Answer:
The correct answer is $ 49,000. (which is not in options)
Explanation:
This problem requires us to calculate value of retain earning at the end of the year. We know that assets = equity + liabilities and equity = common stock + retain earning. Following this rule we can easily calculate amount of retain earning. Detail Calculation is given below.
Asset
Accounts Receivable $30,000
Land $42,000
Investments $7,000
Building $59,000
Cash and Equivalents $80,000
Equipment $64,500
Supplies $6,000
Total Asset $288,500
Less
Liability
Notes Payable $59,000
Interest Payable $5,500
Income Taxes Payable $10,000
Accounts Payable $38,000
Total Liabilities $112,500
Less
Equity
Common Stock $127,000
Retain earning $ 49,000
D) Seeing an idea come into being
Answer:
Broker
Explanation:
A licensed broker must dispaly his or her name boldly in their primary place of business at all times becasue it helps to identify a broker quickly as well as has gives confidence to customers to transact business with them.
Cheers.
The cost structures of a monopoly have the same relationships among fixed costs, variable costs, marginal costs, and average cost values as pure competition.
Profits for the monopolist, like all organization, can be identical to total revenues minus total costs. The sample of costs for the monopoly may be analyzed inside the identical framework because the costs of a perfectly competitive firm—that is, with the aid of using using total cost, fixed cost, variable cost, marginal cost, average cost, and average variable cost.
However, due to the fact a monopoly faces no competition its situation and its choice method will fluctuate from that of a superbly aggressive organization.
<h3>What is Monopoly Price?</h3>
A monopoly price is set by a monopoly. A monopoly occurs when a firm lacks any viable competition and is the sole producer of the industry's product. Because a monopoly faces no competition, it has absolute market power and can set a price above the firm's marginal cost. Since marginal cost is the increment in total cost required to produce an additional unit of the product, the firm can make a positive economic profit if it produces a greater quantity of the product and sells it at a lower price.
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