3 years ago

When a firm's sales revenues are greater than its expenses, the firm has a:

1 answer:

5 0

<span>When a firm's sales revenues are greater than its expenses, the firm has a positive cash flow. If the situation was opposite, then it would have a negative cash flow.</span>

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If the secular trend of labor productivity rises from 2 percent per year to 4 percent, the number of years that it will take for

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Answer:

C. 17.5 years

Explanation:

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3 years ago

Proprietary and fiduciary funds follow account and reporting principles similar to those of ______ organizations.

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City of New York

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2 years ago

Belvedere Corporation had a balance in its Equipment account on January 1, Year 1 of $341,200. During the year, equipment origin

Varvara68 [4.7K]

Answer:

$56,600.00

Explanation:

The amount the company spent on purchase of additional equipment during year 1 can be ascertained using the formula below:

amount spent on additional equipment=ending balance of equipment-(beginning balance-cost of equipment sold)

ending balance of equipment is $304,700

beginning balance is $341,200

cost of equipment sold is $93,100

amount on additional equipment=$304,700-($341,200-$93,100)=$56,600.00

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3 years ago

Last year, a toy manufacturer introduced a new toy truck that was a huge success. The company invested $2.50 million in a plasti

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Answer:

P= 18

Explanation:

Giving the following information:

Fixed costs= 2,500,000 + 300,000= 2,800,000

Variable costs= 10 per unit

Estimated demand= 100,000 units

Break-even point= fixed costs/(P - variable cost)

100,000= 2800000/(P - 10)

100000*(P - 10)= 2,800,000

100000*P - 1,000,000= 2,800,000

100000P=1,800,000

P= 18

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3 years ago

Brief exercise 8-1 ortega company manufactures computer hard drives. the market for hard drives is very competitive. the current

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The profit that is gained by the company for selling a unit is equal to the difference between the revenue and total cost. In this item the revenue is given to be $45 and the profit is $10. To answer this item, we let x be the cost such that,

45 - c = 10

Simplifying,

c = 45 - 10

Further simplification will lead us to,

c = 35

Answer: $35.

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3 years ago