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makkiz [27]
3 years ago
14

MARKETING/BUSINESS helpppp

Business
1 answer:
Aleonysh [2.5K]3 years ago
8 0

Answer:

$8,470

Explanation:

Planned sales = 5000 units

selling price = $4

production cost= $1

Overhead = $5000

Social security = 15.3%

Revenue = units sold multiplied by the selling price

Revenue =5000 x 4

=$20,000

COGS =$5000 x 1 =$5000

Taxes =

Revenue :$20,000

Minus COGS: $5000

= Gross income: $15,000

Minus overhead: $5,000

=Net profit: $10,000

Minus taxes: $1,530( 15.3/100 x 10,000)

=NPAT: $8,470 ($10,000 -$1,530)

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Suppose that nominal gdp is $1,000 in 2009 and $1,500 in 2010. if the overall price level _____ between 2009 and 2010, we could
Zolol [24]
The answer is: increased by 50%; stayed constant. 
8 0
4 years ago
A firms supply curve is equal to _________________ above the minimum point on the ________________curve. Select the correct answ
Sergio [31]

Answer:

The correct answer is: marginal cost; average variable cost.

Explanation:

The supply curve of a perfectly competitive firm is equal to its marginal cost curve above the minimum point of its average variable cost. This happens because the firm supplies at the point where its price is equal to marginal cost and covering the average variable cost.  

In case the product price does not cover the average variable cost, the firm will stop production.

3 0
3 years ago
Garda purchased $530,000 of merchandise in August and expects to purchase $670,000 in September. Merchandise purchases are paid
pashok25 [27]

Answer:

$579,000

Explanation:

The cash payment in September would be made of 35% purchases in September and 65% of the purchase made in August (the previous month).

Hence

Cash payment in September = (35% × $670,000) + (65% × $530,000)

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the cash payment for September is $579,000

3 0
3 years ago
Required: Journal entry
lisabon 2012 [21]

Answer:

If a cheque was being issued to settle a account payable, the relevant entry is to debit the accounts payable account to show that the debt is being reduced. You will then credit the cash account to show that cash is being reduced as well because it was used to pay off the debt.

Date                    Account Title                                           Debit               Credit

XX-XX-XXXX     Accounts Payable - Saurya Stores     Rs. 39,000

                           Cash                                                                            Rs. 39,000

7 0
3 years ago
What happens to the equilibrium price when supply goes down? A. The price goes up. B. The price goes down. C. The price stays th
Nady [450]
When supply goes down, the equilibrium price goes up. This is because if there is a smaller supply the good becomes more valuable to people who want the good.
4 0
4 years ago
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