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dangina [55]
3 years ago
14

If a competitive firm is currently producing a level of output at which marginal cost exceeds marginal revenue, then A. the firm

is earning a positive profit. B. average revenue exceeds marginal cost. C. decreasing output would increase the firm's profit. D. All of the above are correct.
Business
1 answer:
MariettaO [177]3 years ago
5 0

Answer:

C. decreasing output would increase the firm's profit.

Explanation:

The marginal concept explain the benefit or the cost that a company or firm gets of produce and additional unit of their product. In this case the marginal costs exceeds the marginal revenue, It means that the actual level of revenue isn't producing the optimum profit that could reach if the company decrease the output, for example

Marginal Cost= $1.20

Marginal revenue =$1

Difference = $1 - $1.20

= -$0.20

It means that the revenue of the firm increase but not at the same level that the marginal cost, that in this case is higher, it means that every additional unit affects negative the profitability of the company.

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if you want to determine the equal annual end of year payments necessary to amortize fully $6,000,10%loan over 4 years​
Oduvanchick [21]

Answer:

$2,400.

Explanation:

  1. $6,000×10%4years
  2. 100
  3. $60×10×4
  4. $600×4
  5. $2,400.
5 0
4 years ago
Jack,an HR manager at an electronics firm,has been informed that he needs to hire twenty technicians immediately.Which of the fo
FromTheMoon [43]

Answer: Radio advertisement

Explanation:

From the question, we are informed that Jack,an HR manager at an electronics firm, has been informed that he needs to hire twenty technicians immediately.

The best method to get quality technicians will be through advertising on radio. Through this method, a larger number of people will be reached and radio advertisement is usually effective.

8 0
4 years ago
What form of pay equity exists when employees are paid according to the differences in job characteristics within the company?
IgorC [24]
I believe the answer is internal form.
Internal pay equity is the equal pay that being made farily according to the positional comparison in the organization.
Internal equity is really important to make sure that your top talents are not feel undervalued by the organization.
8 0
3 years ago
​& Co. owns vast amounts of corporate bonds. Suppose buys of bonds at face value on January​ 2, . The bonds pay interest at
Veronika [31]

Answer:

Bonds held to maturity are recorded at the net carrying value (after any premium or discount amortization is made), but since these bonds were purchased at face value, there is no premium or discount to be amortized. The bonds should be reported at face value as non-current assets since they mature in more than 1 year.

Explanation:

all the numbers are missing, so I looked for a similar question:

Otter Creek & Co. Owns vast amount of corporate bonds. Suppose Otter Creek buys $1,200,000 of RoastCo bonds at face value on January 2, 2016. The RoastCo bond spay interest at an annual rate of 3% on June 30 and December 31, and mature on December 31, 2020. Otter Creek intends to hold the investment until maturity.

How would the bond investment be classified on December​ 31, 2016​, balance​ sheet?

5 0
4 years ago
the fair value of Carley is estimated to be $720,000. The carrying value of Carley’s net identifiable assets, including the good
zhannawk [14.2K]

Answer:

A.$200,000

B.Dr Loss on impairment $30,000

Cr Goodwill $30,000

Explanation:

(a) Computation of the amount of goodwill acquired by Vinson

Purchase price$900,000

Fair value of net assets $700,000

(Fair value of assets $950,000-

Fair value of liabilities $250,000)

Value assigned to goodwill $200,000

($900,000-$700,000)

(b) Preparation of Vinson’s journal entry to record impairment of goodwill.

Based on the information given we were told

the fair value of Carley is the amount of $720,000 while the implied fair value of goodwill is the amount of $170,000 and we were also told that carrying value of Carley’s net assets as well include the goodwill which is the amount of $750,000 which means that their is loss on impairment because the fair value amount is lower than carrying value which means that the journal entry to record impairment of goodwil will be ;

Dr Loss on impairment $30,000

($200,000 − $170,000)

Cr Goodwill $30,000

7 0
3 years ago
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