All categories

2 years ago

What is Revenue? What is Expense?

1 answer:

3 0

Answer: Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations and Expenses are the costs required for something; the money spent on something.

You might be interested in

National Warehousing just announced it is increasing its annual dividend to $1.18 next year and establishing a policy whereby th

77julia77 [94]

Answer:

$24.38

Explanation:

The computation of the one share of worth is shown below:

= Eight-year dividend ÷ (Required rate of return - growth rate)

where,

Next year dividend for eight-year s would be

= Annual dividend × (1 + growth rate)^number of years

= $1.18 × (1 + 3.25%)^8

= $1.18 × 1.291577535

= $1.524061492

The other items rate would remain the same

Now placing these values to the formula above

So, the price would equal to

= $1.524061492 ÷ (9.5% - 3.25%)

= $24.38

6 0

3 years ago

Piechocki Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets

stich3 [128]

Answer:

The correct answer is $33,880.

Explanation:

According to the scenario, the given data are as follows:

Direct labor = $5.60 per unit

Actual level of Activity = 6,050

So, we can calculate the direct labor in planning budget by using following formula:

Direct labor in planning budget = Actual level of Activity × Direct labor

By putting the value, we get

Direct labor in planning budget = 6,050 × $5.60

= $33,880

Hence, The direct labor in the planning budget for May would be closest to $33,880.

3 0

3 years ago

Chris wants to open a family-oriented restaurant in a thriving suburban area. Chris thinks a sports-based theme and broad menu w

ella [17]

Answer:

The correct answer is letter "C": competitive barrier.

Explanation:

Competitive barriers represent obstacles for a business to start operations based on what other companies are already providing to the market. The settled companies -competitors- tend to have a preference and market share obtained through years of operations which is a threat for a new company that is looking for attracting consumers.

6 0

3 years ago

Suppose there is a simultaneous increase in the demand for rice and increase in the supply of rice. Which of the following will

patriot [66]

Answer:

C) The market learing price may rise, fall, or stay the same, but the equilibrium quantity will rise.

Explanation:

An increase in demand would lead to an increase in demand and price.

An increase in supply would lead to an increase in supply and a fall in price.

The combined effect would lead to an increase in equilibrium quantity but the effect on equilibrium price would be indeterminate.

I hope my answer helps you

6 0

3 years ago

Assume that a consumer purchases a combination of products Y and Z and that the MUy/Py = 30/2 and MUz/Pz = 45/3. To maximize uti

IrinaVladis [17]

Answer:

Make no change in Y and Z.

Explanation:

It was assumed that consumer purchases the combination of two goods, Y and Z.

$\frac{MU_{Y} }{P_{Y}}= \frac{30}{2} = 15$

$\frac{MU_{Z}}{P_{Z}}=\frac{45}{3}=15$

For maximizing the utility of the consumer, the ratio of marginal utilities must be equal to the price ratio of the products.

We can see that the ratio of marginal utilities is equal to the price ratio of the products. Hence, the consumer should not make any changes to the combination of products.

7 0

3 years ago