Answer:
<em>The difference between </em><em><u>simple</u></em><em> interest and compound interest is that the amount of compound interest earned gets (bigger or smaller) </em><em><u>bigger</u></em><em> every year.</em>
________________________________
<em>What</em><em> </em><em>is </em><em>simple</em><em> </em><em>interest?</em>
<em>Simple interest. Money paid only on principal, or money borrowed or invested.</em>
<em>What</em><em> </em><em>is </em><em>compound </em><em>interest?</em>
<em>T</em><em>he </em><em>interest </em><em>which </em><em>is </em><em>a</em><em>dded </em><em>to </em><em>the </em><em>initial </em><em>investment</em><em>,</em><em> </em><em>so that this will gain interest in subsequent time periods.</em>
Answer:
James's price is $4 less than if the firm is a monopoly. A further explanation is given below.
Explanation:
Marginal income should have been equivalent to the marginal cost expenses as there was a Monopoly. The marginal price is calculated at 8 dollars. That being said, marginal income is declining.
- It costs $15 for maybe the first unit,
- $13 for its second unit,
- $11 for the third unit,
- $9 only for the fourth unit,
- $7 for the fifth unit.
When making the 4th unit, no marginal income as well as marginal cost becomes nearest. It, therefore, means that, as it generates 4 units, the Monopoly price would have been $12. Whether it is a reasonably open market, the cost should always be equivalent to marginal revenue, meaning $8 would be the price.
Answer:
c. the cash flows from investing activities section.
Explanation:
Basically there are three types of activities:
1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.
2. Investing activities: It records those activities which include purchase and sale of the fixed assets
3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.
Answer:
$100,000
Explanation:
The computation of gross profit is shown below:-
Gross profit = (Sales revenue - Sales return - Sales discount) - Cost of goods sold
= ($350,000 - $50,000 - $20,000) - $180,000
= $280,000 - $180,000
= $100,000
Therefore we simply applied the above formula for determining the gross profit
Answer:
$87,200
Explanation:
The computation of the total amount of merchandise purchase is shown below:
As we know that
Cost of goods sold = Beginning merchandise inventory + purchase of merchandise - ending merchandise inventory
$69,400 = $11,600 + purchase of merchandise - $29,400
$69,400 = -$17,800 + purchase of merchandise
So, purchase value of merchandise is
= $69,400 + $17,800
= $87,200
