Answer:
Inventory= $3,240
Explanation:
Giving the following information:
They made the following purchases during August:
August 01: 300 units $1,560 total cost
August 12: 400 units 2,340 total cost
August 24: 400 units 2,520 total cost (2520/400= $6.3)
August 30: 300 units 1,980 total cost (1980/300= $6.6)
A physical count on August 31 reveals that there are 500 units on hand.
FIFO (first-in, first-out)
Inventory= 300*6.6 + 200*6.3= $3,240
Answer: Option (e) is correct.
Explanation:
Correct Option: both a and c
Marginal revenue is the amount that is added to the total revenue, this amount is created due to an additional unit of output produced by the firm.
Price taking firms are the firms which operates in a perfectly competitive market. In this type of market condition, prices are determined by market forces. Hence, the constant prices will result in unchanged marginal revenue and thus it is horizontal to the x-axis at any given price level. Price level remains the same at any level of output.
Answer:
Transformational Leader
Explanation:
A transformational leader is someone who inspires and motivates employees to be innovative and create change to help achieve overall success of the business. The leader will encourage workplace ownership and independence in order to make employees feel like they are trusted and their ideas are valuable.
Instead of micromanaging, transformational leaders tend to delegate work. This is done by allowing workers to be creative, take authority, learn from mistakes and find their own solutions to problems than being told what to do.
When such mentoring and training is done, employees not only feel a sense of belongingness and trust in the workplace but are able to feel a sense of achievement, accomplishment and boost in self-esteem.
<span>Canada's GDP does not indicate that Canadians have the eleventh-best standard of living. A nation's per capita GDP is a better standard-of-living indicator, because it measures average income. Using this measure, it looks like Canada has a better standard of
living than all but one other nation.
</span>
<span>GDP per capita is the PPP value of all final goods and services produced within a country in a given year divided by the average population. </span>
