Answer:
$10,000
Explanation:
Given that
Total revenue is $70,000
Total fixed cost is $40,000
And, the total variable cost is $10,000
According to the given situation, the computation of profit is shown below:-
Profit = Total Revenue - Total Fixed cost - Total variable cost
= $70,000 - (10,000 × $4) - 10,000
= $70,000 - 40,000 - 10,000
= $10,000
Therefore for computing the profit we simply applied the above formula.
Answer:
in this order
Explanation:
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good luck <3
REALITIES
Losing money and working long hours are realities for an entrepreneur.
Starting a business is very challenging. You must be financially sound and very brave to overcome obstacles that may stop you from being successful as an entrepreneur.
That is why business proposal and studies are done to see whether starting up a business is a good and profitable idea in any given environmental factors.
<span>Geri is a minor. Without her parents' knowledge, she signs a contract to buy an airline ticket to Hawaii for spring break. Geri's parents are liable for no part of the price of the ticket. This is because minors lack the legal capacity to make a contract.</span>
If in planning her retirement liza deposits some money at 3% interest, with twice as much deposited at 4.5%. The amount deposited at each of the total annual interest is: $14,000 is invested at 4% and $28,000 is invested at 4.5%.
<h3>Amount deposited</h3>
Let x represent amount deposited at 3%
Let 2x represent the amount deposited at 4.5%
Hence:
.03x + .045(2x) = $1680
.12x = $1680
Divide both side by .12x
x=$1680/.12
x = $14,000 at 3%
So,
2x= $14,000
x=2×14,000
x=$28,000 at 4.5%
Therefore the amount deposited at each of the total annual interest is: $14,000 is invested at 4% and $28,000 is invested at 4.5%.
Learn more about the amount deposited here:
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