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3 years ago

Economic profit can be derived from calculating total revenues minus all of the firm's costs

Business

1 answer:

Mice21 [21]3 years ago

6 0

Answer:

Economic profit can be derived from calculating total revenues minus all of the firm's costs, Economic profit can be derived from calculating total revenues minus all of the firm's costs, including its opportunity costs. are two stark realities any business firm must recognize.

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A recession tends to cause the federal budget deficit to ________ because tax revenues ________ and government spending on trans

AveGali [126]

Answer:

b) increase; fall; rises

Explanation:

Federal budget comes from tax revenues and was drained by transfer payments.

In a recession, firms go out of businesses and people don't spend much. There will be less tax on goods and firms' profits. On the other hand, more people become unemployed and become entitled to receiving transfer payments.

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3 years ago

Taking a self-assessment test is a good way to learn about your self and careers that are suitable for you

Anit [1.1K]

Yeah good point ........

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3 years ago

Manuel, an it manager, has been studying the actions that his workers perform in an attempt to improve their productivity. Manue

lora16 [44]

Manuel, an it manager, has been studying the actions that his workers perform in an attempt to improve their productivity Mateo is utilizing. In economics, productivity quantifies output per unit of input, such as labor, capital, or any other resource. For the economy, it is frequently computed as a ratio of GDP to hours worked.

workers productivity can be broken down further by industry to study trends in labor growth, salary levels, and technology advancement. Productivity increase is directly related to corporate earnings and shareholder returns. Productivity is a measure of the efficiency of a company's production process at the corporate level.

To learn more about Productivity, click here.

brainly.com/question/22852400

#SPJ4

6 0

1 year ago

An invoice, with payment terms of 6/10, n/30, was issued on april 28 for $230.00. if the payment was made on may 12, the amount

meriva

The amount of the payment on May 12 will be the full amount of $230.00

6/10 n/30 means a 6% discount if paid within 10 days and the net amount is due within 30 days. Since the payment was made after 10 days there would be no discount, just the full amount due.

6 0

3 years ago

On November 1, Vacation Destinations borrows $1.57 million and issues a six-month, 9% note payable. Interest is payable at matur

Keith_Richards [23]

Answer:

(a) To Record the issuance of the note

Debit Cash $1.57 million

Credit Notes payable $1.57 million

(To record notes payable issuance)

(b) Adjusting entry for interest expense at December 31:

Debit Interest expense $23,550

Credit Interest payable $23,550

(To record interest expense on notes payable as at Dec 31)

Explanation:

Note payable is a promissory note with a written promise made by the borrower to the lender (payee) to pay a certain, definite sum at a specified date.

Interest expense on the notes is calculated as: Principal x Interest Rate x Time

In this case, the total interest expense is $1.57 million x 9%/12 x 6 months = $70,650.

Total interest expense to the Company as at December 31 is therefore $70,650 / 6 months x 2 months = $23,550.

3 0

3 years ago