Answer:
$2,000,000
$1,000,000
Explanation:
We know that
Current ratio = Total Current assets ÷ total current liabilities
1.5 = $3,000,000 ÷ total current liabilities
So, the total current liabilities would be
= $2,000,000
And
Quick ratio = Quick assets ÷ total current liabilities
1.0 = Quick assets ÷ $2,000,000
Quick assets = $2,000,000
So, the inventory would be
= Total current assets - quick assets
= $3,000,000 - $2,000,000
= $1,000,0000
Answer:
b) -$700.
Explanation:
The economic profit or loss will be:
economic result = revenue - total cost
<u>Where:</u>
fixed cost + variable cost = total cost
400 + 600 = 1,000
revenue = units x selling price per unit
100 units x $3 = $300
economic result = revenue - total cost = 300 - 1,000 = -700
The company is on the optimal level, marginal revenue = marginal cost at 100 units of output.
But, it is not selling at the correct price. It should sale at a higher price.
Knowledge discovery in databases (KDD), which is the total process of transforming raw data into valuable information, includes data mining as a crucial component.
<h3>What is data mining and how it works explain?</h3>
In order to uncover patterns in company data that may be used to make better decisions, data mining is the application of a number of technologies, methods, and analytical approaches. It combines statistics, artificial intelligence, and machine learning to find patterns, correlations, and anomalies in enormous data sets.
<h3>Why is data mining useful?</h3>
The ability to find hidden patterns for one's own use is made possible by data mining software, which is incredibly helpful to enterprises. Since they are employed in data analysis and forecasting, these patterns help to improve business relationships by increasing the potential of the organization.
Learn more about data mining: brainly.com/question/17092948
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The answer you are looking for is going to the benefit period. hope that helped
