Answer:
A. cost-plus regulation
Explanation:
When a local regulator calculates the average cost of production for the public water utility or any other service and allow an adjustment for the normal rate of profit the firm should expect to earn, and then set the price that consumers can be charged accordingly, this is known as cost-plus regulation.
It is usually carried out by the government.
Answer:
True
Explanation:
As in the lean philosophy the production is based on specific customer demands, there are chances that when the order is received then the inventory required is not present and that the inventory is not held in hand.
Whereas in the traditional philosophy the production is based on the principle of budgets and sales forecast, accordingly the sales keeps on moving and the inventory is also held in hand prior to confirmation of order from customers.
Since there is no planning before the order is received from customers under lean, in emergency cases, or scarcity of resources, the inventory will fall short, and acquisition of inventory would not be easy.
Answer:
- Common Stock: 3,500,000
- Additional paid-in capital-Common Stock: 2,100,000
- Retained earnings: 995,000
Total stockholders' equity: 6,595,000
Explanation:
- <u>Common Stock:</u> Values at the common stocks par value. (3,500,000 = 700,000 * 5)
- <u>Additional paid-in capital-Common Stock: </u>Difference between the paid price by stockholders and par value. The negations made after the issue of the stocks are not taken into account because they don´t include the company. (2,100,000 = 700,000 * 3)
- <u>Retained earnings:</u> As the dividend are declared after the end of the accountable year they are not taken into account. So the retained earnings final balance include the beginning balance plus the net income of the accountable period. (995,000)
- <u>Total stockholders' equity: </u>Addition of the previous items.
Services are a form of product that consists of activities, benefits, or satisfactions offered for sale that are essentially intangible and do not result in the ownership of anything.
Answer:C
Explanation:most of their decision overseen by corporate executive..in an organization where profit is the main target every decision must be thoroughly checked