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3 years ago

Which of the following statements is not correct?

Business

1 answer:

Korvikt [17]3 years ago

8 0

Answer:

B) To maximize profit, firms should produce at a level of output where price equals average variable cost

Explanation:

Firms maximize their profit by equating Marginal revenue with The Marginal cost. So, since for perfectly competitive firms, the price equals the Marginal revenue, for these firms profit is maximized by equating Price with Marginal cost not the average variable cost.

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Two years ago, you purchased 100 shares of Coca-Cola Company. Your purchase price was $52 a share, plus a total commission of $2

Kitty [74]

Answer:

The answer is: 2.98%

Explanation:

The dividend yield for the stock during the purchase year can be calculated using the following formula:

dividend yield year A = dividend year A / stock price year A

In this case year A is the purchase year.

Dividend yield = $1.55 / $52 = 0.0298 or 2.98%

5 0

3 years ago

Checks are promises to pay a sum of money at some time in the future. a. True b. False

pishuonlain [190]

the answer to this question is true

7 0

3 years ago

Blake's Bookshop is interested in keeping employees, customers, and the general public aware of the activities and programs it h

Alika [10]

The answer is c) social audit

7 0

2 years ago

Dove Corporation, a calendar year C corporation, had the following information for 2016:

poizon [28]

Answer:

$1,032,260

Explanation:

To calculate Dove's unappropriated retained earnings balance (UREB) as of December 31, 2016, the following simple formula is employed:

UREB = Unappropriated retained earnings as of 01 January 2016 + Net income per books (after-tax) - Cash dividend distributions

UREB = $796,010 + $386,250 - $150,000 = $1,032,260

Therefore, Dove's unappropriated retained earnings balance (UREB) as of December 31, 2016 is equal to $1,032,260.

Note:

This will appear in Schedule M–2 of Form 1120 as follows:

Unappropriated retained earnings as of 01 January 2016 $796,010

Net income per books (after-tax) $386,250

Sub-Total $1,182,260

Less: Cash dividend distributions $150,000

Unappropriated retained earnings as of 31 December 2016 $1,032,260

8 0

3 years ago

Tyler is a finance manager at an automobile manufacturing company. He collects internship reports from summer interns at the com

tamaranim1 [39]

Answer:

Disseminator role.

Explanation:

Disseminators play the important part of communicating important and useful information to colleagues and the team. Generally managers are responsible for transmitting information regarding management expectations to employees with a view of achieving organisational goals.

Tyler as a finance manager at an automobile manufacturing company. Collects information from summer interns regarding improvements in finance strategy. He communicates this information to the Chief Financial Officer. This is a dissemination function by Tyler.

6 0

3 years ago

Read 2 more answers