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1 year ago

At a profit-maximizing output level, marginal revenue minus:_____

Business

1 answer:

Pani-rosa [81]1 year ago

8 0

At a profit-maximizing output level, marginal revenue minus marginal profit equals zero.

Marginal profit is maximized in which marginal sales equals marginal cost. In this example, maximum income takes place at five devices of output. a superbly competitive company will also find its earnings-maximizing level of output where MR = MC.

To calculate the marginal sales, a agency divides the change in its overall revenue by way of the alternate of its overall output quantity. Marginal sales is identical to the promoting price of a single extra object that become bought. underneath is the marginal revenue system: Marginal revenue = trade in revenue / exchange in quantity.

If a firm can not compete on price and operates at a marginal loss (poor marginal income), it'll ultimately cease manufacturing. profit maximization for a firm occurs, therefore, while it produces as much as a degree where marginal price equals marginal revenue, and the marginal earnings is 0.

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Gems Corp. is a leading jewelry brand that finds it hard to make as much profit as its competitors. In order to overcome this, t

Leni [432]

Answer: B - Internal Analysis

Explanation: Internal Analysis involves a company looking inwards to determine it's competencies, strength, weakness and advantages. Internal anaylsis usually incorporates a SWOT analysis.

A SWOT analysis is the analysis of the strength, weakness, opportunities and threats of the organisation.

An external analysis involves analysing the market place and economy to identify trends and put measures in place to take advantage of current trends to ensure profit maximization.

Competitior anaylsis involves analysising the competitions of an organisation to identify threats and opportunities so as to maximaise profit

Client advantage can arise from building a loyal customer base that always patronise the business or having a company been one of the few producers of a product.

In the case of Gems Corps, they looked inwards and made improvements to how the company is run.

Therefore,Gems Corps made use of Internal Analysis.

I hope my answer helps.

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4 0

3 years ago

Consider a city of 200 people (100 rich and 100 poor) and two neighborhoods (100 people in each). Both groups generally prefer t

Margarita [4]

Answer:give me Brainliest

Explanation:

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2 years ago

Suggett Corporation's net cash provided by operating activities was $34; its income taxes were $12; its capital expenditures wer

yan [13]

Answer: Option (C) is correct.

Explanation:

Given that,

Net cash provided by operating activities = $34

Income taxes = $12

Capital expenditures = $24

Cash dividends = $7

Free Cash Flow = Cash Provided by Operating Activities - Dividends - Capital Expenditure

= $34 - $7 - $24

= $3

Therefore, the company's free cash flow was $3.

3 0

3 years ago

During one pay period, your company distributes $130,500 to employees as net pay. the income tax withholdings were $19,000 and t

zysi [14]

Given:
130,500 net pay to employees
19,000 income tax withholding
5,000 FICA withholding

130,500 + 19,000 + 5,000 + 5,000 = 159,500

The total wages and payroll tax expense to the company for this pay period, excluding any unemployment taxes, is $159,500.

The 5,000 is added twice because the first 5,000 is withheld from the employees salary as the employees share. The employer also has to pay off 5,000 as employer's share to the employee's FICA withholding. Thus, the presence of the 2nd 5,000.

FICA, Federal Insurance Contributions Act, is composed of
1) 6.2 % Social Security tax;
2) 1.45 % Medicare tax (the “regular” Medicare tax); and
3) 0.9 % of a Medicare surtax starting 2013 for employees earning over $200,000.

3 0

3 years ago

Psymon Company, Inc. sells construction equipment. The annual fiscal period ends on December 31. The following adjusted trial ba

Anestetic [448]

Answer:

1. Multi-step income statement Internal Reporting Purposes

Sales Revenue 258,500

Less Sales Returns and Allowances (8,700)

Less Sales Discounts (11,400)

Net Sales 238,400

Less Cost of Goods Sold (138,800)

Gross Profit 99,600

Less Operating Expenses :

Salaries and Wages Expense 23,800

Office Expense 24,800 (48,600)

Operating Income/(loss) 51,000

Less Non- Operating Expenses :

Interest Expenses 3,700

Income Tax Expense 14,190 (17,890)

Net Income/Loss 33,100

2. Multi-step income statement External Reporting Purposes

Net Sales 238,400

Less Cost of Goods Sold (138,800)

Gross Profit 99,600

Less Operating Expenses :

Salaries and Wages Expense 23,800

Office Expense 24,800 (48,600)

Operating Income/(loss) 51,000

Less Non- Operating Expenses :

Interest Expenses 3,700

Income Tax Expense 14,190 (17,890)

Net Income/Loss 33,100

Explanation:

It is important to remember that a multi-step income statement shows separately profit earned from Primary Activities of the firm and that earned from Secondary Activities.

There are no strict rules for preparation of Financial Statements for Internal use and this may include many other line items. However for external reporting proposes, preparers of financial statements have to comply with Accounting Standards (GAAP or IFRS).

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3 years ago