A firm has an average total cost of $50. If it sells 20 units of its product at $100 each, what is its profit?

Answers

Answer 1

Answer:

$1,950

Explanation:

If I understood what you're asking, I did 100 times 20 and then subtracted 50 from that

100x20 = 2000

2000-50 = 1950


Related Questions

Ned Douglas owns Ned’s Blankets. Ned asks you to explain how he should treat the following reconciling items when reconciling the company’s bank account.Outstanding checks.select an explanationDeduct from balance per bank2.A deposit in transit.select an explanationAdd to balance per bank3.The bank charged to our account a check written by another company.select an explanationAdd to balance per bank4.A debit memorandum for a bank service charge.

Answers

In accounting, the purpose of reconciliation is to compare two sets of records for correction and make sure they are in agreement.

Here, Ned have some items which needed to be reconciled with the company’s bank account.

For "the Outstanding checks", he should deduct the amount from balance per bank For "a deposit in transit", he should add to balance per bankFor "the bank charged to our account a check written by another company", he should add to balance per bank and notify the bank of its error. For "a debit memorandum for bank service charge", he should deduct from balance per books.

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Can someone pls help me write a cover letter for a resume

Answers

Cover letters are very dependent on what you’re looking for. There are a lot of websites online that can help you create one.

3. What is journalising? State the rules of journalising based on the types of account with examples. ​

Answers

Answer:

One amount in the debit column must be equal to two or more amounts in the credit column or one amount in the credit column equals to two or more amounts in the debit column or under compound entry, a few debits will be equal to a few credits. The rule for journalising is the same as that of simple journal.

Explanation:

Journalizing is the process of recording a business transaction in the accounting records. ... Examine each business transaction to determine the nature of the transaction. For example, the receipt of a supplier invoice means that an obligation has been incurred.

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Explanation:

journalism is the practice of documenting a business translation account records

the rules of journalists are:-

1. debit purchase account and credit sales account.

2. debit expenses account and credit cash/bank account.

journatising example are:-

1. real account

2. personal account

3. nominal account

hope it helps you

thank you

John worked 40 hours this week. His rate of pay is $12.50 per hour. What is his gross pay? $425 $500 $475 $505

Answers

Answer: $500

Explanation: 12.50 * 40 = 500

Answer:

His pay would be $500 because you have to multiply the 40 hours and the $12.50 you see how much money the got so he would get $500

What is a C corporation?

Answers

Answer:(:

Explanation:

A C corporation, under United States federal income tax law, is any corporation that is taxed separately from its owners.

with respect to the national saving and investment identity for any country, the quantity of _______________ at any given time by savings must ________________ for purposes of making investments.

Answers

With respect to the national saving and investment identity for any country, the quantity of foreign aid supplied at any given time by savings must be lower than the quantity of domestic aid demanded for purposes of making investments.

The foreign aid supplied can be referred to as export while the domestic aid demanded is referred to as the Import. Any nation which takes its economy very serious will always ensure that the Export is more than the Import.

This is to ensure that the nation is able to save and invest as a result of the high gross domestic product it possesses as a result of its sales of goods and services being more than its spending.

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During your second year of internship, a client reveals that he is thinking of proposing. You have worked with this client for a year and agree he is ready. However, which of the following would be a good suggestion?


starting family counseling

starting premarital counseling

starting to stop counseling

starting individual counseling

Answers

As a therapist undergoing internship, when a client is about to propose, then, a premarital counseling should be started.

Premarital counseling is a counseling organized for intending couples. The intending couples undergo counseling session in order to be aware of what awaits them in marriage.

It also helps intending couples know the kind of topics to discuss during their courtship ranging from financing the home, method of resolving conflicts, number of children and so many other important topics.

Therefore, as a therapist, you should suggest premarital counseling for such client having it in mind to propose.

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Information systems in general are helpful because they are used for making informed decisions using more accurate reports. However, there are social issues with such systems. Research and identify two issues that can affect a community.

