Friendship is a state of enduring affection, esteem, intimacy, and trust between two people. Hence, there is sense of friendship among Jack and Marcus.
<h3>Advantages Of Living Near Your Workplace</h3>
- Jack and Marcus can avoid traffic and stay away from pollution
- It will help them save a lot of time
- They will end up saving money
- They will help you stay healthy
- It increases flexibility
Therefore, they (Jack and Marcus) will have the above advantage.
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Answer:
Monthly rent of $345 would maximize revenue
Explanation:
Revenue = Price * Quantity
Quantity depends on price. We need to work out the relationship between price and quantity (that is, the demand function)
When the rent is $420, quantity demanded is 90 units:
When P = 420 we have Q = 90
Let x be the change in price. For every 3 dollar increase (decrease) in price demanded quantity will decrease (increase) 1 unit:
P = 420 + x (a) we have Q = 90 - x/3 (b)
To find the relationship between P and Q we seek to eliminate x.
Multiply both sides of (b) with 3 we have: 3Q = 270 - x (b')
From (a) and (b') we have: P + 3Q = 420 + x + 270 - x
=> P = 690 - 3Q
Revenue R = P * Q = (690 - 3Q) * Q = 690Q - 3Q^2
To find maximum set derivative of R to 0:
dR = 690 - 6Q = 0
=> Q = 690/6 = 115
To lease 115 the price should be P = 690 - 3Q = 690 - 3*115 = 345
A; sounds like the best option
Answer:
Explanation:
The journal entry is shown below:
Cash A/c Dr $6,240
Credit card expense A/c Dr $260 ($6,500 × 4%)
To Sales A/c $6,500
(Being the deposit is recorded)
For recording the deposit, we debited the cash account, credit card expense and credited the sales account so that the proper posting can be done.
Answer: The correct answer is "C. An activity-based approach refines a costing system by focusing on individual activities as the fundamental cost objects. It uses the cost of these activities as the basis for assigning costs to other cost objects such as products or services.".
Explanation: The ABC costing model is a model that is based on the grouping into cost centers that make up a sequence of value of the products and services of the company's productive activity. It focuses its efforts on managerial reasoning in an adequate way the activities that cause costs and that are related through its consumption with the cost of the products. The most important thing is to know the generation of costs to obtain the greatest possible benefit from them, minimizing all the factors that do not add value.
