Answer:
$40
Explanation:
Profit made is the difference between revenue earned and cost incurred by an entity.
Marginal profit is thus a difference between the additional sales during the added time and the additional cost incurred.
As such, for the local restaurant;
Profit earned during the last hour given that for each additional hour is $404 and the additional revenue (the marginal revenue) during the last hour is $444
= $444 - $404
= $40
Answer:
1. increase in accounts receivable Deduct from net income
2. increase in inventory Deduct from net income
3. decrease in prepaid expenses Added to net income
4. Decrease in accounts payable Deduct from net income
5. increase in accrued liabilities Added to net income
6. increase in income taxes payable Added to net income
7. Depreciation expense Added to net income
8. loss on sale of investment Added to net income
9. Gain on disposal of equipment Deduct from net income
10. Amortization expense Added to Net income
Explanation:
Answer:
R=154.66941
Explanation:
the payment will be made monthly so we need to convert the 5.99% APR in to moths
Monthly Interest =5.99%/12 = 0.499%
Total payments = 60
Amount Borrowed = $8000
Rental = ?
Using the annuity formula = P=R*(1-(1+i )^-n ) / i
So we have = 8000=R*(1-(1+0.499%)^-60) / 0.499%
8000=R* (1-0.74181) / 0.499%
8000=R* 0.25818/ 0.499%
8000=R*51.72321
R=8000/51.72321
R=154.66941
Answer:
d) partly a variable cost and partly a fixed cost.
Explanation:
CVP income statement is also known as cost volume profit income statement, it is generally a product of CVP analysis and it include five elements:
- Price of products.
- Volume of activity.
- Variable cost per unit.
- Total fixed cost.
- Mix of product sold.
CVP analysis are conducted to know how changes in cost and volume would impact company´s operating income and net income. It require all the cost of company should be segregated into variable and fixed cost. It also calculate contribution margin, which help to identify the profit of company before deducting fixed cost.
The cost-benefit principle states that <u>costs and benefits</u> are the incentives that shape decisions.
<h3>How is the cost-benefit principle used?</h3>
According to the fundamental of economics, the cost-benefit principle states that every rational being is likely to take into consideration the cost and the benefit of one or a set of decisions before a final choice is taken.
In order words, a line of decision for example an investment should only be undertaken only if the benefits associated with the cost of such investment are at least as large or way larger than the cost.
See the link below for more about the Cost-Benefit Principle:
brainly.com/question/885073
