The time's interest earned (TIE) ratio evaluates a company's ability to service its debt based on current income.
What is the time interest earned ratio?A company's capacity to make debt payments is gauged by its interest coverage ratio (ICR), also known as times interest earned (TIE).
EBIT or EBITDA divided by the total interest expense might be used to determine it.
Another debt ratio that gauges a company's long-term viability is the time's interest earned (TIE) ratio, which is sometimes referred to as the interest coverage ratio or fixed-charge coverage.
Based on current income, the time's interest earned (TIE) ratio assesses a company's capacity to service its debt.
Earnings before interest and taxes (EBIT) divided by the total interest due on bonds and other debt is the calculation for a company's TIE number.
Therefore, the time's interest earned (TIE) ratio evaluates a company's ability to service its debt based on current income.
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smith company purchased inventory of $2,000 on account and uses the periodic system. the journal entry for the purchase would be:
The journal entry for the purchase would be: purchases: 2,000 debit, accounts payable: 2,000 credit
What is the periodic inventory system's journal entry?A few illustrations of periodic transaction journal entries. The inventory balance is updated once each period in a periodic inventory system. For this approach, typical journal entries are brief. It is safe to presume that you are utilising gross profit to record discounts and that both the sales and the purchases were made on credit.You record transactions in the accounting journal while using a periodic method. This diary displays the debits and credits for your business in a straightforward column format, organised by date. By debiting the purchase account and crediting accounts payable, you may record the purchase of inventory in a journal entry.When using the periodic system, purchases are recorded in the Purchases account as a debit (instead of Merchandise Inventory) and Accounts Payable as a credit.
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How Long Does It Take to Get a Tax Refund?
It typically takes 20 to 45 days for your income tax refund to be processed once you have filed your IT returns and confirmed them.
When should I anticipate my tax refund?If you file a complete and accurate paper tax return, you should receive your refund six to eight weeks after the IRS receives it. You should receive your money in less than three weeks if you complete your tax return electronically; direct deposit speeds up the process even further.
In India, what is the maximum tax refund that can be granted?Taxpayers are eligible for an additional Rs. 50,000 income tax credit under section 80CCD (1B), but only if they self-contribute, make a contribution into an NPS account, or sign up for the Atal Pension Yojana.
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consider a standard mortgage (360 months) with monthly payments and a nominal rate (monthly compounding) of 5.30%. what portion of the payments during the first 33 months goes toward interest?
Think about a typical mortgage (360 months), where the payments are made monthly, and the nominal rate (monthly compounding) is 5.10%. The amount of the first 28 months' payments that goes toward principle is 23.02%.
How long do typical mortgage loans last?A typical mortgage might range in length from 10 years to 30 years. Ten or fifteen-year mortgages with short periods are referred to as short-term mortgages. Long-term loans typically have a 30-year tenure.
Which conventional mortgage authenticity?The Standard Mortgage Corporation provides options for refinancing and is licensed to do business in more than 10 US states. It operates the Basic Mortgage Insurance Agency, that offers a variety of options for both personal and commercial insurance protection. established in 1925.
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serena is the ceo of an online retailer. she and her immediate staff have decided to implement a company-wide marketing strategy to improve online sales in central and south america. what type of strategic approach is serena engaging in? multiple choice question.
The type of strategy that Serena is using here is what is called the option 1 Top-down strategic planning.
This is the type of organizational flow where information and other sorts of activities is made to flow from the top to the lower levels of hierarchy. Serena is the CEO and she has asked her subordinates to come up with a a strategy for the company. The strategy known as the "top-down approach" to management entails the decision-making process taking place at the highest level before being communicated to the rest of the team.
This approach is adaptable to the requirements of each group and can be used at the project, team, or even company level. Top predators control a population's structure in some ecosystems. An illustration of a top-down strategy is this one. Other ecosystems, on the other hand, are built from the bottom up.
