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2 years ago

What is the difference between profit and revenue?

Business

1 answer:

maria [59]2 years ago

7 0

Answer:

Revenue is the total amount producers receive after selling a good. Profit is the total amount producers earn after subtracting the production costs.

Explanation:

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Mint Co.'s cash balance in its balance sheet is $1,300,000, of which $300,000 is identified as a compensating balance. Additiona

Natasha2012 [34]

Answer:

Correct option is B Yes and Yes

Yes - Compensating shall be reported, And Restricted shall also be reported.

Explanation:

Compensating balance is the minimum balance to be maintained in the company's bank account as this is used by bank for offsetting loan, and used by company to set up the loan amount.

Restricted balance is a choice made by the company to not use the funds and use it later for company's growth or future projected, but still since it cannot be used it shall also be reported accordingly.

Therefore the company has the need to report such restricted balance also and compensating balance has to be reported as well.

Therefore correct option is B

Yes - Compensating shall be reported, And Restricted shall also be reported.

7 0

3 years ago

What refers to a thorough analysis of the circulation procedures, outlets of distribution, readers, and other factors by compani

Elodia [21]

Answer:

circulation audit

Explanation:

A circulation audit is a term that describes a distinct form of audit which validates publisher's real printing and distribution, and at the same time, verifies publisher's books, records, and documents relating to circulation.

In other words, it is considered as a standardized, authoritative statement of a publication's printing, distribution, and readership.

Hence, CIRCULATION AUDIT refers to a thorough analysis of the circulation procedures, outlets of distribution, readers, and other factors by companies such as ABC

4 0

2 years ago

Since nominal wages were constant as the price level changed, you explain that a decrease in the price level leads to an _______

Wittaler [7]

Answer:

increase in real wages, hiring less workers

Explanation:

In the case when the nominal wages are remain same but at the same time the level of the price should changed so if there is an decrease in the level of the price so that means there is an increased in the real wages as it is an inverse relationship between the real wages and the price level due to this the firm could hired less workers as the wages are increased

6 0

2 years ago

You are planning to save for retirement over the next 25 years. To do this, you will invest $700 per month in a stock account an

olga2289 [7]

Answer:

withdraw each month is $6,902.37

Explanation:

given data

time = 25 year

invest = $700 per month

stock amount = $300 per month

expected rate = 9% = $\frac{0.09}{12}$

bond account = 5%

return = 6%

to find out

withdraw each month from account for 20 year withdrawal period

solution

we will apply here future value formula that is

FV = $P \frac{(1+r)^t -1}{r}$ ...............1

here P is principal amount i.e $700 given and r is are and t is time

The value of the stock account at retirement will be

value of the stock account = $700 \frac{(1+\frac{0.09}{12})^{25*12} -1}{\frac{0.09}{12}}$

value of the stock account = $784,785.36

and

value of the bond account at retirement will be

value of the bond account = $300 \frac{(1+\frac{0.05}{12})^{25*12} -1}{\frac{0.05}{12}}$

value of the bond account = $178,652.91

and

so value of the two accounts combined is here

= $178,652.91+$784,785.36 = $963,438.27

monthly withdrawal from combined account is

amount = $\frac{Pv}{\frac{1- \frac{1}{(1+r)^t}}{r} }$ ...............2

amount = $\frac{963438.27}{\frac{1- \frac{1}{(1+\frac{0.06}{12})^{20*12}}}{\frac{0.06}{12}} }$

amount = $6,902.37

3 0

3 years ago

Tasks for building managers

Olegator [25]

Answer:

Maintaining a safe environment with proper

Explanation:

lighting, signage, and disability access

8 0

1 year ago