Iron triangles have given way to INTER-GOVERNMENTAL LOBBYING over the years.
Iron triangles refer to a mutual relationship between three three groups or organizations such as government agencies, interest groups and legislative committees (law makers). It is a policy making relationship in the United States politics.
Answer:
False
Explanation:
Correlation tells you if there is association between two or more variables. Regression analysis model allow you to predict one variable from the other.
Answer:
The correct answer is letter "C": top management's attitude toward decentralized operating structures.
Explanation:
Sales forecasts have the purpose of providing companies with an idea of how their sales environment is going to be within a specific period. By forecasting, firms obtain objective information from inside and outside the company that allows them to maximize the distribution of their resources to cover the customers' demands in the future.
Thus, <em>an executive's attitude over decentralized operating structures is not relevant for sales forecasting.</em>
Answer:
$3,997
Explanation:
As we know that
Total profit = Total revenue - total cost
where,
Total revenue = Output sells for × quantity sold
= $20 × 499 units
= $9,980
And, the total cost is
= Total cost at 500 units - marginal cost of the 500th unit
= 500 units × $12 - $17
= $6,000 - $17
= $5,983
So, the total profit is
= $9,980 - $5,983
= $3,997
Answer: $11,000
Explanation:
Working capital is calculated as the difference between current assets and current liabilities.
For 2024 therefore, the working capital is:
= (Cash + Net accounts receivable + Short−term Investments + Merchandise Inventory) - Current liabilities
= (54,000 + 95,000 + 13,000 + 140,000) - 291,000
= $11,000