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Karo-lina-s [1.5K]
4 years ago
5

The reason economists assume that firms try to maximize economic profit is

Business
1 answer:
melisa1 [442]4 years ago
5 0
The answer is c !!!!
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The full range of long-term care services that increases in the level of acuity and complexity from one end to the other—from in
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Answer: <em>Continuum of long-term care </em>

Explanation:

The continuum of long term care mostly includes several levels of personal care and health care service that are available. It is normally referred to as the  levels of housing, health care and supportive services that are available to an individual in a given area or locality. These are also referred to as the complete range of the long-term care applications that tends to increases in  level of complexity and acuity from one point to other.

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3 years ago
Which of the following is a type of tort?
Scrat [10]

Answer:

b

Explanation:

6 0
3 years ago
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Gayne Corporation's contribution margin ratio is 12% and its fixed monthly expenses are $84,000. If the company's sales for a mo
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Answer:

the net operating income is 4.560

Explanation:

Net operating income is a calculation of revenues less cost, minus all reasonably necessary operating expenses. Having said that we can determine that the fixed expenses are included in the necessary operanting expenses unless they include depreciations and amortization. Since the text doesn’t refer to the fixed expenses as depreciations or amortization the calculation is this:

Calculate the cost if the contribution margin is 12%

Cost is equal to = (Revenue*(1-contribution ratio))= (738.000*(1-0.12))= 649.440

Then calculate the net operating income  

Net operating income = (Revenue – Cost-operating expenses) = (738.000-649.440-84.000) = 4.560

3 0
4 years ago
Parkette, Inc., acquired a 60 percent interest in Skybox Company several years ago. During 2017, Skybox sold inventory costing $
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Answer:

Please see attachment

Explanation:

Please see attachment

6 0
3 years ago
Management's statement of responsibility: Multiple Choice refers to the company's system of internal controls. emphasizes that t
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Answer:

A. to the company's system of internal controls.

Explanation:

The statement of responsibility is a statement that is usually in line with the laid down rules and the regulation of the governing body. It is a statement of the procedures that shows that the management is able to maintain a good and effective internal controls over financial reports. These are to show how reliable the informations are and to see that proper authorizations are given for transactions and that assets are safe.

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3 years ago
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