The net profit is the money that a business earns after the deduction of the expenses for a period of time.
<h3>How to calculate the net profit?</h3>
Your information is incomplete as the data is missing. Therefore, an overview will be given. In order to calculate the net profit, it's important to know the gross profit.
The formula to calculate the net profit will be:
= Total revenue - Total expenses
Learn more about profit on:
brainly.com/question/19104371
Question Completion:
Journalize the adjusting entries:
Answer:
Yazici Advertising
Adjusting Journal Entries:
Date Account Titles Debit Credit
October 31:
1. Supplies Expense $1,500
Supplies $1,500
To record the supplies expense for the year ended October 31.
2. Insurance Expense $50
Prepaid Insurance $50
To record the insurance expense for the month of October.
Explanation:
a) Data and Analysis:
October 31:
1. Supplies Expense $1,500 Supplies $1,500 ($2,500 - $1,000)
2. Insurance Expense $50 Prepaid Insurance $50 ($600 * 1/12)
3. From the scenario, the year-end is October 31.
Answer:
Current market price (Po) = $50
Growth rate (g) = 7%
Dividend paid (Do) = $1
Required return (Ke) = ?
Po = Do<u>(1 + g)</u>
Ke - g
$50 = $1<u>( 1 + 0.07)</u>
ke - 0.07
$50 = <u> 1.07</u>
Ke - 0.07
$50(Ke - 0.07) = $1.07
50Ke - 3.5 = $1.07
50Ke = $1.07 + $3.5
50Ke = $4.57
Ke = 4.57/50
Ke = 0.0914 = 9.14%
Explanation:
The current market price of a stock equals current dividend paid, subject to growth rate, divided by the difference between required rate of return and growth rate. The current market price, growth rate and current dividend paid were provided in the question with the exception of the required return (Ke). Thus, the required return becomes the subject of the formula.
Answer:
Document
Explanation:
Remittance advice is a document sent by a customer to a seller, informing the seller that an invoice has been paid.
If the long-run average total cost curve for a firm is horizontal in a relevant range of production, then it indicates that there (B) are constant returns to scale.
<h3>
What is the long-run average total cost curve?</h3>
- The long-run average cost (LRAC) curve depicts the firm's lowest cost per unit at each output level, assuming that all production parameters are changeable.
- The LRAC curve presupposes that the firm has determined the best factor mix for creating any amount of production, as discussed in the previous section.
- To derive the long-run total cost function, we take the expansion path's total cost and quantity pairs.
- "When all factors of production are variable, the long-run total cost function displays the lowest total cost of generating each amount."
- If a firm's long-run average total cost curve is horizontal in a relevant production range, it shows that there are consistent returns to scale.
As the description states, if a firm's long-run average total cost curve is horizontal in a relevant production range, it shows that there are consistent returns to scale.
Therefore, if the long-run average total cost curve for a firm is horizontal in a relevant range of production, then it indicates that there (B) are constant returns to scale.
Know more about the long-run average total cost curve here:
brainly.com/question/10205972
#SPJ4
Complete question:
If the long-run average total cost curve for a firm is horizontal in a relevant range of production, then it indicates that there
A. isn't a minimum efficiency scale.
B. are constant returns to scale.
C. are diseconomies of scale.
D. are economies of scale.
