Answer:
the cost of goods sold to be recorded at January 14 is: $230 .
Explanation:
LIFO (Last in First out) method, assumes that the last goods purchased are the <em>first ones</em> to be issued to the final customer.
This means that valuation of inventory will begin using the value of the <em>earliest</em> goods purchased.
The Cost of goods sold is calculated as follows :
Cost of goods sold : 9 units × $14 = $126
13 units × $8 = $104
Total = $230
It can affect the company's ability to get a lending (borrow money). It can also affect the chances of finding an investor.
Answer:
e. trialability
Explanation:
Trialability is the ability to give an idea, process, product, or system a trial before making a final decision.
It indicates the degree to which a product or innovation can be experimented by the customer before they finally buy.
Warby Parker has leveraged on this strategy by allowing customers browse frames on Warby Parker’s website and select five pairs they would like to try on before buying—or not. Warby Parker handles all the shipping costs and provides all the return packaging
Answer:
The correct answer is (A and C)
Explanation:
Storing data is important for businesses as it helps to record everything, and it can be used at any time to ensure transparency and integration. Relationship database is a mean of storing data which helps to apply business rules and regulations across every operation. Likewise, it also helps to inline all the operations to integrate business processes.
