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olya-2409 [2.1K]
10 months ago
13

The difference between total revenue and total cost is

Business
1 answer:
spin [16.1K]10 months ago
4 0
The revenue is defined as the total income a business receives from selling a good or service to its customers. The cost is defined as the total expenses that are incurred in the production of goods or services by any individual or organisation.
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Which type of unethical activity is sometimes caused by channel management?
Svetlanka [38]
<span>Channel management is defined as the type of management that is used in a situation where a company develops various marketing techniques and strategies in order to reach the widest possible customer base. The channels are the means used to market the product. Unethical activity usually caused by channel management is UNFAIR DISCRIMINATION. </span>
5 0
3 years ago
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If an individual investor uses the services of a broker to buy and sell stocks that are currently being traded in the stock mark
sergejj [24]

Answer:

a. False

Explanation:

A "primary transaction" refers to the selling of <em>new stocks and bonds</em> for the first time towards the public. A great example of this is the "Initial Public Offering" <em>(IPO)</em> which allows "public share issuance."

On the other hand, a "secondary transaction" refers to the<em> trading of investors among themselves.</em> There is no involvement of the issuing companies here. So, this means that if an investor uses the services of a broker to buy and sell stocks that are currently being traded in the stock market,<u> the transaction</u><u> doesn't directly involve the issuing compan</u><u>y.</u> This kind of transaction is then called "secondary."

So, this explains the answer.

8 0
3 years ago
Lisa is a single mother who has a full-time job. She has twenty minutes to get to work after dropping her child off at a pre-kin
lesya692 [45]
Program standards !!!
8 0
3 years ago
Read 2 more answers
Yellow Co. spent $12,000,000 during the current year developing its new software package. Of this amount, $4,000,000 was spent b
earnstyle [38]

Answer:

devopment expense                                   4,000,000

software package depreicaiton expense 2,000,000

training employees expense                     <u>      50,000</u>

Total expenses                                            6,050,000

Explanation:

the cost before the knowledge of future benefit will come for the development of the software  is treated as expense. The reasoning behind this is the potential uncertainty about the furture at this time. The company didn't know about the likelihood of future benefits.

The toher 8,000,000 million will be amortize over a 4-year period:

8,000,000 / 4 = 2,000,000 depreciation expense

The training wil be considered expense for the period.

4 0
3 years ago
According to their comparative advantage: a. Wilson should decorate cupcakes and Kendall should decorate cookies. b. Kendall sho
blsea [12.9K]

Answer:

B.

Explanation:

This economic law was recognized by a political economist, David Ricardo in his book, ‘Principles of Political Economy and Taxation’ in 1817.

Comparative advantage refers to the ability of a country to produce particular goods or services at lower opportunity costs as compared to the others in the field.

According to this law, if Kendall is good at decorating cupcakes and Wilson is the best at decorating cookies, then Kendall should decorate cupcakes and Wilson should decorate cookies becuase they can do it with lower costs.

The following are the assumptions of the Ricardian doctrine of comparative advantage:

-There are only two countries, assume A and B.

-Both of them produce the same two commodities, X and Y.

-Labour is the only factor of production.

-The supply of labour is unchanged.

-All labour units are homogeneous.

-Tastes are similar in both countries.

-The labour cost determines the price of the two commodities

-The production of commodities is done under the law of constant costs or returns.

-The two countries trade on the barter system.

-Technological knowledge is unchanged.

-Factors of production are perfectly mobile within each country. However, they are immobile between the two countries.

-Free trade is undertaken between the two countries. Trade barriers and restrictions in the movement of commodities are absent.

-Transport costs are not incurred in carrying trade between the two countries.

-Factors of production are fully employed in both the countries.

-The exchange ratio for the two commodities is the same.

7 0
3 years ago
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