Answer:
$1,300
Explanation:
Calculation to determine what the market maker’s net profit from Brent’s transaction
First step is to calculate the bid-ask spread using this formula
Bid-ask spread=Ask price-Bid price
Let plug in the formula
Bid-ask spread=$31.80-$30.50
Bid-ask spread=$1.30
Now let calculate the Net profit
Using this formula
Net profit=Bid-ask spread*Shares resell
Net profit=$1.3 x 1000 shares
Net profit=$1,300
Therefore the market maker’s net profit from Brent’s transaction will be $1,300
D - Accounting manager : they supervise, monitor and evaluate all day-to-day accounting activities.
Hope that helped :)
Explanation:
The given question cannot be answered as little information is provided. However it shall be an amount if $21,580,000. For, complete analysis we need to understand the current prices and various other variable costs. We know that the contribution margin is the Sale Price (SP) minus the Variable Cost (VC). It is the number of sales per unit that will be available to service fixed expenses and to generate the profit.
Therefore, to determine a more detailed answers more inputs are needed.
Answer:
general partnership
Explanation:
General partnership -
It refers to the condition , where the business is run by two or more individuals , who merges their shares , in order to run the business , it is referred to as a general partnership .
All the partner have equal rights on the profit ,loss , and all the financial decisions and income tax .
There are unlimited liability , and any of the partner can be sued for any type of business debts .
Hence , from the given scenario of the question ,
The correct term is general partnership .
Answer:
cannot be provided to one person without making it available to others as well.
Explanation:
A public good is a good that is non excludable and non rivalrous. It cannot be provided to one person without making it available to others as well. If one person is using it, it does not stop other people from using it also. An example of a public good is roads.
Public goods contrasts with club goods and private goods
A club good is a type of public good. It is excludable but non-rivalrous. For example paid streaming services are an example of a club good. Those who do not subscribe are excluded from using the service. But all subscribers have equal assess to the service
A private good is a good that is excludable and rivalrous.e.g. a privately owned car
