Answer:
Value chain
Explanation:
As seen above, a value chain can be defined as the activities that transform raw materials into goods and services. That is the process that raw materials underwent to become something of value to end users that they can either purchase or that is edible.
Cheers
Answer: $154.00
Explanation:
If the company is using FIFO, they would have sold off the earliest purchases first. As the sold 6 letters in October, the letter left from the first purchase is:
A to G = 7 letter
= 7 - 6
= 1 letter
Remaining inventory = 1 letter at $10.50
H - L = 5 letter
= 5 * 12.50 = $62.50
M through to R = 6 letter
= 6 * 13.50
= $81
Total ending inventory = 10.50 + 62.50 + 81
= $154.00
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<em>Note: Options are most likely for a variant of this question. </em>
Answer: 52,164.15
Explanation:
The price Elasticity of demand for corn refers to how much the quantity demanded of corn changes as a result of a change in price.
When given the elasticity for a group and need to calculate for a single unit, use the formula;
εi = nε - (n -1)eη
Demand elasticity for single unit = (Number of units * entire demand elasticity) - ( number of units - 1) * supply elasticity of each firm
= (347,760 * 0.3) - (347,760 - 1) * 0.15
= 104,328 - 52,163.85
= 52,164.15
<em>Note: Do confirm that the figures you provided are the correct ones. If yes then no problems. </em>
Answer:
The correct answer is letter "B": each expense account will be credited.
Explanation:
Closing entries is the accounting method by which temporary accounts are closed by the end of the year so the company will start with a clean sheet the following period. By doing this the revenues and gain accounts are debited, the dividend or withdrawal accounts are credited, and the expenses and losses accounts are credited. In case there is income, it is debited to the income summary.
Answer: The ROI is 13.33%
Explanation:
Return on Investment = Net Income / Total Investment
Where,
Net Income = $5,000,000 - $4,200,000 = $800,000
Total Investment = $6,000,000
Return on Investment = = 13.33%