Total profits and losses are determined by:_______

a. subtracting explicit costs from total revenue.
b. subtracting implicit costs from total revenue.
c. adding total cost to total revenue.
d. subtracting total cost from total revenue

Answers

Answer 1

Answer:

The correct option is d. subtracting total cost from total revenue.

Explanation:

Total revenue refers to total amount of receipts than can be gotten from the sales of goods or services by a seller to buyers.

Total cost can described as the addition of all costs incurred in order to produce a particular level of output by an organization.

Total Total profits and losses are determined by subtracting total cost from total revenue as given below:

Total profits (losses) = Total revenue - Total cost

Therefore, the correct option is d. subtracting total cost from total revenue.


Related Questions

1. Values in a chart must be:
Select the correct option.
O a. Numbers
O b. Words
O c. Months
O d. Columns

Answers

Answer:

a. Numbers

Explanation:

The values in a chart represent data. Anyone reading a chart should be able to interpret the information presented with relative ease. Due to the space factors, the values of a chart are always in numbers.  Values in number form take little space compared to words.

Numbers are clear and easy to understand for everyone. When a value is very big, writing it in words may pose a challenge for some people to understand.

For Wildhorse Company, variable costs are 68% of sales, and fixed costs are $199,000. Management’s net income goal is $77,800. Compute the required sales in dollars needed to achieve management’s target net income of $77,800. (Use the contribution margin approach.)

Answers

Answer: $865000

Explanation:

Contribution margin ratio would be gotten as:

= 100% - 68%

= 32%

= 0.32

Then, the desired sales would be:

= (Fixed cost + desired profit) / CM ratio

= (199,000 + 77800) / 0.32

= 276800 / 0.32

= $865000

b. Now suppose instead that housing credits are withdrawn gradually at a rate of $500 for each $1,000 that someone is earning above the wage limit of $26,500 per year. Assuming Layla earns an extra $7,500 per year above her original wage of $35,000 per year, how large will her housing credit be

Answers

Answer: $0

Explanation:

Layla qualifies for $8,000 in housing credits.

These are withdrawn at $500 for every $1,000 she earns above the wage limit of $26,500

Layla's annual income = 35,000 + 7,500

= $42,500

Amount earned above limit = 42,500 - 26,500

= $16,000

Amount of housing credit withdrawn is $500 per thousand so for $16,000, $8,000 will be withdrawn from her housing credit.

Housing credit = 8,000 - 8,000

= $0

(b) A company had an average inventory last year of $208,000 and its inventory turnover was 6. If sales volume and unit cost remain the same this year as last and inventory turnover is 8 this year, what will average inventory have to be during the current year

Answers

Answer: 156000

Explanation:

The average inventory during the current year would be calculated as follows:

Inventory Turnover Ratio = Cost of goods sold / average inventory

where,

Inventory turnover = 8

Cost of goods sold = $208,000 × 6 = $1,248,000

Average inventory = Unknown

Therefore, 8 = 1248000 / Average inventory

Average inventory = 1248000 / 8

Average inventory = 156,000

Now suppose instead that housing credits are withdrawn gradually at a rate of $500 for each $1,000 that someone is earning above the wage limit of $28,500 per year. Assuming Layla earns an extra $2,000 per year above her original wage of $29,500 per year, how large will her housing credit be

Answers

Answer:

Housing credit will be = $6000

Explanation:

Solution:

As, this question is not complete, it lacks essential data to proceed. But I have  found that data on internet and will be solving this question accordingly.

Data given:

Layla's wages per year = $29500

Housing credits = $7500

Layla's new income with Housing credit = $37000

As given in question:

Layla earns an extra $2000 per year above her original wage.

New Layla's income per year = $31500

So, now,

Layla's income without housing credit = $31500

Wage limit allowed = $28500

So, Layla earns $3000 more than wage limit

Hence,

$500 for $1000

$1500 for $3000

So, $3000 will be deducted from the housing credit

So,

Layla's total income = $31500 + ($7500 - $1500)

Layla's Total income = $31500 + $6000

Layla's Total income = $37500

Where,

Housing credit will be = $6000

you are considering a project with the cash flows given below. calculate the present value of the future cash flows of the project. discount rate 25%

Answers

Answer:

the present value of the future cash flows is $846.57

Explanation:

The computation of the present value of the future cash flows is shown below:

The Present value of inflows is

= Cash inflows × Present value of discounting factor (rate%,time period)

= $100 ÷ 1.25 + $200 ÷ 1.25^2 + $300 ÷ 1.25^3 + $400 ÷ 1.25^4 + $500 ÷ 1.25^5 + $600 ÷ 1.25^6

= $846.5664

Hence, the present value of the future cash flows is $846.57

Financial management deals with the maintenance and creation of economic value or wealth. Group of answer choices True False

Answers

Answer:

The answer for the above question is== (TRUE)..✔️✔️

____________________ is a step in the incident management process where an incident that cannot be responded to by an incident screener is put in a queue of another support staff member.

