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3 years ago

When price and quantity sold by a firm or multiply the result is called?

Business

1 answer:

Aleks [24]3 years ago

6 0

Total Revenues

The price at which a firm sells one unit of its product is known as Selling Price.

A firm will sell a certain number of units during a given period – day, week, month, year etc.

When we multiply the Selling price and the quantity sold by a firm we get total revenues of a frim for a given period.

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Scottech is examining an investment opportunity that will involve buying $100,000 worth of equipment. They will need $10,000 in

aleksandrvk [35]

Answer:

113,000.

Explanation:

Let go through all the items to see whether we need to include them in the initial outlay or not.

(1) $100,000 worth of equipment => Yes

(2) Shipping will cost $5,000 and installation will cost $8,000 => Yes (Add to purchase price of equipment)

(3) Paid a management consultant $4,000 to analyze this project => No =>This is sunk cost (already incurred regardless of accept or reject the prject)

(4) Increase sales by $20,000 per year => No => under operating cashflow.

(5) $3,500 to train the employees to use the new equipment => No => under operating cashflow.

So, total initial outlay = 100,000 + 5,000 + 8,000 = 113,000.

7 0

3 years ago

Inadequate disclosure occurs when: a. A company attempts to overstate assets to make their financial position look better. b. Ma

Fudgin [204]

Answer: Option B

Explanation: In simple words, inadequate disclosures refers to the situation when a company fails to make accurate or enough discloses in a statement as required by various laws and regulations.

The disclosure can be done through any medium such as media or in the yearly statement but if it does not contain proper information that it will be considered as an offence and suitable actions could be taken.

7 0

3 years ago

Intask Corporation uses the FIFO method in its process costing system. Beginning inventory in the mixing department consisted of

Ksju [112]

Answer:

The equivalent units of production for conversion cost would be $11,680 units

Explanation:

The computation of the equivalent unit of conversion is shown below:

= (Beginning inventory units × remaining percentage) + (units started and completed units × completed percentage) + (ending inventory units × completed percentage)

= (6,800 units × 25%) + (6,500 units × 100%) + (5,800 units × 60%)

= 1,700 units + 6,500 units + $3,480 units

= $11,680 units

6 0

3 years ago

True or False: Your landlord, the over of your rental property, has the right to enter your apartment, any time he wants to

weeeeeb [17]

Answer:

false

Explanation:

he/she is not allowed to enter at any time because he/she does not have the right to enter the home if you are not there.

5 0

3 years ago

When a homeowner wants to sell his or her home, the property is typically posted on a regional listing service. In a particular

soldier1979 [14.2K]

Answer:

c. 55

Explanation:

As for the provided information, we know that

Percentage of active condominiums shall be calculated where the base shall be total property and the numerator shall be the active condominiums.

As provided condominiums = 40%

Active condominiums = 8.25 $\times$ 40% = 3.3

Total property time = 8.25 $\times$ 40% + 4.5 $\times$ 60%

= 3.3 + 2.7 = 6.0

Therefore, percentage of active condominiums = $\frac{3.3}{6.0} \times 100$ = 55%

4 0

3 years ago