Answer:
Option D is correct.
Explanation:
A basic difference between microeconomics and macroeconomics is that: <u>microeconomics examines the choices made by individual participants in an economy, whereas macroeconomics considers the economy's overall performance.</u>
Answer:
The correct answer is letter "E": perishability.
Explanation:
In marketing, perishability refers to the characteristic of services that imply they cannot be stored, returned, reused or resold after being provided to someone. After a service is rendered, the same service cannot be provided to other individuals, since it was totally consumed. Service perishability makes it difficult for a company to forecast profits or losses.
I believe that it is b the cartel
Answer:
The amount that Cullumber should report as its December 31 inventory is $543000.
Explanation:
FOB shipping point means the purchaser gains title to the merchandise at the shipping point, so when Pelzer shipped the goods, they belonged to Stallman.
**FOB destination means the seller maintains title until the merchandise reaches its destination, so since the goods have not reached their destination, the goods still belonged to Stallman
inventory on december 31 = inventory on december 31 + goods in transit purchased FOB shipping point + goods in transit sold FOB destintion
= $514,000 + $7,000 + $22,000
= $543000
Therefore, The amount that Cullumber should report as its December 31 inventory is $543000.