Answer:C. It makes it more difficult for the company to define an appropriate time period.
Explanation: Obsolete Items or products are products are no longer useful or relevant,it can be used to describe a product whose Quality has adversely depleted making it not useful.
With the information,since the products are fast becoming Obsolete than when compared to 10years ago,it makes it more difficult to determine or arrive at the appropriate time period for the company to keep the product before it becomes obsolete.
Consider the demand equation q=20,000 p^(-1.4). if the cost of production is constant at $0.50 per unit $1.75 is the optimal price to maximize profit.
The income maximization system depends on income general sales overall fee. consequently, a firm maximizes earnings while MR = MC, that is the primary order, and the second order depends on the first order. This idea differs from wealth maximization in phrases of length for income earnings and the company's goals.
Calculation,
The demand equation q=20,000 p^(-1.4)
The production constant is $0.50
maximum profit= $1.75
The choicest charge is that charge point at which the total earnings of the seller are maximized. while the rate is just too low the vendor is shifting a big quantity of devices but income is the best possible combination of income. Examples of income maximizations like this encompass: discovering less expensive raw materials than those presently used. discover a provider that gives better charges for inventory purchases. locate product resources with decreased delivery prices. lessen labor expenses.
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Answer:
B. Debit cash $27,500 ; Credit common stock $27,500
Explanation:
The journal entry to record the transaction is;
Cash account Dr $27,500
(2,500 shares × $11)
To Common stock account Cr $27,500
Cash is an asset hence debited because it decreases as it was used to pay for bills while common stock is credited because it increases shareholder's equity.
<span>The greatest risk of insolvency</span> can be determined with a variety of factors.
Answer:
Marigold break-even point = 400,000 units
Explanation:
given data
Sales = 59000 units
direct materials = $1180000
direct labor = $590000
variable costs = $59000
fixed costs = $360000
solution
we get here Marigold’s break-even point in units that is express as
Marigold’s break-even point = Fixed Cost ÷ (Selling Price - Variable Cost) .............1
Break Even Point = Fixed Cost ÷ Contribution Margin ............2
so here
Contribution Margin will be =
Contribution Margin = $9
now put value in equation 2 we get
Marigold break-even point = 
Marigold break-even point = 400,000 units