A monopolist maximizes profits at the output at which marginal revenue equals marginal cost.
<h3>Who is a monopolist?</h3>
It should be noted that a monopolist simply means an individual that controls the sale of a particular good in the market.
In this case, a monopolist maximizes profits at the output at which marginal revenue equals marginal cost.
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Answer:
$340,363.55
Explanation:
you need to calculate the future value of your deposit:
future value = present value x (1 + interest rate)ⁿ
- present value = $12,000
- interest rate = 12% / 365 = 0.032877%
- n = 40 x 365 = 14,600
future value = $12,000 x (1 + 0.032877%)¹⁴⁶⁰⁰ = $1,456,975.20
if the interest is compounded annually, the future value = $12,000 x 1.12⁴⁰ = $1,116,611.65
the difference = $1,456,975.20 - $1,116,611.65 = $340,363.55
Answer:
The correct answer is Option B.
Explanation:
Dividend is simply synonymous to a profit from stockholder's investment (usually in form of shares). Dividend is usually declared when the company that the stockholder invests in is performing well.
On November 15 when the dividend declared was recorded, the following journals would have been recorded:
Debit Retained earnings ($5 x 20,000) $100,000
Credit Dividend payable $100,000
<em>(To record declaration of dividend)</em>
However, when it became payable on November 30, 2018, the dividend payable account has to be debited as follows:
Debit Dividend payable $100,000
Credit Cash $100,000
<em>(To record dividend paid to stockholders)</em>
Answer:
$22750
Explanation:
Calculation for What is Hofnim's net income for the month of September
Hofnim's NET INCOME
Fees Earned 64,000
Less Miscellaneous Expense (19,700)
Less Rent Expense (5,100)
Less Wages Expense (16,450)
NET INCOME $22,750
Therefore the NET INCOME will be $22,750
Answer:
Horizontal Communication Line
Explanation:
Horizontal communication flows as the name implies is form of communication from managers who are on the same level in the organization. This type of trend of communication allows managers to interact with other managers without involving subordinates at the other different levels in the organization.
