Answer:
COGS = 118,000
Explanation:
From the inventory identity we will solve for COGS
the right side is the origin of the goods, are either purchased or come from prior period
the left side, is the destination, the use of the goods, it could either be sold or is still in stocks.
Now, to sovle, we plug our values and clear for COGS
15,000 + 130,000 = 27,000 + COGS
COGS = 15,000 + 130,000 - 27,000
COGS = 118,000
Answer:
b. a proprietorship
Explanation:
A proprietorship -
It refers to the most simplest business form , where one can start or operate an business , is referred to as a proprietorship .
A sole proprietorship refers to the person , who can operate a business , and is responsible for any type of loss or debt , is referred to as a sole proprietorship .
Hence , from the given scenario of the question,
The correct option is b. a proprietorship .
The cost of renting the skies at a local sporting goods store is given and we have to find the suitable equation which supports the given data.
Given
cost of renting is $15
Per day cost $20
<h3>Fixed and Fluctuating cost</h3>
The renting cost is $15 and is a fixed cost which will remain constant i.e. $15 , no matter you rent skies for how many days.
The cost per day for renting skies is a fluctuating cost and it will change with the change in number of days.
The equation should be
where;
$20 is the price per day
d represents the number of days
$15 is the rental price
Therefore the equation that models the relationship between the total cost to rent, c, and the length of the rental in days, d is "" and OPTION C is correct.
Learn more about cost here:
brainly.com/question/1169670
Answer:
shifts inward to the left and both intercepts will decline.
Explanation:
A budget line shows the various combinations an individual can purchase of two goods given an income level or budget.
When there is an increase in price, the number of goods that can be bought at all price levels decreases, there is a shift in the budget line to the left.
This is illustrated in the attached diagram. When price increases there is a shift from A'B' to AB