Answer:
Opportunity cost = $6900 monthly or $82800 yearly.
Explanation:
Opportunity cost = $6900 monthly or $82800 yearly.
The opportunity cost is the gain forgone for the other alternative, or ultimately a loss to acquire other opportunity.
Here, the opportunity cost is gain of $6900 forgone to operate the fitness studio within the store by Nike.
Answer:
I believe it's "a decrease in income if good X is an inferior good"
Explanation:
If the price is decreased people are more likely to buy it. If people have more money they are more likely to buy more thinks including good X. An increase in popularity with good X is sure to make more people want to buy it, so the second option is the only one that really makes sense.
Post a picture or something because that doesn’t make any sense
These gains and losses may be described or classified as either operating or nonoperating, depending on their relation to an entity's major ongoing or central operations.
<h3>What does Conceptual Framework say about profit and loss?</h3>
- The Exposure Draft proposed that, because profit or loss is the primary source of information about an entity's financial performance for the period, the framework should include a presumption that all income and all expenses will be included in that statement.
- The FASB's conceptual framework classifies gains and losses based on whether they are related to an entity's major ongoing or central operations.
- Nonoperating are “other” gains and losses.
To learn more about Fasb gain and loss, refer
to brainly.com/question/24448358
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Answer:
775 units
Explanation:
By forecast,
June sales = 400 units
July sales = 700 units
if ending inventory equal to 125% of next month's sales
Then June's ending inventory = 125% × 700
= 875 units
May's ending inventory = 125% × 400
= 500 units
Opening inventory + production - sales = closing inventory
Using the formula above, where p = production
500 + p - 400 = 875
p = 875 - 100
p = 775
Production required for June is 775 units.
