Answer:
The correct answer is B,false
Explanation:
Opportunity cost is naturally the cost of alternative forgone,that is the benefits ignored as a result of taking a particular course of action.
Obviously,the opportunity cost of the bouffe to Betty is the practicing calculus problems for her math examination that she could not partake in.
The opportunity cost would only be the practicing session missed if Betty was able to pass the examination,otherwise the opportunity becomes bigger if she fails the exam to include the costs of paying and preparing for another examination
Answer:
correct option is b. The physical count determines the inventory on hand
Explanation:
LIFO is Last In, First Out
so in LIFO cost flow is assumption
and the last costs are the first ones to leave inventory
become the cost of goods sold on the income statement.
and first costs will be reported as inventory on the balance sheet
and under LIFO periodic we are wait until the entire year is over before assigning cost
so we can say The physical count determines the inventory on hand
and Cost is the total resources given up to acquire inventory and move it
Answer:
Break-even point= 7,900 new costumers
Explanation:
Giving the following information:
Assume that during a recent fiscal year, one outlet spent $1,659,000 on a promotional campaign for its website that offered two free months of service for new subscribers.
In addition, assume the following information: Number of months an average new customer stays with the service (including the two free months) 22 months Revenue per month per customer subscription $16 Variable cost per month per customer subscription $5.
Break-even point= fixed costs/ contribution margin
Fixed costs= 1,659,000
Contribution margin= (16*20)-(5*22)= 210
Break-even point= 1,659,000/210= 7,900 new costumers
Answer:
Ping Pong Ltd
i. No. The bank has not breached its duty of care to its customer, Ping Pong Ltd.
ii. No. The customer, Ping Pong, has not breached its duty of care to its bank.
Explanation:
The breach occurred between Mr. Z. and Ping Pong. Certainly, Mr. Z. breached his professional and fiduciary duty of care to Ping Pong, his employer. By presenting forged documents as evidence of supply transactions, Mr. Z. has fraudulently defrauded his employer to the tune of $6.6 million. It is the responsibility of Ping Pong to recover from Mr. Z. as soon as the fraud is discovered.
Investing in stocks, maintaining prices and avoiding inflammation.
