Answer:
Income Statement
Sales $7.500
Salaries expense -$1.300
Utilities expense -$1.100
Net Income 5.100
Explanation:
Answer:
Statement true for Imperfect Competition Markets
Explanation:
Marginal Revenue Product is additional revenue due to hiring of additional input, it is product of marginal product & marginal revenue = MP x MR
Value Marginal Product is money value of additional production with additional input, product of marginal product (MP) & price (AR), = MP x AR
Input demand curves are derived demand curves, derived from demand of final goods. In perfect competition, demand is perfectly inelastic & horizontal, AR = MR, so MRP = VMP in this case. In imperfect competition market (oligopoly, monopoly etc) - MR < AR, so MRP < VMP in this case.
Answer:
Answer d
Explanation:
Mergers and acquisitions from legal point of view differ in a way that acquisition happens when entity takes ownership of another entity's stock, equity interest or assets, while merger is a consolidation of two entities into one. Except for answer d, all other examples are purchases of another company's stocks or assets. Acquisition therefore means takeover of a company by another company, while a merger usually means consolidation of two companies into one based on mutual agreement and with one management
Answer:
600
Explanation:
60×10=600 (this is the cost)
1200-600=600
