Answer:the opportunity cost of growing another apple tree is 2 orange trees
Explanation:
Opportunity cost represents the value of cost what must be given up toin order to obtain the best alternative.
Here Farmer Brain has 3 acres of land that can support 10 apple threes on each acre, and 30 orange tree on best acre, 20 on good acre and 10 oranges on bad acre.
that means he can grows 30 apples on the 3 acres and 60 oranges at on the 3 acres. giving us
the opportunity cost of growing an orange tree is
60 oranges ( 30+20+10)trees= 30 apples tress
1 orange tree = 30/60
1 orange tree=1/2 apples
therefore the opportunity cost of growing an orange tree is half apple tree, Also the opportunity cost of growing an apple tree is 2 orange trees
Answer:
The options are not correct:
Dr costs of good sold $15,800
Cr inventory $15,800
Explanation:
The 4,400 units sold consist of the 2,400 units purchased on 1 January at $4.00 per unit and the balance of 2,000 units from the purchase made on January 12 at $3.10 per unit
cost of goods sold=(2,400*$4)+(2,000*$3.10)=$15,800
The cost of goods sold is $15,800 ,neither is it $11,900 nor $11,800
The appropriate entries is to debit costs of good sold with $15,800 while merchandise inventory is credited with $15,800
Answer:
a. Jake, Kim, or Lou.
Explanation:
A promissory note is a note that should be signed with written promise in terms of paying some specific amount to the note owner on a specifiic date or on demand.
Since in the question it is mentioned that Jake who is a maker and pay to Kim and then it would endorse to Lou
So here the Mona should collect the payment from the above three parties
hence, the correct option is A.
Answer:
Concentrated Targeting Strategy
Explanation:
Concentrated Targeting Strategy refers to a situation in which an organization focus its marketing efforts on only a specific segment of the market. That is, only one marketing mix is developed.
Concentrated Targeting Strategy allows the producer focus on the needs and wants of a particular segment of the consumers/ population. The producer directs all it's efforts to the satisfaction of a segment of the consumers.
Concentrated Targeting Strategy could be disadvantageous if the demand of the focused segment of consumers is low. Low demand will affect the financial position of an organization.
Answer: Liabilities
Explanation: The Balance sheet which is also known as the statement of financial position represent or shows an entity financial position at a single point in time. That is, it shows the Owners equity(capital), Liabilities and Assets of a firm for a financial period, usually a year.
On the other hand, the income statement shows and entity profitability over a period of time
