Answer:
<u>Base the bid on the incremental costs incurred because the job will contribute toward the company's profit.</u>
Explanation:
Note that <em>the term having 'excess capacity' means the company has more than enough resources to bid for contacts.</em>
Since the company's overall goal is to make more profit it bidding strategy over its competitors should highlight that it has lower incremental (marginal) cost because of having full capacity in place. This fact would give the company an edge in the bid.
Answer:
1. Breast cancer is the fifth most common cause of cancer death. Positive statement
2. For women aged 60 to 69, breast cancer screening significantly reduces breast cancer mortality. Normative statement
3. Doctors should encourage women aged 60 to 69 to be screened for breast cancer. Normative statement
4. The government should force doctors to encourage women aged 60 to 69 to be screened for breast cancer. Normative statement
Explanation:
Normative statement usually expresses a value judgment. They are opinion based. It depicts whether the given statement is desirable or not. Statements 2, 3 and 4 are normative statements because they are giving values and passing judgement about when women should be screened breast cancer. It gives age group reference 60 to 69.
Positive statement are fact based. Just like statement 1 which gives the fact that breast cancer is fifth most common cause of cancer death.
Price-earnings ratio is calculated by dividing the market price of the stock by its Earnings per share (EPS). A high level of expected risk suggests a lower level of EPS as compared with the Market price; hence the Price-earnings ratio shall be higher.
Hence, the given statement “A high level of expected risk suggests a low price-earnings ratio” is false.
The answer is b. False.
Answer:
d. $240,000 to Premium on Bonds Payable.
Explanation:
The journal entry to record the issuance of the bond is shown below:
Cash A/c Dr $6,240,000 ($6,000,000 × 104%)
To Bonds payable A/c $6,000,000
To Premium on bonds payable A/c $240,000
(Being the issuance of the bond is recorded)
Since the bond is issued at 104 that reflects the premium on bond payable for $240,000
Answer:
reseller
Explanation:
A resller is a person that purchases finished goods and sells them again to customers in order to earn a profit. Resellers do not make changes or modify the products they buy. Resellers can be wholesalers or retailers.
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