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3 years ago

What advice would you give a friend who would like to become an editor in the advertising and

Business

2 answers:

Kobotan [32]3 years ago

5 0

Answer:

um just tell them that to do what they are better

Explanation:

k0ka [10]3 years ago

4 0

Answer:

Tell them to go to school to focus on their English. This will help them a ton when they have to edit a document or article in the promotions industry.

Explanation:

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What is a national budget

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Explanation:

national budget means the budget used by the nation for the development of country.

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3 years ago

Which statement is correct in regard to renting a home?

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The answer is the first one

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Buying a new leather belt for which of these reasons is most likely a sound financial decision?

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3 years ago

Read 2 more answers

A firm in a purely competitive industry has a typical cost structure. The normal rate of profit in the economy is 5 percent. Thi

Nadya [2.5K]

Answer: The answers are given below

Explanation:

a. What is its percentage rate of return?

From the question, we are told that the firm is earning $5.50 on every $50 invested by its founders. The percentage of return will now be:

= $5.50/$50 × 100%

= 0.11 × 100%

= 11%

b. Is the firm earning an economic profit? If so, how large?

The economic profit will be the difference that exists between the percentage of return which is 11% and the normal rate of profit which is 5%. This will be:

= 11% - 5%

= 6%

The firm is earning economic profit of 6%.

c. Will this industry see entry or exit?

There will be entry into the industry. This is because the percentage of return which is 11% is greater than the normal rate of profit which is 5%.

d. What will be the rate of return earned by firms in this industry once the industry reaches long-run equilibrium?

The rate of return earned by firms in this industry once the industry reaches long-run equilibrium will be 5% which is the normal rate of profit in the economy.

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3 years ago

On October 1. Ebony Ernst organized Ernst Consulting, on October 3. the owner contributed $84,310 in assets in exchange for its

LuckyWell [14K]

Answer and Explanation:

The Preparation of the statement of cash flows is shown below:-

Ernst Consulting

Statement of cash flows

For the year ended Oct 31

Particulars Amount

Cash flow from operating activities

Cash paid for salaries -$2,160

($7,350 - $5,190)

Cash paid for rent -$3,910

Paid cash for telephone

expense -$790

Paid cash for miscellaneous

expense -$610

Net cash flow from operating activities -$7,470

Cash flow from investing activities

Purchase of equipment -$18,310

Net cash flow from investing activities -$18,310

Cash flow from financing activities

dividend paid -$2340

Initial investment in Cash $38,320

Net cash flow from financing activities $35,980

Net cash increase/decrease $10,200

Beginning Cash 0

Ending Cash $10,200

Therefore we indicate the minus sign for cash outflow while the positive amount shows cash inflow.

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3 years ago