Answers

Answer:

Incident assignment

Explanation:

Incident Management can be regarded as as a process use in IT Service Management (ITSM). It is a process that helps in stabilizing organization's services performance whenever there there is a defection or abnormal activities. One of the step in incident Management is Incident assignment, whereby an incident that cannot be attended to by a staff is aligned on the queue for another staff to respond to.

It should be noted that Incident assignment is a step in the incident management process where an incident that cannot be responded to by an incident screener is put in a queue of another support staff member.

one feature of a corporation is that it can continue indefinitely beyond the lives of individual managers and stockholders of the corporation. this is called

Answers

Answer:

One feature of a corporation is that it can continue indefinitely beyond the lives of individual managers and stockholders of the corporation.  This is called perpetual life or succession.

Explanation:

Perpetual life or succession of a corporation refers to the continuation of a corporation's or other organization's existence notwithstanding the death, bankruptcy, insanity, change in membership or exit from the business of any owner or member, or any transfer of ownership.  This makes the corporation to be a safer and more stable platform for investors.  The perpetual life of the corporation also raises the chances that the investors will receive returns on their money over an indefinite period of time.

When using QuickBooks Online Accountant, Diane Doolittle opens a client's QuickBooks Online company from her Client Dashboard. Where can she see which apps are connected to the client's account without logging out of the account?

Answers

Answer: d. Left navigation > Apps

Explanation:

QuickBooks Online is a very useful accounting software that caters for the accounting needs of millions of small and medium type businesses including novices due to its simple interface.

Should Diane Doolittle want to see the apps that are connected to her client's account she should click on the left navigation and on the list she will see Apps (below work). Clicking on this would give the required information.  

You want to learn more about how to align individual employee's goals with the overall organization's goals. which HRM function covers your concerns

Answers

Answer:

The HRM (Human Resources Management) function that covers concerns about how to align individual employee's goals with the overall organization's goals is:

Performance management.

Explanation:

In Human Resource Management (HRM), there are various functions dealing with Human resource planning, Recruitment and selection, Performance management, Learning and development, Career planning. The performance management unit ensures that individual employee's goals are aligned with the overall goals of the organization in order to achieve organizational success.  The performance management function helps HR managers to establish, agree, and marry the goals of employees with organizational performance expectations.

you invest $25,000 in a Perpetuity fund that pays you $3,000 a year forever what is your rate of return in this investment

Answers

Answer:

12%

Explanation:

Calculation for what is your rate of return in this investment.

Using this formula

Rate of return=Amount paid a year /Amount invested in

Perpetuity fund

Let plug in the formula

Rate of return=$3,000/$25,000

Rate of return=0.12*100

Rate of return=12%

Therefore the Rate of return will be 12%

What is a determinant of demand that would cause demand to increase?

Answers

Answer:

Increase in income

Increase in price of substitutes

Change in taste

Explanation:

If income increases, the demand for a good rises as the amount of disposable income increases,

A substitute good is a good that can be used in place of another good. e.g. pen and pencils. If the price of a substitute (e.g. pens) increases, it becomes more expensive. Consumers would shift to the demanding pencils. As a result the demand for pencils would increase

A change in taste. For example, if an individual prefers pencils to pens. he would demand more of pencils and less of pend. As a result, the demand for pencils would increase


What is a continuous discussion to bring out innovative ideas from employees?

Answers

Answer:

Experiment to

generate ideas

Companies must let employees know they are open for innovation. Some companies do this by creating a designated space where employees can be creative. Most office spaces, which are normally a sea of cubicles, have little room physically and emotionally where creativity and innovation can flourish.

Give staff time

to work on ideas

Innovation needs time, and more often than not, employees feel they have none to spare. As a result, a growing number of companies are giving employees time away from the daily grind to work on projects of their own choosing. Some companies hold innovation days; others have hackathon sessions while others again give staff a set amount of time to work on projects that excite them, developing and testing new ideas                  

Invest in idea generation

Implement some of the ideas employees come up with. Ideas have to be implemented or they’re not worth anything. To truly innovate, companies need to ensure a culture that supports new ideas and new ways of doing business efforts, but also execute those ideas.

