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sweet-ann [11.9K]
3 years ago
11

Gina Fox has started her own company, Foxy Shirts, which manufactures imprinted shirts for special occasions. Since she has just

begun this operation, she rents the equipment from a local printing shop when necessary. The cost of using the equipment is $350. The materials used in one shirt cost $8, and Gina can sell these for $15 each. If Gina sells 20 shirts, what will her total revenue be
Business
1 answer:
Softa [21]3 years ago
5 0

Answer:

$300

Explanation:

Gina fox have started her own company where she shirts are imprinted for special occasions

The cost of using equipments for the short production is $350

The materials used in one shirt costs $8

The selling price is $15

Therefore if Gina sells 20 shirts then, her total revenue can be calculated as follows

= Selling price × number of shirts that was sold

= $15 × 20

= $300

Hence Gina's total revenue is $300

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The answer is a corporation.

A corporation is the most complex business type to establish. While a sole proprietor can open up a business nearly instantly, a corporation has to go through a legal process which includes things like establishing the corporation, selling stock, and establishing a board of directors.

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The differences between the various 'Money Supplies' (M1, M2, …) are base on A) The volume of the economy they make up C) Whethe
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Answer:

The correct option here is B) the degree of liquidity in each element.

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True or false: economic models do not take the role of entrepreneurs into account because entrepreneurial discovery plays only a
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4 years ago
A monopolist is forced to lower its price in order to sell another unit of its product. this describes the problem of:________
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A monopolist is forced to lower its price in order to sell another unit of its product. this describes the problem of marginal revenue is less than price.

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4 0
1 year ago
At july 31, planter company has this bank information: cash balance per bank $7,291, outstanding checks $762, deposits in transi
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4 years ago
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