Answer:
See the explanation below.
Explanation:
Magic Realm, Inc. Contribution Income Statement for last year
Details Total ($) Per Unit ($)
Sales revenue (47,500 × $67) 3,182,500 67
Variable cost (47,500 × $47) <u>(2,232,500)</u> <u>(47)</u>
Contribution 950,000 20
Fixed expenses <u>(855,000)</u>
Net operating expenses <u>95,000</u>
The word to fill the blank space is "Cost".
The cost of universal trade are borne by those organizations and their specialists whose employments are threatened by foreign competitions. Some residential organizations may lose piece of the overall industry to outside organizations, hindering their productivity and capacity to make employments. Other firms may confront so much foreign competition that they're driven bankrupt altogether.
Answer:
Economic growth occurs when an economy's production at the full employment level increases. An increase in the production at the full employment level is shown by an outward shift of production possibility frontier.
The shape of the PPC signifies that the resources needed to produce the two goods are interchangeable. The same resources are needed to produce the two goods, so the opportunity cost is constant as output of each good increases. This makes the PPC a straight line.
When one is preparing a statement of cash flows using the indirect method, the depreciation is added back to net income under the operating activities section.
<h3>Why is depreciation added back?</h3>
When making the statement of cash flows, the actual cash that the business has will be recorded.
Depreciation had been deducted as an expense in order to come up with net income but it is a noncash expense which means that the company did not actually lose cash. It is therefore added back to show the real amount of cash in a business.
Find out more on depreciation in the cash flow statement at brainly.com/question/25785586
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