Purchases and sales of long-term assets such as land and equipment are included in the investing activity section of the statement of cash flows Investing activity in accounting refers to the purchase and sale of non-current assets and other business investments within a specified reporting period.
A company's reported investment activity reflects the total investment gains and losses incurred over a period of time .Investing cash flow is the section of the cash flow statement that shows cash generated or spent in connection with investing activities. Investing activities include purchasing real estate, investing in securities, or selling securities or assets. Negative cash flow from investing activities may not be a bad sign if management is investing in the long-term health of the company.
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what are the major resource depencies for high-end restaurants? that is, who do they depend on most for critical resources needed to survive?
You need quality kitchen and front office utilities that you can source from a trusted supplier or manufacturer. We design the appliances, cutlery, and other equipment you need to hold your table, chairs, stove, oven, and run your restaurant.
Project dependencies, also known as task dependencies, are order-based relationships between tasks. A dependent task requires one or more other tasks to be completed or started before the team can begin work. Think of project dependencies as a set of gears that cannot move forward without each other. By creating and using dependencies, your workflow can be completed correctly every time.
Project management has five main dependencies. The four internal dependencies are based on logic, resources, configuration and best practices, and cross-team dependencies. Additionally, some dependencies come from external sources.
The most important dependencies for project management are:
Logical: Logical dependencies follow logically based binaries. B. if-then statements. Some tasks must be completed before others are completed. A logical dependency follows a predictable path from beginning to end.Resource-based: Resource-based dependencies deal with available resources rather than task completion. Resource dependencies can focus on availability of labor, funds, materials or software, and upgrades.Overriding: Overriding dependencies refer to best practices for completing a task. These dependencies suggest that it is best to let the glue dry or mature the data before proceeding to the next task in the sequence.Cross-team: Cross-team dependencies relate to deliverables and tasks completed by other teams.Learn more about Manufacturer:
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Which of the following documents conveys title to a property at the time the purchaser completes the performance of the obligation called for in the document?
(A) Junior mortgage
(B) Package mortgage
(C) Purchase-money mortgage
(D) Land contract
The document that conveys title to a property at the time the purchaser completes the performance of the obligation called for in the document is (D) Land Contract.
A Land Contract, also known as a contract for deed, is an agreement between the seller and the buyer where the seller retains legal title to the property and the buyer makes payments until they have paid in full and the seller transfers the title to the buyer. In a land contract, the buyer is considered to have equitable title to the property and has the right to possess and use it until full payment is made. The land contract allows for the transfer of ownership without the involvement of a third party such as a bank or mortgage lender, which makes it an alternative form of financing for those who may not qualify for traditional mortgage loans
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a customer slipped and fell in a store, suffering a severe injury. several weeks after the accident, anticipating that the customer would file an action against it, the store's attorney had the store manager interview any employees who were near the accident to determine what they saw or heard. the store manager did so, taking handwritten notes. the notes are now in the store's possession. the customer subsequently filed a civil action against the store in federal district court. the complaint alleged that the store negligently left a spill on the floor of the store, causing the customer's fall. the customer's attorney served on the store a request for production of documents, which included a request for all documents and reports prepared by the store that relate to the customer's fall and injury. must the store produce to the customer the notes taken by the store manager when he interviewed the store's employees?
It depends on the jurisdiction and the rules of evidence in the federal district court in which the case is being heard. Generally, in the discovery phase of a civil action, parties are required to produce relevant documents in their possession that are not privileged. However, whether the notes taken by the store manager are considered privileged and therefore exempt from production is a question that would depend on the jurisdiction's laws regarding attorney-client privilege and/or work-product doctrine. If the notes were taken in anticipation of litigation and for the purpose of obtaining legal advice, they may be protected from production under the attorney-client privilege or work-product doctrine. If the notes are not considered privileged, the store would generally be required to produce them in response to the customer's request for the production of documents.
What is a civil case?
A civil case is a non-criminal legal dispute between parties over rights or damages, resolved through evidence and argument in court.
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does krispy kreme give you free donuts for good grades
Unfortunately, Krispy Kreme does not offer free donuts for good grades.
However, the company does have a rewards program that provides customers with exclusive offers and deals. Customers can sign up for the rewards program and earn points for every purchase they make. These points can then be redeemed for free donuts and other goodies.
Although Krispy Kreme doesn't offer free donuts for good grades, customers can still enjoy the delicious treats and save money while doing so.
