Answer:
31. B) 7,000 & 10,000
32. B) Alternative 2
Explanation:
Volume is 7000 tons :
Alternative 1 costs : $10,000 + (7000 * $10 ) = $80,000
Alternative 2 costs : $20,000 + (7000 * $8 ) = $76,000
Alternative 3 costs : $40,000 + (7000 * $6 ) = $82,000
Alternative 2 is the most cheapest option if the volume is between 7,000 tons to 10,000 tons.
Answer:
The operating income for the year is $97,000
Explanation:
For computing the operating income, first, we have to calculate the cost of goods sold. The formula to compute the cost of good sold is shown below:
= Beginning merchandise inventory + Purchases during the year - Ending merchandise inventory
= $33,200 + $92,000 - $35,000
= $90,200
Now, the operating income would be
= Sales - the cost of good sold - selling and administrative expenses
= $262,900 - $90,200 - $75,700
= $97,000
Answer:
Option (c) is correct.
Explanation:
Law of demand states that the price of the commodity and the quantity demanded of that commodity are negatively related to each other. This means that as the price of the commodity falls then as a result the quantity demanded for that commodity increases.
Therefore, the consumer will buy more sticks when the price of sticks falls from $2 to $1.
C: If stolen, the thief/thieves cant get personal information from it, after all its just a dollar bill. D could also work, because its hard to get in debt using cash unless you borrow cash for someone.
Investment
institutions is a specialize in raising money (investment capital) for
governments and corporations by issuing securities such as stocks or bonds.
People buying a company's securities are buying into a portion of a company and
its earnings or income. Investment institutions offers shares or units.
