One type of financial record that would most help her begin this process would be her bank statements.
What is financial record?
Financial records are the official papers that document the transactions of a company, a person, or any other organisation. Companies keep financial records, such as income statements, balance sheets, cash flow statements, statements of retained earnings, and tax returns. An important sign of a successful business is the organisation of the financial records. Such a record is necessary to give stakeholders and Accutane financial information about a business or an individual in a clear and concise manner. To prepare financial statements or other record for financial reviews and audit, all relevant financial data must be available. In order to assist in the creation of financial records like assets and liabilities, general ledgers, and other supporting documents, books of accounts are also helpful.
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Answer:
D) When price is lowered to sell one more unit, the lower price results in a revenue loss and the increased quantity sold results in a revenue gain.
- When you offer a sales discount, you are losing revenue since marginal revenue is lower than price, but at the same time if the marginal revenue is ≥ to marginal cost, then your profit and total revenue is increasing.
Explanation:
the other statements are false because:
- A. Marginal revenue equals total revenue divided by quantity sold. FALSE, MARGINAL REVENUE IS THE REVENUE GENERATED BY SELLING ONE ADDITIONAL UNIT.
-
B. For a monopoly, marginal revenue equals price. FALSE, FOR A MONOPOLY MARGINAL REVENUE IS LOWER THAN PRICE.
-
C. For a monopoly, total revenue equals marginal revenue multiplied by the quantity sold. FALSE, TOTAL REVENUE = PRICE X QUANTITY SOLD
Answer:
A) Standard packaging materials: Product - DM
B) Lease payment on administrative headquarter: Period
C) Telephone bills (customer service): Period
D) Property insurance (40% of building is used for S&A): Period
E) Property insurance (60% of building is used for manufacturing): Product MOH
F) Wages and benefits paid to assembly-line workers: Product DL
Explanation:
Period costs are not include in the COGS and are generally included under sales and administrative costs.
Product costs are costs incurred in the production of a good or service.
Answer:
option (C) L(x) = 200,000(x - 0.40)²
Explanation:
Given:
quality characteristic = 0.40
Tolerance = 0.03
Repair cost = $180
Now,
Taguchi loss function is given as:
Loss (in $) = Constant × ( Quality characteristic - Target value )²
For quality characteristic of 'x' target value 't'
and constant A
L(x) = A × ( x - t)²
substituting the given values, we get
$180 = A × (0.03)² [x - t = tolerance]
or
$180 = A × 0.0009
or
A = 200,000
Hence,
Taguchi loss function
L(x) = 200,000(x - 0.40)²
Hence,
the correct answer is option (C) L(x) = 200,000(x - 0.40)²
It will be without the 'ez' which makes 1040.