Explanation:

Answer:

Brainstorming

Explanation:

It's on the notes for Plato

Viral promotion involves: Group of answer choices offering rebates and incentives to customers for adopting a product or service. paying celebrities to use a product visibly to lure customers into unwittingly buying the product. emphasizing customer retention and satisfaction, rather than a dominant focus on sales transactions. leveraging a firm's customers to promote a product or service.

Answers

Answer:

Leveraging a firm's customers to promote a product or service

Explanation:

Viral promotion can be regarded as

business strategy which are utilized in promoting products/services of a company through existing social networks, it could be achieved by creating videos , photos on social networks and other network, it deals with spreading of information that concern the product. It should be noted that Viral promotion involves leveraging a firm's customers to promote a product or service

Artificial intelligence (A.I.) is a powerful tool for aiding human decision making. This activity is important because managers need to understand the tremendous capabilities, but also the serious dangers, inherent in using A.I. The goal of this exercise is to challenge your knowledge of the applications and downsides of A.I.

Read the descriptions of various aspects of artificial intelligence. Choose whether each item is an application of A.I. or a downside of A.l.

a. Hospitals use A-I. to monitor patients and predict the risk Of death two days earlier than ever before possible.
b. A.I. sensors can alert drivers to potential hazards and accidents.
c. It is difficult to program machine learning systems to act in ways that are desired and predictable.
d. The potential to aid in human decision making
e. Al. is devoid of common sense.
f. There is the potential for Al. to be put to malicious use.
g. Machines guided by A.I. are faster and more powerful than humans when building and evaluating models and simulations to make predictions.

Answers

Answer:

a. APPLICATION

If the risk of death can be predicted ahead of time, actions can be taken to mitigate that risk.

b. APPLICATION

If A.I. sensors can alert drivers to potential accidents, the drivers can take action to avoid said accidents which means that A.I can reduce the number of accidents occurring.

c. DOWNSIDE

The difficulty in getting A.I. to act in a certain way is a downside because the A.I. can give undesirable and irrelevant responses.

d. APPLICATION

If A.I. can aid humans in decision making so that decisions are better then this is an application.

e. DOWNSIDE

Common sense is very important in certain scenarios and is A.I. is devoid of this then it will take longer to perform in scenarios where common sense was needed.

f. DOWNSIDE

A potential for A.I. to be used in nefarious and malicious ways is most definitely a downside.

g. APPLICATION.

If A.I. can make better and more effective simulations than humans, this is an application that will save costs in a lot of industries.

each unit requires 1.8 yd of fabric to be produced. at the end of each quarter, 20% of the next quarter's production needs for material should be at hand. budgeted purchases of material for the second quarter would be g

Answers

Answer:

1.8 yards

Explanation:

Production requirement  1.8 yards

Ending inventory = 20% of 1.8 yards= 20/100 * 1.8= 0.36 yards

Materials Required= 1.8-0.36= 1.44 yards

If the material on hand is 0.36 yards i.e 20 % of the production requirement.Budgeted purchases for the second quarter would 1.8 yards  because when 0.36 yards is available as the ending inventory. But materials on hand  must have a balance of 0.36 yards for the next quarter so it would not effect the purchases.

To maintain the balance of materials on hand the amount of purchases made is 1.8 yards as 0.36 yards will be kept for the third quarter and 0.36 is already present for the second quarter

1.44 yards for production + 0.36 yards for the ending inventory= 1.8 yards

Why have nonalcoholic drinks increased in popularity, and what difficulties do bar managers face when serving alcohol

Answers

Answer:

People consumes less of alcohol and more of non alcoholic drinks.

Explanation:

Now-a days people consumes less of alcoholic drinks as non alcoholic beverages or drinks are becoming non popular day by day. People have become more health conscience and wants to remain fit. Now wonder alcohol causes a lot harm to the human health. People now are aware of the side effects of consuming alcohol.

In the recent years the life style of the people have change a lot and they they have become health conscious than before. The consumption of other non alcoholic drinks have become familiar and famous including green tea, fruit juices, goji juice and many more.

The bar managers also face difficulty in serving alcohol to people as people refuse to drink them. They are more health conscience and is aware of the fatal incidents about drunk driving. They prefer other non beverages in the bar. As a result the sale of alcohol has decreased a lot. There are also various awareness programs running against consumption of alcohol.Thus people do not drink alcohol any more and so it is difficult for the bar managers to offer alcohol to their customers.

