All categories

3 years ago

describe how a company would balance the tradeoff between cost and speed when selecting a shipping method

Business

1 answer:

Zielflug [23.3K]3 years ago

6 0

Answer: The opportunity cost is the most desirable trade-off.

Explanation: Trade-offs refer to the choosing decisions that an individual faces when choosing between two-goods or making any other economic decision. For instance, a graduate may face a trade-off between choosing a job or starting up his own business.

While, opportunity cost is simply the cost of the lost alternative. For example, if the graduate chooses to start a business then his opportunity cost is the salary foregone from going for a job.

Thus, when deciding on which option to choose (trade-off) we always look at the option which has a lower opportunity cost. So we can say that they are the most desirable trade-off.

You might be interested in

A personal business letter is written by an individual to a company for resolving issues related to an unexpected error on a bil

yarga [219]

Answer:

See the explanation below.

Explanation:

62, Charlton Street,

Ibadan, Oyo State,

Nigeria.

14 May 2020.

The Accounting Officer,

XYZ Company,

Ibadan, Oyo State,

Nigeria.

Dear Sir,

Complaint Lodgment Over an Unexpected Error in My Bill

This is to bring to your notice an unexpected error of $9 over charge in the consumable items I purchased from your store yesterday, 13 May 2020.

From my recalculation of the total amount for the purchased item, I could observed that the error was due to a transposition of figure by your cashier; he charged me a total sum of $76 instead of $67.

Copies of the invoice and the payment receipt for the items are hereby attached to this letter for your verification. After your verification, kindly get back to me so that I can come to your office for the refund.

I look forward to receiving your usual timely response.

Yours sincerely,

Amcool.

4 0

3 years ago

What are sales transactions posted to the accounts receivable subsidiary ledger? Why?

Eduardwww [97]

Answer: Transactions and Payment History.

Explanation:

The general ledger records the transactions and payment history of each customer to whom the business provides credit. The balance in each client account is periodically adjusted to the stability of accounts receivable in the general ledger, to ensure accuracy. It also provides details of these sales, showing dates and account numbers, credit, payments made against credit sales, discounts and refunds and fees.

8 0

3 years ago

a. Estimate the balance of the Allowance for Doubtful Accounts assuming the company uses 4.5% of total accounts receivable to es

solniwko [45]

Based on the information give the estimated balance of the allowance for doubtful accounts is $25,650.

a. Estimated allowance for doubtful accounts

Estimated allowance for doubtful accounts =$570,000×4.5%

Estimated allowance for doubtful accounts =$25,650

b. Adjusting journal entry

Dec 31

Debit Bad debt expense $13,650

($25,650-$12,000)

Credit Allowance for doubtful accounts $13,650

(To record bad debts expense)

c. Adjusting journal entry

Dec 31

Debit Bad debt expense $26,650

($25,650+$1,000)

Credit Allowance for doubtful accounts $26,650

(To record bad debts expense )

Learn more here:<em>brainly.com/question/15394488</em>

7 0

2 years ago

Page(s) 165-166 5.3. Why do taxes create deadweight loss in otherwise efficient markets? How would the consumer notice if the go

swat32

Answer:

Explanation:

8 0

3 years ago

Read 2 more answers

When you've carefully checked all the facts and your attitudes and still find that there's "just something" about your superviso

kipiarov [429]

Answer:

D) there's a hidden attitude.

Explanation:

You should start to suspect that there is something about you that your supervisor doesn't like and he/she is not willing or able to deal with it due to legal implications, e.g. racial or gender discrimination.

Hidden attitudes are generally negative, since any positive attitude should not represent a problem, and they include feelings of prejudice (racial, ethnic and sexual), sexual intentions, etc.

4 0

2 years ago