Answer:
sales revenue. We are going to debit profit and loss too for cost of labor if need arises.
Overpricing is a real issue
Answer and Explanation:
C) equals marginal cost: is upward-sloping
Answer:
$906.30
Explanation:
Face value (FV) = $1000
Coupon payment (C) = 7% of $1000 = $70
Yield to maturity (r) = 8% = 0.08
t = 18
Number of compounding periods (n) = 1 (annually)
Using the relation:
C[( 1 - (1 + r/n)^-nt) / (r/n)] + FV / (1 + r/n)^nt
70[(1 - (1 + 0.08)^-1*18) / (0.08/1)] + 1000 / (1 + 0.08/1)^1*18
70[1 - (1.08)^-18) / 0.08] + 1000 / 1.08^18
70[(1 - 0.2502490)/0.08] + (1000 / 3.99601949918)
70(9.3718871) + 250.24902
= $906.281117
= $906.30
Answer:
Nonprofit organisation
Explanation:
A nonprofit organisation is also known as nonbusiness entity is dedicated to promoting a social cause by taking surplus in the society to further a particular objective. Nonprofit organisations are usually exempt from tax for the contributions they receive.
There are not accountable to shareholders but rather to donors, volunteers, program recipients, and the community at large.