Answer:
I used an excel spreadsheet because there is not enough room here.
Explanation:
Answer:
The correct answer is letter "B": Convenience goods.
Explanation:
Intensive distribution is the act by which companies offer their products to as many stores as possible with the purpose of having the good available almost everywhere consumers go. This type of marketing strategy fits best with convenience goods such as grocery items, fuel or newspapers.
Answer:
2017 depreciation expense= 10,060*3/12=$2,515
2018 depreciation expense=$10,060
Explanation:
The depreciation expense of machine for the whole year shall be calculated as follows:
Depreciation expense=[(89,920-9,440)/8]=$10,060
Since the machine is only used for 3 months in the year ended December 31, 2017, therefore the depreciation expense in 2017 will be calculated as follows
2017 depreciation expense= 10,060*3/12=$2,515
2018 depreciation expense=$10,060
Answer:
A- $ 50 Electricity
$ 75 Office suplies
$ 125 Total explicit costs
B- $ 300 Rent
$10000 Lost of salary for quitting his job
$ 10300 Total implicit cost
C- $ 125 Total explicit costs
$ 10300 Total implicit cost
$ 10425 Total economic cost
Explanation:
A- Explicit costs are observable (such as salaries paid to employees, material costs, taxes, etc.) and are paid with cash.
B- Implicit costs are those incurred for giving up an alternative use of a specific resource, but no cash outlay is made. In this case, $ 300 that is no longer earned by using the garage as an office and $10000 lost each month for quitting his job.
C- The sum of the implicit and explicit costs determines the total economic cost
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The person who receives financial protection from a life insurance plan is called a Beneficiary. I think
