Answer:
Half of the question is missing, so I looked for similar ones and found the attached image.
Explanation:
We must determine James' profit for the summer:
Cash collected $12,800
Receivables $730
total revenue = $13,530
Expenses:
Gas, oil and lubrication $1,080 + $190 = $1,270
Repairs $550
Supplies $230
Salaries $6,000
Payroll taxes $290
Filing taxes services $35
Insurance $245
telephone $270
interest expense $65 (I'll use the information provided in the question)
Depreciation $620
total expenses = $9,575
net income = $13,530 - $9,575 = $3,955
Answer:
a. $16.
Explanation:
the firm offer a price where marginal revenue = marginal cost
We have to solve at which quantity the price is $1.
There, the marginal revenue would match the marginal cost.
1 = 5 - 0.5q
q= (5 -1) /0.5 = 4/0.5 = 8
Now, we solve or the price at which quantity is zero:
p = 5 - 0.5(q) = 5 - 0 = 5
With that we can now solve for the consumer good as the area of the triangle above the marginal cost and below the demand function
(see attached graph)
8 x (5-1) / 2 = 16
Answer:
B. minority domination.
Explanation:
Based on the information provided within the question it can be said that this work team is most likely experiencing minority domination. This term refers to when an individual or minority in a group controls the overall aspects or direction of the group. Which is what happening in this situation since, Patrick is only a small part of the group (minority) but still controls what is said and expressed within the group.
Answer:
= $80,273
Explanation:
Value of the right of use asset = Value of lease liability - cash incentive received + costs incurred for lease
= $82,773 -$ 6,000 + $3,000 + $500
=$80,273
All of these are included in financial literacy