Answer:
$ 750
Explanation:
Total cost = average total cost × quantity = $ 2.75 × 600 = $ 1650
Total revenue = price × quantity = $ 4 × 600 = $ 2400
profit = $ 2400 - $ 1650 = $ 750
Answer:
$18,750
Explanation:
Income from investment = 25% * $75,000
Income from investment = 0.25 * $75,000
Income from investment = $18,750
The amount that will be reported by Poke as income from its investment in Shove for 20X8, if it used the equity method of accounting is $18,750
Answer:
$75
Explanation:
Calculation to determine How much must the employee include in income from both these transactions in total
Customer price for property $500
Less: Gross profit (25%*$500) ($125)
($500-$125=$375)
Employee price ($300)
INCOME $75
($375-$300)
Customer price for service $150
Less: (20%*$150)max exclusion (30)
($150-$30=$120)
Employee price 120
INCOME 0
($120-$120=$0)
Therefore the amount that the employee must include in income from both these transactions in total is $75
<span>This can create a shortage in the market. This means that there is too much demand for a good and not enough product to cover it. This creates restrictions on the products that people are allowed to buy, which decreases the profit potential.</span>
Yes and no, if you are of United States yes, if not No
