The answer is a group buying platform.
A group buying platform is a type of online shopping website that offers discounted prices for items that are bought by a set amount of buyers. This practice was first recorded in China, where it is called Tuán Gòu.
Many Chinese online marketplaces use this style of purchasing until now. The discounted prices are usually very significant compared to the original price.
Answer:
a. 1,500
Explanation:
The formula to compute the break even point for earning target profit is shown below:
= (Fixed cost + target profit) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
So, the break even point would be
= ($100,000 + $20,000) ÷ ($100 - $20)
= $120,000 ÷ $80
= 1,500 rooms
Answer:
lending act
Explanation:
The 1968 Truth in Lending Act (TILA) is federal legislation of the Americas aimed at promoting knowledgeable use of customer loans by demanding revelations of its aspects and charges in order to optimize the calculation and dissemination of borrowing costs.
TILA also gives customers the right to terminate all credit transactions involving a lien on the primary residence of a borrower, controls some credit card activities, and offers a way to settle credit payment disputes reasonably and in good time. TILA would not control the fines that might be enforced on mortgage lending, with the exception of some heavy-cost mortgage lending.
Answer:
The Work in Process Inventory at the end of the period is the DM, DL, and OH cost of unfinished units at the end of the period.
Explanation:
The Work in Process Inventory at the end of the period is the DM, DL, and OH cost of unfinished units at the end of the period.
<u>TRUE </u>. It will be compose of the cost of the infinished units as they aren't finished cannot be move to that account at the end of the period.
Cost of Goods Sold includes only units that are finished during the period.
<u>Not correct </u>as the inventory which is not sold at the end of a period can be sale in another and therefore be part of the COGS
Finished Goods Inventory and Cost of Goods Sold may have balances at the beginning of the period and at the end of the period.
<u>Not correct.</u> As the COGS is a temporary account it has no beginning or ending balance
The transfer from Work in Process Inventory to Finished Goods Inventory during a period is the DM, DL, and OH cost of units started and finished during the period.
<u>Not correct,</u> it will include the beginning WP as well
Answer:
The SWOT analysis is done by considering two factors i.e. internal factor and external factors. The external factors are the threat and opportunities which are provided from the outside. These external factors include technological change and socio-cultural change that can affect your company.
