Answer:
Whenever an accountant have some alternatives for reporting a transaction then there are some certain ethical issue for which an accountant must be aware;
1. is this method is permissible by the accounting standards?
2. Is this method permissible by the norms of the firm and industry?
3. Is this method violates ethical code of an accountant?
4. Is this method helps in maximizing overall welfare of stockholders?
5. Is this method helps in depicting true financial information to the stakeholders?
6. is this method really helps a firm in getting its objectives?
So before accepting any alternative an accountant should consider above mentioned points.
If alternative are successful on the above parameters then accountant can accept that alternative and in such case this alternative will not violate any ethical issue.
Explanation:
The opportunity cost of buying two more pairs of shoe is 1 suit.
<h3>What is opportunity cost?</h3>
Opportunity cost is an economic term for expressing cost, in terms of foregone alternative.
Given the information above,
Her opportunity cost of consuming one extra pair of shoes instead of one suit
= $50 / $100
= 0.5 suit or half a suit
Her opportunity cost of consuming one suit instead of a pair of shoes
= $100 / $50
= 2 pairs of shoes
Hence, the opportunity cost of consuming 2 more pairs of shoes
= 0.5 suit x 2
= 1 suit
Learn more about opportunity cost here: brainly.com/question/14909550
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Answer:
Cheeses from England.
Explanation:
First, let us define what Marketing Mix is:
- This refers to the number of strategies a company employs to promote its goods and services in the market. The four Ps of the marketing mix include Product, Price, Place and Promotion.
The goal of a marketing strategy is to create awareness among the target audience.
Feedback and surveys are ways in which a company informs its marketing mix strategy. Therefore, if it has been determined from the customer feedback from company surveys and cheese tasting that the Product the customers prefer is Cheese from England, then that is what should be produced and promoted.
It cannot be over emphasized that companies are in business because of the customers, so their opinion takes precedence, as the saying goes, customer is always right. Therefore, if the need of the customer is not met, the company will make no profits.
The company president and product director will have to do what the customer wants.
Answer:
I would chose carrier B
Explanation:
The reason i will choose carrier B is because if we consider the cost of capital which is 4% of $70, it is lesser than carrier A.
Calculation
If A = $200
Assuming Maintenance = $60 for 24 month
4% of $60 = 2.4
Now considering we keep replacing the phone after the contract expires and cost of capital is 4%
Therefor: 4% of $60 × 24 =57.6
If we run the same calculation for carrier B,
we have, 4% of %70 = 2.8
therefor: 2.8 × 12 = 33.6
Carrier B is therefore cheaper so ill go for it.
