Answers are:
<span>Producers supply the exact goods that consumers buy.
Consumers have enough goods, at the given price
</span><span>Producers use their resources efficiently
At the equilibrium price, the quantity bought= quantity sold. Consumers have enough goods at the given price, meaning that there isn't anyone who wants to buy the good at that price but can't, and producers use their resources efficiently.
The whole economy does not waste resources, since this is the market-efficient outcome, and there aren't many shortages or surpluses for the same reason. </span>
Answer:
c. $74,000
Explanation:
Raw Material Ending Inventory = Raw Material Beginning Inventory + Purchases - Cost of material for the year
Raw Material Ending Inventory = Raw Material Beginning Inventory + (Total Purchases- Indirect material purchased) - Cost of material for the year
$25,000 = $27,000 + ( $100,000 - $28,000 ) - Cost of material for the year
$25,000 = $27,000 + 72,000 - Cost of material for the year
$25,000 = $99,000 - Cost of material for the year
Cost of material for the year = $99,000 - $25,000
Cost of material for the year = $74,000
Answer: Developing marketing strategies
Explanation: In simple words, the strategy used by organisations to attract potential customers and persuading them to purchase the product is called the marketing strategy.
This strategy consists of a number of tools like advertising, discounts offering, availability in market etc.
Thus determining the target market and the position of the product comes under the purview of marketing strategy.
Answer:
The correct answer is letter "C": frequently use accounting information.
Explanation:
Financial Analysis is a general term that refers to the use of accounting data to make decisions regarding business and investment. Managers use financial analysis in business to help them operate the organization more effectively and, thus, more profitably. Typically financial calculations used by business managers include<em> accounts receivable turnover ratio, break-even points, net present value, internal rate of return, </em>and<em> capital employed ratio</em>.
Answer:
management's discretion to choose alternative accounting procedures with in GAAP SEC required reporting regulations for all entities.
Explanation:
Base on the scenario been described in the question, we can say that management's discretion to choose alternative accounting procedures with in GAAP SEC required reporting regulations for all entities.