Answer:
Producers and consumers :)
Explanation:
Market economies are run by buyers and sellers, there is no government involved.
Answer:
$14 million
Explanation:
Operating working capital = Operating current assets - Operating current liabilities
Operating working capital = $20 million - $6 million
Operating working capital = $14 million
The total net operating capital that XYZ, Inc. has is $14 million
Answer:
C. Total cost per unit times mark-up percentage per unit
Explanation:
The mark-up percentage is assumed to be computed by dividing the desired profit by the total cost.
The dollar amount of the mark-up per unit shall be computed by multiplying the total cost per unit with the markup percentage per unit.
The selling price of the product can be computed by adding the mark-up per unit to the cost price of each unit.
Answer:
C. Leniency Error
Explanation:
It is the tendency to give favorable ratings that are generally more lenient than true performance. In this case the manager does this to avoid conflict.
The average variable cost is 2400 because if you multiple 200 times 12 you will get 2400
