High barriers to entry are generally the least likely to produce high returns on capital.
What are returns on capital?
A payment or return from an investment that is not regarded as a taxable event and is not subject to income tax is known as a return of capital (ROC). For instance, capital is returned on permanent life insurance policies and retirement accounts; earnings are returned first on standard investment accounts. The cost basis of an investment is the primary amount that should produce a return on the investment. Return of capital simply refers to the return of the principal; it does not include any gains or losses from the investment.
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the growth potential of alternative agricultural practices such as the growing of amaranth grain and the raising of deer, elk, emus, and buffalo for meat is limited because
The lack of an integrated commodity chain limits the expansion potential of alternative agricultural practices including breeding deer, elk, emus, and buffalo for meat and cultivating amaranth grain.
What is meant by commodity chain?A commodity chain is a procedure used by businesses to collect resources, turn them into products or commodities, and then distribute them to customers. A commodity is created as a result of a network of connections between various production and distribution locations and is then traded on the global market. Automobile, aircraft, and electrical machinery manufacturing are examples of relatively capital-intensive, producer-driven commodity chains.An worldwide coordinated system of business relationships between employers and employees through which raw materials are gathered, converted into goods and services, and supplied to consumers all over the world."A network of labor and production processes with a finished commodity as the end product" is the definition of a commodity chain.To learn more about commodity chain, refer to:
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when consumers purchase a good or service, they do so in order to their level of utility or satisfaction.
When consumers purchase a good or service, they do so in order to their level of utility or satisfaction. This is known as economic utility.
What is economic utility?
The total amount of enjoyment a consumer receives from a product is its economic utility. It's another method of expressing the usefulness or worth of a product or commodity. When a consumer thinks a product will be useful to them in some way, they are more inclined to buy it. They believe that using or ingesting the acquired thing will satisfy their desire. Understanding how well a certain commodity or service may meet a consumer's needs is known as economic utility.
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which of the following is a personal quality of leaders? emotional distance humility conformity insight into organization
A: Emotional distance is a personal quality of leaders.
Emotional distance is a personal quality that some leaders possess, allowing them to remain detached from their emotions and maintain a certain level of objectivity in their decision-making. This quality can be valuable in high-stress and high-stakes situations, as it enables leaders to remain calm and focused, and avoid making impulsive decisions based on their emotions.
However, being emotionally distant can also create a perceived lack of empathy and create distance between leaders and their followers, undermining trust and morale. Effective leaders often strive to balance emotional distance with empathy, being able to connect with their employees while still making objective and effective decisions.
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assume a person quits his job to become at a stay-at-home parent. please complete the statement below. the labor-force participation rate falls , and the unemployment rate .
The unemployment rate increases when the labour force participation rate declines.
Who is counted in the participation rate in the labour force?
The percentage of people 16 and older who are employed or actively seeking employment is known as the labour force participation rate. Because it shows the proportion of human resources that are accessible for the creation of goods and services, it is a crucial indicator of the labour market. The percentage of the population that is employed or actively seeking employment is known as the participation rate. (Labor Force Civilian Noninstitutional Population) x 100 equals the labour force participation rate.
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Jada first refused her brother's request to change the date of their family holiday dinner, but after he threatened to not show up, Jada changed her mind. Which persuasive power did Jada's brother use?
Jada's brother used the persuasive power of coercion to get her to change her mind about the date of their family holiday dinner. Coercion involves using threats or force to make someone comply with your request. In this case, Jada's brother threatened to not show up if she did not change the date, which convinced Jada to comply.
which of the following is a formal meeting where a person is asked to communicate their skills and interests?
Interview is a formal meeting where a person is asked to communicate their skills and interests.
What are individual interests?Activities that one enjoys doing in their own time are known as personal interests. Hobbies, athletic endeavours, creative endeavours, free time activities, community service, traditional activities, spiritual practises, academic pursuits, and personal growth are a few examples. A sensation or emotion called interest directs attention to a certain thing, activity, or process. In modern psychology of interest, the phrase is employed as a broad notion that may include other, more specialised psychological terms, such as curiosity and, to a much lesser extent, surprise.
