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Sonja [21]
3 years ago
13

Last month a company had net sales revenues of $10,000; Cost of goods sold of $4,000; other operating expenses of $3,000; non-op

erating expenses of $1,000; no non-operating revenues, gains or losses; and income taxes of $500. The gross profit was A : $1,500. B : $6,000. C : $3,000. D : $2,000.
Business
1 answer:
Pie3 years ago
6 0

Answer:

The correct answer is B. 6.000

Explanation:

Gross profit only includes Sales Revenues and cost of goods sold. So you have to ignore all others. In this case the solution is given for  Sales Revenues 10.000 -  cost of goods sold 4.000 = Gross profit 6.000. Hope it helps

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Which of the following is true when an economy produces at full employment, but consumers, government, businesses, and the forei
Art [367]

Answer:

When an economy produces at full employment, but consumers, government, there is a recessionary gap - Option B.

Explanation:

According to the Keynesian perspective, firms produce output only if they expect it to sell.

While the availability of the factors of production determines a nation’s potential gross domestic product (GDP), the amount of goods and services actually being sold, known as real GDP depends on how much demand exists across the economy.

Keynes termed a fall in the aggregate demand as a recessionary gap.

A recessionary gap refers to an economy operating at a level below its full-employment equilibrium. Under this condition, the level of real gross domestic product (GDP) is lower than the level of full employment, which puts downward pressure on prices in the long run.

Thus, when an economy produces at full employment, but consumers, government, there is a recessionary gap - Option B.

6 0
3 years ago
The existence of financial middlemen and financial intermediaries increases the efficiency of the financial markets.
zimovet [89]

It is a false statement that the existence of financial middlemen and financial intermediaries increases the efficiency of the financial market

<h3>Who are financial intermediaries?</h3>

This refers to those entities that acts as the middleman between two parties in a financial transaction such as a commercial bank, investment bank, mutual fund, or pension fund. They offer a number of benefits to the average consumer such as safety, liquidity, and economies of scale involved in banking and asset management.

However, It is a false statement that the existence of financial middlemen and financial intermediaries increases the efficiency of the financial market because only the buyers and seller influence an efficiency of the financial market.

Read more about financial intermediaries

brainly.com/question/14748844

#SPJ1

3 0
1 year ago
Preferred stock has a feature that allows it to share with common shareholders in any dividends paid in excess of the percent or
____ [38]

Answer:

Participating

Explanation:

Preferred stock has a feature that allows it to share with common shareholders in any dividends paid in excess of the percent or dollar amount stated on the preferred stock. This feature is called: PARTICIPATING PREFERRED STOCK

This is because Participatory preferred stock gives an extra profit assurance to stockholders. Typically, all preferred stocks have a fixed dividend rate, which is the main benefit.

However, in the event where the issuing company meets specific financial targets, holders of participating stocks will get more dividend payments above the normal fixed rate.

8 0
2 years ago
Marginal revenue for a monopolist is computed as :
ioda

Answer:

d. change in total revenue per one unit change in quantity sold.

Explanation:

A monopolist marginal revenue is change in total revenue per one unit change in quantity sold.

Average revenue is total revenue divided by quantity sold.

A monopolist is a firm that only exists in an industry.

I hope my answer helps you.

6 0
3 years ago
Gap, radio shack, bath and body works, and foot locker are examples of _____. a supermarkets b warehouse clubs c convenience sto
Brut [27]

Answer: Option E

           

Explanation: In simple words, traditional specialty stores refers to the retail stores that offers only one category of product but do provide their customers various options in respect to quality and brands of that one particular product.

For example- stores offering only sports goods, pet supply or jewelries etc. These goods are running in US for decades and are still handling a separate customer base due to the variety they offer and the all time availability of products that they have.

6 0
2 years ago
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