I think that any bank or incorporated banking institutions involved can become members.
Answer: 1.6 cheesecakes
Explanation: Opportunity cost is simply the cost of a forgone alternative. It is the cost of an opportunity forgone (and the loss of the benefits that could be received from that opportunity); the most valuable forgone alternative.
If Marv can decorate 8 wedding cakes or 13 cheesecakes, it follows that the opportunity cost of making 8 wedding cakes is 13 cheesecakes. The question asks the cost of making a cake. This is given by:
13/8 = 1.625 cheesecakes
= 1.6 cheesecakes to the nearest tenth as the answer.
Answer:
$7,200 favorable
Explanation:
The computation of the material quantity variance is shown below:
= Standard Price × (Standard Quantity - Actual Quantity)
= $4 per gallon × (2 gallons × 7,000 units - 12,200 gallons)
= $4 per gallon × (14,000 - 12,200 gallons)
= $4 per gallon × 1,800 gallons
= $7,200 favorable
All other information which is given is not relevant. Hence, ignored it
Answer:
Option D. Not enough information to answer this question.
Explanation:
There are number of factors the company considers before entering or exiting the market and some of these include Marginal cost or marginal revenue analysis, project analysis which considers the future cost and benefits by continuing the business, Porter five forces factors consideration before entering, Capabilities and resource analysis, etc.
So merely a price doesn't decides that we going to enter the market or we are leaving the market. Their are chances that we can control the cost of that the competitor starts selling the product at cost which will have harmful impact.
So the information provided to answer this question is not enough.
Answer:
b
Explanation:
An example of credit is when a person borrows money from a finance company to buy a car. Once credit is extended to a person and is used for a purchase, the credit is converted to a debt, and the person has the financial obligation to repay the loan.
