The gross increases in retained earnings attributable to business activities are called

The additional benefit of producing one more roast beef sandwich at a local deli is $2. The additional cost of producing one mor

aivan3 [116]

Answer:

The correct answer is D) "producers should not produce one more roast beef sandwich because MC > MB"

Explanation:

Marginal cost (MC) is the additional cost that you provoke when you add an extra unit of goods or services to your company.

Marginal benefit (MB) is the additional benefit that you receive when you add an extra unit of goods or services to your company.

When:

MC > MB (producers shouldn't produce an additional good or service)

MC < MB (Producers should produce an additional good or service)

4 0

3 years ago

Why did the housing market crash in 2008

Komok [63]

Because the banks were down

8 0

3 years ago

Read 2 more answers

Tom knows that the title insurance company made a mistake on his property title. Because of their mistake, his neighbor now has

gayaneshka [121]

Answer:

The correct answer is d. risk aversion.

Explanation:

Risk aversion is an investor's preference for avoiding uncertainty in their financial investments.

Due to this attitude towards risk, this type of individuals directs their investment portfolio to safer financial assets even though they are less profitable.

The phenomenon of risk aversion implies by definition a certain level of risk rejection by a person who invests in financial markets. A person may face a risk aversion situation, be risk neutral or be risk prone.

7 0

4 years ago

Wyatt is paying back a loan with a nominal interest rate of 13. 62%. If the interest is compounded quarterly, how much greater i

lbvjy [14]

Wyatt's effective interest rate would be greater than his nominal interest rate by 0. 71 percentage points.

The nominal interest rate is 13. 62% or 0.1362 that would be given an effective rate of interest as follows:

$R=(1+\frac{i}{m})^{m} -1\\=(1+\frac{0.1362}{4})^{4} -1\\=0.1433$

Here, the value of the effective rate of interest, that is 0.1433 that would be multiplied with 100 to get the percentage value of 14.33%

Hence, the difference between effective and nominal interest rates would be:

$14.33-13.62\\=0.71$

Learn more about the effective and nominal rates of interest here:

brainly.com/question/2787260

6 0

3 years ago

On July 1, Robles Metal Products had a beginning inventory of $505,700. During the quarter, goods costing $290,900 were manufact

irga5000 [103]

Answer:

Instructions are below.

Explanation:

Giving the following information:

beginning inventory= $505,700

Cost of goods manufactured= $290,900

Ending inventory= $485,300

Net sales= $759,200.

To calculate the cost of goods sold, we need to use the following formula:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 505,700 + 290,900 - 485,300

COGS= $311,300

Now, we can determine the gross profit:

Gross profit= net sales - COGS

Gross profit= 759,200 - 311,300

Gross profit= 447,900

7 0

3 years ago