Answer: $46,369,000
Explanation:
At the end of the year, all the costs associated with inventory and operations have been dealt with in the income statement.
This means that if the entire inventory were sold at current prices which is $46,369,000, the addition to revenue will be what the goods were sold for which is the current price.
Options do not have this answer but that is it.
Answer:
Assuming factors other than those being considered In a particular analysis do not change
Explanation:
ceteris paribus means all other things remaining equal. It means other factors other than those being considered In a particular analysis do not change.
For example, according to the law of supply, all other things remaining equal, the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.
It is expected that the higher the price, the higher the quantity that would be supplied as suppliers would want to maximise profit. This is assuming that other factors apart from price don't change. Now assume that the government place a limit on the amount of a good that can be produced. If the limit is exceeded, erring firms can face jail time. Once this limit is exceeded, no matter the price increase, the quantity supplied would not rise.
Answer:
10%
Explanation:
if you do 10% off of 90$ you get 81$
Answer:
$12
Explanation:
Stand alone sale price = (Cost of chair) * (Discount % of voucher-Normal% of discount) * (% of coupons to be utilized)
Stand alone sale price = $150 * (50%-10%) * 20%
Stand alone sale price = $150 * 40% * 20%
Stand alone sale price = $12
Therefore, the Stand alone selling price used by Gore Inc. is $12