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Art [367]
3 years ago
13

Explain one advantage of using retained profit as a source of finance. ​

Business
1 answer:
Neporo4naja [7]3 years ago
7 0
Retained profits have several major advantages: They are cheap (though not free) – effectively the "cost of capital" of retained profits is the opportunity cost for shareholders of leaving profits in the business (i.e. the return they could have obtained elsewhere)
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Tamarisk has the following inventory data:
DerKrebs [107]

Answer:

Option A

Total cost of goods sold = $<u>1,007.7</u>

Explanation:

<em>Under the last -in-first-out (LIFO) method, inventory are priced using the price of the newest/latest batch in stock until a new batch is received after which the price of the new batch is used and this is continued.</em>

So we apply the principle as follows:

                                                               $                

July 14 sale of 83 units = 83× 6.90 = 572.7

July 30 sale of 58 units = 58× 7.50 = <u>435</u>

Total cost of goods sold                     <u>1,007.7</u>

Total cost of goods sold = $1,007.7

5 0
3 years ago
The data preparation technique used in market segmentation to divide consumers into different homogeneous groups is
ikadub [295]
<span>The data preparation technique used in market segmentation to divide consumers into different homogeneous groups is cluster analysis.
The task of grouping a set of objects is clustering. Market segmentation is a marketing term, in which complete market setup is divided in to segments with consumers of similar demand.</span>
8 0
3 years ago
Which family deployability checklist will prompt you to make sure that you make arrangements for preparation of your family's ta
Musya8 [376]
The answer is family "finance" <span>deployability checklist.
</span>

<span>This Checklist of family refers to the list that will make sure that arrangements are made for a family's tax return. It is created under Financial on the checklist. Medical, legal/administrative, and transportation/automobiles are considered as family deployability checklists.</span>

6 0
3 years ago
Which of the following is NOT a goal of operations management? (A) Understanding the drivers of customer utility (B) Match suppl
rodikova [14]

Answer:

The answer is A.

Explanation:

Operations management involves all activities which produce and deliver goods and services. Operation is a core function in any organization.

The primary objective of operations management is to make use of the organizational resources to generate or produce goods and services.

All options except option A(Understanding the drivers of customer utility) are goals of operation management

8 0
3 years ago
Trade will take place: A. if the maximum that a consumer is willing and able to pay is less than the minimum price the producer
Lubov Fominskaja [6]

Answer: (B.) <u><em>If the maximum that a consumer is willing and able to pay is greater than the minimum price the producer is willing and able to accept for a good.</em></u>

Explanation:

A producer will only sell goods and services if the consumer is willing to pay as much as the asking price. i.e. The price that the producer is asking. For this to happen the consumer's willingness to pay must be greater than the minimum price.

Therefore , the trade will take place if <u><em>the maximum that a consumer is willing and able to pay is greater than the minimum price the producer is willing and able to accept for a good.</em></u>

8 0
3 years ago
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