Diversity should not be applauded because the people of a nation should be from that nation
No. Just because they have wrinkles, doesnt mean they have to be shredded.
Explanation:
- Click the Math & Trig button on the formula page, in the library category function.
- Click SUMIF
- In the range argument box, type category
- In the criteria box, type "office expense"
- In the sum range argument box, type cost
- Click ok
The SUIMIF function is a workbook function which based on one criterion, adds all the numbers in a set of cells (e.g., 2000). The SUMIF function is an optimized Excel function which is labeled as a Math / Trig function.
This method can be used in Excel as a WS function.
Answer:
$24>AVC
Explanation:
Data provided
Quantity = 500 units
Market price = $24
ATC = $25.25
As per the situation, a firm a would shut down if,
P<AVC
Therefore, the condition for not shutting down is,P>AVC
From the above equation we will get
= $24>AVC
Therefore the correct answer is $24>AVC
If AVC is less than $24 the company will decide not to shut down and at the current price it will cover its rising costs.
Answer: A. Less than net realizable value minus a normal profit margin.
Explanation:
LCM stands for lower of cost or market. According to certain accounting principles which you follow, the rule states that you must identify your inventory amount either lower of its replacement cost or its historical cost (cost at the time of purchase).
Therefore, Lower of cost cannot be less than net realizable value which is the NRV which takes into account impairments (loss to the inventory due to being idle) minus a normal profit margin.