Net income = revenue - expenses.
The revenue was $100,000 + $19,000 = $119,000
Expenses was $56,000
$119,000 - $56,000 = $63,000
The net income is $63,000.
Answer:
i would say between 1 and 2! you choose
Explanation: when companies have competitors they want to attract as much as they can they do this by lowering prices or having a large selection in stock! For example Gas Stations you would always see two right across from each other they are most likely competing for customers so one can lower prices for gas to attract buyers or just have a new stock of goods!
Buy the car if it is good quality... or if he has enough money
Answer:
Option (A) is correct.
Explanation:
The average fixed cost is determined by dividing the total fixed cost by number of units produced.
Given that,
Fixed cost = $24
The average fixed cost of producing 3 units of output is:
= Total Fixed cost ÷ Number of units produced
= $24 ÷ 3
= 8
Therefore, the average fixed cost of producing 3 units of output is $8.00.
