Answer:
$26,456 million.
Explanation:
The formula to calculate the gross profit is:
Gross profit=Sales-cost of goods sold
Using this formula we can calculate the cost of goods sold as we have the information about the gross profit and the sales:
Cost of goods sold=Sales-Gross profit
Cost of goods sold=$36,241-$9,785
Cost of goods sold=$26,456
According to this, TechMart's cost of goods sold was $26,456 million.
Answer:
d. Consumer price index
Explanation:
Consumer price index in any country consists of goods and services that are used in day to day activities by consumers e.g. daily food items, utilities, transportation etc. The index is used to measure the increase in weighted average prices of the constituents over a particular time.
Option A is price index for producers that measures the increase in price of goods and services that are typically used by different producers for their output.
Option B is an analysis that is used to assess the trends of any economy. This analysis is performed by government economists, officials and government to make informed decisions about future actions. Individuals have no use of the index.
Option C Gross domestic product (GDP) deflator is a price adjustment to GDP of current year to depict the actual growth in value of goods and services produced in a particular year. GDP deflator is a reduction of inflation rate from nominal rate of increase in GPD.
Considering the situation described above, the Notary Signing Agent (NSA) should <u>check the documents for errors and call the borrower for the next appointment.</u>
This a because, at this stage, what is left is to wrap up the appointment, and checking of errors can be quickly done.
A Notary Signing Agent is an individual whose role is to sign an agent. A courtesy signer is an agent whose function is to ensure a formal signature of an appearer is made to a document.
Generally, the role of an NSA includes the following:
- Printing loan documents,
- Meeting the signer and notarizing their signature,
- Returning the documents for processing.
Hence, in this case, it is concluded that the correct answer is "<u>check the documents for errors and call the borrower for the next appointment."</u>
Learn more here: brainly.com/question/25497898
Answer:
In this section, we are going to take a closer look at what is behind the demand curve and the behavior of consumers. How does a consumer decide to spend his/her income on the many different things that he/she wants, i.e., food, clothing, housing, entertainment? We assume that the goal of the consumer is to maximize his/her level of satisfaction or joy, constrained by his/her income.
Economists use the term utility as a measure of satisfaction, joy, or happiness. How much satisfaction does a person gain from eating a pizza or watching a movie? Measuring utility is based solely on the preferences of the individual and has nothing to do with the price of the good. Let’s do an experiment in utility.
Step 01: Get some of your favorite candy, pastries, or cookies.
Step 02: Take a bite and evaluate, on a scale from 0 to 100 (with 100 being the greatest utility), the level of utility from that bite. Record the marginal utility of that bite (i.e., how much you get from that one additional bite).
Step 03: Repeat step 02. It is important to be consistent with each unit consumed, i.e., the same size and no drinking milk or water part way though. When you run out of candy or your marginal utility goes to zero you can stop.
Law of Diminishing Marginal Utility
Answer:
Overhead rate is $30.4
So option (c) is correct option
Explanation:
We have given total estimated overhead = $85120
Estimated direct labor hours = 2800
Actual manufacturing overhead for the year = $86870
Actual labor hour = 2700
We have to find overhead rate for the year
Overhead rate is equal to the ratio of estimated overhead to estimated labor hour
Therefore overhead rate
$
So option (c) is correct