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Without discounting cash flows to take into account the time value of money, how soonwill MBC break even on the following customers? In all cases, assume that revenues andvariable costs to staff the cages occur on an ongoing basis but that the acquisition costs area one-time event.a. A Little Leaguer: 3rd year (¥1,563)b. A Summer Slugger: 3rd year (¥500)c. An Elite Ballplayer if MBC places the ad in the local baseball enthusiasts magazine: 4th year(¥5,280)d. An Elite Ballplayer if MBC purchases the list and invites all target customers to the galaevent: 3rd year (¥8,800)e. An Entertainment Seeker: 2nd year (¥25)
Customer acquisition costs are calculated by running the following ratio:
CAC = Contact Cost / Response Rate
What is customer acquisition?
Management of customer prospects and inquiries is done using a set of procedures called customer acquisition management.Customer relationship management and advertising can work together to attract new customers through customer acquisition management.Lead management and customer acquisition management are comparable.A closed-loop reporting system is occasionally absent from lead management definitions but is always present in customer acquisition management.The organisation may typically quantify the efficacy of outcomes from various promotional campaigns using such a reporting system.This enables businesses to continually enhance their marketing campaigns and customer acquisition strategies.To know more about customer acquisition, click the link given below:
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kris's company has given her a raise to $17.95 per hour, but plans to change the way they pay to monthly instead of biweekly. to calculate what kris's gross pay will be for the new pay period, perform the following calculations:
Kris' annual gross salary is determined to be $37,336. Her cross-pay for the month was shown to be $3,111.33.
Before taxes, benefits, and other payroll deductions are made, an employee's gross pay is the amount of their compensation. The equation Gross compensation = Employee's hourly rate x Hours worked is used to determine this.
a) In this case, the question has already provided the equation; we merely need to multiply the given numbers to obtain Yearly Gross Pay, which equals $17.95 x 80 x 26 = $37336.
b) We must divide the annual gross compensation by 12 to determine the monthly gross pay. And we obtain
Monthly gross pay = 37336/12
=$3,111.33
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Note: The correct question would be as bellow,
Kris's company has given her a raise to $17. 95 per hour, but plans to change the way they pay to monthly instead of biweekly. To calculate what Kris's gross pay will be for the new pay period, perform the following calculations:a. Calculate Kris's yearly gross pay by multiplying her biweekly gross pay by 26 (the number of times she currently receives a paycheck per year): $17. 95 x 80 x 26 =
b. Divide that amount by 12 to get the monthly gross pay:
T or F: in a supply chain, the output from an upstream process is linked to the adjacent downstream process.
Answer:
the answer is
T because it is not F
Which of the following is the best definition of entrepreneurship?A.Public sector employeesB.The process of seeking business opportunities under conditions of riskC.Small business ownershipD.Independent business management
The process of seeking business opportunities under conditions of risk is the best definition of entrepreneurship.
What is entrepreneurship?
The creation or extraction of economic value is referred to as entrepreneurship. According to this definition, entrepreneurship is considered as transformation that typically involves greater risk than is typical when beginning a business and may also involve values other than just financial ones. Entrepreneurship is the most crucial aspect of management, particularly for those eager individuals with a start-up idea, is management. Entrepreneurship entails knowing when there is a gap in the market that no other provider is filling and having the business acumen to recognize when to seize this untapped opportunity.
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fill in the blank. canada's government owns the communications, transportation, and utilities industries; most other activities are carried on by private enterprises. canada is considered a___economy.
Canada is considered a mixed economy, meaning that both private enterprises and government play a role in the country's economic activities.
In Canada, the government owns and operates several key industries such as communications, transportation, and utilities. These industries are considered to be of strategic importance to the country and therefore are under government control. However, most other economic activities such as manufacturing, retail, and finance are carried out by private enterprises. This combination of government and private enterprise allows for a balance between the benefits of market efficiency and government intervention to regulate the economy and provide public goods and services. In conclusion, Canada's mixed economy has provided stability and prosperity to the country, allowing it to maintain a strong and diverse economy while providing essential public services and infrastructure.
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calculate the growth rate of nominal gdp between 2016 and 2017. round your answer to the nearest hundredth of one percent.
the growth rate of nominal GDP between 2016 and 2017, Real GDP in 2016 =$18,707/1.1219=$16,674.4, Real GDP in 2017 =$19,485/1.1427 =$17,051.9.
