Answer: The correct option is C.
Explanation: From the scenario given above, we can see that Thomas has not shown any intention to replace the expensive team members, the only option in this case would then be to properly utilize their expertise to the advantage of the company.
In order to do this therefore, a SWOT analysis would need to be carried out and utilized in gaining an edge over the competition.
In this case, Thomas would make sure that the expertise of all his team members are brought to bare, the company would analyze the competition to see where it is lacking in customer satisfaction, and then try to gain the upper hand by including features in their product that the competition does not have in theirs.
This strategy will help in achieving a competitive advantage.
Answer:
The correct answer is option c.
Explanation:
The price of Kate's breakfast special is $5.
The average variable cost is $3.95.
The average fixed cost is $1.25.
The average total cost
= $3.95 + $1.25
= $5.20
The price is not covering the average total cost but it is covering the average variable cost. The firm can continue operating in the short run but stop production in the long run.
Answer: B. Restricted Fund Balance
Explanation:
A Restricted Fund is created when the source of the funds sets certain stipulations for the use of the money which in this case is that the monies should be used for the maintenance of the cemetery. The monies will therefore be restricted to that use alone.
The Unspent Investment Earnings will be reinvested in the Permanent fund at the end of the year. The Permanent Fund is a Restricted fund account therefore the Unspent earnings will be classified as a Restricted fund balance as well.
Answer:
See Explanation below for the detailed answer
Explanation:
The following are income statement summaries for prior years comparing the change in inventory valuation from LIFO to FIFO
2015 Lifo : $ 530000 Tax : $159000 Profit $ 371000
Fifo : $ 561000 Tax : $ 168300 Profit $ 392700 <em>Difference; $21700</em>
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2016 Lifo : $ 625000 Tax : $187500 Profit $ 437500
Fifo : $ 675000 Tax : $ 202500 Profit $ 472500 <em>Difference; $35000</em>
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2017 Fifo: $644000 Tax : $ 193200 Profit $ 450800
Answer: 90 feet
Explanation:
From the question, we are told that Property owners on one street have petitioned the city to install paved alleys behind their homes and that Marcus has a rectangular lot that measures 90 feet by 140 feet.
He would pay the special assessment based on 90 feet which is the width of the rectangular lot.
