The answer is the inflation from 2005 to 2006 has changed by [3.6%]
The costs of carrying inventory include the costs of .
- theft
- storage
- spoilage
- obsolescence
<h3>What is inventory carrying cost?</h3>
Inventory carrying cost can be defined those cost or expenses incurred by companies so as to store their products or goods in their warehouse.
Most companies tend to incur this type of cost because they will need to stock or keep inventory for a period of time and sometimes this store inventory are at risk of be stolen or damaged.
Therefore the costs of carrying inventory include the costs of, theft, storage, spoilage and obsolescence.
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Answer:
Limited liability for shareholders
Explanation:
Limited liability implies that owners or shareholders are legally responsible for the company's debts only to the extent of the amount of capital the shareholders invested.
Profit = $40,000
Given,
Total sales are $500,000
Total fixed costs are $300,000
Contribution margin ratio is 68%
Solution:
Profit = Total Sales × Contribution margin ratio − Total Fixed costs
= $500,000 × 68% − $300,00
=$340,000 −$300,000
Profit =$40,000
Profit:
Profit; also known as net income is the financial gain acquired when the amount of revenue generated by a company exceeds costs and expenses. Profit is the bottom line of a company′s income statement that shows the financial performance during the period.
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Answer:
Buying in bulk stops being a wise spending choice when the consumer buys more than is needed
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