THE COST AND SALES CONCEPT Cost is defined as a reduction in the value of an asset for the purpose of securing benefit or gain. Cost is defined in a hotel and restaurant as the expense to a hotel or restaurant for goods or services when the goods are consumed or the services are rendered. KINDS OF COSTS 1. Fixed costs – are those that are normally unaffected by changes in sales volume. They are said to have little direct relationship to the business volume because they do not change
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COST OF PRODUCTION CONTENTS 1. Introduction 2. Types of costs 3.1 Opportunity‚ implicit and explicit costs 3.2 Fixed and variable costs 3.3 Average costs 3. Types of cost curves 4.4 Marginal cost curve 4.5 Average cost curves 4. Costs in Short run and in the Long run 5.6 Short run 5.7 Long run 5.8 Economies of scale 5. Cost analysis in the real world 6.9 Economies of scope 6.10 Experiential
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Cost of Capital Definition: cost of capital is the rate of return that a company must earn on its project investments to maintain its market value and attract funds. The cost of capital to a company is the minimum rate of return that is must earn on its investments in order to satisfy the various categories of investors‚ who have made investments in the form of shares ‚ debentures and loans. The cost of capital in operational terms refers to the discount rate that would be used in determining the
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Triangle‚ it started it out in Europe‚ and then to Africa‚ there they traded slaves with material and then on to the New World where the slaves would harvest crops and other stuff to bring back to Europe. This paper will talk about how Europeans justified slavery using the bible‚ their religions and racism. The bible stated that slavery was just and that the sons of Canaan should be enslaved. It all started when Ham saw his father Noah naked and drunk in his tent‚ whereas Shem and Japeth walked
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Nishadi Perera Davis 6747 Literature 14 May 2017 In the Woodshed: Was Sethe Justified? There is no denying the impact of slavery on African-American literature. Many black author’s ancestors arrived against their will on ships that were over-occupied. African American scholar and social historian Lerone Bennet Jr. describes slavery as "the saga of the black men whose backs were lacerated by the white men. It is the tale of the black women who were manhandled by their white masters." Morrison drew
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Justified Independence Kimberly White 12/18/2014 The American colonists’ were justified in declaring their independence and breaking away from Great Britain. There were many reasons the colonists wanted their freedom. Among these reasons‚ the most important were unreasonable taxes‚ control of trade‚ and the violent nature of Britain. The first justified reason the colonists had for declaring their independence from Britain was the unreasonable and unfair taxes that the British
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Is war ever justified? Is war ever justified? I would say yes. Others would say no. I believe that there are some situations that resort to going to war and that there are some that do not. If Britain hadn’t declared war on Germany when they invaded Poland‚ what would have happened? Would Jews still be persecuted? Would Hitler have had his "perfect" race or blonde hair and blue eyes? Would most of Europe now not be speaking English or French‚ Spanish‚ Portuguese etc.‚ but be speaking German? Britain
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COST ANALYSIS Prepared by: Nebuchadnezzar Rabaya OBJECTIVES To provide a basic understanding of the nature of cost analysis. To give highlights on the importance of cost analysis on any venture. To present a clear overview on various types of costs. Cost Definition: an amount that has to be paid or spent to buy or obtain something. Analysis Definition: is the process of breaking a complex topic or substance into smaller parts to gain a better understanding of it. What is cost analysis
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Project managers must take cost estimates seriously if they want to complete software projects within budget constraints. After developing a good resource requirements list‚ project managers and their software development teams must develop several estimates of the costs for these resources. There are several different tools and techniques available for accomplishing good cost estimation. Software development project managers should prepare several types of cost estimates for most projects. Three
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that the United States was not justified to drop the atomic bombs. Theses bombs killed up to 140‚000 innocent Japanese citizens and injured thousands more. Thousands more innocent lives suffered third degree burns and many other type of injuries. The two bombs destroyed many houses‚ buildings‚ and crops. The United States also invested 2 billion dollars in these bombs. Was it worth it to kill all of these thousands of innocent lives? The United States was not justified in dropping these two atomic
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