Its important because if u wanna sell cakes you need to know what to do
Answer:
The pay-off matrix is shown below in the diagram attached for better demonstration of the problem and it's solution.
Answer:
net realizable value less normal profit margin
Explanation:
- The net realized values are a measure of the fixed or the current assets worth held in inventory and the term market refers to the replacement costs. Being a conservative approach and a reporting inventory its stated as a historical cost.
- As NRV is an estimated selling price is minused by the costs of the completion and disposal, and the transportation or the NRV less is the marginal profit margin also called as the floor.
The blurring of the lines separating the subsets of the financial industry started in the <span>1990s. The blurring
of the lines that separate the subsets of the financial industry was initiated
in the 1990s under the regime of the president of the US, Bill Clinton. At the time,
the financial products were mainly loans, payment services, deposits, savings,
and fiduciary services. </span>