Answer:
The concept of the opportunity cost underlines the basic economic problems of scarcity and choice, and is relevant to the behaviour of individuals or consumers, firm or producers and of the government.
Explanation:
Answer:
$120,000
Explanation:
Calculation to determine How much of the passive loss is deductible
Using this formula
Deductible passive loss=Passive loss-Active income
Let plug in the formula
Deductible passive loss=$240,000-$120,000
Deductible passive loss=$120,000
Therefore How much of the passive loss is deductible is $120,000
Answer:
The correct answer is letter "D": closing.
Explanation:
The selling process describes the steps salespeople go through at the moment of offering goods or services to prospective consumers. The process includes seven (7) steps: <em>prospecting, pre-approach, approach, presentation, overcoming objections, closing, </em>and <em>follow-up.</em> In the closing stage, clerks aks for the methods of payment, delivery method of the products and offer additional complementary goods or services for what is being acquired. Asking for orders is also part of this stage.
Answer:
4.28 grams
Explanation:
The z score is used to determine by how many standard deviations the raw score is above or below the mean. The z score is given by the formula:
Given that:
P(x > 5.1 grams) = 5%, x = 5.1 grams, σ = 0.5 grams
P(x > 5.1 grams) = 5%
P(x < 5.1 grams) = 100% - 5% = 95%
P(x < 5.1) = 95%
From the normal distribution table, 95% corresponds with a z score of 1.645. Hence:
Answer:
Which of the following statements best decribes an indirect cost?
An indirect cost is assigned to a cost object using allocation
Explanation:
A cost or expense that is not directly traceable to a department, product, activity, customer, etc. As a result indirect costs and expenses are often allocated to the department, product, etc.