When ebay and amazon.com cut out the majority of middlemen that normally would participate in the exchange process, it is an example of D) Diversification
The elimination of the bulk of middlemen who would typically take part in the exchange process by ebay and amazon.com is an example of. Reverse auctioning, deregulation, reintermediation, disintermediation, and diversification are some examples of strategies. answer:
The trading of stocks, bonds, commodities, options, and futures takes place on an exchange. Maintaining fairness and order among buyers and sellers, as well as effectively disseminating information regarding prices for any sort of security traded on that exchange, are the primary goals of an exchange.
A public open auction where real and personal property is bought and sold. Traditionally, the auctioneer will accept the highest (and final) bid after a series of increasing bids or proposals from prospective buyers (who is usually an agent of the seller).
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The answer is state and local governments.
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Answer:
A) 2.40 2.63
Explanation:
<u>Equivalent units Materials </u>
As they are added entirely at the beginning so equivalent units equals the physical units:
20,000 compelted + 10,000 ending: 30,000
<u>Equivalent units Conversion Cost</u>
completed and transferred-out + percentage of completion ending WIP inventory
20,000 completed + 10,000 x 40% = 24,000
Unit cost:
Materials:
72,000 / 30,000 = 2.40
Conversion Cost:
63,000 / 24,000 =2.625
Answer:
D. $210000
Explanation:
Given that
Inventory balance at the beginning = 22000
Inventory balance at the end = 20000
Inventory turnover = 6.0
Gross profit ratio = 40%
Average inventory = balance at beginning + balance at end / 2
= 22000 + 20000/2
= 21000
Recall that
Inventory turnover = cost of good sold/average inventory
Thus,
Cost of good sold = inventory turnover × average inventory
= 6.0 × 21000
= $126000
Therefore
Net sales = cost of good/ 1 - gross profit ratio
= 126000/1 - 0.4
= 126000/0.6
= $210,000
Labor force – all nonmilitary people who are working and unemployed.
Employed – 16 years or older and come across one of these requirements:- They work as a minimum one hour for pay within the past week.
- They worked 15 hours or more hours deprived of pay in a family business, such as a farm.
- They apprehended jobs but did not work because of illnesses, vacations, labor disputes, or bad weather.
Unemployed – people who do not come across the said criteria are tallied as unemployed or they are temporarily out of work.
