The current equipment allows your production line to assemble 7760 widgets per day with a takt time of 3.0 minutes. Your engineers are designing new equipment which would allow you to assemble 8200 widgets per day. What would the new takt time be? Keep two decimal places in your answer.

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Which of the following best explains how trade enables greater specialization among producers? a. trade diversifies the market by bringing specialized goods from around the world. b. trade requires distribution networks and adds one more step to the production process. c. trade enables producers to open up new markets for their goods and services. d. trade allows people to focus on one kind of production and trade for their other needs.

Complete electronics inc. sells a point-of-sale computer with a two-year service contract. complete collects $ 2 comma 500 cash for the selling price of the computer and $ 576 for the two-year service contract. how is revenue recognized?