Answer:
A
Explanation:
You can think about this like how you put money into a bank and let the interest pile up over time.
On a linear demand curve, if the price is low and the quantity demanded is high, demand is Inelastic in that region and a price increase will cause an increase in total revenue
Revenue in accounting refers to the entire amount of money made through the sale of products and services that are essential to the company's core operations. [1] The term "commercial revenue" can also refer to sales or turnover. Some businesses make money from royalties, interest, or other fees. [2] The term "revenue" can mean income in general or the total amount of money earned over a certain time period, as in "Last year, Company X had revenue of $42 million." The general definition of profits or net income is total revenue less total expenses for a specific time period. Revenue is a component of the Equity section of the balance sheet in accounting, and revenue raises equity.
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Answer:
Raw Materials transferred to production during 2017 $1,466,000
Explanation:
The computation of the raw material transferred to production is given below:
Opening raw material 2016 $80,000
Add : Purchase of Raw material $1,450,000
Less Closing Stock raw material 2017 $64,000
Raw Materials transferred to production during 2017 $1,466,000
Hence, the same should be relevant
Answer:
23.25%; 62.01%
Explanation:
(a) Amount received:
= No. of shares × selling price
= 100 × $43
= $4,300
Sales deposit = 60% of Amount received
= 0.6 × $4,300
= $2,580
Amount paid = No. of shares × Purchase price
= 100 × $49
= $4,900
Therefore, Loss = $4,900 - $4,300
= $600
(b) If buys at $27, then
Amount paid = $27 × 100
= $2,700
Profit = $4,300 - $2,700
= $1,600
Loss on investment:
= ($600 ÷ $2,580) × 100
= 23.25%
Profit on investment:
= ($1,600 ÷ $2,580) × 100
= 62.01%
Answer:
Developing
Explanation:
A developing country is one where,
- Per capita income is lower which means individuals earn money for basic survival. There are no means of investment and savings.
- Life expectancy is higher due to absence of modern medical facilities in all areas.
- Technology is still reaching people in rural areas. Not everybody has access to modern technology.
- High rates of population and unemployment.
Here, the country has all features of a developing world nation.
