Answer:
Ending inventory $210
Explanation:
Perpetual inventory system:
<u>Cost of Goods Sold and ending inventory are calcualte after every sale.</u>
Inventory available at the moment of sale:
Beginning inventory of 15 units at a cost of $12 = $180
June 5, Jacobs purchased 10 units at $13 per unit = $130
On June 12, it purchased 20 units at $14 per unit = $280
<em>units for sale: 45 cost of goods available for sale 590</em>
we sold 30 units. Units at ending Inventory: 45 - 30 = 15
<u>We are asked for FIFO method:</u>
first units are sold and <u>newest are inventory</u> so, ending invenotry will be compose of units fro mthe nearest purchase which is June 12th
15 units x $14 each = $ 210
Answer:
Product repositioning
Explanation:
Based on the information provided within the question it seems that Vanity Fair is using Product repositioning in this scenario. This term refers to when a company tries a different marketing technique in order to change the market's perception of their product or brand in order to increase sales performance. They are apparently doing this by putting a more masculine face (Buddy Lee) as the face of the products marketing campaign in order to change the perception that the shoes are for women.
If you have any more questions feel free to ask away at Brainly.
The ratio of the percentage
change in the quantity demanded of a good to a percentage change in its price
refers to the price elasticity of demand.
<span>To add, price elasticity of demand (PED or Ed) is a measure used
in economics to show the responsiveness, or elasticity, of the quantity
demanded of a good or service to a change in its price, ceteris paribus.</span>
Answer:
<u>Executed</u>
Explanation:
Ratification of a contract refers to formally approving a contractual obligation. To dis-affirm refers to back out of a contract wherein the parties to it return the consideration.
A minor, an individual below the age of eighteen years does not have capacity to a valid contract. A minor may void a contract before attaining majority.
When a contract has been signed by both the parties to it, with transaction closed, the contract shall be termed as executed.
In the given case, Luke a minor entered a contract to buy movies. Later upon attaining majority, Luke decides to disaffirm i.e not honor it. The contract in such a scenario shall be considered as formally approved i.e ratified by both parties if it was executed.
In such a case, Luke will have to honor the contract since the disaffirmation period i.e before his attaining majority has lapsed.
Answer:
The answer to this question is C. 8 percent.
Explanation:
As we know the depreciation equals 10 percent.
Population growing at the rate of 2 percent.
Golden Rule:-The level of capital accumulation is the steady state having highest level of consumption.
If the rate of technological progress equals 8 percent.The economy will be at Golden Rule steady state.
Hence we conclude that the answer is 8 percent.
