Answer:
d) $6,000, -$6,000
Explanation:
Accounting profit = total revenue - explicit costs
=6000 x 2.5-9000 = $6000
Economic profit = accounting profit - interest on capital invested
=6000 - 400000 x 0.03
=$-6000
Answer: Mortgage interest is a loan.
Explanation:
Answer:
The amount of cash received will be $6039
Explanation:
The amount of cash received on January 24 will be the net amount after deducting the sales returns and the discount allowed as the payment is made within 10 days period of the sale and the terms 1/10 states a 1% discount if payment is made within 10 days.
The net value of receivables after sales returns = 7000 - 900 = 6100
The discount allowed = 6100 * 1% = 61
Cash to be received = 6100 - 61 = $6039
Answer:
The correct answer is Economies of scale.
Explanation:
The economy of scale occurs when a company has the power to manage the situation in production when it presents an optimal level of production, which allows it to produce a larger quantity at a lower cost since, as sustained growth occurs, its unit production costs are directly reduced.