FVA Inc.’s net income for the most recent year was $40,825. The tax rate was 24 percent. The firm paid $10,320 in total interest expense and deducted $10,570 in depreciation expense. What was the cash coverage ratio for the year?

Answers

Answer: 7.23 times

Explanation:

Cash coverage ratio = Cash available/ Interest expense

Cash Available = Net Income before tax + Interest expense + Depreciation

= (40,825 / (1 - 24%)) + 10,320 + 10,570

= $74,607.11

Cash coverage ratio = 74,607.11/10,320

= 7.23 times

Great Pumpkin Inc., wants to purchase a vending machine for their common room and chooses dimensions of cost, reliability, and flexibility as critical. They evaluate three different vending machine companies and rate their performance on each criterion on a scale from 1 (poor) to 5 (excellent). Which company should Great Pumpkin choose

Answers

Question Completion:

Dimension    Importance   Spike  Olaf  Andy

Cost                 4                  1           5       3

Reliability         2                 5           2       3

Cost                 3                 3           3       4

Answer:

Great Pumpkin Inc.

Great Pumpkin should choose Olaf Manufacturing with the highest weighted score of 33.

Explanation:

a) Data and Calculations:

Dimension    Importance   Spike      Olaf             Andy

Cost                 4                 4 (1*4)     20 (5*4)      12 (3*4)

Reliability         2                10 (5*2)     4 (2*2)        6 (3*2)

Cost                 3                 9 (3*3)      9 (3*3)       12 (4*3)

Total weighted scores    23             33               30

b) Based on the total weighted scores, Olaf Manufacturing performed best among the three companies.  It should be chosen.  To obtain the weighted scores for each company, the scale it obtains under each dimension is multiplied by the importance of the dimension.  This is done for each dimension and each company before the total weighted scores are obtained and the company with the highest score is adjudged the winner.

Which of the following best describes a player's role in any game?
O A. The name of his or her character.
O B. The number of turns he or she gets to take.
O C. The way he or she scores points.
O D. The actions expected of him or her.

Answers

D. The actions expected of him or her.

25 POINTS AND BRAINLIEST!! PLS HELP

What items should be included in signatures on business e-mail?


threads

e-mail address

name and title

company name

inspirational messages

phone and fax numbers

mailing address

Answers

Hey there!

The following should be the answers:

e-mail address

name and title

company name

phone and fax numbers

mailing address

Hope it helps and have an amazing day!!!

Answer:

yeah they right on OW

Explanation:

aron Company has a process costing system. All materials are introduced when conversion costs reach 50 percent. The following information is available for physical units during March
Work in process, March 1 (60% complete as to conversion costs) 150,000Units started in March 600,000Units transferred to Finishing Department in March 630,000Work in process, March 31 (40% complete as to conversion costs) 120,000Compute the equivalent units for materials costs and for conversion costs using FIFO method

Answers

Answer:

Equivalent units of production for materials

Opening work in process was complete with respect to materials so not EUP there.

Closing work in process was complete as well.

EUP for materials is:

= Units transferred to Finishing Department - opening WIP

= 630,000 - 150,000

= 480,000 units

Equivalent units of production for conversion

= EUP opening work in process + units transferred to finishing department + EUP closing work in process

= (40% * 150,000) + 480,000 + (40% * 120,000)

= 60,000 + 480,000 + 48,000

= 588,000 units

EUP opening work in process already had 60% of conversion cost incurred in previous period so only 40% will be incurred in present period.

A sudden stop will be easier to navigate if the country borrows internationally in foreign currencies and lend locally in its domestic currency.

a. True
b. False

Answers

Answer: False

Explanation:

A sudden stop refers to the sudden decline in net capital inflows in the economy from outside. This is a significant method by which the economy can have access to foreign exchange.

If the country therefore borrows internationally in foreign currencies whilst lending in domestic currency, the sudden stop will be difficult to navigate because it will impair the country's ability to pay off the international creditors it has because it will not have enough of the required foreign currency to pay them.

A cylindrical garbage can has the dimensions shown.



A cylinder has a diameter labeled twelve inches and height labeled fifteen inches.
Question 1
Part A

What is the area of the horizontal cross section of the cylinder? Use 3.14 for π.

Enter the correct answer in the box.

about
square inches
Question 2
Part B

What is the area of the vertical cross section of the cylinder through the centers of the bases?

Enter the correct answer in the box.

square inches
Question 3
Part C

Which cross section has the greater area, and by how much?

Select the correct answers from the lists to complete the sentence.

