Answer:
The correct answer is option C.
Explanation:
A monopolistic competitive firm has a downward sloping demand curve. Such a firm is a price maker. It decides price and output through the interaction of the marginal revenue and marginal cost.
The marginal revenue is the change in revenue because of selling an additional output. At high prices, the marginal revenue will be positive while at low prices it will be negative.
Answer:
Amount invested at 5.75% = $30,000
Amount invested at 7.25% = $14,000
Explanation:
Let the amount invested
at 5.75% = X
at 7.25% = Y
According to given condition
X + Y = $44,000 ( Eq 1)
and
0.0575X + 0.0725Y = $2,740 ( Eq 2)
By multiplying ( Eq 1) with 0.0575
0.0575X + 0.0575Y = $2,530 ( Eq 3)
By subtracting ( Eq 3) from ( Eq 2)
0.0725Y - 0.0575Y = $2,740 - $2,530
0.015Y = 210
Y = 210 / 0.015
Y = $14,000
X + $14,000 = $44,000
X = $44,000 - $14,000
X = $30,000
Check:
$30,000 x 5.75% + $14,000 x 7.25% = $2,740
$2,740 = $2,740
It'll help you set your priorities, and your main focus on what you'll be doing or where you'll be going in the near future.
Answer:
-$3,000
Explanation:
Data provided in the given question:-
bonds payable = $10,000
unamortized discount = $2,000
purchased bonds = $11,000
The computation of the consolidated gain or loss on a consolidated income statement for 2018 is given below :-
= (bonds payable - unamortized discount) - purchased bonds
= ($10,000 - $2,000) - $11,000
= $8,000 - $11,000
= -$3,000
Answer:
$315
Explanation:
The before-tax cost of the wood stove would comprise of 100% sales price plus 5% sales tax as hinted.
If 5%=$15=sales tax
before-tax sales price=100% sales price+5% sales tax
before-tax sales price=105%
sales tax of 5%=$15
1%=$15/5
1%=$3
105%=$3*105
105%(before tax sales price)=$315
