Answer:
The correct answer is option D. 
Explanation:
A monopoly firm is neither productively nor allocative efficient. The reason behind this is that it does not utilize the resources efficiently and produces below the socially optimal level of output.  
Unlike perfect competition, which produces at the point where price equals marginal cost, a monopolist produces at the point where the price is greater than marginal cost.  
This inefficiency is visible through the decrease in consumer surplus and deadweight loss. The difference between socially optimal level of output and monopoly output also represents inefficiency. The value of the goods and services that could have been made if monopolist chose to produce at a socially optimal level also shows inefficiency.  
 
        
             
        
        
        
Answer: The Option "d.returning inventory that is defective or broken" is NOT an example of safeguarding inventory.
Explanation: If we analyze the statements:
a.physical devices such as two-way mirrors, cameras, and alarms - These are all tools intended for protection against possible inventory theft.
b.storing inventory in restricted areas - Restricting access only to inventory-enabled personnel is able to protect the inventory much more than if anyone can access it.
c.matching receiving documents, purchase orders, and vendor's invoice - Controlling each of the purchase documents and performing the physical count reduces the possibilities of inventory differences for losses or errors.
d.returning inventory that is defective or broken - Returning the defective inventory is a post-echo action that occurred due to the unprotection of the inventory, therefore it could not be referred to as an example of inventory protection.
 
        
             
        
        
        
Answer:
The correct answer is $132,664.89.
Explanation:
According to the scenario, the given data are as follows:
Present value (PV) = $50,000
Rate of interest (r) = 5%
Time period (n) = 20 Years
So, we can calculate future value by using following formula:
Future value = PV × (1 + r)^(n)
= $50000 × ( 1 + 5% )^20
= $50000 × (1 + 0.05)^20
= $132,664.89
Hence, After 20 years land will be worth $132,664.89.
 
        
             
        
        
        
Answer:
Weighted-average inventory costing method Ending Inventory = $ 9666.67= $ 9667
Explanation:
Date           Particulars       Units   Unit Cost        Total Cost 
January 31  Purchases          300             $ 60        $ 18,000
February 28   Purchases       150             $ 25          $3750
Total                                       450                               $ 21,750
Weighted-average inventory costing method=  Total Cost/ Total Units= 
                                     $ 21,750/450= $48.33 purchase price per unit
 Sales              250 units       at     $ 70    =      $ 17500
Ending Units =  Purchases-Sales = 450-250= 200
Weighted-average inventory costing method Ending Inventory = $ 9666.67
 200 units at 448.33=  $ 9666.67= $ 9667
 
        
                    
             
        
        
        
Answer:
$2,266,123.60
Explanation:
As it is given 
Return on sales = Net income ÷ Sales 
3.56% = $110,000 ÷ Sales 
So, the sales is  $3,089,887.64
Now the Gross Profit percentage is 
Gross Profit percentage = Gross profit ÷ Sales 
26.66% = Gross profit ÷ $3,089,887.64
So, the gross profit 
= $823,764.044
Now the cost of goods sold is 
= Sales - gross profit 
=  $3,089,887.64 - $823,764.044
= $2,266,123.60