Answer:
C) standing to sue
Explanation:
standing to sue -
In terms of law , it is the requirement where a person brings a suit to be the proper party to request the adjudication of an issue .
This test is put when a party had a personal stake during the outcome of a controversy presented .
Hence from the data of the question , the correct answer for the statement given is , C) standing to sue
Answer:
It uses grading
Explanation:
Grading is the a way of sorting the units of a product into different classes. Each class or category of product may have similar shape, size, type, weight, quality and performance. It involves dividing products into different classes or categories. With each class having similar features. This would help in price fixing for the different class of products.
Answer: Topical
Explanation:
Topical pattern of organization is most commonly utilized format, and thus typically tends to work when other fail to do so. This pattern tends to arrange information and data in accordance to the different sub-topics that are available within the larger topic, in other words the different "type" of categories that tend to fall within the larger category. Under this pattern, different "type" tends to represent the main and vital section of the information.
Answer:
The answer is: Gross profit = $2,788
Explanation:
- Feb. 1 Purchase 110 units $46 per unit
- March 14 Purchase 190 units $48 per unit
- May 1 Purchase 135 units $ 50 per unit
312 units were sold at $64 per unit, tax rate is 30%
Using FIFO, what is the company's gross profit? We first calculate COGS
Cost of goods sold - 312 units:
- 110 units at $46 per unit = $5,060
- 190 units at $48 per unit = $9,120
- 60 units at $50 per unit = $3,000
Total COGS = $17,180
<u>Income statement for Hogan Industries 2017</u>
Total revenue $19,968
<u>COGS ($17,180) </u>
Gross profit $2,788
<u>Taxes 30% ($836.40) </u>
Net profit $1,951.60
Supply and demand! The prices will rise until the supply will reach the demand.