The answer is revenue stream.
Answer:
1. Cost to retail ratio = Cost of goods available for sale/ Retail value of goods available for sale
- Cost of goods available for sale = $430000 + $920000 + $62550 = $1412550
- Retail Value of goods available for sale = Retail value of inventory + Net Markup - Net Markdown = $565000 + $1340000 + $61000 - $31000 = $1935000
Cost to retail ratio = Cost of goods available for sale/Retail value of goods available for sale = ($1412550/$1935000)*100 = 73%
Sales value at retail = $1265000
So, Cost Of goods Sold = Sales Value at retail*Cost to retail ratio = $1265000*73% = $923,450
2. Ending Inventory Retail Value = Retail value of goods available for sale-Sales value at retail = $1935000 - $1265000 = $670,000
So, Cost of ending inventory = Ending inventory value at retail*Cost to retail ratio = $670000*73% = $489,100
A production possibilities frontier (PPF) that is a straight-line sloping down from left to right would suggest that: the opportunity costs of the products are constant.
<h3>What is opportunity Cost?</h3>
Opportunity cost is an amount of money or satisfaction that an individual is willing to let go.
This is done in other to choose another product with more benefits that the previous one.
It is constant when the slope moves to the right side of the graph
Therefore, A production possibilities frontier (PPF) that is a straight-line sloping down from left to right would suggest that: the opportunity costs of the products are constant.
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The purpose of loaded words in advertisements is to influence the reader. Loaded words is a term used for words that can persuade a consumer to buy or use a product or service based on the way something was advertised. Usually, loaded words appeal to a consumers emotions and create a want or need for the product or service. These types of advertisements are used to appeal to a consumer emotionally rather than factually.