DISCLAIMER The question is incomplete.
serena is the ceo of an online retailer. she and her immediate staff have decided to implement a company-wide marketing strategy to improve online sales in central and south america. what type of strategic approach is serena engaging in? multiple choice question.
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if consumers always spend 15 percent of their income on food, then the income elasticity of demand for food is
If consumers always spend 15 percent of their income on food, then the income elasticity of demand for food is 1.5. The income elasticity of demand for food can be calculated by dividing the percentage change in the quantity of food demanded by the percentage change in income.
For example, if income increases by 10% and the demand for food increases correspondingly by 15%, then the income elasticity of demand for food will be 1.5 (15% / 10%). This means that a 1% increase in income would lead to a 1.5% increase in food demand. This is because an increase in income leads to an increase in the demand for food because consumers have more disposable income to spend on food.
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a firm's cash flow from investing activities includes: select one: a. cash received from the rendering of services to customers b. cash received from the sale of a plant asset c. cash paid to retire bonds payable d. cash paid as dividends
Cash received from the sale of a plant asset has been considered in firm's cash flow investment activity.
What is firm's cashflow investment activity?Firm’s cash flow investment activity is the process of investing cash generated from operations in order to increase the company’s returns. This includes activities such as reinvesting cash into existing business operations, investing in new businesses or projects, or buying back shares. The main goal of cashflow investment activity is to maximise the return on investment and ensure that the company is making the best use of its capital. Cashflow investment activity can take many forms, such as investing in stocks, bonds, and other financial instruments, taking out loans, and investing in real estate.
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job design is one of the many organizational design decisions managers must make when engaged in the polc function of:
When performing the polc function of organizing, managers must make a number of organizational design decisions.
According to the conventional definition, a manager is only one who is responsible for supervising people's activities. Simply put, managers supervise others' efforts to accomplish goals. In the modern workforce, managers may be in control of particular systems or tasks that don't require human interaction. The manager's main responsibility is to organize the work of every employee in the company and provide the best outcomes possible to guarantee the company's expansion. In order to achieve the best results from the staff, managers have a variety of duties and responsibilities. Final Verdict. The ability to plan a business, make decisions, solve problems, communicate effectively, delegate, and manage time are all examples of management talents.
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you are thinking of purchasing a house. the house costs . you have in cash that you can use as a down payment on the house, but you need to borrow the rest of the purchase price. the bank is offering a -year mortgage that requires annual payments and has an interest rate of per year. what will be your annual payment if you sign this mortgage?
The house would cost $300,000 to build. You have $43,000 in money that you can put toward a down payment on a house, but the rest of the money must be borrowed.
What does it mean to make a down payment?A mortgage payment on a cottage is the cash paid upfront by the buyer in a real estate transaction or other large purchase. For a primary residence, down payments are generally a percentage of the purchase cost and can range from as little as 3% to as high as 20%.
What is the term for a down payment on a house?A down payment, also known as a deposit in British English, is a beginning up-front partial payment for the acquisition of expensive goods or services as a car or a house. It is usually paid in cash or equivalent at the time of finalizing the transaction.
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why can a closed-end investment company sell for a discount from nav but a mutual fund cannot sell for a discount?
A closed-end investment company and a mutual fund are both investment vehicles that allow individuals to pool their resources to purchase a diversified portfolio of securities.
However, there are some key differences between the two that explain why a closed-end investment company can sell for a discount from its net asset value (NAV) while a mutual fund cannot.
A closed-end investment company issues a fixed number of shares, which are traded on an exchange like a stock. The price of a closed-end fund's shares is determined by supply and demand on the market, and may be above or below the fund's NAV. If the demand for the fund's shares is low, the price may fall below the NAV, creating a discount.
On the other hand, a mutual fund is an open-end investment company that issues and redeems shares as needed to meet investor demand. The price of a mutual fund's shares is always equal to its NAV, as investors can buy or sell shares at the NAV price at any time. A mutual fund does not trade on an exchange, and its price is determined by the value of its underlying assets, rather than supply and demand.
