Business, 15.02.2021 22:20 jraghubir50
You start your own business on 1/1/2019. During the year 2019, your sales revenues are $200,000. You pay your assistant $50,000 and pay $20,000 for materials and utilities. You work in your own business, but in your next best alternative you could earn an annual labor income of $40,000. [You do not own any capital equipment or other resources. -- do not worry about depreciation or any costs associated with capital in this question.] Your economic profit for 2019 is
Answers: 1
Business, 21.06.2019 19:20
Which of the following accurately describes a surplus? a. consumer demand for a certain car is below the number of cars that are produced. b. the production costs for a certain car are below the sale price of that car. c. a reduction in the cost of steel enables a car company to reduce the sale price of its cars. d. a car company tries to charge too high a price for a car and has to reduce the price. 2b2t
Answers: 1
Business, 22.06.2019 05:30
Identify the three components of a family's culture and provide one example from your own experience
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Business, 22.06.2019 13:10
Lin corporation has a single product whose selling price is $136 per unit and whose variable expense is $68 per unit. the company’s monthly fixed expense is $32,400. required: 1. calculate the unit sales needed to attain a target profit of $5,000. (do not round intermediate calculations.) 2. calculate the dollar sales needed to attain a target profit of $8,400.
Answers: 3
Business, 22.06.2019 15:20
Abank has $132,000 in excess reserves and the required reserve ratio is 11 percent. this means the bank could have in checkable deposit liabilities and in (total) reserves.
Answers: 3
You start your own business on 1/1/2019. During the year 2019, your sales revenues are $200,000. You...
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