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Olegator [25]
3 years ago
13

Suppose Torche Corporation has the following revenue and expenses for 2019:

Business
1 answer:
OlgaM077 [116]3 years ago
8 0

Answer:

The value of net income is $3,008,000

Explanation:

Income statement:

Revenues= 9,100

COGS= (2,730)

Gross profit= 6,370

Other Expenses= (600)

Sales, General, & Administrative Expenses= (910)

Depreciation Expenses= (500)

Interest Expenses= (180)

EBT= 4,180

Tax= (1,672)

Depreciation= 500

Net income= 3,008

The value of net income is $3,008,000

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Answer:

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Explanation:

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3 years ago
At a price of $10, the marginal revenue of a monopolist is $6. if the marginal cost of production is $8, what should the monopol
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At a price of $10, the marginal revenue of a monopolist is $6. if the marginal cost of production is $8, the monopolist should keep the price at  same level  in order to maximize profits.

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Every firm follows the rule of profit maximization. In this rule marginal cost is equal to the marginal revenue and the MR intersects the MC curve the profit will be the maximum at this level.

The marginal cost of production and marginal revenue are the economic measures which are used to determine the amount of output and the price per unit of a product that will maximize profits.

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6 0
2 years ago
Bob was telling everyone in the break room that he thought it was a big mistake to hire laurie because it was clear to him that
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<span> The fact that Bob called Laurie "inept" and "under qualified" despite her fine performance on the job so far, but because he was angry that his girlfriend had not been hired instead  is an example of workplace bullying. 
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3 years ago
The year-end financial statements of Greenway Company contained the following elements and corresponding amounts: Assets = $23,0
aleksandr82 [10.1K]
The correct answer is a
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Wade made a fairly serious error at work, causing his work group to miss an important deadline. Wade was personally called into
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Answer: <em>Individualistic culture </em>

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