Answer:
The correct answer would be C) operating at efficient scale.
Explanation:
When the firms have same cost curve in the market , where there is free entry and exit, then the firms in the market must be earning zero economic profit which is when price of good is equal to total average cost of production .
For example if firms in market are profitable, then new firms would want to enter the market and when they do there will be increase in quantity of goods , so the prices and profit would go down . And if the situation was opposite , when firms are not profitable in market , then many firms will exit the market , which will lead to decrease in quantity of goods and increase in prices and profits.
So in the long run equilibrium , all firms would be operating at the efficient scale.
Answer: Scheduling
Explanation: Under the scheduling feature of the google ads, the maker of the ads can predetermine the timings of the ad. This feature helps the makers to target the customers more effectively.
In the given case, the owners of the coffeehouse wants their ad to be shown on weekdays and in day time, Thus, from the above we can conclude that scheduling is the right option for them.
Answer:
Net operating income= 341,000
Explanation:
We need to use the following structure:
Gross profit= sales - cost of goods sold
Net operating income= Gross profit - other expenses (variable and fixed)
<u>Under the absorption costing method, the cost of goods sold incorporates the fixed overhead.</u>
Sales= 980,000
COGS= (116,000 + 266,000)= (382,000)
Gross profit= 598,000
Fixed selling and administrative costs= (116,000)
Variable selling and administrative costs= (141,000)
Net operating income= 341,000
Answer: Net Income
Explanation:
Net Income is the profit made by a company after it has finished paying off all expenses including taxes and interest payments on debt.
Calculating the net income is the main purpose of the Income statement which is where we will see the expenses that the business is incurring and how much sales they are making to get such profits. This net income is then transferred to the Retained Earnings in the balance sheet.
Answer:
Explanation:
The question is incomplete due to missing data. Hence, I formulated the same as shown below to your ease:
Gross Education Revenue = C* N* (1-D)
where, C = Education Cost per attendee,
N = Number of education attendees
D = Education discount rate
So, this formula is to be copied and pasted in cell J5 to J8.