All categories

3 years ago

When average total cost is at its minimum

1 answer:

4 0

D.) Marginal cost is equal to average total cost. (Because when the average total cost is at its minimum, marginal cost is also at its minimum.)

You might be interested in

At the end of its first month of operations, a company reported Revenue of $37,000. It also reported Wages Expense, $6,000; Rent

Alexxx [7]

Net income = Total revenues — Total expenses

8 0

2 years ago

With good internal controls, the person who handles cash can also

Nitella [24]

Answer: None of the above.

Explanation:

The correct answer will be "None of the above." The person who handles cash cannot issue credits to customers on sales returns. This could be because their job function does not include this process.

The person also may not account for cash receipts to customers. They can also not account for cash purposes. This could also be because these processes are not included in the persons job function or duties.

Each job function has a clear set of duties that one can perform. Each business has different jobs for people and this particular one does not allow for the person handling cash to do anything else.

3 0

3 years ago

Which 3 should be entered as individual transactions, with their original dates, rather than entered using the initial journal e

Lerok [7]

a. Check to utility company for $87.26.

d. The three open invoices issued to the hair stylist.

e. Check to the telephone company for $54.19

Telephone expense, Utility expense and Rent Invoices issued to barbers require a new journal entry.

An expense is an item that generally requires an outflow of money or some form of property to another person or group in payment for an item, service, or other category of expense. For tenants, rent is an expense. For students and parents, teaching is a cost.

Expenses are money that costs or must be spent to do something. Most of the marble was imported from Italy at great expense. Vacations with dogs can often come at an additional cost. It wasn't a lot of money, but it helped me pay my bills.

Learn more about expense here

brainly.com/question/25169847

#SPJ4

6 0

2 years ago

A likely outcome of increased self-knowledge is:

Hoochie [10]

Greater understanding of your in tensions by those you lead

6 0

3 years ago

A company has total revenue of $50,000,000, cost of sales of $40,000,000, operating expenses of $5,000,000, and financing costs

bekas [8.4K]

Answer:

$30

Explanation:

Earning per share is calculated dividing Earning for the year excluding preferred dividend by outstanding number of shares.

Formula for EPS is as follow:

Earning Per share = ( Net Income - Preferred Dividend ) / Outstanding Numbers of shares

We need to calculate the net Income, which is calculated as below

Net Income = Revenue - Cost of Goods Sold - Operating Expenses - Financing costs = $50,000,000 - $40,000,000 - $5,000,000 - $2,000,000

Financing costs = $3,000,000

Placing Values in the formula of EPS

EPS = $3,000,000 / 100,000 shares = $30

8 0

3 years ago