Answer:
The Number of cycles is 4
Product Daily Quantity Daily Unit per cycle
A 18 18/4 = 4.5 units
B 16 16/4 = 4 units
C 4 4/4 = 1 unit
D 16 16/4 = 4 units
Answer:
c. Exchange creates value by moving goods from parties who value them less to parties who value them more.
Explanation:
Exchange is described as the process of changing some goods for some other goods.
Exchange clearly provides you with the goods you value for, and in exchange for those goods you pay the goods you do not value.
This, results in adding value to the goods acquired by you, and adds value to the goods given by you for the person to whom it is exchanges.
As for example when a cloth is purchased by me for $100 then such adds the value to cloth and because it was worth less than $100 for the seller it has added value to the cloth.
<u>Solution and Explanation:</u>
The following guidelines as per the previously issued FASB statements of the Financial Accounting Standards, and APB Opinions, or the accounting research bulletins and the staff positions.
<u>The appropriate match for the each of the pronouncement is as follows:
</u>
1. E (Interpretations)
2. C (Technical Bulletins)
3. B (Opinions)
4. D (Statements of Financial Accounting Concepts)
5. G (Accounting Research Bulletins)
6. A (The statements of the Financial Accounting Standards)
7. F (The Staff Positions)
You can learn a lot about a consumer based on the choices the person makes. If the buy the same brand or type of item consistently, you can tell they favor that brand. If they buy what's on sale, then they are a bargin shopper looking for a good deal. You are able to figure out a consumers buying habbits based on the type of purchases they make.
