Answer:
Associated cost = 0.42x + 76
Revenue = $0.62x
Profit function = 0.20x - 76
Explanation:
Data provided in the question:
Fixed production costs = $76 per edition
Marginal printing and distribution costs = 42¢ per copy = $0.42
Selling cost = 62¢ per copy. = $0.62
Now,
Associated cost = mx + b
here,
m is the marginal cost
x is the number of copies
b is the fixed cost
Thus,
Associated cost = 0.42x + 76
Revenue = Selling cost × Number of copies
= $0.62x
Profit function = Revenue - Associated cost
= $0.62x - ( 0.42x + 76 )
= $0.62x - 0.42x - 76
= 0.20x - 76
Answer:
The correct option is D.
Explanation:
The statement which is correct and true is the one that states the bank statement is a document which is received from the bank and it records the activity or transactions of the customer in the account because the bank statement is the only document which records the transaction of the customer account.
Therefore, the correct option is D.
Answer:
internal disclosure controls and procedures.
Explanation:
"Internal disclosure controls and procedures" is a new term created by the Sarbanes-Oxley Act of 2002 and it refers to controls and procedures that must be setup by top management of a corporation in order to ensure that the information it discloses under the Securities Exchange Act is properly recorded, processed, summarized and reported.