Answer and Explanation:
The preparation of the cost of goods sold section of a multiple-step income statement is presented below:
<u>Cost of goods section</u>
<u>Multiple-income statement</u>
Opening inventory $37,000
Estimated return inventory $1,000
Purchase $102,000
Less purchase returns -$4,200
Less: Purchase discount -$2,040
Add: Freight in $800
Less: closing inventory -$30,500
Less: estimated return inventory -$1,500
Cost of goods sold $102,560
The amount of effort that you put into your courses increases the marginal
cost of your education.
Marginal cost refers to the incremental cost which is accrued as a result of
increase in goods and services.
In this scenario, amount of effort put into courses entails more time and
money spent from buying of books and other materials. This therefore
depicts an increase in the incremental and marginal cost.
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Answer:
<em>Who is the principal?
</em>
<u><em>Mario Sclafani</em></u>
<em>Who is the agent?
</em>
<em><u>The office worker</u></em>
Explanation:
Sclafani is a disclosed administrator. <em>Principals are responsible for agreements entered into by an agent when the principal approved the contract.</em>
Whenever a third party, Felix in this scenario, signs a contract with a disclosed source, Sclafani in this case, who is responsible for the contract.
Answer:
(B) Inform.
Explanation:
Most business messages achieve nothing more than to inform. They explain procedures, announce meetings, answer questions, and transmit findings. Some however, are meant to persuade and that is by selling out products, increasing the morale of employees, convincing managers and gaining more customers. But most is still to inform as they announce meetings, answer questions, and transmit findings and these are called informative messages.