Additionally, Krispy Kreme has a variety of other ways to save, including limited-time offers, discounts, and coupons. With so many ways to save, it's easy to enjoy Krispy Kreme and still get a good deal.
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Showrooming involves searching for a product online to compare prices and then going to a physical store to buy it.true or false
Answer:
Explanation:
As per above statement answer would be false. Showrooming has deeply impacted the retail market in the past decade.
As consumers became able to easily differentiate prices on their mobile devices, they started using retail stores to try on and experience commodities and then they ordered online the less priced versions they liked best to be delivered straight to their places.
As retailers are working to adapt to the showrooming problems and the shift to online purchases, stores are getting high adopting showrooming as a new selling format. We show instance of successful showrooming and foster a framework for when the new selling structure can be expected to be utilized.
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tucker conducted a study on whether the length of the line at a local starbucks affected how well the customers enjoyed their coffee after receiving it. ellen and angie conducted the study at each of their local starbucks as well and found the same results. from this example, it is clear that tucker’s study had a high level of ___?
Tucker's study exhibited a high degree of replicability, which is an essential aspect of the scientific method.
Replicability involves performing the same experiment or study with different participants in different locations and seeing if the same results are obtained.
In Tucker's study, Ellen and Angie replicated the experiment and found the same results, indicating that the original results were not a fluke or an outlier. This demonstrates that the study was conducted properly and that the results can be trusted, as they have been replicated in various contexts.
Replicability is a crucial element of any replicability study, as it allows the results to be verified and accepted as valid and reliable. Tucker's study shows that it had a high level of replicability, making it a trustworthy and valid scientific study.
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gina announces that she would lose her job as her company is considering to offshore her job to another country. in this case, gina is most likely to be working in a job that requires her to:
Gina is most likely doing a profession that demands her to in this situation, which includes:Analyst reliability is impacted by gender and race.
What potential issues could arise with job analysis? Gina informs her coworkers that she will be laid off since her employer is thinking about outsourcing her position to a foreign nation.Gina is most likely doing a profession that demands her to in this situation, which includes:Analyst reliability is impacted by gender and race.Inadequate time and resources, incumbent bias, incorrect communication, use of the wrong questionnaires and other forms, lack of verification and evaluation of the job analysis process, and a lack of compensation are just a few additional potential issues that could arise.Basis for job appraisal is provided by job analysis.In order to establish the job's relative worth, which in turn influences job compensation, a job evaluation is performed.To learn more about job analysis refer
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What step of the marketing plan is developed after a marketer has completed the situation analysis?
a. competition analysis
b. marketing strategy
c. BCG matrix
d. SWOT analysis
e. mission statement
After completing the situation analysis, the next step in the marketing plan is to develop the marketing strategy. So, the correct answer is Option B.
The situation analysis helps the marketer understand the current market situation, and the marketing strategy outlines how the company will address the opportunities and challenges identified in the situation analysis.
The marketing strategy includes defining the target market, determining the marketing mix (product, price, promotion, and place), and setting goals and objectives. The marketing strategy serves as a blueprint for the rest of the marketing plan and provides the direction for the company's marketing efforts.
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How would you characterize the income elasticity of demand of the product?
The answer is income elasticity of demand refers to how responsive a demand for a good is to variations in consumer income.
What is elastic versus inelastic economics?A demand that is elastic experiences a significant shift in quantity demanded as a result of a price adjustment. When a change in price only slightly affects the quantity demanded, this is known as an inelastic demand. The demand is elastic if the formula produces an absolute value greater than 1.
What are the many kinds of elasticity?Elasticity of demand is typically divided into three categories based on the various variables that influence the quantity of a product that is demanded: Price Elasticity of Demand (PED), Cross Elasticity of Demand (XED), and Income Elasticity of Demand (YED). Let's examine them in more detail and consider some of their examples.
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Assume that England and Spain can switch between producing cheese and producing bread at a constant rate. Labor Hours Needed to Make 1 Unit of Number of Units Produced in 40 Hours Bread 4 Bread 10 Cheese England Spain 40 10 4 Refer to Table 3-5. If England and Spain each spends all its time producing the good in which it has a comparative advantage and the countries agree to trade 2 units of bread for 6 units of cheese, then England will consume a. 34 units of cheese and 12 units of bread and Spain will consume 6 units of cheese and 3 units of bread. B. 34 units of cheese and 12 units of bread and Spain wil consume 16 units of cheese and 3 units of bread c. 34 units of cheese and 2 units of bread and Spain will consume 16 units of cheese and 3 units of bread d. 34 units of cheese and 2 units of bread and Spain will consume 6 units of cheese and 3 units of bread
Opportunity cost is the forgone benefit that would have been gotten from an option not picked.
