Answer: d. Uncle John's
Absolute Advantage refers to the ability of an individual, company, region or country to produce a particular product or service at a price lower than that of his or her or its competitors.
When the price for the company's products are lower in comparison to other similar products, the demand for its products are more and it's able to sell more number of units than its competitors.
In this case, Uncle John's has the absolute advantage since it sold the most number of cookies (125)
Answer:
Inventory = 15 voters
Flow rate = 3 voters per minute
Flow Time = 5 minutes
Explanation:
Flow rate is defined as the flow of units for each minute, or the minutes or each unit.
Here, number of voters is the units = 1,800 voters
Also provided number of hours = 10
Thus, flow rate shall be: 1,800/10 = 180 voters each hour
Now
= 3 voters per minute.
Flow time is the average time by each unit, that is time taken for each unit.
Flow time = 5 minutes
Now, that we know what flow rate and flow time is:
Inventory of voters = Flow rate
Flow time = 3 voters
5 minutes = 15 voters.
Answer:
$64,300
Explanation:
The amount of revenue that Moretti Department store should recognize as revenue in 2021 should be based on the redeemed amount in the year and unused balance:
1. $1,500 were redeemed during 2021
2. $800 2019 balance remains unused
3. $22,000 were redeemed in 2021
4. $40,000 were redeemed in 2021
Total Revenue for 2021 = $64,300
Answer:
1) d. $175,000
2) b. $156,250
Explanation:
1. The computation of net income for 20X9 under the treasury stock method is shown below:-
Net income for 20X9 under the treasury stock method = Janet Operating income + Slider operating income
= $100,000 + $75,000
= $175,000
2. The computation of income assigned to the controlling interest for 20X9 is shown below:-
income assigned to the controlling interest for 20X9 = Janet Operating income + (Slider operating income × Remaining percentage)
= $100,000 + ($75,000 × 75%)
= $100,000 + $56,250
= $156,250
Therefore we have applied the above formulas.
Answer:
May's sales that are expected to be noncollectable are $7500.
Explanation:
The total collections from a months's credit sales is expected to be as follows,
35% in the month of sale
54% in the following month
6% in the second month after sale
The remaining is expected to be noncollectable.
The credit sales for a month are equal to 100%.
The percentage of noncollectable sales is = 100 - (35 + 54 + 6) = 5%
Thus, 5% of each month's sale is expected to be noncollectable.
May's sales that are expected to be noncollectable are,
Noncollectable Sales-May = 150000 * 0.05 = $7500