The purpose of advertising is ____

Shondra’s family’s monthly net income is $6,654. The family’s budget is shown in the circle graph below. The family decides to i

Serga [27]

Answer:

B. $466

Explanation:

5 0

3 years ago

which reason for holding inventory is exemplified when a firm builds up stock because they anticipate rising profit levels in th

Natali [406]

The expenses incurred for keeping goods or inventory in a warehouse are known as inventory holding costs.

<h3 /><h3>What is inventory holding cost?</h3>

The expenses incurred for keeping goods or inventory in a warehouse are known as inventory holding costs.
Inventory that is kept on hand is a liability that reduces profit margins and raises operating costs for firms.
Inventory holding expenses include rent for the facility, security fees, depreciation costs, and insurance.
To reduce stock-out costs, merchandise is kept on hand.
To ensure that no consumer leaves empty-handed, all businesses must forecast the demand for their products and maintain inventories of raw materials, finished goods, work-in-progress, and consumables.
Within a single supply chain, inventory holding costs are computed as a portion of the overall inventory costs.
Storage, insurance, labor, transportation, depreciation, shrinkage of the inventory, spoilage of the inventory, obsolescence, and opportunity costs are some of the costs.

To Learn more About inventory holding refer to:

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5 0

1 year ago

Foster, Inc., purchased a truck by paying $5,000 and borrowing the remaining $30,000 required to complete the transaction. Ident

Sedaia [141]

Answer:

Foster Inc.'s assets will decrease by a net amount of $30,000.

The Company's liabilities will increase by $30,000.

Explanation:

The price of the assert is $5,000 + $30,000 = $35,000

this means that the company's fixed assets will increase by $35,000, but since cash is decreasing by $5,000, the net change will be only $30,000

the amount of the loan = $30,000

this means that the company's liabilities will increase by $30,000

5 0

3 years ago

The highest value of total cost was $ 710 comma 000 in June for Horchata Beverages, Inc. Its lowest value of total cost was $ 5

marta [7]

Answer:

A. $ 450 comma 000

Explanation:

In order to compute the fixed cost per month first we have to determine the variable cost per unit which is shown below.

Variable cost per hour = (High total cost - low total cost) ÷ (High production volume - low production volume)

= ($710,000 - $550,000) ÷ (13,000 units - 5,000 units )

= $160,000 ÷ 8,000 units

= $20

Now the fixed cost equal to

= High total cost - (High production volume × Variable cost per unit)

= $710,000 - (13,000 units × $20)

= $710,000 - $260,000

= $450,000

We simply applied the above formula

6 0

3 years ago

Marle Construction enters into a contract with a customer to build a warehouse for $950,000 on March 30, 2021, with a performanc

Mandarinka [93]

Answer:

The correct answer is option (B).

Explanation:

According to the scenario, computation of the given data are as follows:

As probability is not correctly given.

Let probability be:

July 31, 2021 = 65%

August 7, 2021 = 25%

August 14, 2021 = 5%

August 21, 2021 = 5%

So, We can calculate the transaction price by using following formula:

Transaction price = (Amount + Bonus) × Probability

July 31, 2018 = ($950,000 + $50,000) × 65% = $650,000

August 7, 2018 = ($950,000 + $40,000) × 25% = $247,500

August 14, 2018 = ($950,000 + $30,000) × 5% = $49,000

August 21, 2018 = ($950,000 + $20,000) × 5% = $48,500

So, Total transaction price = $650,000 + $247,500 + $49,000 + $48,500

= $995,000

5 0

3 years ago

The purpose of advertising is _____.