Answer:
False
Explanation:
If the demand is uncertain, if you use average demand to calculate the economic order quantity (EOQ), you will have a high probability of a stock-out occurring.
EOQ = √(2DS / H)
where:
D = annual demand in units
S = order cost per purchase order
H = holding cost per unit, per year
If D is uncertain, then the whole calculus will either be understated or overstated.
Answer:
Depreciation Expense = $16900
Explanation:
Using the units of production method. I will get the value of depreciation expense for the year 2. The units of production method calculate the value of depreciation using the formula is given below.
Depreciation expense = (Cost - Salvage value) / Total Units of Products x Units of production in second year.
Depreciation expense = ($87000 - $7000) / 400000 x 84500 = $16900
Wickland company will charge depreciation expense of $16900 using the Units of production method as during the second year of Wickland company depreciation expense is $16900.
<span>When white settlers from Europe moved to North America, Native Americans lost their reign on their land. They were forced out of the regions where they thrived, with many dying from battles or from the diseases that the Europeans brought over. It is estimated that more Native Americans died from diseases than from the actual battles that took place to defend their lands. In the 21st century, Native Americans live on 2 percent of the land in North Americ</span>
Answer:
B, A profit
Explanation:
Since HIdeki is giving out the trees to Ekaterina for free, it means that Ekaterina has a lot of profit already because he/she got the trees as a gift and did not need to purchase them thus saving him/her a lot of capital.
The money Ekaterina must have had in mind to purchase raw materials(trees) for the businees before being giftef 250 tress can go into another investment or expansion of the carving business.
Cheers.
Private owners' primary aim in capitalism is money creation.
A system of economics referred to as "capitalism" is one that promotes private ownership of the tools of creation, distribution, and exchange in order to generate profit. In this system, the market decides the production and pricing of the goods and services, hence supply and demand dynamics are very important.
An economic system known as capitalism is one in which private individuals own and manage the trade and industries of the economy in order to profit.
What is Capitalism:
Capitalism, which includes both the working class and the capitalist class, supports class differentiation, there is a significant gap between the rich and the poor. On the other hand, communism is opposed to class inequalities in society since it supports a society in which there is no distinction among the rich and the poor.
In a capitalist society, everyone is responsible for generating their own wealth. Contrarily, in communism, wealth is dispersed in accordance with needs and capacity. While there is intense competition between businesses in capitalism, this is not the case in communism, because the government controls the market. While capitalism exists in western nations, socialism is more prevalent in eastern nations.
Learn more about Capitalism:
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