Price is amount expected for product, cost is estimated price, opportunity cost is loss of potential gain from alternatives.
Answer:
The answer is: Physical ability test
Explanation:
Physical ability tests are designed to evaluate the capacity of a candidate for a physically demanding job. The candidates are required to perform work related physical tasks.
They include a series of tasks done in a controlled environment that try to replicate the normal physical demands of the job as closely as possible.
Physical ability tests are used by the police, fire departments, the army, professional sports teams, etc.
Answer: c. Strategy
Explanation:
Strategy refers to the means a person hopes to use in order to get something done. A company's strategy therefore will tell how the company will attempt to reach its goals.
It will tell the plan of action that the company will use and how resources will be allocated to satisfy the requirements of the plan. It will also tell how the company hopes to market its goods so as to gain an advantage in the market and generally everything else that the company needs to meets its goals.
Answer:
$400
Explanation:
Total Sales Value = No of chocolate cakes × sales price
= 100 × 25
= 2,500
Total Costs:
= materials + direct labor + variable factory overhead + special packaging
= ($12 × 100) + ($5 × 100) + ($3 × 100) + 100
= $1200 + 500 + 300 + 100
= $2,100
Profit = Sales value - Total costs
= 2,500 - $2,100
= $400
Note: Fixed costs remain fixed thus will not be affected by acceptance of offer
Variable selling costs will be ignored as they will not be incurred as per the question
Answer: 0.072
Explanation:
From the question, we are given the information that income property has a gross annual income of $14,250 and monthly expenses of $300 and that it has been valued at $147,000.
The capitalization rate will be calculated as:
= [$14, 250 - ($300 X 12)]/$147,000
= ($14,250 - $3,600)/$147,000
= $10650/$147,000
= 0.072
= 7.2%