1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
irakobra [83]
3 years ago
12

Chiquita produces bananas for an average explicit cost of $0.25 per banana and sells 1 million bananas per week for a price of $

0.50 per banana. The implicit costs per week are $200,000. Which of the following statements is true? Group of answer choices Chiquita makes an accounting profit of $50,000. More than one answer is correct. Chiquita makes an economic profit of $250,000. Chiquita makes an economic profit of $450,000. Chiquita makes an accounting profit of $250,000.
Business
1 answer:
VLD [36.1K]3 years ago
5 0

Answer:

Chiquita makes an economic profit of $250,000.

You might be interested in
Caitlin, Chris, and Molly are partners and share income and losses in a 3:4:3 ratio. The partnership’s capital balances are Cait
natka813 [3]

Answer:

Pauls' share in partnership=(131000+91000+111000+171000)*0.15%= $75600

Balance in Caitlin’s capital account immediately after Paul’s admission = 131000-(75600-71000)*30%= $129160

6 0
3 years ago
8. What includes retail sales, housing starts, and truck and<br><br> auto sales
GREYUIT [131]

Answer:

monthly data series in a GDP

Explanation:

A GDP is defined as the actual domestically manufactured or produced products or the services provided in a financial year which describes or estimates the financial status or economic status of a country. GDP stands for Gross domestic product.

By analyzing the monthly data series of goods or services produced one can predict the real GDP of a country to be. One can use the monthly observations of the employment, unit auto as well as truck sales, sousing starts, retail sales, trade, automobile inventories, manufacturing, shipment of machinery and equipment, index of the industrial production, etc. to predict the GDP growth or get an idea of the GDP figures that are going to show the robust growth of the economy.

7 0
3 years ago
The stated interest rate is the rate quoted in the bond contract used to calculate the cash payments for interest.
Drupady [299]
That statement is true

A stated interest rate is the return of investment that is not compounded by the interest accumulation throughout the years.
In general,  a stated interest rate will give us a lower amount of return compared to effective annual interest rate that compound the accumulation throughout the years,
8 0
4 years ago
Gunst Company produces three video games: Android, Bio-Mutant, and Cyclops. Cost and revenue data pertaining to each product are
Dima020 [189]

Answer:

Gunst should produce 500 Bio-mutant games:

  • total contribution margin = $71 x 500 = $35,500

Explanation:

                                   Android          Bio-mutant          Cyclops

selling price                  $100                 $107                   $125

labor                               $48                  $24                     $60

direct materials               $9                    $8                       $16

variable overhead          $7                     $4                        $9

contribution margin      $36                   $71                      $40

labor hours                        4                       2                          5

Bio-mutant generates by far the largest contribution margin and requires the least direct labor hours.

Gunst should produce 500 Bio-mutant games:

  • total revenue = $107 x 500 = $53,500
  • total contribution margin = $71 x 500 = $35,500

If it produces 250 Android games its total contribution margin will = $9,000

If it produces 200 Cyclops games its total contribution margin will = $8,000

7 0
3 years ago
If a new-car loan costs 6%, a used-car loan would cost approximately ___ percent
Rufina [12.5K]
I'm guessing it's like half of that.
So 3%.
However, I saw online 4.9 %
8 0
3 years ago
Other questions:
  • Label each scenario below according to the type of financial asset described.
    12·1 answer
  • Which characteristic does Martin, a marketing manager, demonstrate in the following situation?
    11·2 answers
  • Many locations require that renters be paid interest on their security deposits. If you have a security deposit of $3,600, how m
    5·1 answer
  • All of the following statements about GDP are false except Group of answer choices Higher GDP reflects more equal distribution i
    12·1 answer
  • Raphael Corporation’s common stock is currently selling on a stock exchange at $157 per share, and its current balance sheet sho
    15·1 answer
  • ​________ is the second step in the target marketing process. in this​ step, marketers evaluate segments and decide which segmen
    5·1 answer
  • The following information is available for Brendon Company before closing the accounts. What will be the amount in the Income Su
    6·1 answer
  • The secret to effective sales is to have a
    5·1 answer
  • Chick-fil-a released a statement to explain their partnership with Thrive Coffee and how the company is working to support local
    6·1 answer
  • Mining Corporation purchases the business assets of Open Pit Inc., including its equipment and supplies, for an agreed-to price,
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!