In the design of a chemical plant, the following costs and revenues (in the third year of production) are projected:

The income statement begins with revenue and subtracts various operating expenses until arriving at Earnings Before Interest and

Serggg [28]

Full question attached

Answer:

D. Earnings before interest and taxes(EBIT)

Explanation:

Earnings before interest and taxes abbreviated EBIT in the income statement is arrived at by deducting operating expenses from revenue/sales to get operating income. The operating income is earnings before interest and taxes which comes before gross income(subtract other expenses). Operating expenses are the main expenses concerned with operations of the business such as the Sales

6 0

2 years ago

Shareholders in Frontier Communications were not pleased to learn that the company's market share had changed from 40 to 21 perc

Alja [10]

Answer:

$47.5\%$

Explanation:

Given: The company's market share had changed from 40 to 21 percentage points.

To find: percent change in market share

Solution:

Change in percentage of company's market share $=40-21=19$

Percent change in market share = (Change in percentage of company's market share ÷ 40) × 100

$=\frac{19}{40}(100)=47.5\%$

6 0

3 years ago

Suppose we observe that as the price of lettuce increases from $1 to $2 per head, consumers buy only half the number of heads of

alex41 [277]

Answer:

C. A decrease in the quantity demanded

Explanation:

Price Elasiticity

The law of demand and supply would usually hold that an increase in prices will result in a decrease in demand. Furthermore, an increase in demand generates a corresponding increasing in supply as well.

When the demand of a product is sensitive to the changes in price, then we say that price of the product is elastic but if the product demand not strongly influenced by price then we say that the pricing is inelastic.

In the case of the lettuce, we can say that the price is elastic, because there is a sensitive reaction between an increase in price from $1 to $2 which immediately leads to a halfing of the quantity demanded. The price is elastic such that an increase in price leads to a decrease in quantity demanded.

8 0

3 years ago

Revenue is properly recognized: Multiple Choice When the customer makes an order. Only if the transaction creates an account rec

Marianna [84]

Revenue in a business transaction is recognized When goods or services are provided to customers and at the amount expected to be received from the customer.

<h3>What is revenue?</h3>

Refers to the amount paid to a company for the provision of goods and services.
Can only be recognized when that good or service has been provided to the customer.

Until a good or service is provided to the customer who bought it, revenue should not be recognized because it has not been earned by a company.

In conclusion, option C is correct.

Find out more on revenue recognition at brainly.com/question/1380073.

3 0

1 year ago

Why did Krispy Kreme decide to manufacture all the donut mix and distribute it to the stores?

sveta [45]

Answer:

Option A

Explanation:

In simple words, Krispy Kreme Doughnuts, Inc. is an American doughnut company and coffeehouse chain owned by JAB Holding Company. Krispy Kreme was founded by Vernon Rudolph, who bought a yeast-raised recipe from a New Orleans chef, rented a building in 1937 in what is now historic Old Salem in Winston-Salem, North Carolina, and began selling to local grocery stores.

They make all their dough of the product by themselves so that the neutrality regarding their consistency remains intact thought the country,

5 0

3 years ago