In a common-sized income statement, each item is expressed as a percentage of net income. TRUE
Commonplace-size earnings statement is the vertical evaluation of the income statement. A vertical analysis indicates all gadgets as chances and now not in absolute figures which affords a higher assessment. each line object is expressed as a percent determined by the base parent within the declaration.
A not unusual length earnings statement is an earnings declaration wherein each line item is expressed as a percent of the price of revenue or income. it's far used for vertical analysis, in which each line object in a monetary assertion is represented as a percentage of a base figure inside the assertion.
Commonplace length statements are usually expressed in the form of percentages. therefore, such statements are also known as a hundred according to cent statements or factor percent statements as all of the individual items are taken as a percent of 100.
Learn more about common-sized here:
brainly.com/question/13478191
#SPJ4
Answer:
The complete question is given in the explanation box below and the solutions to the problem is shown in the pictures attached herewith accordingly. Thank you.
Explanation:
a. Determine the degrees of freedom for this test.
b. Compute the test statistic.
c. Compute the p-value.
d. What is your conclusion? Let α = .05.
Answer:
research four other examples of inferior goods.
There are many examples of inferior goods. Inferior goods are al those goods whose demand rises in times of economic recession. Some examples are:
Cheap food substitutes like supermarket coffee, instantaneous ramen, or canned vegetables.
Cheap clothes.
Flights in low-cost airlines.
Consider the impact of economic recessions and expansions on normal goods.
Economic recessions impact normal goods negatively because people have less income to spend, and they opt to substitute the normal goods for inferior goods.
discuss how revenues of inferior goods producers are expected to be affected by economic recessions and expansions.
In economic recessions, revenues for producers of inferior goods are expected to rise because demand for inferior goods grows. However, because inferior goods are precisely cheaper, this does not necessarily mean that every inferior good producer will make a lot of money.
In economic expansions, revenues for producers of inferior goods will fall, because people, with more income, will flock to normal goods or even luxury goods.
Answer:
The correct answer is $6934.48.
Explanation:
According to the scenario, the given data are as follows:
Time period ( 41 - 64 years) (n)= 24 years
Rate of interest (r) = 8%
Future value (FV) = $500,000
Annual deposit amount = P
So, we can calculate the annual deposit amount by using following formula:
FV = P × (1+r) × [{ (1+r)^n - 1} ÷ r]
By putting the value, we get
$500,000 = P × ( 1 + 0.08) [{ (1+0.08)^24 - 1} ÷ 0.08]
$500,000 = P × ( 1.08) [{ (1.08)^24 - 1} ÷ 0.08]
$500,000 = P × ( 1.08) [{ 6.34118073724 - 1} ÷ 0.08]
$500,000 = P (72.1035)
P = $500,000 ÷ 72.1035
P = 6934.48
At a price of $10, the marginal revenue of a monopolist is $6. if the marginal cost of production is $8, the monopolist should keep the price at same level in order to maximize profits.
For increasing the profits the monopolist should increase the marginal revenue to $8 so that the mr =mc.
Every firm follows the rule of profit maximization. In this rule marginal cost is equal to the marginal revenue and the MR intersects the MC curve the profit will be the maximum at this level.
The marginal cost of production and marginal revenue are the economic measures which are used to determine the amount of output and the price per unit of a product that will maximize profits.
To know more about marginal revenue here:
brainly.com/question/13383966
#SPJ4
