management of the rural bank views this as an illustration of When customers choose to invest their money in international banks that they can access online, a rural Georgia bank loses those clients.

A company's work environment will have fewer competitors and a lower danger of competition the higher the entrance barriers. It is simpler to attract clients and maintain high prices when there are fewer competitors.

To know more about financial capital Click here: brainly.com/question/28238287

#SPJ4

Correct Question:

A rural bank in Georgia loses customers when those customers decide to invest their money in foreign banks that they access online. The rural bank's management considers this to be an example of

1. a negative effect related to human capital.

2. a positive effect related to financial capital.

3. a negative effect related to financial capital.

4. a positive effect related to human capital.

an employee not authorized to release news to the press speaks to a reporter about upcoming management changes. which sharing policy best explains why

Answers

An employee not authorized to release news to the press speaks to a reporter about upcoming management changes. b) Printed materials best explains why this shouldn't happen.

A press release is an official statement (written or recorded) issued by a company to the news media and others. Whether we call it a "press release," "press statement," "news release," or "media release," we're all referring to the same thing.

While the headline should include action verbs, the first paragraph should answer the who, what, why, and where questions. A quote and understandable wording should also be included in the press release.

Today, many tools and mediums are employed for teaching and learning, as well as transmitting effective information to adult learners/students.

Print materials or media have been one of the most traditional and widely used forms of instructional devices for passing on knowledge to students.

Because of their form, they have a very broad reach and are easy for learners to acquire and grasp. Print materials contain all forms of printed text and other printed forms of visual communication.

To know more about press release:

https://brainly.com/question/16965594

#SPJ4

Correct question:

An employee not authorized to release news to the press speaks to a reporter about upcoming management changes. Which sharing policy BEST explains why this shouldn't happen?

- Employee social media

- Printed materials

- Internet

- Company social media

according to the american management association, dealing with excessive and unimportant e-mail and text messages in the workplace can lead to

Answers

The American Management Association claims that dealing with an abundance of meaningless e-mail and text messages at work can cause one to focus on the urgent rather than the vital.

What objectives does the American Management Association have?

Being the top organization in the world that provides an extensive range of high-quality management development and educational services that will have a good impact on people, businesses, and society as a whole.

What is management, according to the American Management Association?

For the purpose of creating the most precise definition of management, the American Management Association is accountable. "It is the process of achieving objectives by utilizing people who are eager to help you." Like the computer industry or manufacturing, it is a difficult art rather than a science.

Learn more about American Management Association

brainly.com/question/20631025

#SPJ4

what is usually the most important reason it could make sense for a u.s. company to try to find export markets for its products?

Answers

The primary reason for a US company to explore export markets is to expand its customer base and increase sales revenue.

What is Sales Revenue ?A US company's key motivation for investigating export markets is to grow its clientele and boost sales. This can be crucial since it enables the business to access new, expanding markets and diversify its sources of income, which can be crucial in a slow-growing home market or during economic downturns. A business might benefit from variations in demand and pricing by selling its goods abroad, thereby boosting its earnings.

Additionally, exporting can aid a business in achieving economies of scale by allowing it to spread its fixed expenses across a greater amount of output. Lower unit costs and increased competitiveness both domestically and internationally may result from this.

To know more about Sales Revenue , check out :

https://brainly.com/question/29436143

#SPJ4

in which business structure is the firm a hierarchically organized around a set of functions where each function has a core competency that it concentrates upon?

Answers

In functional business structure is the firm a hierarchically organized around a set of functions where each function has a core competency that it concentrates upon

A functional structure is the term used to describe the organisational structure of a firm. The organisation is split up into many departments or functions, such as marketing, finance, operations, etc., in this structure. Each function is headed by a functional manager, who is in charge of the initiatives and jobs that fall within their purview.

To guarantee that the overall objectives of the organisation are realised, the various functions are often hierarchical and interact with one another. Organizations with a distinct labour division and clearly defined areas of specialisation are best suited for the functional structure.

To learn more about marketing, visit:

https://brainly.com/question/25369230

#SPJ4

what is the marginal revenue of producing the fortieth unit? no. units produced total revenue total costs 0 0 0 10 120 40 20 200 100 30 270 170 40 310 260 50 330 370 multiple choice

Answers

The marginal revenue of producing the fortieth unit can be calculated by looking at the change in total revenue that results from producing one additional unit of output.

