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1 year ago

Profit-maximizing firms enter a competitive market when existing firms in that market have.

1 answer:

6 0

Answer:Profit-maximizing firms enter a competitive market when, for existing firms in that market, total revenue exceeds fixed costs.

Explanation:

that is what i think sorry if im not right

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Listed below are transactions that might be reported as investing and/or financing activities on a statement of cash flows. Poss

andrew-mc [135]

Answer:

Investing Activities refer to cashflow activities that have to do with Fixed assets as well as the ownership of the securities of other companies.

Financing Activities refer to cashflow activities that have to do with how the company sources funds for the company so this includes Equity related activities and long term liabilities.

1. Sale of land. +I

2. Issuance of common stock for cash. +F

3. Purchase of treasury stock. -F

4. Conversion of bonds payable to common stock. N

5. Lease of equipment. N

6. Sale of patent. +I

7. Acquisition of building for cash. -I

8. Issuance of common stock for land. N

9. Collection of note receivable (principal amount). +I

10. Issuance of bonds. +F

11. Issuance of stock dividend. X

12. Payment of property dividend. X

13. Payment of cash dividends. -F

14. Issuance of short-term note payable for cash. +F

15. Issuance of long-term note payable for cash. +F

16. Purchase of marketable securities ("available for sale"). -I

17. Payment of note payable. -F

18. Cash payment for five-year insurance policy. X

19. Sale of equipment. +I

20. Issuance of note payable for equipment. N

21. Acquisition of common stock of another corporation. -I

22. Repayment of long-term debt by issuing common stock. N

23. Payment of semiannual interest on bonds payable. X

24. Retirement of preferred stock. -F

25. Loan to another firm. -I

26. Sale of inventory to customers. X

27. Purchase of marketable securities (cash equivalents). X

6 0

2 years ago

If Jane attends graduate school, it will take her two years, during which time she will earn no income. She will pay a total of

astraxan [27]

Answer:

Her economic cost of attending college would be $175,000 if over the two years she could a total of $53,000.

Explanation:

Economic cost can be defined as the total cost of pursuing an endeavor including the opportunity cost. The opportunity cost is the cost of choosing one alternative over the other. The opportunity cost is usually considered by economists to determine the overall loss or profit one gains from picking one choice over the other. An economic cost is a kind of implicit cost that varies from organization to organization depending on different perspectives. In our case, we need to compare the costs of attending college for two years with the cost of using the same two years working. This can be calculated as shown;

<em>Step 1: Determine Economic cost of attending graduate school</em>

The economic cost for attending college can be expressed as show;

E=T+R+B+O

where;

E=economic cost

T=tuition cost

R=cost for a room and board

B=books cost

O=opportunity cost

In our case;

E=$175,000

T=$100,000

R=$20,000

B=$2,000

O=unknown, to be determined

Replacing;

175,000=100,000+20,000+2,000+O

175,000=122,000+O

O=(175,000-122,000)=$53,000

The opportunity cost for attending college=$53,000. This means that she will sacrifice $53,000 if she decides to attend college.

Her economic cost of attending college would be $175,000 if over the two years she could a total of $53,000.

5 0

3 years ago

The following totals for the month of June were taken from the payroll records of Seminole Company: Salaries, $100,000 FICA taxe

tekilochka [14]

Answer:

Given that,

Salaries = $100,000

FICA taxes withheld = $7,650

Income taxes withheld = $18,000

Federal unemployment taxes = $450

State unemployment taxes = $2,100

Therefore,

Payroll Tax Expense:

= FICA taxes withheld + Federal unemployment taxes + State unemployment taxes

= $7,650 + $450 + $2,100

= $10,200

The journal entry is as follows:

Payroll Tax Expense A/c Dr. $10,200

To FICA taxes withheld $7,650

To Federal unemployment taxes $450

To State unemployment taxes $2,100

(To record accrual of employer’s payroll taxes)

6 0

2 years ago

Rachel is working on a project that technically allows three activities to be done at the same time. if they were to be implemen

tester [92]

This is an example of a people constraint. A constraint is something that holds you back from completing something. In this scenario, there aren't enough people available to complete all of the projects Rachel is wanting to have completed so there is a people restraint with regards to completing activities.

6 0

3 years ago

At the profit-maximizing level of output

tensa zangetsu [6.8K]

Answer:

The correct answer is letter "C": marginal revenue equals marginal cost.

Explanation:

The profit-maximizing level of output for every type of firm is reached when the marginal revenue of production equals the marginal cost meaning that the additional cost of selling one more unit equals the cost of producing one more unit.

Marginal costs vary according to changes in production. Because of that, managers must identify when those events happen to calculate the profit margin (percentage sales that are converted into profits) of the firm to avoid losses.

5 0

3 years ago