Another difference between closed-end funds and mutual funds is leverage. Closed-end funds may use leverage, meaning they borrow money to invest, which can amplify their returns but also increase their risk. This leverage can contribute to price fluctuations and the possibility of a discount from the NAV. Mutual funds, on the other hand, are typically not allowed to use leverage, which helps to limit price fluctuations and maintain a consistent NAV.
In conclusion, the key differences between closed-end funds and mutual funds, such as their structure, pricing mechanism, and the use of leverage, explain why a closed-end investment company can sell for a discount from its NAV while a mutual fund cannot. The discount in a closed-end fund can reflect the supply and demand for its shares on the market, as well as the risk associated with the fund's use of leverage.
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which is the most recent film to join the two billion dollar club at the box office?
The most recent film to join the two-billion-dollar club at the box office is Avengers: Endgame (2019).
Directed by Anthony and Joe Russo, the film is the second installment in the Avengers series and a direct sequel to Avengers: Infinity War (2018). Endgame follows the remaining Avengers as they attempt to undo Thanos' decimation of half of all life in the universe.
It features an ensemble cast including Robert Downey Jr., Chris Evans, Mark Ruffalo, Chris Hemsworth, Scarlett Johansson, and Josh Brolin. Since its release on April 26, 2019, the film has become the highest-grossing film of all time, surpassing the previous record held by Avatar (2009). As of June 28, 2020, Avengers: Endgame has earned a staggering $2.797 billion in global ticket sales.
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which answer best describes an advantage of shipping goods by canal? most towns would rather have canals than noisy railroads. goods transported over the water were less likely to spoil. travelling by boat is a much more relaxing way to transport goods. heavy loads of goods could travel by boat more quickly and cheaply than if pulled by horses.
The best describes an advantage of shipping goods by canal most towns would rather have canals than noisy railroads.
What are the benefits of canal shipping?The building of canals reduces the length of shipping routes by creating new, more direct pathways through the terrain. These closer distances provide for time and cost savings for vessel operations.
What system of canals was created to help with transportation in the northeast?The opening of the Erie Canal sparked the first significant westward migration of American settlers, provided access to the fertile land and abundant resources west of the Appalachians, and elevated New York to the position as the country's leading commercial hub.
How did canals and railroads help in shipping?By linking the Hudson River to Lake Erie, the Erie Canal made trade with the West easier. Railroads reduced travel times across the nation, making it simpler and more affordable to convey people and products.
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Answer:
shipping goods
Explanation:
yes
which one of the following activities are not part of revenue cycle monitoring process. a. Accounts Receivable
b. Inventory
c. Sales
d. Cash
Usually, the inventory account is not considered to be a component of the revenue cycle.
What is a revenue cycle example?For instance, a salesperson may get in touch with potential clients if the JKL Corporation manufactures widgets and advertises those widgets through a sales crew. When a salesperson receives an order, the standard practice can be to look up company data to make sure there is enough inventory on hand.
What is the revenue cycle's fifth step?The remittance cycle step five is remittance processing. A practice will receive remittances once its claims have been processed. The benefits explanation outlines how much the practice was compensated for the services rendered. Allowables are established during this procedure.
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true or false: the ppp adjustment is used in business to balance credits and debits at the end of the accounting cycle. true false question. true false
This statement is False. A PPP adjustment is short for a "purchasing power parity" adjustment, which is an adjustment to the exchange rate between two countries.
When the exchange rate between two countries is adjusted using the PPP adjustment, it takes into account the different purchasing power of the two countries. For example, a currency that has a higher purchasing power in one country than another will be adjusted upwards in exchange rate. This helps create a more accurate comparison between the two countries' currencies as well as their cost of living. This adjustment does not directly affect the end of the accounting cycle.
