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The statement "<span>Freight-in and purchase returns and allowance are not deducted from purchases to determine the net delivered cost of purchases. " is true </span>
In the district courts there are... pleadings, motions, scheduling conference and order, discovery, pretrial conference and order, trial, and appeal. A plaintiff commences a civil case by filing a complaint with the court
3. Classical economics assumes people are rational and logical while behavioral economics adds psychology to the mix.
A major theory in classical economics is that human beings are rational and, given the necessary information they will make rational decisions and act rationally, however, Behavioral economics assumes that people are irrational players.
Answer:
40%
Explanation:
The Dean company have a sales of $500,000
The break-even point in sales dollar is $300,000
Therefore, the company's margin of safety can be calculated as follows
Margin of safety= Sales-break-even sales/sales
= $500,000-$300,000/$500,000
= $200,000/$500,000
= 0.4×100
= 40%
Hencethe company's margin of safety percentage is 40%
Answer:
The Hound Dog Bus Company should not expand
Explanation:
The decision to expand should be made if the incremental (marginal) cost to be incurred is less than the incremental revenue to be earned.
Incremental revenue = $60 (given)
Incremental cost = total cost - already incurred (non-incremental) cost
= 120 - 50 = $70.
Since the incremental revenue ($60) is less than the incremental cost ($70), the company should not expand.
