Economies of scale are savings from not buying too much of any one thing
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: Economies of scale results when producing goods and services at lower costs by purchasing, manufacturing, and distributing higher quantities.
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Following is a list of account balances of Surburban Lawn Services as of December 31 of the first year of operation
Accounts Receivable $4,000 Accounts Payable 6,000 Salaries Expense 7,000 Repairs Expense 600 Truck 10,000 Equipment 9,000 Notes Payable 8,300 Cash 7,200 Supplies Expense 1,500 Service Revenue 31,000 Gasoline Expense 3,100 Salaries Payable 300 What is the amount of total liabilities at the end of the year? A) $14,600 B) $26,800 C) $23,700 D) $14,300
Discuss the concept of brand positioning
What will be an ideal response?