Mario Gillespie owns 200 shares of Asset Investment

Calculate the EBIT for a firm with $4 million total revenues, $3.5 million cost of goods sold, $500,000 depreciation expense, an

Vitek1552 [10]

Answer:

$0

Explanation:

Given that,

Total revenues = $4,000,000

Cost of goods sold = $3,500,000

Depreciation expense = $500,000

Interest expense = $120,000

Earnings before interest and taxes (EBIT):

= Total revenues - Cost of goods sold - Depreciation expense

= $4,000,000 - $3,500,000 - $500,000

= $0

Therefore, the EBIT for a firm is $0.

8 0

3 years ago

If consumers buy less of a commodity when their incomes rise, this commodity is .

WINSTONCH [101]

The commodity is an inferior good.

An inferior good is one for which the quantity demanded decreases when the income of the consumer increases, or one for which the quantity demanded increases when the income of the consumer decreases. In contrast, a normal good is one for which the demand increases when the consumer's income increases.

6 0

3 years ago

The inclusion of all product and period costs necessary for making and marketing a product or service is a distinguishing featur

Neporo4naja [7]

Answer:

The correct answer is the option B: market price.

Explanation:

To begin with, the concept known as "Market Price" in the field of marketing and business refers to the specific number that will contain all the costs as well as the margin wanted to end up formulating what the customers will pay when they are wanting to buy the product or service. Therefore that the market price must include all product and period costs that are necessary for making and marketing as well the product or service itself. It is obvious that the marketing costs are as important as all the direct costs that are needed for the proper production of the product due to the fact that without it the product may not be sell to any one.

4 0

3 years ago

Suppose you inherit an apartment building from your uncle. You anticipate making some income from the rent on

alexira [117]

Answer:

Would you cut back on making repairs and keeping the building in a safe and

livable condition?

No, I would maintain the building as good as posible.

How might you keep the building in good shape and still turn a profit?

the value of the building will increase over time. Then, is a matter of patience to make a profit out of the sell of it.

Is it possible to manage the building or change it to make it both livable and profitable?

yes, What usually happens with rent control properties is that the landlords use the building for commercial or create condos use to avoid the law.

5 0

4 years ago

When looking for a car to buy, what can you learn from classified ads?

Luden [163]

The cost of car, year, make, model, mileage

4 0

3 years ago