The most efficient level of output and corresponding marketer hours in the short-run is capital for a time period of fewer than four-six months.
The short run is an idea that within a certain time period, at least one input is fixed while others remain variable. In the short run, firms face both variable and fixed costs, which means that wages, output, and prices do not have full freedom to reach a new equilibrium.
In the short run one factor of production, for instance capital is fixed. This is a time period of fewer than four-six months. In the short run, the firm should increase output as long as marginal revenue exceeds marginal cost, and reduce output if marginal revenue is less than marginal cost.
Hence, in the short run, a firm decides how much output to produce in the current facility.
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The comparison of the actual results of capital investments to the projected results is referred to as post-audit.
The payback method determines how long it will take for the company to recoup its investment. Annual cash flows are compared to the initial investment, but the time value of money is not considered and cash flows beyond the payback period are ignored.
Companies apply the time value of money in a variety of ways to make yes or no decisions about investment projects and between competing projects. Two of the most common methods are net present value and internal rate of return (IRR).
The minimum return on the capital investment required by management is called the return on investment. The collection method considers cash flows that occur both during and after the collection period.
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Listening, checking for understanding
Answer: $222000
Explanation:
The dollar value of February Expected cash collections from customers will be calculated as the addition of the January credit sales collection and the February credit sales collection and this will be:
= ($160,000 × 30%) + ($290000 × 60%)
= $48000 + $174000
= $222000
The value of February expected cash collections from customers is $222,000.
Answer:
The correct answer is Experimentation.
Explanation:
Experimentation, a common method of experimental sciences and technologies, consists in the study of a phenomenon, usually reproduced in a laboratory, in the particular conditions of study that interest, eliminating or introducing those variables that may influence it. Variable or constantly changing means everything that may cause changes in the products of an experiment and distinguishes between a single, joint or microscopic variable.
The particular property of the definition is "controlled." The independent variable is an event that is incorporated into the experiment and we want to see how it influences the dependent variable, which is not submitted; They call it experimental and control. The characteristic is measured before and after the event. A longitudinal study with a panel, which is a group of people representative of the habitat and of adequate sample size, to which a questionnaire is applied in continuous time periods, is an experiment controlled by the variables studied: changes in the shopping habits, evolution of human values, influences of social change, impact of information, etc.
