Answer:
A. Microeconomics
B. Microeconomics
C. Macroeconomics
D. Macroeconomics
E. Microeconomics
Explanation:
Microeconomics is a branch of economics that studies individuals and business decisions. It looks at topics such as supply and demand, utility etc
Macroeconomicsis a branch of economics that studies countries and governments. Macroeconomics looks at topics such as employment, inflation, economic growth
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Answer:
Analysis of the Big Bart line discontinuity
Opportunity Costs :
Sales ($201,000)
Savings :
Variable Costs $175,000
Fixed Costs ($30,700 - $19,800) $10,900
Financial Advantage / (Disadvantage) ($15,100)
Conclusion :
Do not eliminate / discontinue Big Bart line.
Explanation:
The results show that closing Big Bart line results in a contribution towards fixed cost being lost to the amount of $15,100. Therefore leaving the entire company in a worse off position.
Answer:
d. Adjustment data are assembled and analyzed.
h. Closing entries are journalized and posted to the ledger.
Explanation:
The fourth step is missing which is to adjust the data. After the unadjusted trial balance is prepared, if the debit side and the credit side do not match, the data will need to be adjusted and that is what this step is for.
The penultimate step is also missing being the journalizing of the closing entries and posting them to the ledger. This is done to close out the accounts for the year and bring all accounts except permanent ones to zero.
Answer: Market penetration
Explanation: Comparison to the total potential market for that good or service, market penetration is a representation of how much a client uses a product or service. When developing strategies to raising the share of the market of a particular good or service, market penetration may also be used.
A paragraph explaining the role, markets and competitive advantages of a corporation; a brief written statement of objectives and principles of your organization is called its mission.
Thus, market penetration can only help in increasing market share and is not used for nay structural change leading to change in mission. Thus, we can conclude that the correct option is C.
Answer: $1,680
Explanation:
According to the Accrual method, revenue from sales is recognized when the obligations of the sale have been fulfilled. In other words, when the goods are delivered.
In March, Baldwin delivers 112 units so this is the units that will be recognized for revenue:
= 112 * 15 per unit
= $1,680