Answer: True
Explanation:
High value goods were purchased with a lot of cash and if they are slow moving, the company will not be able to sell them fast enough and realized the cash that was spent to be able to purchase them. A typical example of such inventory are expensive motor vehicles.
The ideal type of inventory is one that is fast moving and high value because it gives a business a higher amount of cash at a higher frequency.
Choose something that you want to do for a very long time
Edsel is best described as alienated. An individual who is alienated is likely to be isolated or left alone in which Edsel feels because he says that he has nothing to do with the company in which he feels like he wasn't a part of it because his purpose does not relate on the main purpose of the company.
Answer:
Break even in units is 5000 units per month.
Explanation:
Breakeven in units is the point or number of units that yield no profit or no loss and the total revenue at this point equals total cost.
The formula for break even in units is:
The break even in units = Fixed cost / Contribution per unit
Where the contribution per unit = Selling price per unit - Variable cost per unit
So, for Emma, the break even in units is:
Contribution per unit = 25 - 15 = 10
Break even in units = 50000 / 10 = 5000 units per month
Answer:
Computer; $ 3800
Printer; $3150
Desk; $4000
File Cabinet; $3200
Explanation:
First we need to determine how to determine the depreciable basis for the asset.
The basis of assets converted from personal use to business use in terms of depreciable amount is the lesser of (1) fair market value on date of conversion or (2) basis on the date of conversion (the cost price)
Now we apply this to the following assets
Computer: Depreciable base of $ 3800 ( FMV < Purchase price )
Printer: $3150 ( FMV < Purchase price )
Desk: $4000 ( FMV < Purchase price )
File Cabinet: $3200 ( FMV > Purchase price )
