Answer:
A) investors
Explanation:
The main aim of financial accounting to provide information to the investors( existing and would-be) about the performance and position of the business at a particular point in time.
Performance relates to net income earned while the position is about the net assets of the company which is an offshoot of all the assets owned and liabilities(obligations) owed to other parties
The total cost that is incurred by producing 100 doughnuts is equal to the sum of the variable cost and the fixed cost. The total variable cost is,
total variable cost = ($2/doughnut)(100 doughnuts) = $200
The total cost is,
Total cost = total variable cost + total fixed cost
TC = $200 + $500 = $700
Equating the cost and the revenue,
TC = TR
$700 = (100)(x)
The value of x from the equation is $7.
ANSWER: $7.
Answer:
Net increase in Capital Assets with amount of USD 38,000/-
Answer:
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Explanation:
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The behavior of Albert is consistent with the law of demand.
The basic law of demand says that the higher the price of a commodity, the lower the quantity demanded; and the lower the price of a commodity, the higher the quantity demanded.
Albert went to his local store, hoping to buy a pair of Levi's for $30, however, when he got there, the price was lower at $18, he then decided to buy more than one because the price was lower. This is the law of demand taking place.