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labwork [276]
2 years ago
7

In the _________, the perfectly competitive firm will seek out ________________________.

Business
1 answer:
Kobotan [32]2 years ago
4 0

short run; the quantity of output where profits are highest

<h3>What is a firm?</h3>

A firm is a for-profit enterprise that typically takes the form of a partnership and offers professional services like accounting or legal counsel. According to the philosophy of the firm, businesses exist to maximise profits.

To learn more refer;

brainly.com/question/78672

#SPJ9

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Alpha Co. has cost of goods sold of $77 million, net income of $9.6 million, sales of $120 million, and total assets of $150 mil
Sliva [168]

Answer:

64.17% and 8%

Explanation:

The computation of the percentage is shown below:

For the cost of goods sold, the percentage would be

= (Cost of goods sold ÷ Sales) × 100

= ($77 million ÷ $120 million) × 100

= 64.17%

For the net income, the percentage would be

= (Net income ÷ Sales) × 100

= ($9.6 ÷ $120 million) × 100

= 8%

Simply we put the sales in denominator side and costs of goods sold or net income in numerator side

5 0
3 years ago
A machine costing $251,800 was purchased May 1. The machine should be obsolete after three years and, therefore, no longer usefu
e-lub [12.9K]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

A machine costing $251,800 was purchased May 1. The machine should be obsolete after three years and, therefore, no longer useful to the company. The estimated salvage value is $3,400.

A) Straight-line:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (251,800 - 3,400)/3= $82,800

B) Double declining balance:

Annual depreciation= 2*[(original cost - residual value)/estimated life (years)]

Year 1= (248,400/3)*2= 165,600

Year 2= 55,200

Year 3= 18,400

5 0
3 years ago
High income countries with larger governments as a share of gdp have generally
Scorpion4ik [409]

Answer: High income countries with larger governments as a share of GDP have generally grown at a slower rate than the countries with smaller governments.

Explanation: Developing countries or countries with less money typically grow at a faster rate than higher income countries because returns related to capital are not as strong. In richer countries, they have higher capital and tend to grow at a slower rate.

5 0
3 years ago
uppose that Jack and Sophia and Hal enter into an agreement for the sale of the business without the non-competition agreement.
VladimirAG [237]
Jack up truck bought it to the safe do what you want
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3 years ago
A roofing company would like to implement a new method for giving estimates. The owner has narrowed his choice to three differen
galben [10]

The estimators are the blocks in this study

Explanation:

An estimator is a law in statistics for estimating a calculation based on observed figures for a given amount, thereby differentiating the definition, the quantity of value and its consequence. There are estimators for point and time.

To order to measure the time, energy, equipment and function necessary to produce a commodity, constructing a building or provide a service, cost estimators must gather and analyse data. They typically work on a particular company or industry.

It can either be finite-dimensional (parametric and semi-parametric) or infinite-sized (semi-parametric / non-parametric).

3 0
3 years ago
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