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3 years ago

The point of maximum profit is the point at which the marginal cost equals the-

Business

1 answer:

Umnica [9.8K]3 years ago

4 0

Correct answer:

<h2>A. Marginal revenue.</h2><h2>Explanation:</h2>

Maximizing Gains. Statisticians show us that a corporation can maximize its value by delivering at the level where marginal revenue equals marginal cost. As long as marginal revenue is higher than the marginal value, it returns to generate further. Each computed unit sold will attach further to revenue than to costs.

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Closing entries and a post-closing trial balance are steps in the accounting cycle that occur

Hitman42 [59]

Explanation:

$\sin( \cos( \tan( \cot( \sec( \csc( \alpha \beta \gamma e\pi \infty ln( log( log_{ log_{\% \binom{ \\ }{?} }(?) }(?) ) ) ) ) ) ) ) )$

6 0

2 years ago

P Company sold merchandise costing $240,000 to S Company (90% owned) for $300,000. At the end of the current year, one-third of

Ganezh [65]

Answer:

Inter-company profit eliminated = $12,000

Explanation:

Given:

Value of inventory = $300,000

Cost of inventory = $240,000

Computation of Profit recognized on sale profit

Profit recognized on sale = Value of inventory - Cost of inventory

Profit recognized on sale = $300,000 - $240,000

Profit recognized on sale = $60,000

Computation of Profit margin:

Profit margin = [60000/300000]×100 = 20%

Profit margin = 20% = 0.20

Computation of closing Inventory :

Closing Inventory = $300,000 (1/3)

Closing Inventory = $100,000

Profit during the year = $ 92,000

Value of inventory = $100,000 (1-0.20)= $80,000

Inter-company profit eliminated= $92,000 - $80,000 = $12,000

5 0

3 years ago

The White Company’s accounting system consists of a general journal, a cash receipts journal, a cash disbursements journal, a sa

yanalaym [24]

Explanation:

The following transactions should be presented on a respective journals i.e

(1) Purchased merchandise on account = Purchase journal

As the purchase of merchandise is took place that is debited the merchandise inventory account and credited the account payable account

(2) Collected an account receivable = Cash journal as the cash is received

(3) Recorded depreciation expenses = General journal as it records the adjusting entries, or errors made in accounting, etc

7 0

3 years ago

If a check correctly written and paid by the bank for $646 is incorrectly recorded on the company's books for $664, the appropri

sergeinik [125]

Answer:

See below

Explanation:

Bank reconciliation occurs basically when there is a difference between the bank statement balance and cash. With regards to the above, the error should be treated thus in the bank reconciliation.

Since the check written and paid by the bank is $646, while it is written in the company's book as $664 , then a book balance of $18 is added which is the difference between $664 and $646

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3 years ago

In the short run, an unexpected increase in prices will:.

satela [25.4K]

Answer:

will improve the profit margins of firms and thereby induce them to expand output in the short run.

6 0

2 years ago