In this case, the total revenue from producing the fortieth unit can be determined by subtracting the total revenue from producing the thirty-ninth unit from the total revenue from producing the fortieth unit. The total revenue from producing the thirty-ninth unit can be found by adding up the revenue from each unit produced up to and including the thirty-ninth unit. The total revenue from producing the fortieth unit can be found by adding up the revenue from each unit produced up to and including the fortieth unit. The marginal revenue of producing the fortieth unit can be calculated by subtracting the total revenue from producing the thirty-ninth unit from the total revenue from producing the fortieth unit:

($310 - $270) = $40

Therefore, the marginal revenue of producing the fortieth unit is $40.

It's important to note that the marginal revenue of producing one additional unit decreases as the quantity of units produced increases. This is due to the law of diminishing marginal returns, which states that as more units of a good or service are produced, the marginal benefit of producing each additional unit will eventually decrease. In this case, the marginal revenue decreases from $60 for the thirty-ninth unit to $40 for the fortieth unit, which is an indication that the law of diminishing marginal returns is at play.

To know more about marginal revenue:

https://brainly.com/question/30260452

#SPJ4

assume that it is predicted that for the years after you graduate from college, the entire economy will experience a long period of prosperity when incomes grow rapidly. what type of industry would be the best for you to find employment if this prediction is correct? an industry that produces a product that is

Answers

If this forecast is accurate, the income-elastic industry will be the best to find employment because the entire economy will have a long time of success.

What is income elastic?

The term "income elasticity of demand" describes how responsive a given good's quantity demand is to changes in the real income of the customers who purchase it. The per cent change in quantity demanded divided by the per cent change in income is the formula for determining the income elasticity of demand. With the aid of income elasticity of demand, you may determine if a certain commodity is a luxury or a need. The measure is used by businesses to forecast how a business cycle would affect sales. The more closely consumer income fluctuations affect demand for a certain good, the higher its income elasticity of demand is.

To learn more about  income elasticity visit;

https://brainly.com/question/29564308

#SPJ4

What is an effective way for digital marketers to use content?
A. Refrain from answering questions directly.
B. Intrigue visitors by making them question the purpose of the content.
C. Narrow the content to suit the target market specifically.
D. Ensure all content is directly about the firm's products or services.

Answers

Digital marketers can use content effectively by focusing it to directly target their target market.

What is included in digital marketing?

The eight main components of digital marketing are search engine optimization, pay-per-click, social media marketing, content marketing, email marketing, mobile marketing, marketing analytics, and affiliate marketing. One of the reasons a job in digital marketing is so exciting is that the business is continually evolving due to the steady development of new platforms.

What makes content marketing crucial?

Since it responds to your audience's questions and promotes the growth of connections, trust, better conversions, and lead creation, content marketing is essential. Customers have higher expectations for the material that their favorite companies constantly produce.

To know more about Digital marketers visit:-

https://brainly.com/question/29993752

#SPJ4

By not taking into account the possibility of consumer substitution, how is the CPI biased?

Answers

The CPI is biased on overstates the cost of living.

The Consumer Price Index (CPI) is a gauge of how prices for a range of consumer goods and services have changed on average over time for urban consumers.

The Consumer Price Index, or CPI as it is more frequently known, is a measure of retail inflation within the economy that gathers data on price changes for the majority of basic products and services. Calculation of the Consumer Price Index, formula: The base year, which serves as a standard, is utilised to calculate the CPI.

Divide that cost of something like the market basket from year t by both the cost of the identical commodity market in the benchmark year to determine the CPI in any given year. CPI is merely an indicator.

Learn more about CPI here:

https://brainly.com/question/14846198

#SPJ4

individuals and businesses must choose between the different uses for their available resources. this is called resources and is due to the concept of . multiple choice question.

Answers

Individuals and business must choose between the different uses for their available resources. This is called allocating resources and is due to the concept of scarcity.

When individuals or businesses must decide how to use their available resources, it is known as allocating resources. This is due to the concept of scarcity, which states that resources are limited and cannot meet the needs and wants of everyone.

As such, it is important for businesses and individuals to make strategic decisions about their resource allocations in order to ensure that their resources are used to their fullest potential. Making sound decisions about how to allocate resources is a critical part of achieving long-term success.

--------The given question is incomplete, the complete question is:

"Individuals and business must choose between the different uses for their available resources. This is called _________ resources and is due to the concept of _________. Fill in the blanks"---------

To know more about business, click here.

https://brainly.com/question/15826604

#SPJ4

What do economists mean when they say behavior is "rational"? - Individuals making choices that do not harm others. - Individuals making choices entirely using logic. - Individuals making choices which help them reach their goals. - Individuals making choices to maximize their wealth. - Individuals caring more about their own outcomes than others' outcomes.

Answers

In the context of economics, "rational" behavior refers to decisions made by people with limited resources and preferences that maximize their self-interest, which is generally referred to as their personal happiness, well-being, or utility.

What is "rational" behavior?

The idea that people make decisions with the goal of maximizing their self-interest or utility is known as "rational behavior" in the field of economics. It is predicated on the notion that people act consistently and logically in an effort to accomplish their goals and that they have distinct preferences and aims. In various branches of economics, such as microeconomics, game theory, and behavioral economics, the idea of rational behavior is commonly used.

Making decisions that are compatible with one's goals and preferences is often understood to be rational behavior. Accordingly, people analyze the advantages and disadvantages of several possibilities before selecting the one that will provide them the most happiness or utility given their available resources and constraints. For instance, a rational buyer may decide to spend more on a product if it gives more value than a less expensive one, or a reasonable employee may decide to accept a lower-paying position if it offers more flexible working hours.

To know more about rational behavior visit:

https://brainly.com/question/28500817

#SPJ4

stacey believes her company has discriminated against her because her minority coworkers, who are less qualified, have been promoted ahead of her. which agency should stacey contact? group of answer choices consumer financial protection agency affirmative action council equal employment opportun

Answers

Stacey should contact the Equal Employment Opportunity Commission (EEOC).

What is contact?

Contact is a type of interpersonal interaction between two or more individuals. It is how people communicate, interact and connect with one another. It can happen in person, through written or spoken words, or even through virtual means such as text, email, or social media. Contact can be physical, emotional, or intellectual.

The EEOC is a federal agency that enforces laws prohibiting workplace discrimination based on race, color, religion, sex, national origin, age, disability, and genetic information. If Stacey believes that she has been discriminated against on the basis of her minority status, then the EEOC is the best agency to contact to file a complaint.

To learn more about contact
https://brainly.com/question/30467945
#SPJ4

describe how foreign currency options can be used for hedging in the situation considered in section 1.7 so that (a) importco is guaranteed that its exchange rate will be less than 1.5700, and (b) exportco is guaranteed that its exchange rate will be at least 1.5300.

Answers

In the situation considered in section 1.7, Foreign currency options can be used for hedging to provide guarantees for both companies.

A foreign currency option is a financial derivative that provides the holder with the right, but not the obligation, to buy or sell a specific amount of a foreign currency at a specified exchange rate on or before a specific date. These options can be used to manage currency risk by locking in an exchange rate for a future transaction.

To guarantee that its exchange rate will be less than 1.5700, ImportCo can purchase a put option on the currency it needs to purchase. A put option gives the holder the right to sell a specific amount of a foreign currency at a specified exchange rate. By purchasing a put option with an exercise price of 1.5700, ImportCo can ensure that it will be able to buy the foreign currency it needs at an exchange rate below 1.5700, even if the exchange rate in the market goes higher.

On the other hand, to guarantee that its exchange rate will be at least 1.5300, ExportCo can purchase a call option on the currency it expects to receive. A call option gives the holder the right to buy a specific amount of a foreign currency at a specified exchange rate. By purchasing a call option with an exercise price of 1.5300, ExportCo can ensure that it will be able to sell the foreign currency it expects to receive at an exchange rate of at least 1.5300, even if the exchange rate in the market goes lower.

