Outlays for professional labor, Sales revenues,Raw material purchases, Advertising expenditures all these will have either direct or indirect effect , on an organization's cash budget-So none of the answer is correct.
Explanation:
Lets try to understand the below mentioned concept:-
- <u>Outlays for professional labor:</u> it refers to the cost that is incurred for the acquisition of a good (inventory )or service(consulting services)
- <u>Sales Revenue:</u>It refers to the amount business gains/realise by the sale of its product or goods and services.
- <u>Raw Material Purchases: </u>The cost incurred by the company to acquire its raw material
- <u>Advertising expense:</u> The expense incurred by an y business house on the advertisement of its product.
Hence it is clear from the above discussion that all these expense have a direct or indirect effect on an organizations cash budget.
So the answer is None of these
The U.S. dollar is fiat money, as are the euro and many other major world currencies. This approach differs from money whose value is underpinned by some physical good such as gold or silver, called commodity money. The United States, for example, used a gold standard for most of the late 19th and early 20th century
The profit-maximizing choice for a perfectly competitive firm will occur at the level of output where marginal revenue is equal to marginal cost—that is, where MR = MC. This occurs at Q = 80 in the figure.
Marginal revenue is the increase in revenue that results from the sale of one additional unit of output.
While marginal revenue can remain constant over a certain level of output, it follows from the law of diminishing returns and will eventually slow down as the output level increases.
<h3>How do u calculate marginal revenue?</h3>
To calculate marginal revenue, you take the total change in revenue and then divide that by the change in the number of units sold.
The marginal revenue formula is: marginal revenue = change in total revenue/change in output.
Learn more about marginal revenue here:
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