"ralph wants to illustrate how a system interacts with the environment. the best solution for him would be to use a _______

Growing chocolate is important to West African economies but they do not make as much money as the multinational companies that

kupik [55]

Answer: The name of the ghanaian brand is "57 chocolate"

Explanation:

57 Chocolate belongs to two sisters

Priscilla and Kimberly Addison, the creators of 57 chocolate, made in Ghana by Ghanaians, for Ghanaians. Their chocolates which come in dark, milk, white chocolate, mocha latte and bissap flavours are uniquely packaged in adinkra symbol shapes. and is the pioneer bean to bar chocolate business in Ghana. This venture uses resources grown within the country to create delicious chocolate

7 0

3 years ago

The key to success for big and small businesses alike is

garri49 [273]

Answer:

acountability, kill bureaucracy before it starts - more functions, fewer departments, more “teams,” fewer committees, open lines of communication, the customer is everybody’s responsibility, never stop “re-inventing” the business.

Explanation:

8 0

3 years ago

Who sets the price in a monopolistic competition?

AnnyKZ [126]

Answer:

Producers

Explanation:

Monopolistic competition is a form of market competition where different producers produce goods that are largely different from each other and can not even been used as a perfect substitute for one another.

This gives each producer the opportunity to decide its prices and output . Prices are always set higher than the marginal costs and the consumer surplus are less compared to a perfectly competitive market , making monopoly competition an imperfect market.

7 0

3 years ago

Scoresby Inc. tracks the number of units purchased and sold throughout each year but applies its inventory costing method at the

Talja [164]

Answer:

Transactions Units Unit Cost Total Cost

a. Inventory, Beginning 4,000 $ 20 80,000

b. Purchase, March 5 10,000 21 210,000

c. Purchase, September 19 6,000 23 138,000

d. Sale, April 15 4,500 65 292500

e. Sale, October 31 9,000 68 612000

f. Operating expenses $615,000

Ending Inventory Units 6,500

Cost of Good Available for Sale = 80,000+ 210,000+ 138,000= $428,000

The number of units in ending inventory = Beginning + Purchases - Sales

=4000+ 10,000+ 6000- 4,500- 9,000

= 6500

FIFO cost of ending inventory $ 148500

6,000 units at $ 23 =$138,000

500 units at $ 21= $ 10500

FIFO cost of goods sold = Sales - FIFO Ending Inventory

= $ 904500- $ 148500= $ 756000

LIFO cost of ending inventory $ 132500

4,000 units at $ 20 =$80,000

2500 units at $ 21= $ 52500

LIFO cost of goods sold = Sales - LIFO Ending Inventory

= $ 904500- $ 132500= $ 772000

Weighted cost of ending inventory = ($428,000/20,000)*6500= $ 139100

Weighted cost of goods sold = Sales - Weighted Ending Inventory

=$ 904500-$ 139100= $765400

Scoresby Inc. tracks

Income Statement

FIFO LIFO Weighted Method

Sales $ 904500 $ 904500 $ 904500

Cost OF Good $756000 $ 772000 $765400

Sold

Gross Profit $ 148500 $ 132500 $ 139100

Less

<u>Operating expenses $615,000 $615,000 $615,000 </u>

Net Loss (466,500) (482,500) (475,900)

4.LIFO minimizes taxes as it gives the lowest gross profit assigning the oldest values to ending inventory.

4 0

3 years ago

If the elderly consume the same market basket as other people, then Social Security would have an uncertain impact on their stan

laiz [17]

Answer: b false

Explanation:

5 0

2 years ago

"ralph wants to illustrate how a system interacts with the environment. the best solution for him would be to use a ________:"