In both cases, the cost of the options will be a hedging expense for the companies. However, by using foreign currency options, ImportCo and ExportCo can manage their currency risk and ensure that they will be able to transact with each other at the exchange rate that is acceptable to them.

For more such questions about currency

https://brainly.com/question/3625390

#SPJ4

a cpa is required to comply with the provisions of the statements on standards for attestation engagements when engaged to:

Answers

Review the MD&A produced in accordance with the SEC's laws and regulations.

What is a CPA is engaged to provide in an attestation engagement?

In an attest engagement, a CPA in public practice (i.e., practitioner) is paid to publish a report on a subject or an assertion about a subject that is the responsibility of another party after an examination/audit, review, compilation, or agreed-upon methods (usually management).

When asked to: Provide assurance on investment performance statistics generated by an investment company based on predetermined criteria, a CPA is obligated to adhere to the Statements on Standards for Attestation Engagements.

The most popular attestation service is the audit of financial accounts, but there are a number of others, including contracts for agreed-upon procedures, reviews, and examinations.

To learn more about attestation engagement refer to:

https://brainly.com/question/29350156

#SPJ4

a common economic situation where an economy's resources are insufficient to meet the existing wants and must be used judiciously is referred to as

Answers

The scarcity of resources is a term used to describe a common economic circumstance in which an economy's resources are insufficient to satisfy existing wants and must be used sparingly.

The paucity of resources is another name for scarcity. When resources are limited, people must wisely or effectively allocate them to suit the demands of society. Scarcity refers to the restricted nature and availability of certain resources, whereas choice refers to people's options over how to distribute and use those resources.

The concept of "scarcity" alludes to a central paradox of economics: the mismatch between few resources and fictitiously limitless wants. In order to meet both basic necessities and as many additional wants as feasible, people need to decide how to spend resources effectively.

To know more about Scarcity, refer to this link:

https://brainly.com/question/13186252

#SPJ4

From the perspective of ownership risk, the best form of business organization is the ______. corporation.

Answers

Correct answer is corporation.

From the viewpoint of possession risk, the best shape of business organization is the: corporation. The chance to buy inventory at a fixed fee over a specific period of time is referred to as: inventory options.

What is the exceptional shape of enterprise ownership?

Corporations provide the strongest safety to its owners from personal liability, however the price to structure a organisation is greater than different structures. Corporations also require more tremendous record-keeping, operational processes, and reporting.

Which form of enterprise possession most successfully limits the chance of ownership?

The limited-liability business enterprise (LLC) accomplishes precisely that. This structure provides business proprietors with restricted liability (a key benefit of corporations) and no “double taxation” (a key gain of sole proprietorships and partnerships).

Learn more about business ownership here:

https://brainly.com/question/6084346#SPJ4

you are given the following information for ortiz corporation: decrease in inventory $ 520 decrease in accounts payable 210 increase in notes payable 195 increase in accounts receivable 225 did cash go up or down? by how much?

Answers

Throughout the year, the cash balance would increase by $310.

How does cash balance work?

The term "cash balance" describes how much money a bank has on hand at any given time.

A company's financial position may be seen in its cash balance, which it can use anyway it sees fit. More than only actual coins and banknotes are included in the term "cash."

Calculating the cash balance

Reduced Inventory +

A rise in notes payable, a decline in AP, and a rise in AR

Cash Balance: $520 + $210 - $195 - $225.

Cash Flow $310

where AP and AR stand for accounts payable and receivable, respectively.

The things that are rising and decreasing in the example above are:

1. A $520 reduction in inventory and a gain in cash on hand

2. The cash balance is reduced by $195 due to a drop in accounts payable.

3. Because cash is collected, the $210 rise in notes payable also increases the cash balance.

4. Accounts receivable increased by $225, and the cash balance decreased since cash is not a guaranteed thing.

As a result, the cash balance would increase by $310.

To learn more about inventory refer to:

https://brainly.com/question/12939842

#SPJ1

which factor most increased the demand for enslaved labor in virginia?

Answers

Tobacco was established by Virginian plantation owners as their main export. It required a lot of labour, and because it was in high demand in England and Europe, the colony imported more African slaves.

What was Virginia's primary source of labour?