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rick worked 49 hours last week. he earns $13.40 per hour plus overtime, at the usual rate, for hours exceeding 40 hours. what was his gross pay?
Rick's gross pay is unknown based on the information given by the question, but it should be more than $656.60. However, if we assume that his overnight rate is 1.5x, then his gross pay would be $716.90.
Gross pay, sometimes also called gross income, is the amount of money that employees earn before taxes, benefits, and other payroll deductions are applied to their salary.
From the question, we are given this information:
Rick worked for 49 hours.He earns $13.40 per hour + overtime.Overtime is applied for hours exceeding 40 hours.Based on the information only, we can ONLY figure out how much Rick earns for 49 hours WITHOUT calculating his overtime rate. That's because the rate for his overtime is not given.
Therefore, Rick's gross pay would be
AT LEAST $13.40 per hour * 49 hours = $656.60
If we're allowed to ASSUME that Rick's overtime rate is 1.5x his normal rate, then his gross pay would be:
($13.40 per hour * 40 hours) + ($13.40 per hour * 1.5 * 9 hours)
= $536 + $180.9 = $716.90
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during the year, belyk paving company had sales of $1,745,000. cost of goods sold, administrative and selling expenses, and depreciation expense were $880,000, $470,000, and $385,000, respectively. in addition, the company had an interest expense of $195,000 and a tax rate of 21 percent. ignore any tax loss carryforward provision and assume interest expense is fully deductible. the company paid out $370,000 in cash dividends. assume net capital spending was zero, no new investments were made in net working capital, and no new stock was issued during the year. calculate the firm's new long-term debt added during the year.]
The firm's new long-term debt added during the year is $223,850.
To calculate the firm's new long-term debt added during the year, we need to determine its net income, and then subtract the cash dividends paid and net capital spending (which is assumed to be zero).
First, let's calculate the company's net income:
Sales: $1,745,000
Cost of goods sold: $880,000
Gross profit: $1,745,000 - $880,000 = $865,000
Administrative and selling expenses: $470,000
Depreciation expense: $385,000
Operating expenses: $470,000 + $385,000 = $855,000
Operating profit: $865,000 - $855,000 = $10,000
Interest expense: $195,000
Operating profit before taxes: $10,000 - $195,000 = -$185,000
Taxes (at a 21% rate): -$185,000 * 0.21 = $38,850
Net income: -$185,000 + $38,850 = -$146,150
Next, subtract the cash dividends paid and net capital spending from the net income:
Net income: -$146,150
Cash dividends paid: -$370,000
Change in long-term debt: -$146,150 - (-$370,000) = $223,850
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on december 30, you make a $3,500 charitable donation. a. if you are in the 10 percent tax bracket, how much will you save in taxes for the current year? (assume your other itemized deductions exceed the standard deduction amount.)
Savings in tax for the current year is $350.
Savings in tax in current year,
= $3,500 x 10%
= $350
Donations to charity organizations may be deducted from one's taxable, lowering one's overall tax obligations.
Information on charitable donations has been utilised in several economic studies to identify potential underreporting of income.
The amount of tax saved is the sum of the gift and the marginal tax rate if the charitable donation is totally exempt, meaning that your taxable income might be reduced by the whole amount of the donation.
A tax savings is a decrease in the amount of taxes paid by a person, corporation, or other taxpayers.
After submitting an income tax return, this may lead to a decrease in the amount of income tax withheld or the overall tax obligation. Deductions, exemptions, and credits frequently lead to reduced tax obligations.
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in 2007 a company sold 35,000 mp3 players at $150 each. in 2008 the same company sold 40,000 mp3 players at $170 each. this information suggests that:
This information indicates that the company experienced an increase in sales from 2007 to 2008. The number of MP3 players sold increased by 5,000 and the price per unit increased by $20.
This suggests that the company was able to increase its sales by offering a higher quality product at a slightly higher cost. The company has also probably increased their advertising and marketing strategies to make more people aware of their product. Overall, this information suggests that the company was able to capitalize on the increased demand for MP3 players by offering a higher quality product at a competitive price.