It is accurate to use the GDP deflator to calculate actual GDP. While nominal GDP calculates the value of output using current prices, which are subject to inflation, real GDP gauges an economy's output after accounting for price changes. We can adjust nominal GDP to discover real GDP, which provides us a better view of the economy's actual production, by utilising the GDP deflator as a measure of the general level of prices. The computation of the real GDP in 2016 in the provided example is accurate. The nominal GDP of $18,707 was adjusted using the GDP deflator of 112.19, yielding a real GDP of $16,674.4. This computation shows the production of the economy after accounting for price fluctuations.
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Using the table below, calculate real GDP (in billions of dollars) in 2016 and 2017. Round your answer to the nearest tenth.
Year Nominal GDP(in billions of dollars) GDP Deflator(2005=100)
2014 17,522 109.34
2015 18,219 110.51
2016 18,707 112.19
2017 19,485 114.27
2018 19,960 114.90
the state of california issues new bonds to the public with an investment bank serving as the underwriter to raise capital.
In order to gain funds, the state of California issues fresh bonds to the wider populace with nothing but an investment company acting as from the underwriting. Due to its perception that perhaps the securities were susceptible to default.
a hedge fund bought swaps against credit default on securities it did not hold.
To recoup the funds they got mostly from government after the 2008 financial crisis, US banks seek extra capital by purchasing new securities and bonds.
Investment banks' methods for raising money
Development banks typically assist clients with debt and stock offerings to raise capital. This involves generating capital via initial public offerings (IPOs), credit facilities with the bank, the sale of shares to buyers through investment managers, or the issuance and sale of securities just on real estate loan.
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a bank manager is interested in the average length of time that customers are willing to wait in line before they give up and leave the bank. match the vocabulary word with its corresponding example.
A parameter is a measure of a specific characteristic in a population, whereas a statistic is a measure of a specific characteristic in a sample.
What are the parameters?The average amount of time it took the 25 customers to leave the bank. - Statistical
The times when the 25 customers left the bank. - data
Information on all of the bank's customers. - The population
The manager observed 25 customers leave. - Exemplification
The amount of time a customer stays in the bank before leaving. - Changeable.
The average time that all customers wait before leaving the bank. - Dimension
We can see that a bank manager is interested in determining the average wait time for each customer, which is known as a parameter.
The complete question:
"A bank manager is interested in the average length of time that customers are willing to wait in line before they give up and leave the bank. Match the vocabulary word with its corresponding example.
The average length of time that the 25 customers waited before leavingthe bank
The list of times for the 25 customers who left the bank
All of the bank's customers
The 25 customers that the manager observed leave
The length of time a customer waits before leaving the bank
The average length of time that all customers will wait before leaving the bank
a. Parameter
b. Variable
c. Sample
d. Population
e. Statistic
f. Data"
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the statement of stockholders' equity . multiple choice describes changes in each of the major equity subcategories is part of the statement of retained earnings shows only the ending balances in stockholders' equity does not include changes in treasury stock
The statement of stockholders' equity a) describes changes in each of the major equity subcategories.
Companies frequently replace the statement of retained earnings with a statement of stockholders' equity. The stockholders' statement reports the beginning and ending balances of all major equity accounts (rather than just the retained earnings account) and details the changes that occur over the period.
Stockholders' equity, also known as shareholders' or owners' equity, is the amount of assets accessible to shareholders after all liabilities have been paid.
It is measured as a firm's total assets less total liabilities, or as the sum of share capital and retained earnings less treasury shares. Stockholders' equity may include common stock, paid-in capital, retained earnings, and treasury stock.
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Correct question:
The statement of stockholders' equity _____.
-describes changes in each of the major equity subcategories
-is part of the statement of retained earnings
-shows only the ending balances in stockholders' equity
-does not include changes in treasury stock
Which of the following assets purchased in the current year are eligible to be expensed under Section 179 assuming the cost does NOT exceed the limitations? (Check all that apply.) 1. Used equipment 2. Land for future building site 3. Storage warehouse 4. New office furniture 5. New delivery truck 6. Apartment complex
1.Used equipment, 4.New Office furniture, 5.New Delivery Truck are the assets purchased in the current year are eligible to be expensed under Section 179 assuming the cost does NOT exceed the limitations.
1. Confirm that your asset is eligible:
(To qualify for a Section 179 deduction, your asset must be.)
