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mart [117]
3 years ago
12

Which explains how revenue is determined?

Business
2 answers:
Shtirlitz [24]3 years ago
7 0
The total amount of money that is brought in by sales
GalinKa [24]3 years ago
6 0

Answer:  The correct answer is :  The total amount of money brought in by sales is calculated

Explanation:  The total income is all income that is received by a person or organization from regular commercial activity, be it the sale of products or services. It is the result of multiplying the sale price by the number of units sold.

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Michael Anderson is starting a computer programming business and has deposited an initial investment of $15,000 into the busines
Darina [25.2K]

Answer:

a.increase in assets (Cash) and increase in owner's equity (Michael Anderson, Capital)

Explanation:

we solve this using the accounting equation

Assets = Liabilities + Equity

The cash would represent currency own by the company. That is the definition of assets. Something own by the company that either is cash or can be converted into cash in the future or help to provide an inflow of cash.

Now, as Asset increase by 15,000 the other side must also increase.

The company has no liability against the owner Thus this will be an equity account Which precisely, it represent the capital of the owners.

5 0
3 years ago
The oil price shocks of 20062009: Between 2006 and the middle of 2008, oil prices rose sharplyfrom around $60 to more than $140
dolphi86 [110]

Answer:

A supply shock is an unpredictable incident that changes the supply of a product or a service, subsequent in an unexpected modification in its value. Supply shocks can be undesirable (decreased supply) or optimistic (increased supply)

(a) The two types of shock which are:  

  • Primarily the growth in oil values is a negative supply shock causing from a decline in supply of oil  
  • The reduction in oil charges is a Positive supply shock causing from a growth in supply of oil.

(b) If the charges of oil increases as in case (i) that will push companies’ prices and thus decrease SRAS. The new equilibrium will be established at a inferior level of output and higher charge level. This is reflected in the diagram attached.

In the case (ii), the opposed of this will occur. The SRAS will rise shifting the SRAS rightward and carry about a new equilibrium at upper level of output and lesser prices.

6 0
3 years ago
If you're introducing your boss, Mr. Schott, the company's president, to a visiting sales representative, Ms. West, you would sa
Paraphin [41]
Hi again!

I don't know why but I feel like your questions are funny at the same time.

Anywayz, the correct answer is option C

It shows friendship and trusted. And this is the best way to introduce someone.


I hope this helps!
8 0
3 years ago
Read 2 more answers
Government insurance that provides medical care and income to employees
stiv31 [10]

Answer:

Workmen Compensation

Explanation:

The insurance of government which provides the medical care aid and the income to the employees who get injured at the job is the workers compensation insurance covers .

It is that cost of rehabilitation and medical care for employees  injured at the place of job. It also compensates the employees for lost wages and give death benefits for their dependents.

6 0
3 years ago
Suppose that when the price of peanut butter falls from $2 to $1 per jar, the quantity of jelly purchased rises from 14 million
yan [13]

Answer:

-0.20

Explanation:

Cross price elasticity of demand measures the responsiveness of quantity demanded of good A to changes in price of good B.

If cross price elasticity of demand is positive, it means that the goods are substitute goods.

Substitute goods are goods that can be used in place of another good.

If the cross-price elasticity is negative, it means that the goods are complementary goods.

Complementary goods are goods that are consumed together

Cross Price elasticity of demand = midpoint change in quantity demanded / midpoint change in price  

Midpoint change in quantity demanded = change in quantity demanded / average of both demands

change in quantity demanded = 16 million - 14 million = 2 million

Average = (16 million + 14 million) / 2 = 15 million

2 / 15 = 0.133

midpoint change in price = change in price / average of both price

change in price = 1 - 2 = - 1

average of price =(2 + 1) / 2 = 1.5

-1/1.5 = -0.67

0.1333 / -0.67

7 0
3 years ago
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