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which life cycle model requires the most continuous dedicated time commitment from the business client, particularly during the requirements phase?
Rapid Prototyping is the life cycle model requires the most continuous dedicated time commitment from the business client, particularly during the requirements phase
Rapid prototyping is the quick manufacture of an actual part, model or gathering utilizing 3D computer aided design (CAD). The production of the part, model or gathering is generally finished utilizing added substance assembling, or all the more regularly known as 3D printing.
Rapid prototyping utilizing specific laser dissolving Where the plan intently matches the proposed completed item it is supposed to be a high devotion model, instead of a low loyalty model, where there is a noticeable contrast between the model and the end result.
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when faced with potentially unpopular choices, having a team develop potential solutions and implementation methods can result in what? group of answer choices
When faced with potentially unpopular choices, having a team develop potential solutions and implementation methods can result in Increased acceptance. (B)
It cause increased acceptance of the proposed solutions by allowing for more perspectives to be incorporated into the decision-making process.
Having many people involved in the consideration of different outcomes, as well as different ways of implementing the solution that are discussed. This can lead to a more detailed and comprehensive understanding of the problem and hence more paractical solution which is better when it is accepted by the team and other stakeholders.
Having a team involved in the process which may lead to conflict resolution, as different points of view can be discussed which finally leading to a more unified decision-making process.
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Complete question:
When faced with potentially unpopular choices, having a team develop potential solutions and implementation methods can result in what?
A) Increased information
B) Increased acceptance
C) Higher performance levels
D) Lower costs
E) Hidden agendas
what is the most prevalent opportunity within most companies to commit fraud? a) weaknesses in the design of internal controls 20) b) failure by management to enforce the internal controls c) lack of internal controls designed by management d) management's belief that most employees would not commit fraud
Correct answer is option C. Lack of internal controls designed by management is the most prevalent opportunity within most companies to commit fraud.
Internal control is a process carried out by a company's board of directors, management, and other employees that is intended to do is provide reasonable assurance: That information is trustworthy, correct, and timely.
In terms of adhering to applicable laws, regulatory requirements, contracts, policies, and procedures. In terms of the dependability of financial reporting Internal controls are designed to prevent mistakes and irregularities, identify problems, and ensure that appropriate corrective action is taken.
Many times, process owners in your department perform restrictions and communicate with the control structure on a regular basis, without even realising it because controls are built in to the operations.
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as of december 31, year 1, moss company had total cash of $163,000, notes payable of $86,300, and common stock of $53,100. during year 2, moss earned $43,000 of cash revenue, paid $23,500 for cash expenses, and paid a $3,700 cash dividend to the stockholders. required: a. determine the amount of retained earnings as of december 31, year 1. b.
The amount of retained earnings as of December 31, Year is $23,600.
Total cash = $163,000
Notes payable = $86,300
Common stock = $53,100
Cash revenue earned = $43,000
Cash expenses paid = $23,500
Cash dividend paid = $3,700
The accounting equation is as follows:
Assets = Liabilities + Stockholders' equity
cash = Notes payable + common stock + Retained earnings
$163,000 = $86,300 + $53,100 + Retained earnings
Retained earnings = $163,000 - $86,300 - $53,100
= $23,600
Retained earnings are how much benefit an organization has left over in the wake of paying all its immediate expenses, backhanded costs, personal duties, and its profits to investors. This addresses the part of the organization's value that can be utilized.
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what were the company’s predetermined overhead rates in the molding department and the fabrication department?
The moulding department as well as the fabrication department have set overhead rates of 5.4 per hour.
What is called fabrication?Fabricated is the process of creating items using a combination of parts that are frequently standardised and one or more unique techniques. For instance, in steel fabrication, metal structures are created using a range of methods, such as cutting, bending, or assembling.
