Why is real estate often a great investment?

Melissa Thomas leads the marketing research division at Tronics Inc., a manufacturing company based in Alabama. To improve futur

bekas [8.4K]

The answer is online surverys!! Hope this helps

3 0

3 years ago

Tactical plans specify how a company will use resources, budgets, and people to accomplish specific goals within its mission

Neporo4naja [7]

Answer:

A. True

Explanation:

Tactical planning outlines the short-term steps and actions that should be taken to achieve the goals described in the strategic plan.

8 0

3 years ago

Stockholders’ equity totaled $94,000 at the beginning of the year. During the year, net income was $24,000, dividends of $9,000

Scilla [17]

Answer:

$131,000

Explanation:

Given that,

Stockholders’ equity at the beginning = $94,000

net income = $24,000

Dividends paid = $9,000

Common stock issued = $22,000

Stockholders' equity at the end:

= Stockholders Equity at the beginning + Net Income - Dividend + Common stock issued

= $94,000 + $24,000 - $9,000 + $22,000

= $131,000

Therefore, the total stockholders' equity at the end of the year is $131,000.

7 0

3 years ago

Mikail's perfectly competitive camera memory card–producing factory is making positive economic profits. If the price of memory

irina1246 [14]

Answer:

B. $6000

Explanation:

Given that

Price = $9

Average total cost (ATC) = $7

Output (Q) = 3000

Two methods can be used in calculating profit in this case.

The first method is

Profit = (price - ATC) × Q

= (9 - 7) × 3000

= 2 × 3000

= $ 6000

The second method is

Profit = Total revenue (TR) - Total Cost (TC)

Where TR = Price × Q = 9 × 3000 = $27000

TC = ATC × Q = 7 × 3000 = $ 21000

Therefore,

Profit = 27000 - 21000

= $6000

Any method used will result to the same answer.

NOTE THAT,

ATC = Total cost / Q.

So change of formula was used to obtain Total cost from this formula.

4 0

3 years ago

Wildhorse Construction Company had a contract starting April 2021, to construct a $24900000 building that is expected to be comp

jek_recluse [69]

Answer:

The construction in process amount reported at December 2021 is $13,695,000

Explanation:

In this question, we are asked to state the amount the company will report construction in the process of.

Firstly, we calculate the profit = Total contract price - Expected costs of contract = $24,900,000-$22,900,000 = $2,000,000

The profit in percentage of cost is; 2,000,000/22,900,000 = 8.73%

The costs incurred in 2021 is $12,595,000

The proportionate profit = 12,595,000 * 8.73 = $1,100,000

The construction in process at December 2021 = Cost incurred + Proportionate profit = 12,595,000 + 1,100,000 = $13,695,000

3 0

3 years ago