The correct answer is D. decreasing inventory to lower costs
If you decrease inventory, then you don't have trapped money. If someone needs something, you can then order the things you need from your supplier and then sell it to the people who ordered it.
Answer:
The correct answers in order are:
Executory
Fulfilled their obligations
Not illegal
Explanation:
The Statute of Frauds prevents the enforcement of an executory contract, which is a contract in which the parties have not fulfilled their obligations. These contracts are not illegal.
Answer:
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Explanation:
Answer:
If Bread and Butter Bakers meet their sales goal, their net profit per month is $11,500
Explanation:
Bread and Butter plans to use 10,000 pounds of flour per month at a price of $2.00 per pound with an additional variable expense per loaf of $1.50. They hope to sell 10,000 loaves of bread.
Total variable expense = 10,000 x $2.00 + 10,000 x $1.50 = $35,000
Total sales = 10,000 x $6.00 = $60,000
Net profit = Total sales - Total variable expense - fixed costs = $60,000 - $35,000 - $13,500 = $11,500
