The pavement markings that separate two lanes traveling in the same direction is A broken white line
<h3>What is a Pavement Marking?</h3>
This refers to the mark or sign that is on the road to show a particular function for motorists and pedestrians.
Hence, we can see that in the case of two lanes that travel in the same direction, the pavement marking that is used to clearly show this is called a broken white line.
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Some companies try to gain competetive advantage
Answer:
may give rise to conflicts of interest between dominant shareholders and small outside shareholders.
Explanation:
Concentration of ownership of a firm occurs when only a person or a few individuals own large portions of the company.
Decision making on important aspects of the business are taken by these circle of people.
Concentrated ownership is an internal governance system where the majority owners have high degree of control on how the business operates.
This leads to conflict between the major owners and other small shareholders. The small shareholders may feel left out in decisions concerning the business.
Answer:
Government resources
Explanation:
Factors of production are also known as inputs in the production process. They four in number and include land, entrepreneurship, capital, and labor.
- Land refers to the <u>natural </u>resources occurring beneath, above, and on earth's surface. They include minerals, fertile agricultural land, water, forests, air, gas, space for building, and many others.
- Capital refers to the resources required to start and run a business. It includes finances, technology, methodology, plants and machinery, among others.
- Labor is the human input in the production process. Human beings contribute skills, knowledge, energy, and time.
- Entrepreneurship is the mobilization and organization of all the other factors(land, capital, and labor) to start and run a successful business.
Answer:
Option d Cost of goods sold $620; Ending inventory $180 is the correct answer.
Explanation:
Under the periodic FIFO or First In First Out of inventory valuation, we calculate the value of inventory available for sale and at the end of the period we calculate the cost of goods sold by taking the first purchased inventories to be the ones that are sold first.
Thus, under the FIFO method, the cost of goods sold comprises of the cost of inventories that were purchased first and the cost of ending inventory comprises of the cost of most recently purchased inventories.
Jan 1 Beginning Inventory ( 140 * 4) = 560
June 2 Purchase (80 * 3) = <u> 240</u>
Cost of goods available for sale = 800
On November 5, 160 units are sold. Out of these 160 units, under FIFO, 140 units are from the beginning inventory and the remaining 20 units from June purchases.
So, Cost of goods sold is,
COGS = 140 * 4 + 20 * 3
COGS = 620
Ending inventory = 800 - 620 = 180