Answer:
B. A dynamic and complex environment
Explanation:
Answer:
30 units at a cost of $14,80
Explanation:
The table shows purchases sales and balance with its corresponding number of units and cost. Before Patricia sold 30 units, she had 64 units available but not all of them cost her the same. The FIFO inventory method is "First in First out" which means Patricia is going to sell the first units she bought, if she needs more then she goes to the second purchase and so on.
So, if she sold 30 unit then she is going to use the first 20 units she bought at 11$ ($0,55 per each unit), but she is missing 10, then, she is going to take 10 units from the second purchase of 26 units at $10 ($0,38 each unit).
To know the cost of goods sold we need to multiply each unit sold by its cost per unit:
20 units x $0,55 = $11
10 units x $0,38= $3,8
Then we add:
$11+$3,8= $14,80. This is the total cost of goods sold (if we assume $ 11 was the total cost for 20 units and $10 was the total cost for 26 units)
Answer: Comparability
Explanation:
Comparability describes information that is measured and reported in a similar manner for different companies. It helps users understand the real similarities and differences in economic activities between companies.
Answer:
the tendency for managers to focus on immediate performance objectives at the expense of longer-term strategic objectives.
Explanation:
Short-termism is defined as the tendency for managers to focus on immediate performance objectives at the expense of longer-term strategic objectives.
Under Short-termism, managers of businesses or organizations gives so much priority to quick profits.
Answer:
The correct answer is E. Raw materials.
Explanation:
A raw material is all good that is transformed during a production process until it becomes a consumer good.
There are some material goods that cannot be used directly by consumers since they need to be transformed (oil for example). Raw materials are the first link in a manufacturing chain, and at different stages of the process they will be transformed into a product suitable for consumption. In the world of investment it is also known as commodity.
The main characteristic of the raw materials is precisely the lack of treatment to which they have been subjected by human activity, that is, their proximity to the natural state in which they were before being exploited.
