Answer:
Sackett’s ending inventory is $16000
Explanation:
given data
Units Unit Price
September 4,000 $2.00
October 4,000 $2.10
December 2,000 $2.30
to find out
FIFO method what is Sackett’s ending inventory
solution
we know here that unit sold = 16000 units
available for sale = 22000
so ending inventory = 22000 - 16000
ending inventory = $6000
so
unit included 6000 is latest purchase are
so November purchase 5000 @ 2.7 is = $13500
and June purchase 1000 @ 2.5 is = $2500
so total will be = $13500 + $2500
total = $16000
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Answer:
The correct answer is (a)
Explanation:
Increase in prevailing interest rate can lead to an increase in the demand of a currency. Likewise, if the British interest rate increases, the other countries will likely to buy pounds or fewer dollar-dominated currencies or securities. So, the German investors are likely to buy fewer dollar-dominated securities and the euro is likely to depreciate relative to the dollar.
Answer:
The correct answer is A. Greater than the competition a member of a strategic group and companies outside that strategic group.
Explanation:
Companies that sell products or offer similar services to the same segment of the population are in a strategic group. For example, a haute cuisine restaurant and a fast food restaurant are both restaurants, but companies would be in different strategic groups, since they usually do not have the same customers. Similarly, a fashion boutique and a haute cuisine restaurant serve the same clientele, but they are in different strategic groups because companies offer different products. The examination of companies that operate within the same strategic group is called analysis of strategic groups.
This type of analysis is often discussed in conjunction with the market focus. In the market approach, the population of consumers is divided into market segments that share common characteristics such as education level, income, age and gender. Research companies study the general preferences of market segments and then use those preferences in gear products and services to specific market segments that are served by strategic groups.