Answer:
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Answer:
The value of inventory is $1600.
Explanation:
The business has two inventory on hand that cost $300 each so total value of inventory = 2 × 300 = $600
The value of four items at $400 each = 4 × 400 = $1600
Total number of items = 2 + 4 = 6
Total value of 6 items = 600 + 1600 = $2200
The value of sold inventory = 2 × 300 = $600
The value of inventory = total value of inventory - The value of sold inventory
The value of inventory = $2200 - $600
The value of inventory = $1600
Your answer is
<span>B. Setting prices low in an attempt to gain increased market share</span>
Answer:
false
Explanation:
Interest is the cost of using credit. The applicable interest rate determines this cost. Like most other commodities, interest rates are subject to the forces of demand and supply.
If the demand for credit increases, then the cost of credit will increase, meaning interest rates will increase. On the other hand, a decline in the demand for loans will cause interest rates to reduce.
Answer:
A. decrease by 2 to 33 customers per hour.
Explanation:
Espresso stand with single barista has a service rate of 35 customers per minute. The customers arrival rate is 28 per hour. Maximum wait and service time is 6 minutes per customer, then the service rate should decrease by 2 to 33 customers per hour.
