Answer:
d
Explanation:
the more the suppliers the more the competition would be among suppliers to gain customers. As a result, they would offer lower prices in the short run to customers to gain them.
In the long run, suppliers would leave the oversaturated industry and equilibrium would be restored.
This Statement is True. Leading indicators are events that have been found to occur before changes in business activities.
Business is the practice of earning a living or making money by manufacturing, purchasing, and selling items (such as goods and services). It is also "any profit-making activity or enterprise."
Having a business name does not detach the owner from the business entity, which means the owner is responsible and liable for the business's debts. Creditors may seize the owner's personal belongings if the company incurs debts. In a business structure, corporate tax rates are not permissible. All business income is taxed directly to the proprietor.
The phrase is also frequently used informally (though not by lawyers or public authorities) to refer to a business or cooperative.
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Options :
A. utilize their own aircraft.
B. have extensive ground networks.
C. have accurate, real-time tracking systems
D. all of the above
Answer:
D
Answer:
$935.61
Explanation:
Firstly, we need to calculate weighted average inventory cost at every time anchors (purchase - in or sell - out)
At time t = 1, 64 units @ 5 per unit.
At time t = 2, 64 + 110 = 174 units @ (64 x 5 + 110 x 5)/(64 + 110) = 5 per unit.
At time t = 3, 174 - 90 = 84 units @ 5 per unit.
At time t = 4, 84 + 55 = 139 units @ (84 x 5 + 55 x 6)/(84 + 55) = 5.40 per unit.
At time t = 5, 139 - 90 = 49 units @ 5.40 per unit.
Cost of goods sold for the year = 90 x 5 + 90 x 5.40 = $935.61
Answer:
$48,000
Explanation:
The computation of ending inventory using average method is shown below
Total units = 200 + 400 + 100 = 700
Total cost = (200 × $140) + (400 × $160) + (100 × $200)
= $28,000 + $64,000 + $20,000
= $112,000
Average cost per unit = $112,000/700 = $160
Ending inventory = Total units - units sold
= 700 - 400
= 300
Therefore, cost of ending inventory = Ending inventory × Average cost per unit
= 300 units × $160
= $48,000
