I would suggest it would most likely to be either A or B or both, however if I had to pick one I would go for A.
A - The question suggests you may have been putting more effort and <span>enthusiasm</span> into sales of the products for your new business "<span>you were so excited about the large volume of orders you had" which may mean after your first year of business you may have started to slack of or get complacent with putting you business out there marketing wise, also when launching a product for the first time people are interested in the new and latest thing (such as a new business) after a while people start to forget unless you have marketing and advertising to remind them.
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B - If the product you offer is unique and you were the first business to sale this / these items then after a year it is possible other competitors have started to copy you however this would completely depend on the products you sale.
C - Given you already had large orders in the first year people are happy to pay for the products you offer so this would exclude C.
D - If you have already had many orders in the first year people obviously want the products you sale even if you only sale 1 or 2 things so unlikely to be D.
An ever-expanding variety of goods and services are in demand by consumers all around the world. given the importance of world trade, countries are inclined to attempt to control the trade for their own benefit.
The General Agreement on Tariffs and Trade is now administered by the World Trade Organization. The International Court of Justice is composed exclusively of U.S. judges. The Dispute Settlement Body of the World Trade Organization (DSB) is a bona fide court.
International trade allows countries to expand their markets and gain access to goods and services that were not available domestically. World trade has made the market more competitive. This ultimately leads to more competitive pricing and consumers get cheaper products.
Learn more about world trade at
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The answer is during the period of inventory valuation. It is
the cost linked with an entity’s inventory at every end of the accounting
period. The FIFO method means first in, first out technique which undertakes
that the first product that was obtained are also the first ones to be retailed
or sold.
Answer:
degree of operating leverage= 4.742
Explanation:
Giving the following information:
Contribution margin 73,500
Net operating income $ 15,500
<u>To calculate the degree of operational leverage, we need to use the following formula:</u>
degree of operating leverage= Total contribution margin / operating income
degree of operating leverage= 73,500 / 15,500
degree of operating leverage= 4.742