Indentured servitude was quickly supplanted by slavery as the predominant method of obtaining human labour. The possibility of recently liberated servants demanding land frightened landowners. Africans held as slaves were seen to be a more lucrative and consistent source of work. Virginia formally acknowledged slavery in 1661.

What caused slavery to spread to Virginia?

Tobacco was established by Virginian plantation owners as their main export. It required a lot of labour, and because it was in high demand in England and Europe, the colony imported more African slaves.

To know more about Indentured servitude, visit:

brainly.com/question/13016741

#SPJ4

southeastern operations, a division of cersei corporation, has a net operating income of $60,000 and average operating assets of $300,000. if the manager of the division is evaluated based on roi, will she want to make an investment of $100,000 that would generate additional net operating income of $18,000 per year?

Answers

She won't invest $100,000 which would result in an additional $18,000 in annual net operating income.

Planning, organizing, leading, and regulating an organization's resources in a methodical manner in order to achieve its objectives is management.

Return On Investment = (Operating Income / Cost of Investment) * 100

Return On Investment = [(60000 + 18000) / (300000 + 100000)] * 100

Return On Investment = (78000 / 400000) * 100

Return On Investment = 0.195 * 100

Return On Investment = 19.5%

As a result, the division's Return on Investment drops to 19.5% from 20%.

Consequently, it will lead her to decide that she won't put up $100,000, which would add $18,000 to her yearly net operating income.

To learn more about Return On Investment, refer to this link:

https://brainly.com/question/13575981

#SPJ4

Other Questions
What was the first english group to turn against slavery? How does the alliteration in this excerpt contribute to the meaning of the text?~The narrator is becoming increasingly hopeless and despondent over Lenore's death.~The narrator is concerned that the bird has not moved since he arrived at his chamber.~The narrator is still in disbelief that the bird is speaking to him and thinks that it is Lenore.~The narrator is saddened that he will once again be left alone when the bird soon leaves. 1. what is jackson's idea to install solar panels to the roof of his shop an example of? considering tax compliance requirements civic responsibility tax planning personal responsibility Use context to determine the meaning of the word paradox as it is used in the 5th paragraph of The Call of the Wild. Write your definition of paradox and tell how you determined the meaning of the word. Then check your definition in a print or digital dictionary to confirm the words meaning. Please answer by 8:30, thank you so much! A video rental company offers a plan that includes a membership fee of $11 and charges $1 for every DVD borrowed. They also offer a second plan, that costs $42 per month for unlimited DVD rentals. If a customer borrows enough DVDs in a month, the two plans cost the same amount. What is that total cost of either plan? How many DVDs is that? what can infer about filsons views of Native Americans What should you do if you dont see the intersection point on your graphing tool?EEKKK give a geometric description of a system of 2 linear equations in 3 variables and its possible solution sets TRUE/FALSE. an idps can be configured to dial a phone number and produce an alphanumeric page or other type of signal or message. suppose damaris is a fan of young-adult fiction and buys only young-adult books. damaris deposits $4,000 into a savings account that pays an annual nominal interest rate of 5%. assume this interest rate is fixed, and so it will not change over time. on the day she makes her deposit, suppose that a young-adult book has a price of $10.00. two protons in the helium nucleus are about 10^15m apart. calculate the electrostatic force exerted by one proton on the other Write the sum of 15 and 60 using the greatest common factor and the distributive property how does the allometric exponent that you estimate for rodents compare to the exponent that you estimated for all mammals combined? The lower the ph, the higher the hydrogen ion concentration. True or False? in his 2006 book secret knowledge: rediscovering the lost techniques of the old masters, which suggestion made by david hockney is the most controversial among art historians? group of answer choices 1) that caravaggio and others deliberately distorted the perspectives in their paintings. 2) that the black mirror shown in the arnolfini portrait shows a reflection of jan van eyck. 3) that many renaissance painters knew about and made use of optical technology. 4) that jan van eyck is one of the first painters to depict realistic scenes of secular life. 5) all of the above. 6) 3 and 4, above. What type of stretching is warm-up? based on their positions in the periodic table, predict which has the smallest atomic radius: mg, sr, si, cl, i. what type of government does russia have and who is the leader the equation that allows us to compare dollar amounts to be received or payed at different dates is the