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Minchanka [31]
3 years ago
15

Rachel is saving her entertainment money for a summer trip to Europe, but she wants to spend time with her friends this Saturday

. Her friends suggest shopping, hiking, going to dinner, or seeing a movie. What would be the best option for Rachel and why?
Select the best answer from the choices provided.
A.
She should get dinner because she would get both entertainment and food, twice as much for her money.
B.
She should go hiking because it is entertainment and does not cost any money.
C.
She should go to the movies because it is cheaper than dinner but would still be a good time.
D.
She should go shopping because she can spend less money if she wants to, and shopping is entertaining.
Business
1 answer:
Vanyuwa [196]3 years ago
3 0

Answer:

I'd say B,

Explanation:

becuase you dont need any money to hike and she wants to save it.

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When the grocery store orders a large shipment of chocolate candy just before Valentine's Day, this type of inventory is typical
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When the grocery store orders a large shipment of chocolate candy just before Valentine's Day, this type of inventory is typically called Anticipatory inventory.

<h3>What is Anticipatory inventory?</h3>
  • Anticipatory inventory is the stock that is continued to accord to the normal buyer interest. It is very like wellbeing stock however it contrasts as in this stock is generally kept occasionally when the interest for items can shift enormously.
  • This inventory enables a company to adapt to changes in customer demand.
  • It enables the company to constantly provide customer service.
  • When demand fluctuates, it enables the company to grow its operations.
  • This inventory type may resemble safety stock quite a bit. It varies from safety stock, though, in that it is kept on hand by the business to handle demand swings. This change reflects the anticipation of rising demand in the near future.
  • If a scarcity or price increase is anticipated soon, businesses might store more inventory.

Hence, this kind of inventory is frequently referred to as anticipatory inventory, such as when the grocery store orders a huge supply of chocolate candies right before Valentine's Day.

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3 0
2 years ago
The use of activity-based costing information to support the decision-making process is known as:
max2010maxim [7]
The answer is: activity-based management. 
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3 years ago
The following selected accounts from the Bramble Corp.’s general ledger are presented below for the year ended December 31, 2022
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Answer:

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Sales Revenue                                                                             2,399,000    

Less:  

Sales return and allowances                        43,000  

Sales discount                                        <u>       8,600</u>

                                                                                                   <u>  2,347,400</u>

Net sales                                                                                    

Cost of goods sold                                                                 <u>       1,084,000</u>

Gross profit                                                                                     1,263,400

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Insurance expense                                       15,000

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Income from operation                                                                  372,400‬        

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Interest revenue                                           32,000

Rent revenue                                            <u>    24,000  </u>              

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Income before income taxes                                                          359,400

Income tax expense                                                                    <u>      69,000</u>

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4 0
3 years ago
Shen has plans to go to an opera and already has a $100 nonrefundable, nonexchangeable, and nontransferable ticket. Now Valerie,
iren [92.7K]

Answer:

3. Correctly ignored a sunk cost

Explanation:

Sunk costs refer to those costs which have been incurred in the past, which are non recoverable and which have no current or future benefits.

Sunk costs are considered as irrelevant for decision making process as they do not relate to current period and have no future implications. For example, research and development expenditure incurred in the past represents a sunk cost.

In the given case, the ticket for opera was already purchased for $100 which can now neither be recovered nor transferred. Thus this cost is irrelevant for decision making as expenditure has already been made. When Shen decided to go for a party instead of the concert, Shen has correctly ignored a sunk cost.

7 0
4 years ago
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Answer:

Read the explanation below

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Dollar-cost averaging is based on the belief that prices of stock fluctuate around a normal level.  Without this notion, it will not be possible to determine what can be seen as high or low now compared to the future.

The benefits of Dollar Cost Averaging attracts investors to employ. These benefits include:

1. It contributes on a regular basis to portfolios of investment.

2. The problem of market timing is eliminated especially for investors do not have time to track the market regularly or who lack the understanding of the market.

3. The cost basis to consumers on stocks whose values decline are is reduced.

4. It is easy to set up and not expensive especially for investors with no huge amount of money to invest. Like the example in the question, it easier for a salary earner to invest $500 monthly than investing $5,000 in a day.

Despite these advantages, dollar-cost averaging has its own disadvantages, and these include:

1. It has been found out in different studies that investor that can time the market correctly and invest a lump sum amount receive a higher return in the long run than what dollar-cost averaging can fetch.

2. The transaction costs paid by the investors significantly increased because of more number of different transactions when brokerage fee is high.

I wish you the best.

7 0
3 years ago
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