Answer:
The company must not make any adjustment entries in year x3 since the FOB means "Free on board" and at the moment the buyer delivers the goods at the port of shipment, at that time the risks of loss or damage of merchandise are transferred to the buyer from the seller
When this happens, the sale is made since the seller no longer owns the merchandise.
n this case, the seller does not own the merchandise since December 28 and has already made the corresponding records. so he should not make any adjustments.
Answer:
C. financial break-even point.
Explanation:
Break even point in economics is the point in the business, wherein cost and revenue generated are equal and business make no profit, no loss. Similary Financial break even has a same concept, however, it is a point in business, wherein earning before EBIT is equal to the fixed financial cost of the company and these fixed costs should be earned by the company to run its business and meet its fixed financial obligation. The earning above the financial break-even point is a profit to the shareholder.
Point in financial break even, wherein earning per share is equal to zero.
Answer:
E. Invest in mutual funds.
Explanation:
Individual investors tend to have relatively small portfolios and are usually unable to realize economies of size. The best strategy is to pool funds with other small investors and allow professional managers to invest the funds. Here, a fund manager is hired to invest the cash the investors have contributed, and the fund manager's goal depends on the type of fund; a fixed-income fund manager, for example, would strive to provide the highest yield at the lowest risk.
Answer:
Explanation:
For computing the demand for each sale, first we have to compute the average sale for each season which is show below:
Average sale in fall = (240 + 260) ÷ 2 = 250
Average sale in winter = (340 + 300) ÷ 2 = 320
Average sale in spring = (140 + 160) ÷ 2 = 150
Average sale in summer = (320 + 240) ÷ 2 = 280
Demand for next fall = (250 ÷ 1,000) × 1,200 = 300
Demand for next winter = (320 ÷ 1,000) × 1,200 = 384
Demand for next spring = (150 ÷ 1,000) × 1,200 = 180
Demand for next summer = 1,200 - (300+384+180) = 336
Answer:
Tragedy of the commons.
Explanation:
The "Tragedy of the Commons" refers to the phenomenon where People overuse a common resource. It is a situation arise when individual user share resources with much other and demand increase in comparison to the supply of resources, which lead to depletion, destruction, or damage to resources due to overconsumption. It can be prevented by using certain measures like fixing ownership of resources, assigning basic rules and regulations for usage of resources, penalizing for damage, etc.
In the given case, a retired athlete built a gym and made it common and free for neighborhood residents, which lead to overuse of gym facility and that is a tragedy of common arise.