Answer:
measures the rate of return on the book value of shareholders' total investment in the company.
Explanation:
Return on equity is referred to by the acronym ROI measures the rate of return on the book value of shareholders' total investment in the company.
The formula for calculating Return on Investment is Net Profit as a percentage of Total Investment.
Total investment here refers to net worth, which is total assets minus total liabilities; which gives the same value as equity.
That explains why the measure is referred to as Return on equity.
Answer:
1- B. Expense will be $140,000 and liability will be $250,000
2- d. $250,000
3- d. $250,000
Explanation:
The expense will be $140,000 which is calculated by year 1 and year 2 percent filled. The calculation is as follows:
Year 2 liability : $1,000,000 * 25% = $250,000
Year 1 liability : $1,000,000 * 11% = $110,000
Year 2 expense = $140,000.
Firms that buy goods and services and sell them at a profit.
Re-sellers purchase things with the intent of selling them to other people and businesses and do not produce new goods or services.
Answer:
$22,000F
Explanation:
Calculation to determine what The activity variance for revenue for October would have been closest to:
Activity variance for revenue= (5,500*19) - (5,500*23)
Activity variance for revenue=$104,500-$126,500
Activity variance for travel expense =$ 22000 F
Therefore The activity variance for revenue for October would have been closest to:$22,000 F
If a perfect competition firm is producing a quantity where mc < mr, then profit can be increased by increasing production.
Because competing businesses compel them to adopt the market's current equilibrium price, a perfectly competitive firm is referred to as a price taker. A company will forfeit all of its sales to rivals if it increases the price of its product by even a penny in a highly competitive market.
There are numerous buyers and sellers in a market with perfect competition, and prices always reflect supply and demand. The businesses can enhance profit by raising output if it is producing at a level where MR > MC, such as 40 or 50 packs of raspberries. This is because the marginal revenue is higher than the marginal cost
Learn more about perfect competition here:
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