Answer:
The correct answer is b. SWOT analysis.
Explanation:
SWOT analysis is a self-examination to determine the real strengths and weaknesses in order to establish the correct way to direct the operations of a company for the benefit of all. It is a way of visualizing the internal and external factors that affect business management, in order to propose solutions that allow an improvement in operations over time.
The model shows that households earn money when <u>Firms </u>purchase <u>Factors </u>in factor markets.
<h3>Interaction between the Household and a Firm </h3>
- Households buy goods from firms thereby passing income to firms.
- Firms buy labor from households.
Households therefore earn an income when firms decide to go to the factor market and buy a factor such as labor from households.
In conclusions, households and firms are interconnected.
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Answer:
the percentage in which the price of the dozen eggs rise is 89.58% or 90%
Explanation:
The computation of the percentage in which the price of the dozen eggs rise is shown below;
Percentage Change in Dozens egg price is
= (Price in 2017 - Price in 2000) ÷ Price in 2000 × 100
= ($1.82 - $0.96) ÷ $0.96 × 100
= 89.58% or 90%
Hence, the percentage in which the price of the dozen eggs rise is 89.58% or 90%
Answer:
Explanation:
The applicable accounting standard IAS 2 (Inventory) requires that inventory be carried at the lower of cost or net realizable value.
Initial recognition of inventory is at cost. In other words, where the cost is lower than the net realizable value, inventory is written down to the net realizable value.
As such, when inventory declines in value below original (historical) cost, and this decline is considered other than temporary, the maximum amount that the inventory can be valued at is the net realizable value.
The right option is b. Net realizable value