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4 years ago

The first item appearing on the statement of retained earnings is what?

Business

1 answer:

WITCHER [35]4 years ago

4 0

The beginning balance of retained earnings

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A firm that sells e-books - books in digital form downloadable from the Internet - sells all e-books relating to do-it-yours

vampirchik [111]

Answer:

Profit maximizing price of the firm = 50 cents

Average total cost of e-book = $10.5

Explanation:

As per the data given in the question,

Maximum annual profit = $35,000

It sells = 15,000 copies

Expense rate = 50 cent

Company must spend = $150,000

Here, Profit maximizing price of the firm = marginal cost (Expense rate)

So, Profit maximizing price of the firm = 50 cents

As per the following formula,

Average total cost = Total cost ÷ Quantity of output

= ((0.5 × 15,000) + $150,000) ÷ 15,000

= $10.5

6 0

3 years ago

What is a hold?

Jlenok [28]

Answer:

The hold is that the $100 won't go in.

Explanation:

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3 years ago

Read 2 more answers

If Pharrell invests his money in stocks and high-yield bonds, which phrase

Dmitriy789 [7]

The phrase that describes his investment strategy is "Risky and Long term investor".

Basically, an investment strategy refers to set of rules, behaviors or procedures which are designed to guide an investor's on the selection of an investment portfolio.

Majority of investors fall between lower risk investor, moderate risk investor and higher risk investor.

The portfolio that he invests in ( stocks and high-yield bonds) is an example of high risk portfolio

In conclusion, the phrase that describes his investment strategy is "<em>Risky and Long term investor</em>"

Read more about investment strategy:

<em>brainly.com/question/1101043</em>

3 0

2 years ago

Which of the following should be subtracted from net income in calculating net cash flow from operating activities using the ind

weqwewe [10]

Answer: increase in inventory

Explanation:

increase in inventory : An increase in a company's inventory shows that the company bought more goods than it has sold. And the buying of additional inventory requires the use of cash, it means there was an additional outflow of cash. An outflow of cash has a negative effect on the company's cash balance.

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3 years ago

According to the World Bank, the 31 wealthiest countries in the world tend to have much lower rates of ________ and much higher

storchak [24]

Answer:

According to the World Bank, the 31 wealthiest countries in the world tend to have much lower rates of Infant Morality and much higher rates of Adult Literacy when compared to the 40 poorest countries.

Explanation:

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3 years ago