England opportunity cost of production of Cheese = 10 bread / 40 Cheese = 0.25 bread England opportunity cost of production of Bread = 40 cheese / 10 bread.
To appropriately evaluate opportunity costs, the costs and benefits of each and every option available should be considered and weighed against the others.
Considering the value of opportunity costs can direct individuals and organizations to more profitable decision-making.
Opportunity cost is a stringently internal cost utilized for strategic contemplation; it is excluded from accounting benefit and is prohibited from external financial revealing.
Examples of opportunity cost remember putting for another manufacturing plant in Los Angeles rather than Mexico City, choosing not to upgrade company hardware, or picking the most costly item packaging option over cheaper options.
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the real world has moved away from using blank for calculating future and present values. multiple choice question. mathematical formulas time value of money tables financial calculators spreadsheets
The real world has moved away from using time value of money tables for calculating future and present values.
What is time value of money tables?The table is utilized similarly to the previously stated time value of money tables. To calculate the present value of a future amount, identify the proper number of years and interest rate, then multiply the resultant factor by the future value.
While a solid solution, a financial calculator is more accurate due to rounding issues. Inflation may be calculated using tables, but it must be factored into your discount rate.
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suppose a country has 1 billion people. seventy-five percent of its citizens are in the labor force, with 90 million unemployed. full employment occurs at 2 percent. based on this information, what is the unemployment rate?
Consider a nation with a billion inhabitants. The country's unemployment rate is 10%, while of its population are employed.
Unemployment rate = Number unemployed / Labor force * 100%
The number of people who are unemployed are:
= Labor force - Employed people
= 1,00,00,000 - 90,00,000
=100,000 people
Unemployment rate = 100,000 / 900,000 * 100%
= 10%
Being able to work and actively looking for job yet unable to do so is known as unemployment. It's vital to remember that in order to qualify as unemployed, a person must be actively seeking gainful employment in the labor sector.
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On January 1, 2021, White Water issues $540,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. The market interest rate on the issue date is 6% and the bonds issued at $580,169
1. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021 and December 31,2021
Bond issue on January 1, 2021 is Cash $ 580,169 Premium on Bonds Payable is $ 40,169 and Bonds Payable is $540,000. first two semiannual interest payments are $18900.
The amount that the issuer owes bond holders is kept in an account called "Bonds Payable." Due to the fact that bonds often have a longer maturity period than one year, this account is typically seen in the long-term liabilities area of the balance sheet. Public utilities typically issue bonds to help finance a new electric power plant, hospitals typically issue bonds for new construction, and governments typically issue bonds to fund projects, cover operating deficits, or redeem older bonds that are approaching maturity. Because it is expected to be paid within the next year, bond interest payable is categorized as a current liability.
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when ted, a freshman from madison, saw the culver's sign in a promotional campaign, it reminded him of the delectable burger and custard he had had at the restaurant a few months before. this is an example of .
Ted was delighted when he saw the Culver's sign in a promotional campaign. It brought back fond memories of the delicious burger and custard he had enjoyed a few months ago when visiting the restaurant in Madison. This is an example of brand recognition.
Brand recognition is the ability for a consumer to identify a product or service just by seeing the logo or branding. Brand recognition is an important factor for businesses as it builds a connection between consumers and the company restaurant, creating loyalty and trust among consumers.
It also helps customers who are looking for a particular product or service to quickly identify the business that can provide it. When consumers recognize a brand, they are more likely to purchase that product or service and become loyal customers. Brand recognition is a powerful tool for businesses to use to gain and maintain customers.
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Identify which user of accounting information would mainly use managerial accounting information. The controller is usually responsible for general financial accounting, managerial accounting, and tax reporting.
Financial accounting often oversees finance or accounting, both of which are in charge of creating the financial statements for the organisation.
The finance department or a different management may also be involved in managerial accounting and tax reporting. However, the CFO would still be in charge of the same department (chief financial officer).
Creditors, tax authorities, investors, customers, and regulatory bodies would most likely utilise financial accounting information. These consumers are worried about financial status, accounting information disclosure, credibility, and credit worthiness.
The management, employees, and owners would most likely utilise managerial accounting information.
Owners, investors, and consumers are the users who utilise both.
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if there is excessive idle time for equipment on the job, to what factor may this attribute?
