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Alex787 [66]
3 years ago
9

A computer company has $3,000,000 in research and development costs. Before accounting for these costs, the net income of the co

mpany is $2,400,000. What is the amount of net income or loss after these R & D costs are accounted for? A : $2,400,000 net income B : $0 C : None of the choices are correct D : $600,000 loss
Business
1 answer:
AfilCa [17]3 years ago
6 0

Answer:

D : $600,000 loss

Explanation:

In the income statement, the total revenues and the total expenses are recorded.  

If the total revenues are more than the total expenditure then the company earns net income

And, If the total revenues are less than the total expenditure then the company have a net loss

This net income or net loss would reflect in the statement of the retained earning account.

So,The net income or net loss would be

= Net income - research and development costs

= $2,400,000 - $3,000,000

= $600,000 loss

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The core CPI looks at the price changes of a market basket without Select one: a. luxury goods b. taxes c. food and energy d. im
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Answer:

The correct answer is the option C: food and energy.

Explanation:

On the one hand, the concept known as <em>"Consumer Price Index" </em>or CPI is refered to the measure that is basically used in economics in order to obtain the variation of prices in general that happens in a certain period of time, so that means that it focus in calculating the inflation of an economy by examinating the weighted average of prices of a basket of predetermined goods.

On the other hand, the <em>"Core CPI" </em>calculates the inflation in the costs of goods and services of a predetermined basket by does not include the ones from the food an energy sectors.

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3 years ago
f the steps are small, a step-variable cost may be approximated using a ______ cost function without significant loss in accurac
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If the steps are small, a step-variable cost may be approximated using a Variable cost function without significant loss in accuracy.

<h3>Variable cost function</h3>
  • An expense for the company that varies according to how much is produced or sold is called a variable cost.
  • Depending on a company's production or sales volume, variable costs grow or fall. They climb as production rises and reduce as production declines.
  • It is a production cost whose level fluctuates in response to shifts in a business's manufacturing activities.
  • For instance, the raw materials required to make a product's components are regarded as variable costs because they frequently change depending on the volume of units produced.
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To learn more about the Variable cost function refer to:

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Last year Rocco Corporation's sales were $225 million. If sales grow at 6% per year, how large (in millions) will they be 5 year
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Answer:

b. $301.10

Explanation:

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Using simple growth formula we will find the Sales value after 5 years.

Future Sales = Current Sale ( 1 + growth rate )^Number of years

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