Answer:
The correct answer is increase; increase or decrease.
Explanation:
In a situation where there is a saturation of demand compared to the decrease in supply caused by issues other than the market, it is most likely that in the next season a larger quantity will begin to be produced as would have happened when the cubs won the series. worldwide, but this does not guarantee that the offer will respond in the same way as when that situation arose. An adverse situation is not predictable within sales expectations.
Answer: $465,000
Explanation:
To calculate the Taxable income we would have to adjust the figure for dividends received as well as interest.
Now, 50% of dividends received are taxable so let's adjust for that first,
= 20,000 * 0.5
= $10,000
$10,000 of dividends are taxable.
To calculate the Taxable income we have to use the following formula,
Taxable income = Income after operating Costs - Interest Charges + Taxable dividends
= 495,000 - 40,000 + 10,000
= $465,000
That Taxable income is therefore $465,000
Note: The dividends paid are not included here because they are taxable and already included in the Taxable operating income so including it again would amount to Double Counting.
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Question:
Please see the Demand and Cost information reproduced in the attached table
Answer:
The correct choice is A)
Profit if maximized where price is equal to $20.
At this price, MR = MC.
Please see the attached PDF.
Explanation:
The profit-maximizing choice for the monopoly will be to produce at the quantity where marginal revenue is equal to marginal cost:
That is, the point where MR = MC.
If the monopoly produces a lower quantity, then MR > MC at those levels of output, and the firm can make higher profits by expanding output.
Cheers!
Answer:
$305,000
Explanation:
Net income is the amount of money available to a company after the deduction of expenses from revenue. It is calculated as;
Net income = Revenues - Expenses
Given that;
Revenues = $630,000
Expenses = $325,000
Net income = $630,000 - $325,000
Net income = $305,000
Therefore the net income reported by Blue Spruce Corp. For the year is $305,000