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Verizon [17]
4 years ago
8

A normal profit is:______

Business
1 answer:
katen-ka-za [31]4 years ago
4 0

Answer:

b. revenues minus accounting and opportunity costs.

Explanation:

A normal profit occurs when the amount of profit generated by a company in a given period is equal to the amount of its costs, that is, in this situation the company's profit is sufficient to cover its costs and it manages to continue operating in a market in a way competitive, for this reason the normal profit

The opportunity cost refers to normal profit due to the fact that this is the amount that is equal to zero with respect to economic profit, which is what is necessary for the company to operate when considering the investment made.

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McKinnon Enterprises owns a professional ice hockey team, the Rockford Penguins. The company sells season tickets for its upcomi
lesantik [10]

Answer:

$320,000

Explanation:

Since the season starts in January and lasts until June, by April 30 the balance of the deferred revenue (or unearned revenue account) would be =  $960,000 - {($960,000 / 6) x 4} = $960,000 - $640,000 = $320,000

The journal entries should be:

Accumulated tickets until December 31

Dr Cash 960,000

   Cr Deferred (Unearned) revenue 960,000

By April 30th, the adjusting entry should be:

Dr Deferred (Unearned) revenue 640,000

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7 0
3 years ago
Open the pt activity. perform the tasks in the activity instructions and then answer the question.which interfaces in each route
Tomtit [17]
<span>R1: G0/0 and S0/0/0
R2: G0/1 and S0/0/0

R1>enable
R1# show ip int brief
Interface IP-Address OK? Method Status Protocol
GigabitEthernet0/0 192.168.20.1 YES manual up up
GigabitEthernet0/1 192.168.30.1 YES manual administratively down down
Serial0/0/0 209.165.200.225 YES manual up up
Serial0/0/1 unassigned YES unset administratively down down
Vlan1 unassigned YES unset administratively down down

R2>enable
R2#show ip int brief
Interface IP-Address OK? Method Status Protocol
GigabitEthernet0/0 10.1.2.1 YES manual administratively down down
GigabitEthernet0/1 10.1.3.1 YES manual up up
Serial0/0/0 209.165.200.226 YES manual up up
Serial0/0/1 unassigned YES unset administratively down down
Vlan1 unassigned YES unset administratively down down</span>
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Answer:

gaining their respect and trust establishing goals roles and requirements

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Select two answers
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B.) his counselor certification

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