Answer: e. hiring part-time help and maintaining extra inventory for peak periods (buffering)
Explanation:
In the large city described, Beatrice operates from a food truck which means that her business is small scale. Because of this, she cannot hope to influence the market which has so many fierce competitors. Her best option therefore is to work on her small business with the resources she has.
Out of the options listed, the most realistic is to hire a part-time help and practice buffering so that when demand picks up in peak season, she can take advantage of the situation as best she can. This will build customer loyalty when they are sure they can always get food from her and thus give her a little more of the market share.
Everything else listed will be too expensive for her current level and so should be avoided.
Answer:
Explanation:
Interest = Carrying value *Interest rate = $54,447*8% = $4356
Amountof interest to be recognized is $4356
Answer:
FIFO ending inventory 300 dollars
LIFO ending ivnentory 200 dollars
Explanation:
May-1 Inventory 30 units at $8 $ 240
15 Purchases 25 units at $11 $ 275
24 Purchases 35 units at $12 $ 420
Total good available 90 units for a value of $935
We sale 65 units therefore, 25 units remains in our ending inventory.
FIFO will sale the first units leading the newest for inventory
So May 24th would be our ending inventory:
25 units x $12 = $300
LIFO will sale the newest and leave the oldest as inventory.
May 1st units are still at inventory according to LIFO
25 units x $8 = $200
The marginal propensity to save is 0.2. equilibrium gdp will decrease by $50 billion if the aggregate expenditures schedule decreases by:$10 billion.
<h3>
Aggregate expenditures schedule</h3>
Using this formula
Aggregate expenditures schedule=Marginal propensity to save×Equilibrium gdp
Where:
Marginal propensity to save=0.2
Equilibrium gdp=$50 billion
Let plug in the formula
Aggregate expenditures schedule=0.2×$50 billion
Aggregate expenditures schedule=$10 billion
Therefore the marginal propensity to save is 0.2. equilibrium gdp will decrease by $50 billion if the aggregate expenditures schedule decreases by:$10 billion.
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