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yanalaym [24]
4 years ago
15

Opportunity cost is a key in determining

Business
1 answer:
Afina-wow [57]4 years ago
5 0

Answer:

A comparative advantage

Explanation:

This is because with oppurtunity costs we are comparing between options.

You might be interested in
Average Rate of Return—New Product Micro Tek Inc. is considering an investment in new equipment that will be used to manufacture
VladimirAG [237]

Answer:

155%

Explanation:

The computation of Average rate of return is shown below:-

Annual operating income = Sales - Manufacturing cost

= (4,000 × $450) - (4,000  × $264)

= $744,000

Average investment = (Initial cost + Residual value) ÷ 2

= ($940,000 + $20,000) ÷ 2

= $480,000

Average rate of return = Average annual operating income ÷ Average investment

= $744,000 ÷ $480,000

= 155%

4 0
4 years ago
Th process of gaining the resources and skill needed in managing consumer resources is known as
storchak [24]

Answer:

A.) Consumer Education

Explanation:

CRM is an acronym for customer relationship management and it typically involves the process of combining strategies, techniques, practices and technology so as to effectively and efficiently manage their customer data in order to improve and enhance customer satisfaction.

Simply stated, it's a strategic process which typically involves collecting customer information for the purpose of improving a customer's future experience.

Therefore, this employees are saddled with the responsibility of ensuring the customer are satisfied and happy with their service at all times.

In this context, consumer education is a strategic process which typically involves gaining the necessary resources and skills required to manage consumer resources in order to continue to provide satisfactory services to them.

5 0
3 years ago
Read 2 more answers
Beginning inventory, purchases, and sales data for DVD players are as follows: November 1 Inventory 52 units at $79 10 Sale 35 u
andrezito [222]

Answer:

November 1 Inventory 52 units at $79

November 10 Sale 35 units

  • COGS = 35 x $79 = $2,765
  • Inventory balance = 17 x $79 = $1,343

November 15 Purchase 27 units at $83

November 20 Sale 25 units

  • COGS = (17 x $79) + (3 x $83) = $1,592
  • Inventory balance = (24 x $83) = $1,992

November 24 Sale 13 units

  • COGS = 13 x $83 = $1,079
  • Inventory balance = 11 x $83 = $913

November 30 Purchase 39 units at $86

  • Inventory balance = $913 + (39 x $86) = $4,267
6 0
3 years ago
You have been assigned to perform a Financial Statement Analysis on General Motors. You calculated a number of financial stateme
Veronika [31]

To perform a Financial Statement Analysis, one should use  ratio analysis as it will likely perform on this type of information.

<h3>What is Ratio Analysis of Financial Information?</h3>

Profitability ratios is known to be the tools used to look or assess a the strength of a  firm in terms of earning profits from its sales or  its operations.

Note that the use of ratio analysis is one that can be used measure profitability, short-term liquidity and others and as such it is the best for the information above.

Learn more about Financial Statement  from

brainly.com/question/24498019

#SPJ1

8 0
2 years ago
In her local supermarket susan purchases green beans in a white can simply labeled as green beans. this represents a(n) ____ bra
Zigmanuir [339]
<span>This can of green beans represents a generic brand (Answer A). The can is simply telling you what the product is. It does not have a unique design or large logo that is trying to tell you who makes the green beans. It simply is letting you know the product being sold.</span>
3 0
3 years ago
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