If a firm collects $80 in revenue when it sells 4 units, $100 in revenue when it sells 5 units, and $120 in revenue when it sells 6 units, then one can infer the firm is a perfect competitor.
Turnover is the total amount of revenue generated from the sale of goods or services related to the company's main activities. Earnings, also known as gross earnings, are often referred to as the "top line" because they are at the top of the income statement. Income or Net Profit is the gross profit or profit of a business.
Simply put, revenue is how much money a company makes and profit is how much money a company can keep after paying all its expenses. Here's another example that clarifies where sales and profit are on the income statement. The black box at the top shows the gross or gross sales.
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To own a electrical business
Answer:
NPV = $ 3,969,921.84
IRR = 23.94%
Explanation:
As the values are not given so i searched and found a similar question. i am using those values.
using formulas:
Cash Flows = Net Income + Depreciation + Investment + NWC + After-tax Salvage value
NPV = NPV(rate, CF1...CF5) - CF0
IRR = IRR(values)
It requires a table for it to be solved easily and efficiently so i am putting a screen shot of a word file on which i have solved the question. the question and its values are also given in screenshots.
$12,651 million is what I believe the answer is. I might be wrong though.
Answer:
D) not able to be calculated from the information given.
Explanation:
Consumer surplus is the difference between willingness to pay of a consumer and the price actually paid for a good or service.
The price paid by Smith is $205,000 but there's no information on the willingness to pay of Smith. Therefore, the consumer surplus can't be calculated.
I hope my answer helps you.
