Business, 24.03.2020 23:10 sammyraegarrett
A firm in a perfectly competitive industry is producing 1000 units of output and earning revenues of 50000. At that level of output, marginal cost is equal to $6, average total cost is equal to $40 and fixed costs are equal to $5000. What should the firm do, if anything
Answers: 1
Business, 23.06.2019 12:00
Prepare a 250-500-word response to mrs. turner's questions about predicting final scores, statistical significance, and whether a store location should be closed based on the data provided. explain your approach and the rationale for this method. evaluate the outcomes of your regression model and the responses to mrs. turner's questions.
Answers: 3
Business, 23.06.2019 15:30
In its first year of operations, sunland company recognized $30,000 in service revenue, $8,100 of which was on account and still outstanding at year-end. the remaining $21,900 was received in cash from customers. the company incurred operating expenses of $18,600. of these expenses, $12,880 were paid in cash; $5,720 was still owed on account at year-end. in addition, sunland prepaid $3,270 for insurance coverage that would not be used until the second year of operations. (a) calculate the first year's net earnings under the cash basis of accounting, and the first year's net earnings under the accrual basis of accounting.
Answers: 2
A firm in a perfectly competitive industry is producing 1000 units of output and earning revenues of...
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