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3 years ago

At the profit-maximizing level of output

Business

1 answer:

tensa zangetsu [6.8K]3 years ago

5 0

Answer:

The correct answer is letter "C": marginal revenue equals marginal cost.

Explanation:

The profit-maximizing level of output for every type of firm is reached when the marginal revenue of production equals the marginal cost meaning that the additional cost of selling one more unit equals the cost of producing one more unit.

Marginal costs vary according to changes in production. Because of that, managers must identify when those events happen to calculate the profit margin (percentage sales that are converted into profits) of the firm to avoid losses.

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Kingston Company purchased a piece of equipment on January 1, 2015. The equipment cost $200,000 and had an estimated life of 8 y

DaniilM [7]

Answer:

Annual depreciation= $32,812.5

Explanation:

Giving the following information:

The equipment cost $200,000 and had an estimated life of 8 years and a salvage value of $25,000.

To calculate the annual depreciation expense, we need to use the following formula:

Annual depreciation= 2*[(book value)/estimated life (years)]

2015:

Annual depreciation= 2*[(200,000 - 25,000) / 8]

Annual depreciation= $43,750

2016:

Annual depreciation= 2*[(175,000 - 43,750) / 8]

Annual depreciation= $32,812.5

3 0

3 years ago

The income statement is reconstructed on a cash basis from top to bottom when the ________ method is used to prepare the operati

Elodia [21]

Answer:

Direct method

Explanation:

There are three types of activities in the cash flow statement under the direct method

1. Operating activities: It records those transactions which are related to the cash receipts and cash payments.

Like:

Cash flow from Operating activities

Collections from customers

Less: Cash paid to suppliers and employees

Less: Interest and taxes paid

Net Cash flow from Operating activities

2. Investing activities: It records those activities which include purchase and sale of the long term assets

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.

4 0

3 years ago

When you encounter an organization where employees are quite intense, focused, and determined to win, you have encountered an or

vlada-n [284]

Answer: When you encounter an organization where employees are quite intense, focused, and determined to win, you have encountered an organization with a(n) Mercenary culture.

Explanation:

Mercenary is one who always works for money not for achieving any organizational goal. Mercenary culture is one in which employees have the same thinking. Employees are not friends with each other. It is the culture in which everyone thinks of his benefit. People are more determined to win even if they have to sacrifice their ethics.

So this type of culture is not very successful in the long run. Because everybody works for his or her advantage. For an organization to be successful everyone has to work together keeping in mind the benefit of other employees also.

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2 years ago

Bessie started a smell busiess with her brother . After a year, they made a good profit. they than shared the profit equally as

ratelena [41]

Answer:

sorry

Explanation:

there is no answer

7 0

2 years ago

What is the most important thing about meeting new contacts

Dahasolnce [82]

I think A. Because I think it is very important to meet new people and getting to know them.

8 0

3 years ago

Read 2 more answers