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PolarNik [594]
2 years ago
8

If the market price is $60, a firm's minimum average total cost is $70, and minimum average variable cost is $50, what should th

e firm do in this perfectly competitive market
Business
1 answer:
svet-max [94.6K]2 years ago
3 0

Answer:

it shouldn't violate historic cost principal because it is not going to shut down it's business so therefore it should value the assets on the market price not on the cost of purchase price

Explanation:

above is the explanation,you should think of the answers and so doing your hw from this app.

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A retail property valued at $710,000 earns $4,650 per month. What is the annual percent of return?
Paul [167]

Answer:

7.9%

Explanation:

The rate of return is the ratio of return to the amount invested.

Since the property earns $4,650 per month,

Therefore;

$4,650 × 12 = $55,800

To get the annual rate of return,

= Monthly returns on property/Value of profit×100%

= $55,800/$710,000

=7.9%

4 0
3 years ago
Jack transferred a building that had an adjusted basis of $75,000 and a fair market value of $130,000 to R Corp. in exchange for
schepotkina [342]

Answer:

A. $30,000  

Explanation:

Jack realises gain of ( 100000 FMV of stock + 30000 FMV of car - 75000 Adjusted basis )

$ 55000

Jack recognises gain of $ 30000 i.e the FMV of the property ( car ) other than the stock received.

Therefore, The amount of gain that R must recognize on the exchange is $30,000.

4 0
3 years ago
Legal and political practices such as quotas, tariffs, and business practice laws fall under the larger category of _____.
Sidana [21]

There are lots of government practices. Legal and political practices such as quotas, tariffs, and business practice laws fall under the larger category of protectionism.

<h3>What is protectionism?</h3>

Protectionism is known to be a type of policy that is often applied in  protecting domestic industries against any kind of foreign competition through the use of tariffs, subsidies, import quotas, etc.

A common example of protectionism is simply the Common Agricultural Policy (CAP) of the European Union. The European Union is said to often imposes an amount of  tariff rates on a lot of agricultural markets.

Learn more about political practices from

brainly.com/question/7807133

3 0
2 years ago
The Roberts family just received news from Jo-Anne Roberts' employer that she was receiving a prestigious promotion to Corporate
vazorg [7]

Answer:

Of course Jo-Anne Roberts can keep the apartment.

Explanation:

Jo-Anne and the previous owner of the apartment had a valid contract by which Jo-Anne was to pay $3.7 million for the apartment. She has already partially completed her performance on the contract, so the seller must perform his part of the contract.

8 0
3 years ago
Zoum Corporation had the following transactions during the year: Issued $250,000 of par value common stock for cash. Recorded an
ANTONII [103]

Answer:

-$210,000

Explanation:

Issued Common Stock at par for Cash $250,000

Less:

Declared and paid a cash dividend $20,000

Repayment of 6-year note payable $440,000

Net Cash provided by Financing Activities ($210,000)

8 0
3 years ago
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