Answer:
Satellite Media Tour
Explanation:
A satellite media tour is the media tour that establishes the public relations with respect to the stories with the audience via television, radio, etc. It can be accessed from anywhere at any time.
Here, live interviews are also conducted that seems the cost effective and direct way to communicate with the audience
Therefore the given situation represents the Satellite Media Tour scenario
a) Yes, $67 exceeds the loss—minimizing output.
Using the MR
They will produce 9 units.
Profits per unit = $67 - $50 = $17
Total profit =
$153.
(b) Yes, $42 exceeds the loss—minimizing output.
Using the MR
They will produce 6 units
Loss per unit is = $42 - $47.50 = $5.50
Total loss = $33 (= 6 x $5.50), which is less than the total fixed cost of $60.
c) No, because $33 is less than AVC. If it did produce, the quantity will be 4—By producing 4 units, it would lose $78 [= 4 ($33 - $52.50)]. and if they didn't produce, it would lose only the total fixed cost of $60.
Answer:
a. Producer surplus
b. Neither
c. Consumer surplus
Explanation:
The producer surplus is the difference between the minimum price a producer is willing to accept for a product and the price he actually gets.
The consumer surplus is the difference between the maximum price a consumer is willing to pay for a product and the price he actually gets.
a. Here, the person gets $189 for his laptop but he was willing to accept $180 as well. This is an example of producer surplus. The producer surplus, in this case, is $9.
b. In this example, we only know the price that the producer actually received and the price the consumer actually paid. The maximum price the consumer was willing to pay or the minimum price that the producer was willing to accept is not mentioned. So this is neither an example of producer surplus nor consumer surplus.
c. Here, the consumer was willing to pay $47 for a sweater, but he actually has to pay $40. This is an example of consumer surplus. The consumer surplus is equal to $7.
Answer:
![\left[\begin{array}{ccc}$Net Sales&&1950000\\$Cost of Goods sold&&1200000\\$Gross Profit&&750000\\$Operating Expenses:&&\\$selling expenses&&95,000\\$Administrative expenses&&70,000\\$Operating Profit&&585000\\\\$Other Revenues and Gains&&\\$Dividend Revenue&30000&\\$Interest Revenue&20000&50000\\&&635000\\$Other expenses and losses&&\\$Interest expense&45000&\\$goodwill impairment&75000&120000\\Income before Income tax&&515000\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D%24Net%20Sales%26%261950000%5C%5C%24Cost%20of%20Goods%20sold%26%261200000%5C%5C%24Gross%20Profit%26%26750000%5C%5C%24Operating%20Expenses%3A%26%26%5C%5C%24selling%20expenses%26%2695%2C000%5C%5C%24Administrative%20expenses%26%2670%2C000%5C%5C%24Operating%20Profit%26%26585000%5C%5C%5C%5C%24Other%20Revenues%20and%20Gains%26%26%5C%5C%24Dividend%20Revenue%2630000%26%5C%5C%24Interest%20Revenue%2620000%2650000%5C%5C%26%26635000%5C%5C%24Other%20expenses%20and%20losses%26%26%5C%5C%24Interest%20expense%2645000%26%5C%5C%24goodwill%20impairment%2675000%26120000%5C%5CIncome%20before%20Income%20tax%26%26515000%5C%5C%5Cend%7Barray%7D%5Cright%5D)
![\left[\begin{array}{ccc}$Income before Income tax&&515000\\$Income tax&&154500\\$Income from continued operations&&360500\\&&\\$Discountinued&&\\$Gain at disposal&300000&\\$Loss from operations&220000&80000\\$Income tax&&24000\\$Income from Discontinued operations&&56000\\&&\\$Net Income&&416500\\$Outstanding Shares &20,000&\\EPS&&20.825\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D%24Income%20before%20Income%20tax%26%26515000%5C%5C%24Income%20tax%26%26154500%5C%5C%24Income%20from%20continued%20operations%26%26360500%5C%5C%26%26%5C%5C%24Discountinued%26%26%5C%5C%24Gain%20at%20disposal%26300000%26%5C%5C%24Loss%20from%20operations%26220000%2680000%5C%5C%24Income%20tax%26%2624000%5C%5C%24Income%20from%20Discontinued%20operations%26%2656000%5C%5C%26%26%5C%5C%24Net%20Income%26%26416500%5C%5C%24Outstanding%20Shares%20%2620%2C000%26%5C%5CEPS%26%2620.825%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Explanation:
The ommited depreciation expense and prior years change will not impact the current income statemnt these wil go directly against retained earnings as we will in vilation of the accounting principle of mathcing the expenses at the time they occur.
First, we solve for gross profit
Then, for other revnues and expense and the income from continued operations
The discounted operations are listed net of taxes
Then, we solve for the net incoem and EPS which si the quotient between the net income and the earnings per share.
Answer:
C. applied research.
Explanation:
Once basic research has been performed, and has landed results that are relevant to an organization, the same organization can run applied research in order to find, from the basic research results, useful applications that can be put in the market.
For example, in the pharmaceutical sector, basic research in pure biology is often turned into practical application (new medications) through applied research within the pharmaceutical companies.