What is an example of fabrication?This same following are some illustrations of fabrication or falsification: producing data artificially when it should coming from a real experiment Unauthorized tampering with or fabrication of material, texts, images, audio, video, music, or other works.
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do your suggestions fall mostly into the accounting, shareholder, or economic point of view on competitive advantage?
Regarding competitive advantage, there are several different approaches that can be taken, including accounting, shareholder, and economic perspectives, among others. Each perspective has its own set of assumptions and methods for evaluating and measuring competitive advantage.
In general, accounting perspective on competitive advantage focuses on the financial performance of a company, shareholder perspective considers how a company's actions can benefit its shareholders, and economic perspective looks at how a company can achieve and maintain a competitive edge in the marketplace.
Depending on the specific question or topic being discussed, any of these perspectives could be relevant, and my responses would be tailored accordingly.
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Regarding competitive advantage, there are several different approaches that can be taken, including accounting, shareholder, and economic perspectives, among others.
Each perspective has its own set of assumptions and methods for evaluating and measuring competitive advantage.
In general, accounting perspective on competitive advantage focuses on the financial performance of a company, shareholder perspective considers how a company's actions can benefit its shareholders, and economic perspective looks at how a company can achieve and maintain a competitive edge in the marketplace.
Depending on the specific question or topic being discussed, any of these perspectives could be relevant, and my responses would be tailored accordingly.
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2) would you be more satisfied in a large, formal organization or in an organization that emphasizes a human resources or even bossless perspective?
There is no ideal structure or management approach for an organization. A range of issues that arise from the design itself can affect any form, too. When a business tests a new form, this is especially true.
What is Problems of Matrix Organizations?In this essay, we'll take a closer look at the matrix, a relatively new organizational structure that has recently grown incredibly popular despite having some serious pathologies. Let's take a quick look at matrix management and organization first, as well as how prevalent it is in modern American industry, before talking about the problems with it.
There is a growing and impressive list of well-known businesses that use matrices in some capacity. Think of General Electric, for instance, which generates $14 billion in revenue annually and employs around 400,000 people across a wide range of industries.
GE employed a single fundamental organizational structure for decades, with five functional managers answering to a single general manager, in spite of the diversity of its businesses.
Some GE companies, divisions, and departments have chosen the matrix as a fundamental replacement for the pyramid shape, reasoning that an organization must be structured to match the unique needs of each business.
The Complete Question is :
What is Problems of Matrix Organizations?
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Cost of raw materials is debited to Raw Materials Inventory when the materials are put into production. bill for the materials is paid. materials are ordered. materials are received.
When the materials are received, the cost of the raw materials is deducted from the raw materials inventory. The term "raw materials" describes the fundamental inputs or resources that a business employs to create a finished good. These materials may contain tangible
Basic resources or unprocessed substances used as inputs in the manufacture of commodities are referred to as raw materials. These can take the shape of manufactured materials like plastic or metal or natural resources like metals, crops, or timber. Because it influences the price and quality of the finished product, the procurement of raw materials is a crucial step in the production process. You may either gather raw materials through mining or other forms of harvesting, or you can buy them from vendors. To prevent the depletion of natural resources and adverse effects on the environment and communities, it is crucial to assure the sustainability and moral sourcing of raw materials.
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the corporate office has determined that the company vision needs to be amended. what should corporate leaders do to increase the likelihood that employees will accept this change?
To increase the likelihood that employees will accept the amendment of the company vision, corporate leaders should consider steps like Communication,Involvement,Training,Lead by example,Celebrate successes.
A corporate leader is a company's senior executive. Together with other executives, they can assess the business's performance, develop and implement rules for all employees, and Explain the changes' justifications and how they fit with the organization's values and objectives in a straightforward and open manner. Encourage employee participation and give them the chance to provide suggestions and ask questions.
To assist staff members in comprehending and internalising the new vision, provide training and resources.
Lead by example: Set a good example for your team by acting in a way that aligns with the attitudes and principles that the new vision demands.
