You need conversion in this problem to solve it. Since you are already given of all the data, you just need to utilize the data to come up with the answer. You simply have to divide the equivalent units of a barrel with the U.S. barrels and further divide it with the equivalent gallons of U.S. barrel. You can get $2.24 ($94 / 31.5 / 1.33).<span> </span>
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Travel Book
Sales= $164,000
Cost of goods sold= (67,000)
Contribution margin= 97,000
Order and delivery processing (25,000)
Net income= 72,000
Rent and allocated corporate costs remain constant in both decisions (drop or not). Therefore, they are irrelevant.
<u>Now, if the travel book product line was discontinued, the company's net income would have decreased by $72,000</u>
The three basic question of economic is
What to produce
How to produce
For whom to produce
Therefore the answer would be
1.How will the goods and service be produced
2.How will the goods and service be produced
3.Who will consume the goods and services
Answer: Reseller
A reseller is an organization that sources a variety of products from various producers, aggregates them under one roof and sells them to end users. A reseller usually doesn’t produce or add value to the products themselves.
Staples is a reseller that stocks a variety of stationery under one roof. It was set up with an objective to make all kinds of office and stationery supplies easily available to the end users.
A is the answer
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