Answer:
correct option is a. $11,750
Explanation:
given data
Revenue recognized = $19,000
Accounts receivable = 3,000
Expenses incurred = 7,250
Accounts payable = 750
Supplies purchased = 1,800
solution
we get here net income that is express as here
Net Income = Revenue recognized - Expenses incurred .........................1
put here value and we will get net income
Net Income = $19000 - $7250
Net Income = $11750
so here correct option is a. $11,750
Well it is a graph or diagram that can show a lot of information and It may convey a point better then just a piece of writing
Answer:
Option (A) is correct.
Explanation:
Following will be the definitions :
Efficiency = (Actual output ÷ Effective capacity) × 100
Utilization = (Actual output ÷ Design capacity) × 100
Therefore,
Efficiency of the system:
= (950 ÷ 1050) × 100
= 90.47% ( 90.5% rounded to one decimal point)
Utilization
:
= (950 ÷ 1,200) × 100
= 79.16% ( 79.2% rounded to one decimal point)
Answer:
The best thing is to gather information and conduct predictions about the future.
Explanation:
If there is a significant amount of job going out for bids, it is advisable to conduct extensive research and market survey on the type and specifications of the job. This will enable the bidder the gather enough information about the job and also make necessary plans in form of predictions and other necessary arrangement for the future.
Answer:
1. a. $75,000
b. $90,000
c. A. Both firms advertise.
Explanation:
1. a. Tumbleweed profits when both advertise.
When both advertise they get an increased revenue of $15,000 however they will pay $20,000 for adverts which means they will have a net gain from advertising of -$5,000.
Tumbleweed profits = Amount when non advertises + Gain from advertising
= 80,000 + ( - 5,000)
= $75,000
b. Native Roots profit if both advertise;
= Amount when non advertises + Gain from advertising
= 95,000 + ( 15,000 - 20,000)
= $90,000
2. A. Both firms advertise.
The Nash Equilibrium is the strategy that either of the two plant nurseries will take and not have to worry about the actions of the other nursery because this strategy provides the highest payoff regardless of their competitors actions.
Both firms advertising will be that strategy because if neither advertise, one will then advertise and the other would make losses so will then advertise as well.