Answer: knowledge based
Explanation:
The foundation of trust that Edgar has in this team is referred to as knowledge based.
Since the accounting professionals possess top- notch accounting skills and have never let him down while working on a project together, this is referred to as knowledge based.
Therefore, the correct option is C.
Answer: True
Explanation:
To understand organizational markets, one must first realize that there are three main types of them: Industrial, reseller and government.
Industrial markets enable businesses to transact with each other. They trade raw materials and other goods to each other and process them to finished goods.
The reseller market does not involve any processing but rather firms buying from one and selling to another as middlemen.
The last market is the Government market. Any arm of government that purchases goods and services fall here including at local, state or federal level.
Answer: $3 per unit per year
Explanation:
Using the EOQ model we will have to divide the Total Carrying Cost ( Annual Inventory Carrying Cost ) by the Average inventory to find the inventory carrying cost per unit per year.
First then, let us calculate the Total Annual Inventory Carrying Cost with the following formula,
Annual Inventory Carrying Cost = total annual setup or ordering cost .
Now the figure provided needs to be divided in 2 before it has both the carrying and ordering cost.
So Annual inventory carrying cost = total annual inventory /2
= 600/2
= 300
Now to calculate the Average Inventory which is,
Average Inventory = EOQ/2
= 200/2
= 100
The Inventory Carrying Cost per unit will therefore be,
= 300 / 100
= $ 3
If you need any clarification do comment or react.
Succession takes place when what you've reached the your overall goal/goals.
Answer:
the depreciation expense recorded is $680
Explanation:
The computation of the depreciation expense under the straight-line method is shown below:
= (Purchase cost - residual value) ÷ (estimated life)
= ($17,500 - $1,180) ÷ ( 4 years)
= $4,080
Now the 2 months depreciation is i.e. from November to December
= $4,080 × 2 months ÷ 12 months
= $680
Hence, the depreciation expense recorded is $680