Purchasing agents for merchandises are known as ____

A profit-maximizing firm will not employ an additional unit of a resource if the marginal product of that unit is greater than t

Lubov Fominskaja [6]

Answer:

The Answer is A) True

Explanation:

The marginal cost of production and marginal revenue are economic measures used to determine the amount of output and the price per unit of a product that will maximize profits. A rational company always seeks to optimize its profit, and the relationship between marginal revenue and the marginal cost of production helps to find the point at which this occurs. The point at which marginal revenue equals marginal cost maximizes a company's profit.

Cheers!

4 0

3 years ago

Moss Corp. owns 20% of Dubro Corp.'s preferred stock and 40% of its common stock. Dubro's stock outstanding at December 31, Year

Temka [501]

Answer:

Revenue due to investment in Dubro = $22,000

Explanation:

In the given case, revenue to be recorded will be based on calculation as follows:

Since investment in equity is 40% of total share, equity method will be used.

In such method all income share in equity and preference dividend will form part of income for the current year.

Dividend = $10,000 $\times$ 20% as invested in preference capital.

= $2,000

Share in income = $50,000 $\times$ 40% as invested in equity = $20,000

Note: Dividend will be deducted from net income as net income for equity

Net income - Dividend = $60,000 - $10,000 = $50,000

Thus, net share of income = $2,000 + $20,000 = $22,000

7 0

4 years ago

The Federal Reserve offers banking services to which of the following? Select all that apply. other banks U.S. government foreig

ludmilkaskok [199]

<h3>Answer;</h3>

Other banks
U.S. government
Foreign countries

<h3><u>Explanation;</u></h3>

<em><u>The Federal bank is the central bank in the United States. It acts as a bank for other banks and provides financial services to depository institutions such as banks, credit unions, and savings and loans.</u></em>
This central bank of the united states was created by the congress to provide the country with safer, more flexible and more stable monetary and financial system.
The reserve offers banking services to other banks, U.S. governments, credit unions and also foreign countries.

7 0

3 years ago

Read 2 more answers

The semiconductor business of the California Microtech Corporation qualifies as a component of the entity according to GAAP. The

Mazyrski [523]

Answer:

$1,650,000

Explanation:

Preparation of the lower portion of the 2021 income statement .

2021 Income from continuing operations before income taxes5,800,000

Income tax expense(1,450,000)

($5,800,000 × 25 %)

Income from continuing operations4,350,000

Discontinued operations:

Loss from operations of discontinued component(3,600,000)

Income tax benefit 900,000

(25*3,600,000)

Loss on discontinued operations(2,700,000)

Net income$1,650,000

(4,350,000-2,700,000)

Therefore the the lower portion of the 2021 income statement is $1,650,000

5 0

3 years ago

The balance sheet for Shaver Corporation reported the following: cash, $10,500; short-term investments, $15,500; net accounts re

Eduardwww [97]

Add them up and u will get the answer

4 0

4 years ago

Purchasing agents for merchandises are known as _____.