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12345 [234]
2 years ago
10

A trading firm ABC, Inc. has been in continuous existence for the past 20 years. In the year 2004 it purchased 2000 baseball bat

s for $ 6 each and sold 1700 of these for $10 each. What was the profit or loss of the firm in 2004
Business
1 answer:
OlgaM077 [116]2 years ago
5 0

Answer: $6,800

Explanation:

Profit (loss) = Revenue - Cost of goods sold

Cost of goods sold = Purchases - closing stock

= (2,000 * 6) - (300 * 6)

= $10,200

Total Revenue:

= 1,700 * 10

= $17,000

Profit = Revenue - cost of goods sold

= 17,000 - 10,200

= $6,800

<em />

<em>(closing stock is 300 because 1,700 units were sold)</em>

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chubhunter [2.5K]

Answer:

Champion

Explanation:

According to Techstars, the final stage of an entrepreneur's journey is champion. This represents start-ups that have a chieved great success like Google, and they are championing the enterpreneur's journey by working with enterpreneurs at earlier stages.

The initial stages of enterpreneur's journey is: inspire, discovery, founder, startup, scale, and finally champion.

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You have recently graduated from college with an MBA. Upon graduation, you start working for Roosevelt Power Plant. The boss, Mr
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Explanation:

Honesty in the workplace:

  • Honesty can give good reputation
  • Will stay focused on the work and the environment
  • Will keep commitments and thus increase productivity
  • It will increase the sense of responsibility to achieve success at higher rates
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  • Gains greater energy to contribute
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These these factors will help Mr. Jones to understand that fraud will be prevented and detected.

3 0
3 years ago
Suppose the civilian noninstitutionalized working age population is 35.9 million in Laborland, 4.6 million are working part time
frozen [14]

Answer:

The answers are:

A) 25.23 million people

B) 70.28%

C) 4.92 million people

D) 19.50%

Explanation:

Laborland's total labor force can be calculated by adding those who are employed and those who are unemployed but were searching for a job during the last month.

  • 4.6 million (part-time employed) + 15.71 million (full-time employed) + 3.2 million (looked for a job two weeks ago) + 1.72 million (looked for a job between two and four weeks ago) = 25.23 million people

Laborland's labor force participation rate can be calculated by dividing the labor force by the total population.

  • (25.23 million / 35.9 million) x 100% = 70.28%

Laborland's total unemployed can be calculated by adding the number of people without a job that searched for a job during the last month.

  • 3.2 million + 1.72 million = 4.92 million people

Laborland's unemployment rate can be calculated by dividing the total number of unemployed people by the total work force.

  • (4.92 million / 25.23 million) x 100% = 19.50%

6 0
3 years ago
Karla starts her speech by saying, “Many of you know that I work closely with the AIDS Alliance agency in our city. You may also
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Answer:

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