Suppose your firm has a marginal revenue given by the equation mr = 10 - q where q is the quantity produced and sold. this means that the seventh unit of output brings in 10 - 7 = $3 of additional revenue. the marginal cost for your firm is given by the equation mc = 2 + q. this means that the seventh unit of output increases the marginal cost by 2 + 7 = $9. if the firm produces the seventh unit of output, marginal cost will be marginal revenue. in which of the following cases, will the profit of the firm be maximized? a. when the marginal cost of producing an additional unit equals the marginal revenue from that unit. b. when the average cost of producing an additional unit equals the marginal revenue from that unit. c. when the marginal cost of producing an additional unit is less than the marginal revenue from that unit. d. when the average cost of producing an additional unit is less than the marginal revenue from that unit. the profit-maximizing level of output is units.

In a sumif conditional function, what should be the order of terms in the parentheses?

Monica needs to assess the slide sequence and make quick changes to it. which view should she use in her presentation program? a. outline b. slide show c. slide sorter d. notes page e. handout

Jordan, inc. sells fireworks. the company’s marketing director developed the following cost of goods sold budget for april, may, june, and july. april may june july budgeted cost of goods sold $62,000 $72,000 $82,000 $88,000 jordan had a beginning inventory balance of $3,000 on april 1 and a beginning balance in accounts payable of $14,600. the company desires to maintain an ending inventory balance equal to 15 percent of the next period’s cost of goods sold. jordan makes all purchases on account. the company pays 65 percent of accounts payable in the month of purchase and the remaining 35 percent in the month following purchase. required prepare an inventory purchases budget for april, may, and june. determine the amount of ending inventory jordan will report on the end-of-quarter pro forma balance sheet. prepare a schedule of cash payments for inventory for april, may, and june. determine the balance in accounts payable jordan will report on the end-of-quarter pro forma balance sheet.