Answer:
$9,280
Explanation:
The computation of the inventory amount reported in the balance sheet is shown below:
(A) (B) (A × B)
<u>Particulars Quantity Cost per item NRV Lower of Reported</u>
<u> Cost or Market Amount</u>
Item A 80 $87 $102 $87 $6,980
Item B 40 $82 $57 $57 $2,280
Total $9,280
Answer: b.point that total sales equals total costs
Explanation:
The Cost-Volume-Profit chart shows the relationship between total costs, volume of goods produced, sales and profit. This chart is very useful as it can show the effect that a change in one variable can have on the others.
The point where the sales line and the total costs line intersect is the point <em>where total sales equal total costs</em>. This point is the break-even point and after this point the company begins to make profits but before this point, the company is making losses.
<span>C. Val always thought snowmobiles were really cool.</span>
Answer:
E)Employee involvement
Explanation:
Employee involvement can be regarded as taking part of employees in decision-making process that are crucial to the organization, so that the goals of the organization are met. When employees there is involvement of employees in making decisions, there will be some professional as well as personal stake gained by the employee in the organization as well as the organization overall success. As a result of this there would be increased productivity in part of employees because they will take part actively in various aspects that will bring about success of the firm.
A recession is a time in an economy whereby trade and industrial activities is low.Economists believe that towards the end of this period is the best to start a business due to the following reasons: at this time things are more affordable as there is low circulation of money in the economy. Low-interest rates on loans thus credit is cheaper. Additionally, there will be less competition as the money is in the hands of few people during this time. Finally, many people want to save money and thus clients will be on the lookout for more affordable alternatives.