The vertical cross section has the greater area, by about 66.96 square inches.

Answers

A cylindrical garbage can has the dimensions shown.

A cylinder has a diameter labeled twelve inches and height labeled fifteen inches.

Question 1

Part A

What is the area of the horizontal cross section of the cylinder? Use 3.14 for π.

Enter the correct answer in the box.

about

square inches

Question 2

Part B

What is the area of the vertical cross section of the cylinder through the centers of the bases?

Enter the correct answer in the box.

square inches

Question 3

Part C

Which cross section has the greater area, and by how much?

Select the correct answers from the lists to complete the sentence.

The vertical cross section has the greater area, by about 66.96 square inches.

What did this embargo cost the U.S taxpayers?

Answers

Answer:

explanation below

Explanation:

The Cuban embargo, known as el bloqueo (the blockade), was one that happened due to Cuba’s expropriation of “some $1.8 billion worth of U.S.-owned property. The US put policies in place to restrict the way other countries engage in businesses with Cuba.

As the embargo continued to affect the people of Cuba, it also cost the US far more than expected. Certain reports has it that the US has lost nearly all its international support for the embargo. The cost of the embargo on the economy of the US was around $130 billion over nearly six decades.

You are considering a gradual expansion of your restaurant's square footage. Three tables per year will increase your profits by 4% per year. Your current yearly profit is $135,000. What will your annual profit be after 5 years?
a) $138,909
b) $155,344
c) $164,248
d) $188,125

Answers

Answer:

Annual profit after 5 year = $164,248 (Approx)

Explanation:

Given:

Current year profit P = $135,000

Growth g = 4 % = 0.04

Number of year n = 5 year

Find:

Annual profit after 5 year

Computation:

Annual profit after 5 year = P(1+g)ⁿ

Annual profit after 5 year = 135,000(1+0.04)⁵

Annual profit after 5 year = $164,248 (Approx)

Answer:

C) $164,248

Explanation:

None, I did the quiz and that was the answer

Antitrust decisions based on the rule of reason depend on:

a. Both firm behavior and market structure
b. Firm behavior
c. Market structure

Answers

Answer:

Option A: Both firm behavior and market structure

Explanation:

The rule of reason is a form of a judicial analysis that address if anticompetitive agreement is actually a advisable or reasonable restraint of trade, courts will look at the agreement's purpose, parties' capacity to implement the agreement to achieve the purpose. It significantly impliese that court studies the things around business practice and deciding if it helps or hurts competition.

An Antitrust is simply a federal and a state statutes to contradict or protest commerce from certain withhold of trade, such as price fixing and others.

A company is considering an investment in a machine that it believes will speed up production of a product. The machine will cost the company ​$. Products produced using the machine will sell for ​$ per unit. The variable cost per unit incurred producing the product is believed to be ​$. What quantity of sales is required for the company to break even if it purchases the​ machine?

Answers

Answer:

133,334 units

Explanation:

Note : I have attached the full question below

Break even point is the level at which a company makes neither profit nor a loss.

Break Even (units) = Fixed Cost ÷ Contribution per unit

Where,

Contribution per unit = Unit Selling Price - Unit Variable Cost

                                   = $ 25 - $10

                                   = $15

Therefore,

Break Even (units) = $ 2,000,000 ÷ $15

                              = 133,334 units

A proposed new project has projected sales of $123,000, costs of $57,000, and depreciation of $12,600. The tax rate is 35 percent. Calculate operating cash flow using the four different approaches. (Do not round intermediate calculations.)

Answers

Answer:Approach 1 ⇒ EBIT + Depreciation - Taxes approach

EBIT = Sales - Costs - Depreciation

= 123,000 - 57,000 - 12,600

= $53,400

EBIT = EBT as no interest in question.

Tax = EBIT * Tax rate

= 53,400 * 35%

= $18,690

Operating cashflow = 53,400 + 12,600 - 18,690

= $47,310

Approach 2 ⇒ Top-down Approach

= Sales - cost - tax

= 123,000 - 57,000 - 18,690

= $47,310

Approach 3 ⇒ Tax-Shield

= (Sales - Cost) * (1 - Tax rate) + (Depreciation * Tax rate)

= (123,000 - 57,000) * (1 - 35%) + (12,600 * 35%)

= $47,310

Approach 4 ⇒ Bottom-up

=  (Sales – Cost – Depreciation) * (1 - Tax rate) + Depreciation

= (123,000 - 57,000 - 12,600) * ( 1 - 35%) + 12,600

= $47,310

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