Answer: b. $14,000
Explanation:
Taxes are 30%. If the LIFO amount will result in $900 more being paid in taxes then that means that $900 is 30% of the increase in income from LIFO.
Increase is therefore;
900 = x * 30%
x = 900/30%
x = $3,000
Income before tax using LIFO;
= FIFO income + increase in income
= 11,000 + 3,000
= $14,000
Answer:
False because Clan is most likely following more for less strategy.
Explanation:
Value proposition is a situation where the customer is answered for his question as to why he should prefer the sellers brand. It is an overall positioning strategy followed by the sellers. Such a strategy has five different propositions which are as follows out of which the last fifth one is the one followed by Clan in which the seller offers more benefits to the existing buyers of a different brand at a lower cost.
- More for More : More benefits at a more higher prices as those offered by the competitors.
- More for the same: More benefits at the same price offered by the competitors.
- The same for less: Under this same benefits at a lesser price is offered as compared to those by the competitors.
- Less for much less: Lesser benefits at lesser price.
- More for less: Followed by companies for achieving impressive positions in the market by offering more benefits at lower costs.
Answer:
shoe-leather costs
Explanation:
Inflation is a persistent rise in general price levels.
shoe-leather costs of inflation is the cost in terms of time and effort spent by individuals in reducing their cash holdings in order to avoid paying inflation tax.
Bob's shoe cost of inflation includes :
1. the time and effort expended in going to purchase items immediately he is paid
2. the time and effort expended in converting the money he didn't spend to a more stable foreign currency.
I just took the test the answer is ,
- C : teams will reduce tensions between workers
Answer:
False
Explanation:
Monopoly production will lead to a lower output at a higher price compared to the competitive production sice a smaller amount of service is produced and sold at a higher price. So it doesn't make sense to charge a monopoly price.