Celebrate accomplishments: Emphasize and rejoice in the achievements brought about by the realisation of the new vision.
Corporate executives can raise the possibility that staff members will accept and support the modification of the business vision by adopting these actions.
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if ms. jekyll wants to earn a $55 profit on each package of software she sells at a trade show, what price must she charge at sales volumes of 500, 550, 600, 650, or 700 units?
To earn a $55 profit on each package of software sold at a trade show, Ms. Jekyll must charge;:
$110 for each package when selling 500 units, $115 for each package when selling 550 units,$120 for each package when selling 600 units$125 for each package when selling 650 units$130 for each package when selling 700 units.Package software is a collection of programs that are bundled together and sold as a single unit. The individual programs in a package often serve related functions or have similar features, and are designed to appeal to a large audience of users. Package software can include applications, libraries, drivers, and other software components, and can be licensed, downloaded, or subscribed to as a bundle of related products. In addition, package software can be used as dependencies in software development, allowing developers to easily integrate existing packages into their projects.
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chelsea, inc. uses the job costing method and uses direct labor hours as the allocation base. in 2016, the company estimated that they would incur 250,000 direct labor hours and total overhead costs of $2,500,000. actual overhead costs for job 3489 were $275,000 and actual direct labor hours were 28,000. what is the predetermined manufacturing overhead (moh) rate per direct labor hour (dlh)? (round your answer to the nearest $.01)
The amount of manufacturing overhead allocated to Job 3489 is $280,000.
Direct labor hours = 250,000
Total overhead costs = $2,500,000.
Actual overhead costs = $275,000
Actual labor hours = 28,000
Calculating the predetermined overhead rate:
= Total estimated overhead costs / Total amount of allocation base
Substituting the values -
= 2,500,000 / 250,000
= 10
= $10 per direct labor hour
Allocating the manufacturing overhead:
= Estimated manufacturing overhead rate x Allocation base
= 10 x 28,000
= 280,000
Complete Question:
Chelsea, Inc. uses the job costing method and uses direct labor hours as the allocation base. In 2016, the company estimated that they would incur 250,000 direct labor hours and total overhead costs of $2,500,000. Actual overhead costs for Job 3489 were $275,000 and actual direct labor hours were 28,000. Which of the following represents the MOH allocated to Job 3489?
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today we use the word bureaucracy to refer to any organization that has many departments. please select the best answer from the choices provided t f
Today, any firm with numerous divisions is referred to as being bureaucratic, which is incorrect because bureaucracy is associated with government management.
Both a collection of non-elected leaders and an administrative policy-making body are referred to as bureaucracies.
The value of bureaucracy is ensuring that governmental duties are completed successfully and effectively by qualified experts who are thought leaders in their industries and are able to handle their tasks with a high degree of competence. They ensure that laws are implemented uniformly and fairly. They are responsible for supplying information and assistance to common people who need it since they are an essential component of public administration and governance.
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Answer: the answer is true (a)
Explanation: hope it helps
The quantity supplied of a good or service is the amount that _________ (a) is actually bought during a given time period at a given price, (b) Producers wish they could sell at a higher price (c) Producers are willing to sell during givenn time period at a given price, (d) people are willing to buy during a given time period at a given price
The quantity supplied of a good or service is the amount that producers plan to sell during a given time period at a given price
What is quantity supplied vs supply?The supply shows how much the market is capable of providing at certain costs. The amount of commodities that producers will supply at a particular price is represented by the quantity supplied. The supply schedule or supply curve shows how much of a certain product is available. Quantity supplied is the amount of a good that manufacturers are willing to sell at a specific price at a specific time. When a certain period comes around, different volumes can be offered at various costs. When factor prices rise, suppliers should be less willing to offer as much as possible, which will cause the supply curve to shift to the left. The supply curve moves to the right when factor prices are decreased because suppliers will offer more product at any price.
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