Answer: false
Explanation: The rationing function of price describes the way in which the use of price is done for rationing of several scarce resource. This is done automatically by the market forces of demand and supply as when the demand for a commodity exceeds its supply the price of the commodity rises leading to decrease in demand.
Thus, rationing function states to ration the goods and distribute them carefully and not to distribute the surplus amount.
Knowledge that is taught as part of a course of study.
Answer:
e. describes "where we are going" by delineating the course and direction management has charted for the company's future product-customer-market-technology focus.
Explanation:
The vision is how the company will shape the future. How is going to be in term of culture, place in the market and consumer view of the brand.
It is the idealistic foundation of the firm. Is the goal as pure as it can be.
Later, with mision and objective it will break down into smaller part to reach that greater the vision entails
Answer:
You get the highest net income in year 2 with <u>Units-of-production method.</u>
Explanation:
Schedule of depreciation expense, accumulated depreciation, and book value per year for the equipment under the three depreciation methods is attached.
<u>Straight-line
</u>
Depreciation expense 2nd year=$5.000=(Original Value -Residual Value)/Useful life
<u>Units-of-production
</u>
Units of Production Rate=2.5=(Original Value -Residual Value)/estimated productive life
Depreciation expense 2nd year= 7250
<u>
Double-declining-balance.
</u>
Depreciation rate 20,00% 1/useful life *100
Depreciation expense 2nd year= 6720
Answer:
can u show the case study