Tangible. Section 179 applies to tangible items including furniture, machinery, and the majority of computer software. Unlike patents or copyrights, intangible assets do not. Although some equipment that is attached to the structure, such as fire suppression systems, alarms, and air conditioning units, does qualify, buildings and land do not.Purchased. Leasing property is not acceptableUsed in your company more than 50%. An asset that is utilized mostly for personal purposes but sometimes for business purposes is ineligible.It should not received from an authorized source. This includes your siblings, spouse, parents, grandparents, great-grandparents, descendents, corporations, trusts, and charitable organizations.To know more about Section 179
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Understanding opportunity cost Suppose you are currently employed as an assistant coach on a college lacrosse team and earn an hourly wage of
$22
. One night you decide to miss an optional one-hour practice and
g∘
to the skating rink instead, which costs
$15
. The total dollar cost of missing work and going to the rink, including the opportunity cost of your time, is
The opportunity cost of your time and the overall cost of missing work to go to the rink come to $37.
What exactly is opportunity cost and how is it determined?The value or advantage that is given up by choosing one course of action over another is referred to in microeconomic theory as the "opportunity cost." In actuality, it means that once you select one activity, you are unable to select a different one.
To calculate the opportunity cost for the investor, the potential return of the investment opportunity that is selected is subtracted from the potential return of the investment that is not selected. Potential Return on Selected Investment minus Potential Return on Unselected Investment is used to assess opportunity cost.
He lost the hourly wage= $22
cost for going to skating rink= $15
The total cost of missing work to go to the rink, accounting for the lost potential cost of your time= $37
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wo hundred workers from a factory participated in an end of the year evaluation. their manager creatively decided to give each of them their z-scores instead of their grade. Alex got his z-score of 3.0. he was wondering how well he did on the evaluation.
a)it was very bad and needs to work harder in the next year
b)it was very good, much better than almost all of the others workers in the factory
c)it was so-so but still better than half the workers in the factory
d) it was not that good, but not at the bottom of the distribution
Wo hundred workers from a factory participated in an end of the year evaluation. their manager creatively decided to give each of them their z-scores instead of their grade. Alex got his z-score of 3.0 c)it was so-so but still better than half the workers in the factory.
Alex got a z-score of 3.0, which means that he performed better than average. In a standard normal distribution, approximately 68% of the data falls within one standard deviation of the mean, so a z-score of 3.0 indicates that Alex's performance was much better than the average.
However, it is not as simple as saying "much better than almost all of the others workers in the factory" or "better than half the workers in the factory" as the distribution of scores could have a different shape and variability. To determine exactly where Alex's performance stands in relation to the other workers, you would need more information about the mean and standard deviation of the scores.
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the owner of an undeveloped lot needed money. the fair market value of the lot was $150,000. the owner approached an investor about borrowing $75,000. the
Because the transaction is treated as an equitable mortgage, the investor may foreclose on the lot.
What are the five types of property rights?
The term "bundle of rights" refers to the legal rights that come with owning real property. The "bundle" comprises five rights: the right to possess, the right to control, the right to exclude, the right to enjoy, and the right to dispose of.
The owner may demonstrate that the deed was not intended to be an outright transfer of the lot, but rather to serve as a loan security - essentially a mortgage.
Therefore, As a result, the court will regard it as an equitable mortgage.
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HECM programs impose an additional condition on prospective borrowers by requiring them to participate in a consumer counseling session given by an approved counselor before they can apply for the loan. The counselor will explain:
The counsellor will give direction and advice in choosing a programme and/or a lender, as well as explain the expenses of the loan and its financial ramifications.
What is a loan?
In a loan, a certain quantity of money is given to another person in exchange for the value or main amount being repaid at a later date. In many circumstances, the lender increases the principal value by adding interest or finance charges, which the borrower must pay in addition to the principal sum.
Loans may be made for a predetermined, one-time sum or as an open-ended line of credit with a cap of up to a certain amount. In addition to secured and unsecured loans, there are also commercial and personal lending options.
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a company issued a check for $6,000 to pay rent for the next three months. this transaction would debit the account, and credit the account.
In order to credit the account, the business wrote a check for $6,000 to cover the next three months' worth of rent.
What happens to a company's finances after it pays rent for the current month?What the Accounting Equation is Affected by a Rent Payment. Each month that rent is paid, a company's Cash asset decreases. The second account is to the temporary account Rent Expense, which will be debited if the payment is for the current month's rent.
