You have been given the following information for Nicole's Neckties Corp.: Net sales = $2,500,000; Cost of goods sold = $1,300,0
00; Addition to retained earnings = $30,000; Dividends paid to preferred and common stockholders = $300,000; Interest expense = $50,000. The firm's tax rate is 40 percent. What is the depreciation expense for Nicole's Neckties Corp.?
The marginal analysis will be least beneficial when D. deciding whether to take a lunch break or knock on another door as a door-to-door salesperson.
<h3>What is marginal analysis?</h3>
Marginal analysis simply means an examination of the additional benefits and the additional cost that can be incurred on a product.
In this case, marginal analysis will be least beneficial when deciding whether to take a lunch break or knock on another door as a door-to-door salesperson.
The barter system is a form of trading in which goods are exchanged directly for other goods without the use of money or as an intermediary, without a medium of exchange. The invention of money supplemented the barter system by providing a nonperishable medium of exchange.
A price ceiling is when a government decides what the maximum price for a certain commodity or a product can be. It can be put to good use if the people are poor and cannot purchase a necessary product such as flour or water or similar. Then the government can help them procure it with a price ceiling.
