Answer:
The cost of goods sold
Explanation:
The cost of goods sold is the term used to describe the direct expenses incurred by a company in producing the products sold a period. It incorporates the cost of direct labor, direct materials, and overheads used in producing goods that were sold to customers.
The cost of goods sold must not contain indirect expenses such as sales commissions and distribution costs. The aim of calculating the costs of goods sold( COGS) is the find the true cost of the goods purchased by customers. COGS is obtained by adding finished beginning inventory plus net purchases minus finished ending inventory.
Answer:
Assets = Liabilities + Stockholder's
Equity
(a) cash = $3,940 Notes payable = $3,940
(short term)
(b) cash = $4,630 Common
stock =$4,630
(c) Equipment = $1000 Notes payable = $800
Cash = (-$200) (short term)
(d) Supplies = $300
Cash = (-$300)
(e) Supplies = $700 Accounts receivable = $700
Government regulations are necessary because they protect public safety and market fairness. For example, food safety regulations help protect consumers from pathogens that could cause widespread illness. By creating regulations, the government can make the food-borne illness less likely. However, even though these regulations are necessary, they must still meet constitutional requirements. Producers and consumers have the right to own and use property, among other constitutional rights.
Answer:
see below
Explanation:
The balance in Lucia's account is 1.05 times the original deposit, reflecting addition of 5% interest for the year.
The ticket price is the original price multiplied by (1 + inflation rate). The number of tickets that Lucia can purchase is the account balance divided by the ticket price. The quotient is rounded down to the nearest integer.
The "real interest rate" is the percentage change from the original number of tickets that could be purchased.
Answer:
1. New-product strategy development.
2. Idea generation.
3. Screening and evaluation.
4. Business analysis.
5. Development.
6. Market testing.
7. Commercialization.
Explanation:
New product strategy is the first one as described and the remaining are briefed below:
Idea Generation: This steps creates the idea for how the product shall be created.
Screening and evaluation: This helps in evaluating the idea generated and comparing it with the practical manner.
Business Analysis aims at analyzing the business prospect of the new product.
Development is done once all of the above steps are in affirmation.
Market testing is done after the development about the market captured by the product or to be captured.
Commercialization basically aims at the proper introduction of the product in the market.