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3 years ago

What is the formula used to calculate total profit?

1 answer:

8 0

<span>Calculate the total revenue. Add up the cost of all goods. Subtract the cost of goods from the total revenue. Hope this helped. </span>

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A bond had a price of $946.72 at the beginning of the year and a price of $983.73 at the end of the year. The bond's par value i

umka21 [38]

Answer:

it can will be something 11.04%

8 0

3 years ago

Pulaski Plumbing Supply is planning to bring a new type of valve to market and is conducting a break-even analysis. For this ana

vekshin1

Answer:

break-even point (BEP) = 25,000 items

Explanation:

given data

Selling price = $2.50

Fixed costs = $10,000

Variable cost = $2.10

solution

we know that Revenue is sum of Fixed costs and variable costs

so we use here contribution margin method that is

Contribution margin = $ 2.50 - $ 2.10

Contribution margin = $ 0.4

break-even point (BEP) for the valve is here

break-even point (BEP) = fixed cost ÷ Contribution margin ...................1

put here value

break-even point (BEP) = $\frac{10000}{0.4}$

break-even point (BEP) = 25,000 items

4 0

4 years ago

Other things the same, a decrease in the price level makes consumers feela.more wealthy, so the quantity of goods and services d

djyliett [7]

Answer:

<h2>The answer in this case would be option a. or feel more wealthy, so the quantity of goods and services demanded rises. </h2>

Explanation:

As a common consumer psychology,as the price of any good or service decreases,any rational consumer or buyer feels more wealthy compared to before as the purchasing power of the consumers or buyers pertaining to that particular good or services has increased,everything else held constant.
Purchasing power of any good or service is generally reflected by the purchasing or buying capacity of that good or service with the amount of money that a consumer or buyer has at his or her disposal.
As the price of any good or service decreases,it becomes cheaper to the consumer,again everything else considering constant.In other words,it increases the purchasing power or capacity of the consumers or buyers.Therefore,the typical consumer or buyer will prefer or demand more of that particular good or service thereby,increasing its quantity demanded due to a price reduction.

3 0

3 years ago

The corporate charter of Llama Co. authorized the issuance of 14 million, $1 par common shares. During 2021, its first year of o

Gemiola [76]

Answer:

Llama Co.

The amount that Llama should report as Additional Paid -in Capital in its December 31, 2021 balance sheet is:

= $36 million.

Explanation:

a) Data and Analysis:

Authorized capital, 14 million at $1 par common shares

January 1: Issued 5 million at $19 per share:

Debit Cash $95 million

Credit Common Stock $5 million

Credit Paid-in Capital in Excess of Par-Common $90 million

June 3: Purchased 6 million shares of treasury stock at $33 per share:

Debit Treasury Stock $6 million

Debit Paid-in Capital in Excess of Par-Common $192 million

Credit Cash $198 million

December 28: Sold the 6 million shares of treasury stock at $24 per share:

Debit Cash $144 million

Credit Treasury Stock $6 million

Credit Paid-in Capital in Excess of Par-Common $138 million

Summary of Paid-in Capital in Excess of Par-Common Account:

January 1: Cash $90 million (Credit)

June 3: Cash (192 million) (Debit)

Dec. 28: Cash 138 million (Credit)

Dec. 31: Balance $36 million (Credit)

3 0

3 years ago

Suppose Congress approves a proposed "temporary worker" program and American firms find

dybincka [34]

Answer:

The market for lettuce would be impacted in three ways: labor supply would increase, meaning that lettuce producers can now hire more workers for a lower price.

This cheaper labor would likely increase supply, because more producers would try to enter the market to take advantage of the cheap workers.

Finally, the lower labor costs, and the higer supply, would reduce the price of lettuce, meaning that consumers will be able to buy more lettuce for less money.

7 0

4 years ago