Formula to calculate cost of goods sold:
Cost of goods sold = Opening stock + Cost of goods manufactured - Closing stock
Therefore, cost of goods sold for the year 2013 for Dollan Company = Finished goods stock as on Dec 31,2012 + Cost of goods manufactured for 2013 - Finished goods stock as on Dec 31, 2013:
$150,000 + $1,390,000 - $190,000 = $1,350,000
Therefore correct answer is $1,350,000
The above is an example of property rights facilitating exchange.
<h3>What is property right?</h3>
This refers to the legal right to own a property whether or not they are tangible or intangible.
Property rights enables one to do the following:
- A person has the authority to own a property.
- The property can be used within the law as he deemed fit.
- Receive any income that the property generates.
Hence, the above is an example of property rights facilitating exchange.
Learn more about property rights here: brainly.com/question/913138
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Answer:
Applied marketing research
Explanation:
Applied marketing research is the application of basic research in order to directly find solutions to specific commercial problems or to solve problems that are of many firms' interests. In the example given Campbell is trying to determine the soup consumers will prefer before the product goes out.
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Answer:
Answer for the question:
Course hero In the following normal-form game, what strategies survive iterated elimination of strictly dominated strategies (IESDS) (i.e., strategies that are not eliminated at the end of the IESDS process)? What are the pure-strategy Nash equilibria?
is explained in the attachment.
Explanation: