1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MissTica
3 years ago
5

Halp! I need an answer right away Thank you

Business
1 answer:
garri49 [273]3 years ago
7 0

Answer:

see below

Explanation:

Revenue is the money a business receives by engaging in its normal trading activities. It is the money paid to the business for selling goods or services to clients.  For a business to be profitable, its revenues must exceed expenses.

If the business owner has revenue of $2000 and is finding it difficult to stay in business, it means the expenses are almost or more than $2000. Revenue, as stated, is generated from sales. Expenses refer to the costs incurred in generating revenue. They include the cost of materials, rent, wages, and all other business-related expenses.

When the expenses are more than revenue, the business suffers losses. This business owner is probably incurring losses; that's why they have a challenge in staying open.

You might be interested in
A deep sea diving bell is being lowered at a constant rate. After 12 ​minutes, the bell is at a depth of 400 ft. After 50 minute
ella [17]

Answer: After 50 minutes the bell is at a depth of 2000 ft so we can find the average rate by

2000/50 =40 ft per minute.

We ignore the 400 ft in 12 minutes because that is included when we take out the average at 50 minutes and adding it in would be an error of doubly entry.

Explanation:

6 0
3 years ago
An increase in the standard of living results from an increase in which of the following?​
Alenkinab [10]

Income and employment.

Standard of living is the level of wealth and comfort available to individuals.

7 0
3 years ago
Read 2 more answers
Towne Snow Removal's cost formula for its vehicle operating cost is $1,470 per month plus $399 per snow-day. For the month of No
kodGreya [7K]

Answer: $5061

Explanation:

The vehicle operating cost in the flexible budget for November would be calculated as:

= Fixed cost + (Variable cost per unit × Quantity)

= $1470 + ($399 × 9)

= $1470 + $3591

= $5061

Therefore, the vehicle operating cost in the flexible budget for November would be closest to $5061.

8 0
3 years ago
Johnson thermal products used austenitic nickel chromium alloys to manufacture resistance heating wire. The company is consideri
Alla [95]

Answer:

The correct option is c. $1,103,784.

Explanation:

This can be calculated using the formula for calculating the present value of an ordinary annuity as follows:

PV = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)

Where;

PV = Present value or cost of the new process = $3.7 million = $3,700,000

P = Annual savings to recover the investment in 5 years = ?

r = interest rate = MARR + Inflation rate = 12% + 3% = 15%, or 0.15

n = number of years = 5

Substitute the values into equation (1)  and solve for P, we have:

$3,700,000 = P * ((1 - (1 / (1 + 0.15))^5) / 0.15)

$3,700,000 = P * 3.3521550980114

P = $3,700,000 / 3.3521550980114

P = $1,103,768

From the options, the closet figure to $1,103,768 is c. $1,103,784. The difference is due the difference I rounding. Therefore, the correct option is c. $1,103,784. That is, the amount that must be saved each year to recover the investment in 5 years is $1,103,784.

6 0
3 years ago
Jensen Company reports the following: Direct materials used $345,000 Direct labor incurred 250,000 Factory overhead incurred 400
marshall27 [118]

Answer:

Jensen Company's product costs are c. $995,000

Explanation:

Product costs are costs that are incurred to create a product. Product costs include direct material, direct labor, and factory overhead.

In Jensen Company: Direct materials used $345,000 Direct labor incurred 250,000 Factory overhead incurred 400,000.

Jensen Company's product costs = direct material + direct labor + and factory overhead = $345,000 + $250,000 + $400,000 = $995,000

7 0
4 years ago
Other questions:
  • Pak Co.'s professional fees expense account had a balance of $82,000 at December 31, Year 1, before considering year-end adjustm
    14·1 answer
  • Malander Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant
    10·1 answer
  • Knowing that you are buying one pound of bread is part of _____. contract enforcement property rights standards for weights and
    12·2 answers
  • Mutual agency means:_______.
    11·1 answer
  • When the price of a good increases, the quantity demanded ______. when the price of a good decreases, the quantity demanded?
    10·1 answer
  • The demand function for a product is defined as Q = 24 – 2 P. If price is equal to 4, then the price elasticity of demand is A.
    6·1 answer
  • Company had net income of $265,307. Depreciation expense is $27,888. During the year, Accounts Receivable and Inventory increase
    11·1 answer
  • A prototype is a Group of answer choices mental grouping of similar objects, events, ideas, and people. step-by-step procedure f
    9·1 answer
  • Worth Company reported the following year-end information: beginning work in process inventory, $180,000; cost of goods manufact
    9·1 answer
  • A treasury___is issued by the US government, and is considered very safe. The options are:
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!