Answer is:
I researched online and came across a few issues that can affect a community. Two of these are addressed below.

Elimination of Jobs: When a company uses computers for doing tasks, jobs get completed in lesser time. They are also more accurate and less prone to mistakes that humans make. Information can be processed and entered into multiple data tables simultaneously. Computers also generate reports and statements easily. Therefore, fewer people are needed to perform majority of the tasks and can lead to job elimination.

Security Concerns: As more data is available online, hackers can easily break into a system and access personal data. This information is likely to be misused. Therefore, systems should always be up-to-date security programs. A computer security expert should also be a part of the staff to prevent and eliminate any attacks on an organization's data.
Plato users.

Answers

Information systems have automated information management, making it quicker to process large amounts of information, but it can also create issues such as information security and IT competitiveness.

Information security is a problem arising from information systems that can configure fraudulent techniques to steal sensitive data from people and organizations and gain benefits, so it is essential to be prepared for the risks and support from specialized security companies.

The advancement of artificial intelligence can also correspond to a risk in the work environment, such as the competitiveness with IT of professionals who are not prepared to deal with digital innovations.

Therefore, it is necessary that organizations use IT to bring benefits in the speed of organizational processes, preparing themselves for risks and offering training and qualification to their employees to deal with digital systems.

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You have allocated $8,000 for employee training. You have 20 employees and each course costs $200. How many training courses can you afford per employee?

Answers

Answer:

B) 2

Explanation:

$8,000 divided by 20 is 400, $400 divided by $200 is 2 courses per employee.

The number of training courses you can afford per employee is 2.

How many training courses can you afford?

The mathematical operation that would be used to solve this question is division. Division is the process of grouping a number into equal parts using another number. The sign that represents division is ÷

The first step is to divide the amount allocated for employee training by the number of employees.

= $8,000 / 20 = $400

The next step is to divide $400 by the cost of each course

$400 / $200 = 2

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the federal reserve can affect the money supply by:

Answers

Answer:

The Fed can impact the cash supply by changing store necessities, which by and large alludes to the measure of assets banks should hold against stores in financial balances. By bringing down the hold prerequisites, banks can advance more cash, which builds the general stockpile of cash in the economy.

Really hope this helps! Thank you!

With respect to the selection tools that are used in processing applicants for a sales job:Group of answer choicesNone of these is correct.Companies should use standardized forms (developed for general use by any company) as much as possible.The most effective sequence is to start with an application blank and follow up with a series of interviews.The least costly tools should be used first.Under Affirmative Action guidelines, a company is not allowed to use psychological tests.

Answers

The companies should use the standardized forms because it is the most effective and guarantee quality selection.

Let understand that Selection tools are those tools used in selection process of hiring qualified applicant for a job.

The various method of selecting qualified applicant include:

Preliminary screeningPhone interviewsFace-to-face meetings etc

The standardization form of selecting applicants is most effective because its means that the process have been established and guarantees quality selection.

Therefore, Option A. is correct.

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jingle company signs a 6-month, $20,000 note. stated interest rate is 8% payable at the maturity date. interest incurred on the note is calculated as

Answers

The interest that Jingle Company will incur on the note is calculated as $800.

Interest Expense is incurred as payment for the use of the funds for a period of six months at 8% annual interest.

Data and Calculations:

Note Payable = $20,000

Stated interest rate = 8%

Payment period = 6 months

Interest incurred = $800 ($20,000 x 8% x 6/12)

Thus, since the maturity date of the note is in six months, the interest incurred by Jingle Company is $800.

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what do you mean by Producer's Equilibrium ?????​

Answers

Answer:

it is refered to as profit maximization condition

Answer:

it is refered to as profit maximization condition

It's ne Lilly unnie

how has technology led to a lost in job​

Answers

Yes technology has led to loss in jobs

Explanation:

The development of technology has lead in loss of jobs for many ppl

In different factories they have been some development this decent years and the work that used to be done by many workers is now done only by a machine or a dozen.