When a business pays three months' worth of rent up front, shouldn't it?Rent that is paid in advance will result in a reduction in the cash account balance and an increase in the prepaid rent account balance. A drop in assets results from paying rent in advance because it represents a monetary outflow.
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A drought decreases the supply of agricultural products, which means that at any given price a lower quantity will be supplied; conversely, especially good weather would shift the 21. A. demand curve to the right B. supply curve to the left C. supply curve to the right D. demand curve to the 22. According to the law of supply A. there is a direct relationship between price and the quantity supplied. B. there is an inverse relationship between price and the quantity supplied. C. there is a direct relationship between price and quantity demanded. D. there is an inverse relationship between price and quantity 23. Interpret the following statement: "An increase in the price of wheat will encourage farmers to increase the quantity of wheat supplied to the market." The statement is correct. "quantity of wheat supplied." supply. farmers to increase the quantity of wheat supplied to the market." A. B. The statement would be correct if "quantity of wheat demanded" were substituted for C. The statement is incorrect because it confuses a change in quantity supplied with a change in D. The statement would be correct if it read that a "decrease in the price of wheat will encourage
A drought reduces the supply of agricultural products, which means that at any given price, a lower quantity will be supplied; in contrast, exceptionally excellent weather would move the supply curve to the right.
What is supply curve to the right?Producers will create more if their cost of production is lower because this will enhance the profits they can make at a given price. The supply curve will shift to the right as more are produced at all prices, increasing the available supply.A drought has a negative impact on crop productivity, which reduces the availability of agricultural products. The supply curve for agricultural products will move to the left as a result of the decrease in supply. This suggests that at any price, a lower quantity than before will be offered.On the other side, favorable weather has a positive impact on agricultural productivity. As a result, supply rises. As a result, the supply curve will veer to the right, suggesting that there will be more supply at each price point.To Learn more About supply curve to the right Refer To:
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A clause which specifies that the mortgagor will pay all property taxes and other charges assessed against the property, even if theses charges have priority over the mortgage is typically included in a mortgage.(T/F)
A clause which specifies that the mortgagor will pay all property taxes and other charges assessed against the property. This statement is true.
A mortgagor is someone who borrows money from a lender to buy a house or other piece of real estate. Mortgage loans with varied terms are available to borrowers based on their credit history and collateral.
The mortgagor must pledge the title to the actual property as security for a mortgage loan. A mortgagee, on the other hand, is a company that loans money to a borrower for the purpose of purchasing real estate.
Mortgage loan terms might vary depending on the underwriting considerations involved with a mortgage loan. Mortgage loans are a sort of secured loan, hence the pledging of real estate collateral is a feature shared by all mortgage loans.
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Match the following word pairs with the term that best describes their relationship within the cardiovascular system:
1. Pressure and volume
2. Flow and resistance
3. Pressure and flow
4. Radius and flow
The system that transports blood to various body parts is the cardiovascular system.
What is the cardiovascular system?
To obtain oxygen into the blood, the circulatory system (cardiovascular system) pumps blood from the heart to the lungs. The remainder of the body receives oxygenated blood from the heart via arteries. Oxygen-depleted blood is returned to the heart by veins to restart circulation. The major job of the circulatory system is to transport oxygen, nutrients, and hormones throughout the body to the muscles, tissues, and organs. The removal of waste from cells and organs so that your body can get rid of it is another function of the circulatory system.
1. Pressure and volume - Inversely proportional
2. Flow and resistance - Inversely proportional
3. Pressure and flow - Proportional
4. Radius and flow - Proportional
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Select the items below that a designer can modify to effect propagation delay (select all that apply).
• Processor Organization
• Plastic Packaging
• Heat
• Clock Rate
• Manufacturing Process
Processor Organization, Manufacturing Process effect propagation delay
What propagation delay?Propagation delay is defined as the flight time of packets over the transmission link and is limited by the speed of light.Propagation delay in VLSI is normally described as the time difference between when the transitional input reaches 50% of its final value and when the output reaches 50% of its final value. This demonstrates the influence of input changeThe propagation delay tpd is the maximum time from when any input changes until the output or outputs reach their final value. The contamination delay tcd is the minimum time from when any input changes until any output starts to change its value.
