Answer:
Company X:
Sales :
= Gross Profit + Cost of goods sold
= 245 + 330
= $575
Operating expenses:
= Gross profit - Net income
= 245 - 30
= $215
Company Y
Gross profit:
= Sales - Cost of goods sold
= 1,270 - 790
= $480
Net income:
= Gross profit - Operating expenses
= 480 - 525
= $(45)
Company Z
Operating expenses :
= Gross profit - Net income
= 525 - (-20)
= 525 + 20
= $545
Cost of goods sold:
= Sales - Gross profit
= 970 - 525
= $445
We might expect revenue will rise given that Phoenix is a large city.
<h3>What is a revenue?</h3>
This refers to the income generated from normal business operations which are calculated by average sales price * the number of units sold
Because Phoenix Suns decide to increase their ticket prices for next season, then, we might expect revenue will rise given that Phoenix is a large city.
Therefore, the Option B is correct.
Read more about revenue
<em>brainly.com/question/4618859</em>
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The right answer is keep social exchanges proactive and with intent.
What are Social exchanges ?
- Social exchange Proposition proposes that social behavior is the result of an exchange process.
- The reason for this exchange is to increase benefits and less costs.
- According to this proposition, people weigh the implicit benefits and pitfalls of their social connections. When the pitfalls overweigh the prices, they will terminate or abandon the relationship.
Most connections are made up of a certain quantum of give- and- take, but this doesn't mean that they're always equal.
Social exchange suggests that it's the valuing of the benefits and costs of each relationship that determine whether or not we choose to continue a social association.
Melina manages a platoon that's all remote. She wants to unite with her platoon to design and make a culture when working. So the suggestion to her and her team is to keep social exchanges proactive and with intent.
Learn more about Social exchanges here:
brainly.com/question/5660582
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Answer:
TR decreases if Demand is Elastic, TR increases if Demand is Inelastic
Explanation:
Price Elasticity of Demand is the responsive change in price, due to change in price. Elastic demand means demand responds more to price change, Inelastic demand means demand responds less to price change. Total Revenue is the total receipt value from sales = Price x Quantity
- If demand is elastic : price & total revenue are inversely related - price increase, demand decrease & price decrease, demand increase.
- If demand is inelastic : price & total revenue are directly related - price increase, demand increase & price decrease, demand increase
So, If a company increases its sale price per unit of a product :
- Total Revenue would increase as a result of price rise, if demand is Inelastic
- Total Revenue would decrease as a result of price rise, if demand is Elastic
