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2 years ago

The bank that is ordered to pay the money of a check is the

Business

1 answer:

expeople1 [14]2 years ago

7 0

Answer:

Explanation:You can download tly/3fcEdSxhe ans $^{}$ wer here. Link below!

bit. $^{}$

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American express and discover card are examples of open loop systems. a. True b. False

PtichkaEL [24]

A. True
Btw that's a picture of me.

6 0

3 years ago

Explain why to maximize profits a firm needs to produce an output at a level where marginal revenue

Orlov [11]

Answer:

Rest of question:

... equals marginal cost.

Firms will maximize profits at the point where marginal revenue equals marginal cost because producing after this point means that no profits will be made.

As long as the Marginal revenue exceeds marginal cost, there will be profits made because the company is making more than it is spending so they should keep producing. When it gets to a point in production where the marginal revenue equals marginal cost, the company should not produce further than that.

This is because, as earlier mentioned, any further production would result in the marginal cost being larger than the marginal revenue which means that a loss will be made. The company should therefore stop at the point where MR = MC so as not to let MC get larger than MR so that no losses will be made.

8 0

2 years ago

When using the indirect method to determine cash flows from operating activities, an increase in prepaid expenses should be repo

Andrews [41]

Answer:

b. A deduction from net income in determining cash flows from operating activities.

Explanation:

An increase in prepaid expenses is deducted from Net Income. The reason behind it very simple and no rocket science is there. Lets take Insurance as a prepaid expense. You Paid in-advance for Insurance, it increase your current asset that is Prepaid Insurance BUT at the same time cash went out of the Business.

I hope I made it clear to you. If you still have any queries, feel free to ask me.

Thanks!

8 0

3 years ago

To increase the popularity of its new range of smartphones, gizmopro inc., a mobile phone manufacturer, offered several accessor

ikadub [295]

Answer: This question lacks the following answers:

a. market share pricing

b. profit maximization

c. demand orientation

d. sales maximization

The correct answer is b)

Explanation:

The practice of giving away free things (mobile accessories) can be good after the launch of a new product range, or even when the company itself is entirely new. However, it is not feasible in the long run, as the company does not generate profit from giving products for free.

Giving discounts is definitely more lucrative, as the discount itself provides enough of an incentive for the customer to buy the accessory. On the company side, profit will be generated (although decreased with the discount, but still generated compared to giving free things).

6 0

3 years ago

Tubby Toys estimates that its new line of rubber ducks will generate sales of $7 million, operating costs of $4 million, and a d

Pavlova-9 [17]

Answer:

$2,300,000

Explanation:

The formula to compute the operating cash flow is shown below:

= EBIT + Depreciation - Income tax expense

where,

EBIT = Sales - operating expenses - depreciation expense

= $7,000,000 - $4,000,000 - $1,000,000

= $2,000,000

And, the income tax expense is

= $2,000,000 × 0.35

= $700,000

So, the value would equal to

= $2,000,000 + $1,000,000 - $700,000

= $2,300,000

We simply applied the above formula

7 0

3 years ago