If there is excessive idle time for equipment on the job, a factor that may this attribute condition is lack of demand for the product being product.
What does an idle time mean in production process?Idle time, also known as waiting time, is the time when an asset—a machine or an employee—is ready and available to work but does nothing productive. Idle time is the time when a viable piece of equipment is not scheduled to run or stops working because there is no demand.
Businesses use maintenance management software to reduce downtime and increase efficiency. This idle time applies to a facility's machines, employees, and equipment. Too much idle time leads to a lack of productivity, which leads to money being left on the table.
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describe the importance of regulation for managers and explain the interest group model of regulation
Regulations are significant because they define what you can and cannot do in business.
What is interest group model of regulation?The interest groups have both supporters and also detractors. Critics argue that they only benefit those with significant wealth and power.An interest group's primary goal is to influence the public policies in favor of themselves or their causes. Other goals of these organizations include educating the public and policymakers on the issues they seek to address.A special interest group (SIG) is a community within a larger organization that has a shared interest in advancing a specific area of knowledge, learning, or technology. Members collaborate to affect or produce solutions within their specific field, and may communicate, meet, and organize conferences.To learn more about interest group refer to :
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tuva's supervisor wants to share a recent audit outside the organization. tuva warns him that this type of audit can only be read by those within the organization. what audit does tuva's supervisor want to distribute?
The audit does Tuva's supervisor want to distribute is SSAE SOC 2 type II.
What is Tuva's supervisor?Threat hunting is an aggressive technique based on the "assumption of the breach," which assumes that attackers are already inside an organization's network, surreptitiously observing and moving throughout it.
Credential-based vulnerability assessments, which employ the admin account, provide a more complete analysis by looking for flaws that are not visible from the network. Non-credentialed scans, on the other hand, give a rapid view of vulnerabilities by merely looking at network services accessible by the host.
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solve the marketing myopia issue with nokia company by suggesting the best solution to regain the position?
Marketing myopia refers to a narrow focus on short-term product sales and profitability, at the expense of long-term business growth and customer satisfaction. This issue was faced by Nokia, a once dominant player in the mobile phone industry, as it failed to keep pace with the rapid changes in technology and consumer preferences.
To regain its position, Nokia needs to adopt a customer-centric approach and focus on understanding the evolving needs and preferences of its target market. This can be done by conducting market research, regularly engaging with customers, and leveraging customer feedback to drive product and service innovation.
In addition, Nokia should expand its product portfolio to include a wider range of devices and services that cater to the needs of different customer segments.
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dividends paid by the firm . group of answer choices are tax deductible. increase the firm's equity. are treated as an operating expense. are considered a non-cash expense. are paid out of net income.
Dividends paid by the firm are considered non-cash expenses and are paid out of net income.
Dividends are a way for a corporation to distribute its profits to its shareholders. When a company pays dividends, it is distributing a portion of its net income to its shareholders in the form of cash payments or stock. This payment is considered a non-cash expense because it does not directly involve the exchange of cash, but rather a transfer of wealth from the company to its shareholders.
Dividends increase the firm's equity because they reduce the amount of retained earnings that the company has, which is one of the components of stockholders' equity. The payment of dividends reduces the company's assets and increases its liabilities because it results in a transfer of wealth from the company to its shareholders.
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according to the wall street journal, a startup company’s ability to gain funding is a key to success. the funds raised (in millions of dollars) by
according to the wall street journal, a startup company’s ability to gain funding is a key to success. the funds raised (in millions of dollars) by:- 50 startup companies.
A startup is a company that is in the initial phases of business.
Originators ordinarily finance their startups and may endeavor to draw in external investment before they make headway.
Funding sources include loved ones, financial speculators, crowdfunding, and loans.
Startups should likewise consider where they'll carry on with work and their legitimate design.
Startups accompany high gamble as disappointment is entirely conceivable however they can likewise be exceptionally interesting work environments with incredible advantages, an emphasis on innovation, and extraordinary chances to learn.
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when the value of a loyal customer (vlc) market segment is high, should these customers be given premium goods and services for premium prices? if the vlc is low, should they be given less service?
Loyal customer frequently stick to one brand. They are incapable with cost until and except if the assistance given by the organization is great. The devoted client are the client who gives greatest benefit to the organization straightforwardly and in a roundabout way.
One clear explanation is they give benefit to the labor and products bought and other is they spread the words to others which can tend to becomes expected client there by expanding deals income. Subsequently with this advantage, the organization ought to give steadfast client premium labor and products at premium cost.
