False. A family's resources are limited.
Answer:
c. might increase or decrease
Explanation:
Equilibrium price is the price at which quantity demanded equals quantity supplied in a competitive market.
Producer surplus is the excess of revenue realized from the sales of the equilibrium quantity at a price higher than the equilibrium price.
The producer surplus may increase or decrease. It may increase if the quantity demanded, do not decrease. It may decrease if the quantity demanded, decreases.
Answer:
We make use of EBIT (Earnings before Interest and Tax)
Explanation:
Each company has different capital structure (i.e mixture of equity and debt) that gives its weighted average cost of debt. This is depended on the risk profile of the company and macro economic policy prevailing in its jurisdiction.
At the same time, the tax liability of each company differ at different point in time which is depended on the nature of its transactions and the tax laws operating at its jurisdiction.
It is assumed that firm may not have absolute control over all these variables. Hence, in order to ensure that a fair basis is used in comparing similar firms performance, EBIT is always used as a common ground for comparing performance.
Depends on if you've got it on PC or console. The console versions obviously work on the latest generation machines and come with the texture pack (which has always been free), modding capabilities (better on XBONE) and all DLC's.
So if you're looking to take your PS3/XB360 copy to the next level then I'd say yes, personally.
The PC version gets you the DLC's thrown in and that's all, assuming you don't own any of the DLC's this might be he better value overall depending on offers, so do some research, you're not gaining anything bar the DLC's though, you could already get the texture pack and mod.
Short answer: Consoles: Yes. PC: Only if the DLC's are cheaper that way.
Answer:
Ending Inventory = $555
Cost of Goods Sold = $2,430
Explanation:
Date Units Unit Cost Closing Inventory
Opening Balance September 1 100 $3.00 $300.00
Purchases
September 8 450 $3.50 $1,575.00
September 18 300 $3.70 $1,110.00
Ending Inventory September 30 150 $3.70 $555.00
According to FIFO the the material first purchased will be sold first. So, the closing Inventory of 150 units will be valued at the rate of last purchase of 300 units @ $3.77/unit.
Cost of Goods Sold = $300 + $1575 + (( 300 - 150 ) x 3.70) = $2,430
