Answer: True
Explanation:
Low Margin items refer to those that have a lower profit per unit because their costs may be higher in relation to their selling price.
High margin items are the opposite.
If the company switches from High Margin items to Low margin items, they will face a situation where they are incurring more costs per sale which would drive their profits down even if sales increase.
The optimal mix for a company should have more high margin items than low margin items.
No entries shall be allowed for district meets which are not submitted to the director on or before the fifth day before the first day of the meet.
<h3>What is
district ?</h3>
A district is a type of administrative division that is managed by the local government in some countries. Districts vary widely in size around the world, spanning regions or counties, numerous municipalities, subdivisions of municipalities, a school district, or a political district.
A district is defined as a region set apart or put together as a single distinct area for political or administrative purposes. A district is an area of a town that elects a single mayor who is shared by everyone in the area.
A district is a section of a country, city, or town designated by the government for official purposes.
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Answer:
Irene would prefer the instalment sale because she can defer the payment of tax until a future date. On the other hand, if she accept the cash sale, she would have to pay the tax immediately. The amount invested in certificate of deposit would be after tax.
Thus the value of an instalment payment would be greater than the value of a cash payment
Explanation:
Answer:
US $135,000
Explanation:
In accrual accounting, amount collected in advance are recognized as a liability until the revenue is earned.
Entries are posted as a debit to cash account and the corresponding credit to the deferred revenue account upon collection of cash.
Given that the entity had cash receipts from sales of US $175,000 during Year 2 but had a deferred revenue of US $40,000 as at the end of year 1, this means that the US $40,000 was part of the US $175,000 settled by the customer in year 2
Therefore, the company’s sales revenue for Year 2 would be
= US $175,000 - US $40,000
= US $135,000
Marginal social value is associated with marginalism, a concept that works to decide the amount of extra use derived from the production of one extra unit.
Marginal Social cost = MPC + MEC
MPC is the Marginal personal cost. MEC is the Marginal outside fee, which may be wonderful or negative.
If an outside price exists, an aggressive market will produce an inefficient mount of the coolest. on the point wherein quantity demanded and amount furnished are equal, the marginal social value exceeds marginal social benefit and an excessive amount of the coolest is produced.
Marginal social cost (MSC) is the alternate in society's overall fee added about through the manufacturing of an extra unit of a great or service. It includes both marginal personal price and marginal external fee. as an example, think it prices a producer $50 to produce an extra unit of an amazing.
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