With the snow season fast approaching us, Jack Frost, age 15, is considering his income-generating alternatives. Jack runs a snow removal business. He employs his friends at $10.00 per hour to clear sidewalks and driveways for neighbors, family friends, and fellow townsfolk. Last year, he had ten regular customers whose walks were shoveled 14 times each over the course of the winter. All told, Jack paid his friends $2,100 for their work for him this winter. Jack is considering the purchase of a used snowblower, which he believes will reduce the amount of time it takes his crew to complete a job to only 45 minutes. The snowblower will cost $1,176 (and will probably be worthless after one year of use), and will consume about $0.50 worth of gasoline and oil per use (per snow removal job). Given that Jack had no fixed costs, what was Jack's total cost function for last year?a. TC = 15Q b. TC = 100 c. TC = 11760 d. TC=0.5Q

Which critical success factor improves with reduced cycle time, better quality standards, and improved efficiency when an is is implemented?

P11.2a (lo 2, 4) fechter corporation had the following stockholders’ equity accounts on january 1, 2020: common stock ($5 par) $500,000, paid-in capital in excess of par—common stock $200,000, and retained earnings $100,000. in 2020, the company had the following treasury stock transactions. journalize and post treasury stock transactions, and prepare stockholders’ equity section. mar. 1 purchased 5,000 shares at $8 per share. june 1 sold 1,000 shares at $12 per share. sept. 1 sold 2,000 shares at $10 per share. dec. 1 sold 1,000 shares at $7 per share. fechter corporation uses the cost method of accounting for treasury stock. in 2020, the company reported net income of $30,000. instructions a. journalize the treasury stock transactions, and prepare the closing entry at december 31, 2020, for net income. b. open accounts for (1) paid-in capital from treasury stock, (2) treasury stock, and (3) retained earnings. (post to t-accounts.) c. prepare the stockholders’ equity section for fechter corporation at december 31, 2020.

Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. question 1 options: true false