Un aumento del producto en la economía estadounidense provoca:

A high-definition tv costs a company $3,300 to manufacture. if it sells for $6,732, what is the percent markup based on cost? (r

Anastaziya [24]

The cost of TV to the company = $3300 Selling price of TV = $6732 Hence Markup = 6732-3300 = $3432 Percentage Markup =3432/3300 x 100 =104% Hence percentage markup cost = 104%

6 0

3 years ago

Esquire Comic Book Company had income before tax of $1,700,000 in 2016 before considering the following material items:

marshall27 [118]

Answer:

Esquire Comic Book Company

Income Statement

For the Year Ended December 31, 2016

Income from continuing operations $1,700,000

Restructuring costs ($75,000)

Income form continuing operations before taxes $1,625,000

Income taxes ($650,000)

Net income from continuing operations $975,000

Discontinued operations:

Income from discontinued operations $640,000

Loss on disposal of division ($420,000)

Income from discontinued operations before taxes $220,000

Income taxes ($88,000)

Net income from discontinued operations $132,000

Total net income $1,107,000

7 0

4 years ago

Suppose the company that owns the vending machines on your campus has doubled the price of a can of soda and yet they sell almos

777dan777 [17]

Answer:

These are the answer choices for the question:

Students do not have good nutritional information.

Soda purchases represent a large fraction of students' budgets.

There are few other places to purchase soda on campus.

The price elasticity of demand for soda is equal to 1.

And this is the correct answer choice:

There are few other places to purchase soda on campus.

Explanation:

If vending machines raise the price of soda by two, by the still sell almost the same amount, this means that they have a monopoly over the selling of soda in campus, and that students continue to buy there because they do not have any other feasible alternatives.

This is the problem with monopolies: they can charge very high prices and still make a profit because they will always have demand, but this very act makes consumers worse off, and reduces general social welfare.

5 0

3 years ago

GDP tends to _____. rev: 04_09_2018 Multiple Choice overstate economic welfare, because it does not include certain nonmarket ac

yaroslaw [1]

Answer:

understate economic welfare, because it does not take into account increases in leisure

Explanation:

While GDP is often used as an index to assess the standard of living of a state or country, there are a number of limitations to this indicator. GDP does not take into account entertainment, health and education costs, off-market operations, nature of the environment etc.

Therefore the second option is correct

5 0

4 years ago

Additional information: During the year, $70 of common stock was issued in exchange for plant assets. No plant assets were sold

stepan [7]

Answer:

Net increase in cash = $650

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question. See the attached pdf for the complete question.

Also note: See the attached excel file for the statement of cash flows using the indirect method.

From the attached excel file, we have:

Net cash flow from operating activities = $830

Net cash flow from investing activities = $30

Net cash from financing activities = -$210

Net increase in cash = $650

Download xlsx

xlsx

pdf

3 0

3 years ago