On the off chance that the worth of the dependable client is low, the organization should attempt to make possible client. This should be possible by offering great assistance and quality item at right cost.
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Which of the following statements concerning buy-sell agreements is true?A.) Benefits received are considered income taxable.B.) Buy-sell agreements pay in the event of a medical emergencyC.) Buy-sell agreements are normally funded with a life insurance policyD.) Premiums paid are deductible as a business expense
Statement D is correct. Premiums paid for a life insurance policy to fund a buy-sell agreement are deductible as a business expense.
A buy-sell agreement is a contract between co-owners of a business that outlines what will happen if one of the owners dies, becomes disabled, or otherwise wants to leave the business. The agreement typically provides for the purchase of the departing owner's share of the business by the remaining owners or by the company itself. With regards to taxes, the premiums paid for a life insurance policy to fund a buy-sell agreement are generally deductible as a business expense. Benefits received from a buy-sell agreement upon the death or disability of an owner are generally considered income taxable to the recipient. It's important to note that the tax treatment of buy-sell agreements can vary depending on the specific details of the agreement and the jurisdiction in which the business operates. In conclusion, statement D is correct. Premiums paid for a life insurance policy to fund a buy-sell agreement are deductible as a business expense. he purpose of a buy-sell agreement is to provide a framework for the orderly transfer of ownership in the event of a triggering event, such as the death, disability, or retirement of a partner or shareholder. The agreement helps to ensure that the business can continue to operate smoothly and protects the interests of all parties involved.
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For each of the following scenarios involving the U. S. Government, determine the primary function of government that is being served.
Microsoft, the operating system giant, was recently accused of illegal business practices aimed at significantly increasing its market share.
a. Productive function whereby the government promotes economic stability through fiscal policies
b. Productive function whereby the government maintains market competition
c. Productive function whereby the government redistributes income from rich to poor
d. Protective function whereby the government enforces property rights
a. Productive function whereby the government promotes economic stability through fiscal policies.
The use of taxation and expenditure by the government to affect the economy is known as fiscal policy. Fiscal policy is often used by governments to encourage robust, long-term growth and to lower poverty.
For instance, governments can decrease taxes and increase spending to stimulate the economy if necessary; normally, they spend on social programs and infrastructure projects that generate income and jobs. Or, if somehow the economy is growing, a government may decide to cut spending while raising taxes.
Fiscal contraction and fiscal stimulus are the two categories of fiscal policy. When the government seizes more than it spends, this is known as a contractionary fiscal policy. Fiscal expansion occurs whenever the government spends greater amounts than it collects in taxes.
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city bus corporation provides school bus transportation to public schools in lancaster county. city bus owns 50 buses that are garaged in three different cities within the county. the firm faces competition from two larger bus companies that operate in the same area. public school boards generally award contracts to the lowest bidder, but the level of service and overall performance are also considered. briefly describe the steps in the risk management process that should be followed by the risk manager of city bus. identify the major loss exposures faced by city bus. for each of the loss exposures identified in (b), identify a risk management technique or combination of techniques that could be used to handle the exposure. describe several sources of funds for paying losses if retention is used in the risk management program. identify other departments in city bus that would also be involved in the risk management program.
50 buses that belong to City Bus are kept in three distinct county cities. Two more established bus companies that run compete with the business.
What is the main loss exposure that city buses are exposed to?
exposure to liability losses. Losses that a bus may cause are referred to as liabilities. For instance, the bus might be a part of an accident when a third party loses anything. The bus also contributes to environmental damage through noise and emissions. If retention is employed in a risk management programme, the following sources of money could be used to cover losses: • Recover losses using available cash flow Establish a funded reserve. Arrange a credit line with a bank in advance of a loss.
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(a) Compute the median return (in %) for the top-ranked 50 companies 13.550 (b) What percentage of the top-ranked 50 companies had one-year return greater than the S&P average return? Develop the five-number summary (in %) for the data_ minimum 13.40 first quartile 3.70 median 13.55 third quartile 29.55 maximum 117.10 (d) Compute the lower and upper limits (in %) lower limit -60.925 upper limit 94.175
A: To compute the median return, divide the number of returns by the number of companies. In this case, there are 50 companies, so the median return is 13.55%.
B: The percentage of the top-ranked 50 companies with one-year return greater than the S&P average return is 13.5%.
