The correct answer is B) False
Answer:
The correct entry would be:
Account Debit Credit
Finished Goods xxxxx
Work-in Process Curing xxxxx
Work-in Process Blending xxxxxx
Answer: 5.35 years
Explanation:
This question requires the use of the Number of periods utility on Excel called NPER.
Rate will be 12%
Pmt will be -3600
Pv will be -12000
Fv will be 47000
Then click okay.
<em>It would take approximately 5.35 years.</em>
Answer:
the BOM stock is $26,846
Explanation:
The computation of the BOM stock for the feb month is shown below:
But before that following calculations need to be done
Average stock is
= net sales ÷ stock turnover
= $75,000 ÷ 2.6
= $28,846
Now the basic stock is
= Average stock - monthly sales
= $28,846 - ($75,000 ÷ 6)
= $16,346
And, finally BOM stock is
= Planned sales + basic stock
= $10,500 + $16,346
= $26,846
hence, the BOM stock is $26,846
Answer: "B) Difficult entry, C) Mutual interdependence, D) Market control by a few large firms" are other characteristics of this market structure.
Explanation: An oligopoly is a market structure where there are few relevant competitors and each of them has some capacity to influence market variables (such as price and amount of balance).
The Oligopoly characteristics are:
Small group of producers.
Producers can influence the price and market quantity.
They are strategically interdependent speaking.
There are usually barriers to entry for new producers.
The product offered can be interchangeably homogeneous or differentiated.