Why is it better to have 10 new businesses with 10 employees each than to have a factory with 100 workers?

Answers

Answer:

100 workers can help get the job done a lot easier

Explanation:

10x10=100

*PLEASE ANSWER !!! I DONT GET IT, !! ASAP*
Elena is excited to invest, but she is worried that she might lose her investment funds by making risky
investments. How could Elena use diversification to manage her risk? (1 point)

a. ) Elena could forego investing altogether.

b. ) Elena could purchase multiple assets from multiple sources.

c. ) Elena could invest some of her funds into a single low-risk investment and pocket the rest
as cash.

d. ) Elena could invest all of her funds into a single low-risk investment.

Answers

Answer:

Elena could purchase multiple assets from multiple sources.

Explanation:

For reducing the risk Elena should acquire multiple assets from the multiple sources.

What is diversification of the assets?

Diversification refers to the strategy that deals in the risk management where various kind of investment should be involved within a portfolio. It comprise of various type of assets and the investment so that the risk could be minimized instead of investing in one kind of asset.

Therefore, the option b is correct.

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should my husband and i get our retirement accounts at the same place to make things easier when one dies

Answers

Answer:

yes if you trust him

Explanation:

How do I quit my job as cashier already wrote resignation letter

Answers

dont walk up to ur boss n dont say nun n jus walk out dat mf yo
Then your good job t

Consider the following information: Budgeted indirect cost $2,000 Budgeted production units 800 Budgeted direct manufacturing labor hours 500 Budgeted customer orders 400 Actual number of setups 1,000 Using broad averaging, what is the budgeted indirect-cost rate per direct manufacturing labor-hour

Answers

The budgeted indirect cost rate is $4.00 per direct manufacturing labor-hour.

Data and Calculations:

Budgeted indirect cost for the period = $2,000

Budgeted production units for the period = 800 units

Budgeted direct manufacturing labor hours = 500 hours

Budgeted customer orders for the period = 400 orders

Actual number of setups = 1,000 setups

Therefore, the budgeted indirect cost rate per direct manufacturing labor-hour = Budgeted indirect cost divided by the budgeted direct manufacturing labor hours.

= $4 ($2,000/500)

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PLEASE HELP MEE 50 Pts

Question: What are the local, state, and federal taxes for a healthcare business?

Answers

Answer:

?????.. ?????????????

You have opened a for-profit adult technical school and you want to advertise it to potential students throughout your state.

Which marketing method would be most appropriate?

Question 2 options:

Local Television Ad


Social Media


Email


Distribute Flyers

Answers

Answer: Local Television Ad

Explanation: I took the test

The correct option is B. Local Television Ad marketing method would be most appropriate for advertising it to potential students throughout your state.

Why is television the most effective media?

Thanks to several mechanisms ensuring the quality of the commercials shown on TV, as opposed to those shown on the Internet or apps, which are not always reviewed, the contents, the messages, and the sponsors that appear there are "safe." TV is the safest media since it reaches a large and varied audience.

As a result of the TV. It continues to be the most successful medium for brand recognition. TV advertising helps establish, develop, and expand brands. Unlike a sponsored post or search result, TV advertising helps firms become well-known and keeps them fresh in your mind for a much longer period of time.

Thus, The best choice is B. The best marketing strategy would be to use local television ads to reach prospective students all around your state.

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You are an accounting student at a university and also a talented guitar player. During summer vacation, you are hired full time to do bookkeeping for a computer store. You work during normal business hours at the computer store. Your work there is supervised by the office manager, and you are paid an hourly wage. On Saturday nights, you play guitar at a pub. You bring your own instrument and you decide what music to play. You are paid a set price for this gig. A question arises at both the store and the pub as to whether you are an employee or an independent contractor. This question is important because employers have certain obligations to employees that do not apply to independent contractors. For example, employers are liable for the wrongful acts of employees but generally not for the acts of independent contractors. Likewise, employers must withhold payroll taxes for employees but not for independent contractors.