C: minimum 13.40% First quartile: 3.70% Third quartile: 29.55 Maximum: 117.10% median 13.55%
D: lower limit: -60.925% Upper limit: 94.175%
The middle value of the provided collection of data, when organized in order, is known as the median in statistics. It is possible to arrange the data or observations in either ascending or descending order. The middle value or number in a set of data is known as the median. The number midway through the set is also known as the median. The data should be sorted in either the largest to the least value or the least to the greatest value before calculating the median.
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covid-19 and the resulting shutdowns and mandated wearing of masks had a dramatic impact on most businesses, what resulted in a contraction in many but an expansion in others. pandemic and related restrictions will be considered?
The COVID-19 pandemic and resulting shutdowns and mandates had a significant impact on businesses, resulting in Contraction of many businesses.
What resulted in a contraction in many but an expansion in others.?Brick-and-mortar retail stores, such as clothing, electronics, and department stores, as people were forced to stay at home and avoid non-essential shopping.Restaurants and bars, as dining-in was limited and many had to close temporarily.Tourism and hospitality industry, as travel was restricted and many events were cancelled.Entertainment industry, such as movie theaters, live performance venues, and amusement parks.Expansion of other businesses, including:Online retail and e-commerce, as people relied more heavily on online shopping.Delivery and logistic services, as people were unable to go to physical stores and needed food and other essentials delivered to their homes.Technology companies, as remote work and virtual communication became more widespread.Healthcare and pharmaceuticals, as demand for medical supplies and treatments increased.Overall, the pandemic has resulted in a shift in consumer behavior and a reconfiguration of the business landscape, with some industries declining and others growing.To learn more about pandemic refer:
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assume you own a greenhouse that can be used to grow mums (in pots), pansies (in flats), or a combination of each. you are currently producing 810 pots of mums and 1267 flats of pansies. you are considering increasing your mums to 925 pots, but in order to do this you will have to reduce your pansies to 1119 flats. assume mums currently sell for $3.00 per pot and pansies currently sell for $1.00 per flat. what is your output substitution ratio?
The output substitution ratio is the output profit ratio at the best profit, which is the maximum level of enterprises. It is calculated by dividing the quantity of output of the first enterprise given up by the quantity of output of the other enterprise gained.
The formula for the calculation of the output substitution ratio:
Output substitution ratio = Quantity of output lost / Quantity of output gained
Output substitution ratio = Quantity of Output Lost by pansies / Quantity of Output Gained by Mums
So, the output substitution ratio = (1267 - 1119) / (925 - 810) = 148 / 115
Output substitution ratio = 1.29
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grady is a member of a large family and received the following payments this year. for each payment, determine whether the payment constitutes realized income and determine the amount of each payment grady must include in his gross income. note: leave no answer blank. enter zero if applicable. required: a. a gift of $20,000 from grady's grandfather. b. one thousand shares of gm stock worth $120 per share inherited from grady's uncle. the uncle purchased the shares for $25 each, and the shares are worth $125 per share at year-end. c-1. a gift of $59,000 of ford motor bonds. c-2. grady received the bonds on october 31, and he received $1,500 of semiannual interest from the bonds on december 31. d. a loan of $5,000 for school expenses from grady's aunt.
The gross income is nil. Gifts are realised revenue that are completely excluded from being included as gross income.
How much is a gross income?Gross income, sometimes referred to as gross pay on a paycheck, is the total of a person's earnings before taxes and perhaps other deductions. This includes income from all sources, not only labour, and is not limited to income received in cash; it also includes income received in the form of goods or services.The phrases gross income, gross margin, as well as gross profit have the same meanings for enterprises. A company's gross income is computed on the income statement as total revenue less cost of goods sold (COGS).To learn more about gross income visit;
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complete the statement below. ______________________ economic analysis is concerned with describing the way things are.
Positive economic analysis is concerned with describing the way things are.
There are to types of economic analysis positive and normative economic analysis among which positive economic analysis is concerned with describing the way things are.
Details about economic analysis :-
Economic analysis essentially entails the evaluation of costs and benefits. It starts by ranking projects based on economic viability to aid better allocation of resources.
Types of economic analysis are:-
1- economic impact analysis
2- programmatic cost analysis
3- benefit-cost analysis
4- cost-effectiveness analysis.
Importance of economic analysis is that it helps us to make decentralized decisions on the appropriate choices between competing uses of resources.
There are four phases for conducting economic analyses for implementation research: (i) Study Design, (ii) Data Collection, (iii) Data Analysis, and (iv) Data Reporting.
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