This is a bad move. You should work on getting a high credit score on one card not multiple.
The law of diminishing marginal utility states that as a
person increases consumption of a good while keeping consumption of other
products persistently then there is a drop in the marginal utility<span> that person descends from consuming each extra unit of
that product. So the answer is letter C.</span>
Answer:
$55,500
Explanation:
The computation of the net realizable value after the write off entry is show below:
The credit balance in allowance with terms to bad debts is
= $4,500 - $4,000
= $500
Now the net realizable value is
= ($60,000 - $4,000) - ($4,500 - $4,000)
= $56,000 - $500
= $55,500
Hence, the same is to be considered
Answer: Vision statement
Explanation:
Vision statement is referred to as or known as an organization's road map, which tends to indicate what the organization believes to become and achieve by putting forth a well defined direction and route for the organization's growth. These statements usually undergo the minimal revisions throughout the lifetime of an organization, unlike the operational goals that might be revised on yearly basis.
Answer:
So, from a short-run perspective, so long as the sale does not affect other output prices or normal sales volume, a "below cost" sale may result in a net increase in income so long as the revenues cover the differential costs.
However, in the long run all costs must be covered or management would not reinvest in the same type of assets.
If the company must continually sell below the full cost of production then it will most likely get out of that particular business when it comes time to replace those facilities.