Required:
Are you an employee or an independent contractor at the store and at the pub?

Answers

Considering the scenario described above, at the store, I am an employee. This is because I'm hired full-time.

Also, because an office manager is supervising me, that shows I am an employee.

Also, given that I work within normal business hours at the store, that is a characteristic of an employee. Again, payment of wages is associated with employee relations.

On the other hand, I work as an independent contractor at the pub because I decide the music to play and get paid per gig.

Also, given that I don't work at normal hours and get paid at a lump sum, this is an independent contractor working feature.

Hence, in this case, it is concluded that I worked as an independent contractor at the pub and an employee at the store.

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housing prices boomed from 2002 to 2006, fueling the market for subprime mortgages and forming an asset-price bubble. housing prices began declining in 2006, falling by more than 30%, which led to defaults by subprime mortgage holders.

Answers

Answer:

A

Explanation:

I belive the answer is A due to like ballon loans or smth like that if its wrong lmk!

Your client, Bo Regard, holds a complete portfolio that consists of a portfolio of risky assets (P) and T-Bills. The information below refers to these assets. E(Rp) 12.00 % Standard Deviation of P 7.20 % T-Bill rate 3.60 % Proportion of Complete Portfolio in P 80 % Proportion of Complete Portfolio in T-Bills 20 % Composition of P: Stock A 40.00 % Stock B 25.00 % Stock C 35.00 % Total 100.00 % What is the expected return on Bo's complete portfolio

Answers

Your client, Bo Regard, holds a complete portfolio that consists of a portfolio of risky assets (P) and T-Bills. The information below refers to these assets. E(Rp) 12.00 % Standard Deviation of P 7.20 % T-Bill rate 3.60 % Proportion of Complete Portfolio in P 80 % Proportion of Complete Portfolio in T-Bills 20 % Composition of P: Stock A 40.00 % Stock B 25.00 % Stock C 35.00 % Total 100.00 % What is the expected return on Bo's complete portfolio?

A. 3.48 % B. 7.55 % C. 9.28 % D. 10.67 % <--Correct Answer

E(Rp) = (1/6)*0% + (1/2)*7% + (1/3)*12% = 9,33% or about 9,3%.

This is the correct answer.

you hear about an economy with no change in the number of workers or capital. yet, production increases. what idea does this illustrate?

Answers

Answer:

It might be because of an increase in efficiency in the workforce or advances in technology. Hope it helps :)

Explanation:

True or False: Promotional activities are not included in budgeting with other business expenses.

Answers

It is True that Promotional activities are not included in budgeting with other business expenses.

This is based on standard accounting practice, which states that the promotional budget is a separate amount from the business budget, and it is meant to promote the business activities.

A promotional budget is often determined as a percentage of the business budget cost. The promotional budget is usually earmarked separately. It can be a proportion from profits, sales, production, etc.

Hence, in this case, it is concluded that the promotional budget is not included in the business budget cost.

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how much profit does a store owner make on a bar of chocolate?

Answers

Answer:

Explanation:

The large volume companies have a lower profit margin of around 8 to 10%, while boutique chocolatiers can enjoy margins between 55 to 75%. Your total profit for a year will depend entirely on the volume and type of product you produce and sell.

If you get into a car accident, your _______________ may increase because you will be considered riskier for insurance companies to cover.

Answers

Money hope it work for you
The answer to this is møñėÿ

cost flow is in the order in which costs were incurred when using

Answers

Answers : last in, first out

Explanation:

Question Mode Multiple Choice Question In a ______, members of the channel pursue their own goals and maximize their own profits, regardless of the effect on other channel members. Multiple choice question. corporate vertical marketing system conventional marketing channel strategic relationship JIT system

Answers

Answer:

b. Warehouses

c. Stores

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