Answer:
$1,667.67
Explanation:
Given:
Balance in savings account at the beginning of the year = $2,000
Price level at the beginning of the year = 100
Price level at the end of the year = 120
Anything that is worth $120 in the beginning of the year is worth $100 at the end of the year.
Anything worth $1 in the beginning is worth 100/120 at the end.
So, $2,000 is worth 
= $1,667.67 at the end of the year.
Real value of savings is close to $1,667.67.
Answer:
The correct answer is a combination of factors and is explained below.
Explanation:
On the one hand, the marketing area inside the companies tend to be left apart or not given much of the attention that they actual need inside the organization and that is<u> due to the fact that the business' owner or even the managers sometimes thinks that there is a major importance in the finances of the enterprise or even in the production and its current quality</u>.
On the other hand, the marketing function inside an organization should be taking care as much as the other functions due to the fact that it has a very huge importance in the selling process of the company and therefore in its number of sales during an amount of time. Moreover, those companies that do not focus so much effort in the marketing will probably have a great product with a good quality but <u>they would not acquire a big number of sales because they would not know how to sell the product and to whom</u>, furthermore they would <u>find themselves selling much less that does companies that have a simple product but a good marketing mix</u>.
Answer:
under activity-based costing the sum of all product costs does not equal the total costs of the company.
Explanation:
The method of an activity-based costing system can be used use to find the total cost of all the activities that are required to make a product. This system also helps to find out which overhead costs can be avoided.
An activity-based costing system that is designed for internal decision-making will not conform to generally accepted accounting principles because under activity-based costing the sum of all product costs does not equal the total costs of the company.
The purpose of a budget it to help you achieve your short-term and life-span goals
Answer:
$800,000
Explanation:
The calculation of book value of the assets of the cosmetics component is given below:-
Gain on Sale of the Assets = Income from Operation of a Discontinued Components - Income from Operations
= $620,000 - $300,000
= $320,000
Gain/Loss on Sale of Asset = Sale Value of Assets - Book Value of Assets
= $1,120,000 - $320,000
= $800,000
