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3 years ago

Suppose that the firm you manage faces the following costs:

Business

1 answer:

zysi [14]3 years ago

6 0

Answer:

d. $3

Explanation:

Quantity Total Cost Fixed cost Total var. marginal cost

0 $3 $3 0 0

1 $5 $3 $2 $2

2 $7 $3 $4 $2

3 $10 $3 $7 $3

4 $15 $3 $12 $5

the variable cost of the third unit is equal to the marginal cost of producing it.

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If you were interested in evaluating the profitability of a company and could have only limited historical data, would you prefe

Rudik [331]

I will prefer to know the OPERATING INCOME. Operating income refers to the operating profits of a company before the taxes and interests are removed. It reflects the true situation of the company and can be used to analyse if a company is making profits from its manufacturing process or not. The net income of a company has some expenses and costs that do not reflect the core operations of the company.

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3 years ago

The City of Breukelen maintains a rapid transit system, which is accounted for in a proprietary fund called Breukelen RTS. Based

mestny [16]

Answer:

The City of Breukelen

Breukelen RTS

Statement of revenues, expenses, and changes in net position

For the year ended December 31, 2019

Particulars Amount$ Amount$

Revenues

Operating Revenue 3,150,000

Operating Expenses

Train operating expenses 2,430,000

Track and maintenance expenses 565,000

Depreciation expenses 325,000

Total operating expenses 3,320,000

Operating loss (170,000)

Non-Operating revenue (Expenses)

Investment income 50,000

Interest expenses 320,000

Total Non-operating (expenses) (270,000)

Loss before transfer (440,000)

Transfer from City of B 500,000

Change in net assets 60,000

Total net position (beginning) 7,430,000

Total net position (ending) 7,490,000

6 0

3 years ago

In a _____ plant strategy, plants have the flexibility and capability to produce a range of products. This leads to greater resp

ExtremeBDS [4]

Answer:

The correct answer is general-purpose.

Explanation:

When it comes to general-purpose plant strategies, it allows plants to be more flexible than usual and produce a whole variety of products, instead of just focusing on one or few products. This way, plants can diversify easily and cater to their clients' needs and be far more productive and successful.

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3 years ago

The statement of owner's equity: Multiple Choice

QveST [7]

Answer:

E. Reports how equity changes over a period of time.

Explanation:

Statement of owner's equity as the name suggests is the statement which describes the changes in owner's equity, as it is obvious that the change cannot occur at a point of time, it will occur over a period of time.

And therefore, the statement is prepared over a period generally for a fiscal year, or a financial year.

There is no statement prepared to show any change in owner's equity at a point.

Statement reporting cash flows is called cash flow statement.

Therefore, correct option is:

Statement E

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3 years ago

Question 12 Which answer illustrates "compound interest"?

Ber [7]

Answer:D

Explanation:

7 0

3 years ago