<u>Answer:</u>
<em>B) Selling costs
</em>
<em></em>
<u>Explanation:</u>
Organizations need to follow the entirety of the expenses that are legitimately engaged with delivering their items available to be purchased, notwithstanding other operational expenses. These immediate expenses are known as the expense of merchandise sold (COGS), and this figure shows up in the organization's benefit and misfortune articulation (P&L). It's likewise a significant piece of the data. The organization must give an account of its expense form.
The expense of extra items acquired or created during the year is included, and afterward, stock toward the year's end is subtracted.
I believe that the answer would be C and D.
Answer: Option C
Explanation:
A. In the above case the statement stating superiority of cookware is stated by the experts themselves thus it cannot be considered an assumption.
B. The above case clearly states that the magazine generates revenues from advertising thus it is not an assumption made, actually its a fact stated in the case that magazine will do so.
C. Nothing has been stats about the perspective of the cookware company as they might find the magazine unsuitable as there would be commercials for their competitors. Thus, we can say that it is an assumption.
Answer:
See below
Explanation:
Although a great GDP of 4% gives the impression of a strong economy, as is the case here, the inflation rate is much higher than desired. So, economic policies need to be reviewed in order to determine where the problem lies and what steps can be taken to remedy this situation.
Answer:
It will take 11.7 years to reach the objective
Explanation:
Giving the following information:
PV= $4,100
FV= $5,500
i= 0.0063
n= ?
To calculate the time required to reach the future value, we need to use the following formula:
n= ln(FV/PV) / ln(1+i)
n= ln(5,500/4,100) / ln(1.0063)
n= 46.78
in years= 46.78/4= 11.70
It will take 11.7 years to reach the objective
