Answer:
the funds available for business growth, after expenses and salaries are paid.
Explanation:
Mainly profit is the earnings that calculated after paying all the types of expenses and it could be used for growing the business
So according to the given options the second one is correct as it represent that the profit is the fund that available for the growth of the business after pay off all the expenses
So the same is to be relevant
Answer:
March 1
Account Debit Credit
Cash $323,000
Common Stock $153,000
Paid-In Capital in Excess
of Par Value $170,000
April 1
Account Debit Credit
Cash $87,000
Common Stock-no par value $87,000
April 6
Account Debit Credit
Inventory $56,000
Common Stock $56,000
Machinery $170,000
Paid-In Capital in Excess of
Common Stock $170,000
Note Payable $92,000
Cash $92,000
Answer:
6.35%
Explanation:
you can use the yield to maturity formula to determine the coupon:
YTM = {coupon + [(face value - market value) / n]} / [(face value + market value) / 2]
0.065 = {coupon + [(1,000 - 984.56) / 15]} / [(1,000 + 984.56) / 2]
0.065 = {coupon + 1.029} / 992.28
64.4982 = coupon + 1.029
coupon = 63.47
coupon rate = 63.47 / 1,000 = 0.06347 = 6.35%
The following will cause an increase in producer surplus is <u>the price of a substitute increases</u>.
What is surplus?
The amount of an asset as well as resource that is over the amount that is being actively used is referred to as a surplus. Income, profits, capital, and goods are just a few of the numerous things that can be referred to as a surplus. A surplus in the context of inventories refers to items that are still unsold and on store shelves. When income is earned and expenses are paid, there is a surplus in a budget. When there is excess tax revenue once all government programmes have been fully funded, governments can also experience a budget surplus. It's not always preferable to have a surplus. For instance, a producer who overestimates future demand for a particular product might produce too many unsold units, which could subsequently contribute to quarterly as well as annual financial losses.
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