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specify which of the following cash transactions would have resulted in the $1,900 posting to the account. (you may select more than one answer. single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. any boxes left with a question mark will be automatically graded as incorrect.) check all that apply 2 paying cash for supplies paying cash for utilities repayment of debt paying cash for rent paying cash for equipment paying cash for employee salaries payment of dividends selling assets
A cash book is a type of financial diary that records all cash inflows and outflows, including bank deposits and withdrawals. In the general ledger, entries from the cash book are then posted.
How a Cash Book Works?All cash transactions made during an accounting period are documented chronologically in a cash book that is set up as a subsidiary to the general ledger.
Larger organizations typically separate the cash book into two sections: the cash distribution journal, which records all cash payments, and the cash receipts journal, which records all cash received into the business.
The cash receipts book would contain items such as payments made by customers on unpaid accounts receivable or cash sales, whereas the cash disbursement record would contain items such as payments made to suppliers to lower accounts payable.
The main objective of a cash book is to manage cash properly, making it simple to ascertain cash balances at any moment, enabling managers and business accountants to budget their cash efficiently as necessary.
Additionally, using a cash book to track the cash through a ledger is significantly faster than using a cash book to obtain cash information.
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fill in the blank. campaigns like this one distinguish between purchasers and users. somewhat uniquely, the old spice ad addresses both groups. in this instance, are purchasers while___are users.
Campaigns like this one distinguish between purchasers and users. somewhat uniquely, the old spice ad addresses both groups. In this instance, women are purchasers while men are users.
What are Campaigns?
Companies employ product marketing campaigns to launch a product (or a product feature) onto the market. They are among the most significant and difficult campaigns in a product's life cycle. This is due to the fact that sales of a freshly launched product (or service) depend on good marketing communication. Campaigns are a crucial corporate growth booster. The best campaign strategy in the world, however, cannot be properly carried out without teamwide alignment. It is usually structured around a primary marketing message or a small number of themes.
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select all that apply which of the following adjustments would be required at the end of the period? (check all that apply.) multiple select question. deferred revenues accrued expenses common stock deferral adjustment accrued revenues deferred expenses cash accrued expenses
Deferrals are a kind of “adjusting” entry in a company's generic ledger that delays the attention of a transaction in the company's accounting data until a future fiscal duration or periods.
Deferrals are used to put off income — meaning, the amount to be collected, and expenses, or the amount to be paid
Which of the following is an example of an adjustment for deferred items?A. A pay as you go expense. - this is the correct answer as prepaid cost represents property which are paid but now not yet incurred or used.
There are two types of deferrals, specifically fee deferral and income deferral. Deferral of an fee refers to the money charge of an price made in advance, but the reporting of such fee is made at some later time.
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https://brainly.com/question/16701121#SPJ4In a negligence action, a plaintiff may seek an award for compensatory damages as a result of which of the following? Choose 3 answers.
a. a desire to punish the defendant for their unreasonable behavior
b. the loss of a spouse’s companionship
c. actual missed days at work
d. medical bills
In negligence lawsuits, plaintiffs can assert claims for damages in d. Medical bills.
A person who files a civil claim under the rules. In England and Wales the term has been replaced by the word 'plaintiff' (considering 1998), but 'plaintiff' is still used in Ireland, Northern Ireland and most other jurisdictions with common rules.
In Scotland, the term used is tracker. In criminal cases, the plaintiff is commonly identified because the man is the state on behalf of the victim.
The defendant is the person accused of violating a law or code of conduct. In a civil lawsuit, the plaintiff is the character who alleged wrongdoing was committed.
People who slipped on icy stairs and broke their leg can also seek compensation. The person suing is called the plaintiff. The character being sued is called the defendant.
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select all that apply which of the following are period costs for a manufacturer? (check all that apply.)
Payroll costs for the office employees, commissions from sales, and building rent
What is meant by period cost?direct materials for product manufacture totaling $11,350. Rent for the corporate office in the factory was $4,280. Production workers receive incomes of $65,500. Manufacturing facility electric expense of $300. Period costs fall under the organization's sales and administrative functions, whereas product costs only apply when a team or organization develops a product. Rent and expenses are considered period costs, whereas labor and other production-related costs are included in product costs. Any expense that is not a product cost is a period cost. Period costs are instead expensed on the income statement in the period in which they are incurred, not included in the price of made or acquired goods.To learn more about, refer to:
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