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Kitty [74]
10 months ago
5

you make a clay pot for $10 and sell it to a customer for $40. what is your economic surplus associated with the transaction?

Business
1 answer:
Bess [88]10 months ago
3 0

The transaction's surplus in terms of the economy $30

<h3>Which principle states that the next-best choice you must forego in order to have something is its true cost?</h3>

The idea of opportunity cost, which states that the opportunity lost as a result of a decision, determines the true cost of an economic decision, is closely tied to the principle of substitution.

<h3>What is a sunk cost, give an example, and explain why it doesn't matter when deciding what to do in the future?</h3>

Sunk costs are viewed as bygone in economic decision-making and are not taken into account when determining whether to continue an investment project. Spending $5 million to establish a plant that is expected to cost $10 million is an example of a sunk cost.

To Know more about sunk cost

brainly.com/question/20438089

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The Purchasing Policy Guidelines of the Southern Supply Inc. indicate that the company is committed to procuring its goods, prod
Harrizon [31]

Answer:

The-buying manager's-conduct should-be-relied upon to-expand Southern's-hazard by-expanding its-presentation to-potential-supply-deficiencies or-confounded conveyances

Trust in business is an incredibly dubious notion. It depends on the shared fulfillment of included gatherings, and the apparent life span of their relationship. There might be a clouded side to it - regarding "defilement/pay off", "preference", "nepotism" and so forth which may prompt "an underestimated, one-sided demeanor" and in the end bargain "quality" - antagonistically influencing the business' prosperity.  

Presently, given this thought, you may acknowledge why Southern Supply Inc. had a buying approach of acquiring its items/administrations from an expanded pool of specialist co-ops. It is actually as the mainstream saying goes - "One-ought not-put-every one of their-eggs-into-one-bin"  

6 0
3 years ago
Simon Company’s year-end balance sheets follow.
klemol [59]

Answer:

The answer is given below;

Explanation:

Days sales in inventory-2017= Average Inventory/Cost of goods sold*365

                                =(115,000+85,000)/2/(458,674)/365

                                =(100,000/458,674)*365

                                =80 days

Days sales inventory 2016= (85,000+56,000)/2/(385,686)*365

                                            =(70,500/385,686)*365

                                             =67 days

3 0
3 years ago
The demand for subassembly S is 100 units in week 7. Each unit of S requires 1 unit of T and 2 units of U. Each unit of T requir
Nady [450]

Answer

The answer and procedures of the exercise are attached in the following image.

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

3 0
2 years ago
The revenue recognition principle says Question 2 options: A) divide time into annual periods to measure revenue properly. B) re
lisov135 [29]

Answer:

The correct answer is letter "B": record revenue only after you have earned it.

Explanation:

Revenue Recognition is an accounting term that describes how and when a company reports revenue in its ledger. It is also part of the Generally Accepted Accounting Principles (GAAP). Using the accrual accounting method, revenue must be recorded when it is earned not when the company collects the cash proceeding.

7 0
3 years ago
the common sotkc of Ubees is currently sold at $26.35 per share, and it just a divident of $1.00 last year. The flotation costs
White raven [17]

Answer:

11.06%

Explanation:

Cost of equity = (D1/Current price) + Growth rate

Cost of equity = [(1.00*1.07)/26.35] + 0.07

Cost of equity = 0.04061 + 0.07

Cost of equity = 0.11061

Cost of equity = 11.06%

So, Ubees's cost of internal common equity is 11.06%.

7 0
3 years ago
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