Answer:
The answer is D. All of the above are plausible
Explanation:
A. Opportunity costs are relatively low is reasonable because as football game is taking place, most of the local people will go to the field to enjoy the field rather than spending their time at local shops/restaurants. Moreover, there are not many people from other towns visiting these facilities because of far distance.
B. is reasonable because it is high school football not professional football so the expenses spent on watching the game is low.
C. is is plausible because these towns are quite remote so watching their young neighbors/relatives playing may be one of the few entertainment choices available to them in weekend.
=> So, the answer is D.
Answer:
A speaker's personal appearance should be consistent with the occasion of the speech.
Explanation:
First impressions and the appearance of a speaker are important because generally an audience forms an impression of a speaker before any words are said.
It is compute the dilutes earnings per share. I think it’s B.
Answer:
False
Explanation:
As for the given instance, the market is not solely dependent on Van's Fire Engines, as it is a competitive market.
The supply and demand are inversely proportional and does not depend on change of price in a competitive market.
Accordingly even after decline in the price from $105,000 to $90,000, the production quantity will not be affected similarly with the same proportion.
Further, Total revenue might be affected as with decrease in price might light to more sale, and there might be slight change both upward or downward in such sales revenue.
But since the change will never be in same proportion to change in price.
Thus, the statement above is false.
Income statement FIFO LIFO Average
sales (350*50) 17500 17,500 17,500
cost of goods sold 9800 12,250 11,130
0 0 0
Gross profit 7700 5250 6370
Expenses 1,700 1,700 1,700
net income 3550 4670 4670
An income statement is a financial report detailing a company's income and expenses over a reporting period. Also known as the Income Statement (P&L), it is typically produced quarterly or annually. An income statement shows the financial performance of a company over a period of time. There are four main financial statements.
The purpose of an income statement is to show the financial performance of a company over a period of time. It conveys the financial history of the company's activities. The income statement shows all income and expense accounts for a period of time.
Learn more about Income statements at
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