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Mandarinka [93]
3 years ago
15

When the revenue for a business is less than its costs, it is making a profit.

Business
1 answer:
devlian [24]3 years ago
8 0

Answer: false

Explanation:

A firm is making profit when total revenue is greater than total cost.

A firm is making a loss when total revenue is less than total cost.

Profit or loss can either be accounting or economic.

Accounting profit or loss = Total revenue - Explicit cost

Economic profit or loss = Accounting profit or loss - implicit cost.

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Stolen Purses. Sandra and Mary were having lunch at their favorite restaurant. Unfortunately, a thief stole their purses contain
algol [13]

Answer:

Bank will hold Mary accountable supported the deceitful use of the cardboard is $500

Note: Bank can’t make Mary answerable for the complete stolen amount from her ATM, as she conversant the bank at intervals every week when the cardboard was stolen, during these circumstance if the bank is informed about the stolen ATM directly the client is accountable for $50 in losses, whereas if they inform when three days quantity raise to $500 in losses.

3 0
3 years ago
You have been accepted into college. The college guarantees that your tuition will not increase for the four years you attend. T
Rasek [7]

Answer:

$73,254.81

Explanation:

We assume fees paid as annuity (PMT). Now, we have to find Present Value (PV) of annuity

PV = PMT*(1-  1/(1+r)^n) / r

Where PMT = 10000, n = 8 payments, r r = ​4.0%/2 = 2% = 0.02

PV = $10,000 * (1 - 1/(1+0.02)^8) / 0.02

PV = $10,000 *  (1 - 1/1.171659381) / 0.02

PV = $10,000 * 0.146509629 / 0.02

PV = $73254.8145

PV = $73,254.81

$73,254.81 is the money i must deposit today if i intend to make no further deposits and would like to make all the tuition payments from this account.

6 0
3 years ago
You own shares of Somner​ Resources' preferred​ stock, which currently sells for per share and pays annual dividends of ​$ per s
dimulka [17.4K]

Answer:

You should buy more shares

Explanation:

The above-mentioned question is missing few components. I have added them to explain on how the question would be solved if all the variables were provided. Please note the additions in bold text below. The answer of which is given afterwards.

You own 300 shares of Somner​ Resources' preferred​ stock, which currently sells for $39 per share and pays annual dividends of ​$5.50 per share. If the​ market's required yield on similar shares 12% is ​percent, should you sell your shares or buy​ more?

Solution as mentioned below:

First of all we need to calculate value of the preferred stock by dividing the annual dividend per share from the market required rate.

Value of preferred stock = 5.50 / 12%

Value of preferred stock = $45.83

Now given the fact that the current price at which the stocks are sold is $39 which is less than the price at which they are actually valued which is $45.83. You should buy more of the shares as they are currently undervalued.

8 0
3 years ago
Which recommendation would be most suitable for a 40-year old client whose main objective is retirement income and preservation
melisa1 [442]

Answer:

Fixed deferred annuity

Explanation:

Fixed deferred annuity is a form of saving investment where interest is paid on the invested amount at a rate set by the investment company and defined in the contract , and the interest can be deferred into the future till a withdrawal is made from the annuity contract.

Taxes are not paid but deferred until withdrawal which allows the opportunity to  control when to pay taxes , a good investment sense for long term investment.

This makes it a good investment for a risk adverse investor who will not require investment income until later years but its main goal is retirement income and preservation of capital.

5 0
3 years ago
The negative feeling that one should have made another purchase, consumption, or disposition decision than one actually did is r
marta [7]

Post-decision regret corresponds to the negative feeling that an individual should have made a different purchase decision than he actually did.

<h3 /><h3>What causes post-decision regret?</h3>

In a purchase process, the consumer looks for products and services that satisfy their needs. After the purchase is made, regret may arise if the product or service does not satisfy those needs.

Therefore, post-purchase decision regret can be related to a negative perception of the benefits of the product and its quality, for example.

Find out more information about the purchase process here:

brainly.com/question/5295378

6 0
2 years ago
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