<span>5. Identifies a product with a mark which can be "read" by electronic scanners.
UPC is a machine scannable bar code that's used in the United States, Canada, United Kingdom, and many other countries for tracking items in stores. The very first UPC marked item scanned at a retail checkout was a10-pack of Wrigley's Juicy Fruit chewing gum on June 26, 1974. This item was put on display in the Smithsonian National Museum of American History in Washington, D.C.
With that in mind, let's look at the options and see what does or does not make sense.
1. Was required by the federal fair packaging and labeling act.
* Since this act requires "consumer commodities" to be labeled with their identity, name & place of manufacturer, and its quantity, this is far more information than a 10 digit code can encode. So this answer is wrong.
2. Slows down the retail checkout process.
* If the UPC code slowed things down, that would increase the cost to the retailers for no gain. In fact, the use of the UPC has reduced checkout times and has improved accuracy. So this choice is also wrong.
3. All of the above are true.
* Since the above 2 are wrong, so is this.
4. Involves placing the price per ounce on or near the product.
* The UPC identified what the item is. The price doesn't appear on the UPC. So this too, is wrong.
5. Identifies a product with a mark which can be "read" by electronic scanners.
* This is exactly what the code does. So this is the correct choice.</span>
Answer:
COGS= $158.4
Explanation:
Giving the following information:
August 2: 10 units were purchased at $12 per unit
August 18: 15 units were purchased at $14 per unit
August 29: 12 units were sold.
First, we need to calculate the weighted-average purchasing price:
weighted-average purchasing price= [(10*12) + (15*14)]/25
weighted-average purchasing price= $13.2
COGS= 12*13.2= $158.4
Answer:
B
Explanation:
The law of supply states that there is a positive relationship between price and quantity of a good supplied. This means that supply curves typically have a positive slope.
The supply is determined by:
-the price of the good or service (note 1).
-the cost of producing the good, which depends on the price of required inputs and the technologies that can be used to produce the product.
-the prices of related products.
(note 1) If desire for goods increases while its availability decreases, its prices rise. On the other hand, if availability of the good increases and the desire for it decreases, the price comes down.
In this case, if a toy became popular and the scarce increase, the price will rice and the supply quantities will increase.
Answer:
$13.06
Explanation:
Data provided in the question
Expected dividend pay every year = $1.10
And the equity cost of capital is 8.4%
So, the price expected to pay per share ten years in future is
= Expected dividend pay every year ÷ the equity cost of capital
= $1.10 ÷ 8.4%
= $13.06
By dividing the expected dividend by the equity cost of capital we can get the price