B) Added value
Explanation:
Added value - It is an improvement to the product or service making it more worthwhile.
Competitive advantage makes the product or service more desirable than other competitors.
In this scenario, there is no competition of the services as yet, but definitely has an added value by improving the services.
In explaining hedge funds to an investor, a registered representative might correctly characterize them as utilizing common stockholders.
- The potential for the greatest loss determines the riskiest situation.
- The inherent nature of leverage in futures trading is one of the main dangers involved. The most frequent reason for losses in futures trading is frequently a disregard for leverage and the dangers involved.
- Common stockholders always bear the most risk because they are the last to be compensated in the event of business liquidation. However, if the company is successful, common stockholders could stand to gain the most from ownership.
Learn more about common stockholders here
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Answer: 94 DAYS
Explanation: The average time it takes for the business to complete the whole process of making initial cash outflow to produce goods and receiving cash from customers by selling those goods produced is called operating cycle of that business.
formula = number of days of inventory + number of days in accounts receivable
therefore,
operating cycle = 61 days + 33 days = 94 days
Answer:
D) $116.67 per EUP
Explanation:
To find out the equivalent unit of production (EUP) for conversion costs we have to divide the total conversion costs by the equivalent units produced:
EUP conversion costs = $70,000 / 600 units = $116.67 per EUP
The EUP for direct materials would = total costs direct materials / equivalent units produced = $300,000 / 1,000 units = $300 per EUP
Both fully completed units and partially completed units are expressed in terms of equivalent units of production.
Answer:
The percentage markup added to the product cost was 10%
