<span>Understanding the trend begins with analysis of market share.
Trend analysis plays an very important part in market share analysis. With the help of trend analysis, one can have the idea, if the market is going to be bullish or bearish.</span>
Answer:
40%
Explanation:
Oriole company has an actual sales of $1,100,000
The break even sales is $660,000
Therefore, the margin of safety can be calculated as follows
= Actual sales-break-even sales/actual sales
= $1,100,000-$660,000/$1,100,000
= $440,000/$1,100,000
= 0.4×100
= 40%
Hence the margin of safety is 40%
<span>So when we are determining the production possibilities curve, the amount of productive resource remain constant or at least an assumption is made that the amount of resources is fixed while deriving the curve. This is done that way because to avoid fluctuations in the curve while analyzing the curve.</span>
Answer:
A. $68,200
Explanation:
Retail Cost
Beginning inventory $60,000
$120,000
Plus: Net purchases. $312,000
$480,000
Goods available for sale $372,000
$600,000
Cost to retail percentage = $372,000 ÷ $600,000 = 62%
Less : Net sales
($490,000)
Estimated ending inventory at retail
$110,000
Estimated ending inventory at cost
62% × $110,000 = $68,200
