Answer:
The correct answer is False.
Explanation:
A company has a competitive advantage when it has a unique and sustainable advantage over its competitors, and this advantage allows it to obtain better results and, therefore, to have a superior competitive position in the market.
In this case, it cannot be said that Alligator has a real competitive advantage, because at any time some other company can also get involved in its main niche, which would affect its performance exponentially.
According to conventional wisdom regarding asset allocation by age, you should hold a proportion of stocks equal to 100 minus your age. Therefore, if you are 40 years old, 60% of your portfolio should consist of equity. Criteria might be better changed to 110 minus your age or 120 minus your age because life expectancy increasing.
By deducting your present age from 100, you can utilize rule of thumb to determine your asset allocation. It implies that as you get older, you should shift away from equity funds and toward debt funds and fixed income assets in your asset allocation.
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Answer:
The Net Sales that will reported on the Income Statement from these transactions is $1,000.
Explanation:
The term "2/10, n/30" implies that the customer will enjoy a 2% discount if it pays within 10 days but must pay the total amount within 30 days.
However, customer paid on May 20 which is outside the 2% discount period. This implies the customer did not enjoy the 2% discount. That is, the customer paid the full amount of $1,000. Therefore, the net sales is $1,000 from these transactions.
Therefore, the Net Sales that will reported on the Income Statement from these transactions is $1,000.
Answer:
d.$170 F
Explanation:
The spending variance= Actual Facility expenses- Budgeted Facility expenses
on actual hours
The spending variance=$ 14,122- (9600+ 2.3* 2040)
The spending variance=$ 14,122- ( 9600+4692)
The spending variance=$ 14,122- 14292= $ 170 favourable
As actual is lower than the budgeted amount for actual hours so it is favourable.
If actual was higher the variance would have been unfavourable.
