Perpetual inventory system - is the type of inventory system Badger Enterprise uses. A perpetual inventory system is when companies keep track of each individual purchase and sale of inventory continuously. If they use a periodic inventory system, they will do it periodically, or over a given point in time.
Answer: 5 cups of tea
Explanation:
Opportunity cost is what an individual, firm or government forgoes in order to get something else. For example, an individual might have $2. A pen costs $2 likewise a notebook. If the person decides to buy the pen, the opportunity cost is the notebook which he or she did not buy.
With the money Sarah has, spending her entire budget will give her 40 cups of tea or 8 snacks. This implies that for 1 snack, the opportunity cost is (40/8) = 5 cups of tea
Answer:
Credit cards
Explanation:
Credit cards can allow for easy access to money. They can also be expensive if the balance is carried or they are overused.
Answer: C. allow the users to compare numbers in relative terms rather than absolute amounts
Explanation:
By expressing every item as a percentage of sales or revenue, users of these statements are able to compare figures on a relative term. With the relativity being related to the aforementioned sales or revenue.
