Answer:
A. more information should be gathered before deciding on which project, if either, is desirable.
Explanation:
The lower Payback Period is not sufficient information to decide which project is more profitable. The payback period indicates when in the life of a project the initial investment principal cash flow is achieved.
But to decide about a certain project it is better to know the interest yield, it is also important to get the life of the project and other information.
For example:
a.- 250 investment 100 per year payback in 2.5-year life 3 years
b.- 500 investment 100 per year payback in 5-year life 20 years
While A payback occurs before project B is better
A budget is an estimation of revenue and expenses over a specified future period of time and is utilized by governments, businesses and individuals.
Answer:
b. If Kurstie's itemized deductions exceeded the standard deduction by $200, then $200 of the refund is included in gross income.
Explanation:
Based on the information given we were told that the amount of $3,000 of the state income taxes paid as part of her itemized deductions was deducted Which therefore means that the statements regarding the taxability of Kurstie's refund that is true will be : IF THE ITEMIZED DEDUCTIONS EXCEEDED THE STANDARD DEDUCTION BY $200 the amount of $200 OF THE REFUND will have to be included in the GROSS INCOME .
Answer: Produce less.
Explanation:
Given that,
Price = $65
Marginal revenue = $35
Average total cost = $35
Marginal cost = $50
From the information given, it was observed that marginal revenue is not equal to marginal cost. The profit maximizing condition for a monopolist is at a point where marginal revenue is equal to the marginal cost.
But here marginal cost is greater than the marginal revenue. So, the monopoly firm should produce less output in order to reduce the marginal cost.
