From the instantaneous response that Natalie experienced, the answer should be C) Sensation.
Answer: B. The firm hires 45 workers and earns a $1,200.00 Economic Profit
Explanation:
If the Market Equilibrium rate is $105 then the company should hire 45 workers as shown in the table.
If they did that, revenue would be $7,425
Expenses would be wages and fixed costs:
= Wages + fixed costs
= (45 workers * wage rate) + 1,500
= (45 * 105) + 1,500
= $6,225
Economic profit would be:
= 7,425 - 6,225
= $1,200
A
relatively new type of very fast direct connection available to homes and
businesses in areas where there is fiber-optic cabling available all the way to
the building is generically called fibr optic broadband.
Fibr
optic broadband, from the name of its material uses fiber-optic cables
guarantees faster and more stable and reliable connection compared to the DSL
connection. Fibr connection can also cover far distances up to 100 kilometers
compare to DSL connection which uses copper wire cable that has the limit of
only 100 meters.
<span>Fibr
optic broadband also assures more bandwidth and no lags when it comes to large
data applications.</span>
Answer: c. $18,000
Explanation:
Provision for doubtful accounts estimate;
= 600,000 * 3%
= $18,000
This is the Percentage of sales method and it ignores the existing balance in the Provision for doubtful accounts using only the estimate provided.
Answer:
$784,700
Explanation:
Data provided
Revenue from sales = $762,000
Decrease in accounts receivables = $22,700
The computation of cash received from customers is shown below:-
Cash receipts from customers = Revenue from sales + Decrease in accounts receivables
= $762,000 + $22,700
= $784,700
Therefore for computing the cash received from customers we simply applied the above formula.
