Answer:
D. market space
Explanation:
In the market space is a virtual market place where the physical boundaries are not applied. It is the integration of the various areas that are relevant for considering a market in terms of technology that operated in an electronically manner
Therefore in the given case, the option D is correct as it fits to the given scenario
Hence, the same is to be considered
Answer:
c) Bob has a comparative advantage over Don in the production of pens
Explanation:
Comparative advantage is an economic term that refers to the ability of an individual, a company or a country to produce goods or services at a lower opportunity cost than others. Comparative advantage enables a party to sell its products cheaper than others.
In this scenario, Bob produces 15 pens in an hour in comparison to Don, who produces only 10. It means Bob uses a low cost of labor per pen in comparison to Don. Bob's production capacity of 15 pens also means a higher efficiency rate compared to Don. If a cost estimate were to be done, Bobs' pens would be more competitive in the market than Dons'.
Answer: $4,435,000
Explanation:
The issuance price if the market rate of interest is 12% will be:
Annual interest = 500000 × 5.650(PV factor) = 2825000
Add: Face value = 5000000 × 0.322(PV factor) = 1610000
Total = $4,435,000
Therefore, the the issuance price if the market rate of interest is 12% is $4,435,000.
Answer:
Product Net monetary advantage
X (800)
Y 1,000
Explanation:
A company should process further a product if the additional revenue from the split-off point is greater than than the further processing cost.
Also note that all costs incurred up to the split-off point are irrelevant to the decision to process further .
Product X
$
Additional sales revenue from further processing
( 47,000-25,400) 21600
Further processing cost <u> (22,400)</u>
Net monetary advantage <u> (800)</u>
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Product Y
$
Additional sales revenue from further processing
( 54,700-37,000) 17,700
Further processing cost <u> (16,700)</u>
Net monetary advantage <u> 1,000 </u>
Product Net monetary advantage
X (800)
Y 1,000
Answer:
See Below
<u>QUESTION TWO.</u>
contents of GRN
Explanation:
GRN stands for goods received note. GRN is prepared by the purchasing entity to confirm receipt of goods ordered. The store's department prepares the GRN in multiple copies, confirming that the goods received are of the right quantity as what was ordered. One the copies is sent to the accounts department.
The components of A good received note include
1. The name of the supplier
2. The type or types of products delivered
3. Quantities delivered of each product
4. Date and time of delivery
5. Name and signature of the supplier
6. Name and signature of the store's representative