Answer:
$6516
Explanation:
LIFO means last in, first out. It means that it is the last purchased inventory that is sold first.
Total sales in the month was 362 units, this would be taken from the inventory purchased during the month
= 362 x $18 = $6,516
Keynesian economists believe: <span>government can implement policy proposals that can positively impact the economy
Keynesian economist generally believed that the Economic situation in a country is a direct result from both private and public sector activities simultaneously, so both positive and negative things could derive from both sectors</span>
With the straight line equation, we can assume y = household spending, x is the income earned monthly, and b would be the base amount spent per month ($1000). m = 1/2 of the income that is spent (additional spending).
Therefore our equation takes shape as follows:
y = 1/2($income) + $1000
Answer:
A
Explanation:
Matching principle of accounting says that revenue must be recorded as soon as it is generated, not on the basis of its collection. Since income receivable is recorded as an income, therefore it must be recorded as long as it is earned not as it is collected.
Same is the case of expense as long as it is occurred, it should be recorded, not by payment is recorded.
Answer:
E. Positioning
Explanation:
Positioning deals with what organizations should do in order to sell its product and services to consumers. Positioning indicates an organization's product or service place in the mind of consumers. It is aimed at putting the product or services in the mind of the consumers. By redesigning and restocking the store to offer lre upscale environment with higher quality product, Friends had changed its positioning.
