I believe the answer is D.
For the initial purchase, Geraldine already has the gain of
$40,000 - $20,000 = $20,000
Because he succcesfully bought the land below the market value.
After the sale, the total gain would be
$20,000 + ($45,000 - $20,000)
$20,000 + $ 25,000
= $45,000
<span>sales volume=(fixed cost+target profit)/benefaction per unit
=(100,000+20,000)/(100-20)
=(120,000/80)
=1500</span>
I believe the answer would be $110,000; $50,000
Answer:
The correct answer is letter "C": services usually are labor-intensive.
Explanation:
A labor-intensive industry requires large amounts of human labor to make its goods or services. In labor-intensive industries, labor costs are more important than capital costs. Technological advances have rendered fewer industries labor-intensive but many remain including <em>hospitality, agriculture, </em>and <em>mining industries</em>.