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Mashutka [201]
3 years ago
12

How should you decide how much time to spend gathering information before you make a purchase

Business
1 answer:
arlik [135]3 years ago
7 0
30 miniutes should be good just see if its worth it
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Inventory Write-Down The following information is taken from Aden Company's records: Product Group Units Cost/Unit Market/Unit A
bazaltina [42]

Answer:

$4,213

Explanation:

Product   Group      Units      Cost/Unit        Market/Unit      Total Value

A                  1           600         $1.00              $0.80                $480

B                  1           250         $1.50               $1.55                $375

C                 2           150         $5.00              $5.25                $750

D                 2           100         $6.50              $6.40               $640

E                 3             80       $25.00           $24.60             $1,968

total                                                                                        $4,213

when you are using the lower of cost or net realizable value to determine the value of your inventory, you should calculate the inventory's value using the lowest cost between purchase cost and market value.

4 0
3 years ago
According to liquidity preference theory, if the quantity of money demanded is greater than the quantity supplied, then the inte
melisa1 [442]

Answer:

The correct answer is option A.

Explanation:

Liquidity preference theory was given by J.M Keynes. He states that money is demanded by people because it holds certain liquidity.

There are various motives involved for which people prefer liquidity. These motive are precautionary, transactionary and speculative motives respectively.

When the demand for money is more than supply, it means there is excessive demand. This excess demand will lead to increase in the interest level. At higher interest, the quantity of money demanded will fall.

4 0
3 years ago
Each week a soft drink machine sells x cans of soda for $0.75/soda. The cost to the owner of the soda machine for each soda is $
Assoli18 [71]

Answer:

$34.8

Explanation:

Profits = sales - costs( variable costs +fixed costs)

In this case : total sales will be price $0.75 x units sold X= 0.75X

Variable costs : =$10 x units sold= $10x

Fixed cost remain $25 as they are not affected by quantity.

profits for the Week

P= (0.75x- 0.10x)-$25

Profit for the week with units sold as 92: x = 92

p= ( {0.75x92} - {0.10x92} )- $25

P= $69 - $9.2- $25

P=$59.8- $25

   =$34.8

3 0
3 years ago
All manufacturing costs are assigned to units of product and all non-manufacturing costs are treated as period cost under______c
sp2606 [1]

Answer:

absorption

Explanation:

Manufacturing cost can be regarded as the summation of the cost of consumed resources during the production of a product. It can be divided into

direct materials cost

✓ direct labor cost

✓ manufacturing overhead.

It should be noted that All manufacturing costs are assigned to units of product and all non-manufacturing costs are treated as period cost under absorption costing.

3 0
3 years ago
econ George and John, stranded on an island, use clamshells for money. Last year George caught 300 fish and 5 wild boars. John g
kupik [55]

Answer:

The GDP of the island is  1,350 clam shells.

Explanation:

George and John produce fish, boars, and bananas in their two-person economy. Fish sell for 1 clamshell each, boars sell for 10 clamshells each, and bananas go for 5 clamshells per bunch.

In this economy, the GDP will be the value of final goods and services produced. Intermediate goods will not be included.  

Digging bait for fishing and the purchase of banana trees will not be included in the GDP.  

The GDP of the island in terms of clamshells will be  

= (300\times 1) + (5\times10)+(200\times5)

= 300 + 50 + 1,000

= 1,350 clam shells

8 0
3 years ago
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