I think false. It is based on supply and demand.
Answer:
Cost of goods sold= $32300
Explanation:
The cost of goods sold refers to the direct costs attributable to the production of the goods sold in a company. This amount includes the cost of the materials used in creating the goods along with the direct labor costs used to produce the goods. It excludes indirect expenses, such as distribution costs and sales force costs.
COGS=Beginning Inventory+Production during period−Ending Inventory
COGS= $16,100 + 35,500 - $19,300= $32300
Answer:
competitive advantage.
Explanation:
Competitive advantage -
It refers to the strategy , by which a company is capable to generate the same or similar goods and services , in avery lower price or in a manner , which can not be copied by anyone , is referred to as a competitive advantage .
The strategy makes the company profitable and better than other companies , and have a upper hand over other companies .
And these companies give a tough competition to the other companies , by their goods and services .
Hence , from the given scenario of the question ,
The correct term is competitive advantage .
I believe the answer is Accuracy
According to CRAAP Principle, accuracy defines whether the creator make appropriate preparation in making the product.
This includes whether the information is well researched, the quality of language and tone that they use, the quality of editing, etc.
Answer:
a. $7, 283 net income
Explanation:
The debits in an income statement represents the expenses while the credit entries represent the income. As such, given;
Total debits = $20,303
Total credits = $27,586
Net income/(loss) = $27,586 - $20,303
= $7,283
Since the total credit (income) is more than the total debit, the net of the two balances result in a net income.
The answer is a. $7, 283 net income.