1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Marrrta [24]
2 years ago
10

A farmer sells wheat at a price of $5 per bushel. If the farmer sells 100 bushels, his total revenue is ________ and his average

revenue is __________.it cannot change its quantity of output. a.$50; $5 b.$500; $5 c.$500; $50 d.$5,000; $500
Business
1 answer:
MissTica2 years ago
8 0

A farmer sells wheat at a price of $5 per bushel. If the farmer sells 100 bushels, his total revenue is $500 and his average revenue is $5 .it cannot change its quantity of output.

Revenue, which is determined by multiplying the average sales price by the quantity of units sold, is the money made from regular business operations. The top line (or gross income) figure is what is used to calculate net income by deducting costs. Sales are another name for revenue in the income statement.

The amount made per unit of output is referred to as average revenue. In other words, it is the money the seller makes from each commodity unit that is sold. Divide the entire revenue by the total output to get the average revenue for a company.

Learn more about Revenue here  brainly.com/question/16232387

#SPJ4

You might be interested in
Why might a bank offer to make a loan to a customer at a low initial rate that will increase after a set period of time?
erica [24]
To make the loan look more attractive and competitive now
3 0
3 years ago
Read 2 more answers
All businesses encounter difficulties and must deliver bad news. Bad news can be disappointing, irritating, and even maddening t
Stella [2.4K]

Answer:

The correct option is A

Explanation:

In order to reduce the bad feelings which are linked with the negative messages, one must make sure that the receiver knows the reason for the rejection and feels the news was sensitive and also believes that the matter was handled carefully and fairly.

A negative message which is insincere could be irritating, maddening and frustrating to the receiver. So, the message should not lead the reader to trust or believe.

5 0
2 years ago
Jimmy is an employee of Roofing, Inc., which is performing a contract for the federal government. Jimmy learns that Roofing, Inc
Bas_tet [7]

Answer:

An exception based on public policy.

Explanation:

Employment at will according to the United States is a doctrine that permits the employer and employee to work together in an indefinite period of time, whereas they are able to terminate their contract with any necessary fair clause.

In many counties around the world, employers always look for reasons to terminate or stop their employees from working, whereas an exception based on public policy negate this doctrine.

6 0
2 years ago
A journal entry for a​ $210 payment to purchase office supplies was erroneously recorded as a debit to Office Supplies for​ $550
Ludmilka [50]

Answer:

The sum of the debits will exceed the sum of the credits by $340. (None of the options given).

Explanation:

The right posting on the payment of $210 for the purchase office supplies would be;

Debit office supplies account $210

Credit Cash account $210

However since the debit to office supplies was $550 which is 340 (i.e $550 - $210) more than what the amount to have been posted is, it means that the sum of the debits will exceed the sum of the credits by $340.

3 0
2 years ago
The income statement for Splish Traveler Company shows cost of goods sold $307,000 and operating expenses (exclusive of deprecia
enyata [817]

Answer:

a. $349,700

b. $209,900

Explanation:

The computation is shown below:

Before computing the cash payment made to supplier first we have to find out the purchase amount which is shown below:

(a) Change in Finished goods + purchase = Cost of goods sold

-$25,800 + purchases = $307,000

So, the purchase is $332,800

Now

Cash paid to supplier is

= $332,800 + $16,900

= $349,700

And,

(b) Cash paid for operating expenses is

= $229,000 - $8,000 - $11,100

= $209,900

5 0
3 years ago
Other questions:
  • Which of the following is the most important factor in successful new-product introduction? Group of answer choices ​The new pro
    5·2 answers
  • Duke is a particularly highly skilled negotiator. the law firm that hires duke is able to collect twice as much revenue per hour
    8·1 answer
  • Suppose that there are two industries, A and B. There are five firms in industry A with sales at $5 million, $2 million, $1 mill
    13·1 answer
  • How can optimism help you as an entrepreneur?
    5·2 answers
  • Geneva Company manufactures dolls that are sold to various customers. The company works at full capacity for half the year to me
    7·2 answers
  • I am 16 1/2, I live in southern California and want to get a job in the summer is there any way to go about that?
    12·2 answers
  • We strive to make all of our customers feel satisfied with their video game purchases, so we invite you to exchange "Gods of Par
    10·2 answers
  • Consider each of the transactions below. All of the expenditures were made in cash.
    7·1 answer
  • The following is a December 31, 2021, post-closing trial balance for Almway Corporation.
    7·1 answer
  • Ngành quản trị kinh doanh chỉ cần thiết cho lĩnh vực kinh doanh
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!