Define traditional capital and human capital
What will be an ideal response?
Traditional capital refers to investments into resources such as factories, machines, manufacturing equipment, and the like. Human capital is the investment in human knowledge and skills for future profit.
Business
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On September 1, there were 50 units in beginning work in process inventory (40% complete). During the month, 650 units were completed. The ending work in process inventory was 80 units (20% complete). What are the total equivalent units for conversion costs?
a. 646 units b. 716 units c. 666 units d. 616 units
Business
Discuss the difference between training and development and provide an example of each
Business