Busi 620 Qct 1

Profit is a surplus in money after taking into account all costs incurred in buying and selling a product. Operating profit is the profit made after all direct and indirect costs have been paid. (Bized, 2010a) From NEXT’s company accounts, the operating profit has increased by £51.5m. This is a positive steady increase which has been achieved throughout the

c. Explain how the location of each curve graphed in question 7b would be altered if (1) total fixed cost had been $100

From the perspective of this author, both types of organizations have a critical need for the right manager that focus on the right areas. Therefore, both would have to pay close attention to their stakeholders and their motivators regardless of organization type. Case in point,

Profit is the money that a business earns in revenue, minus investments, and the cost of salaries.

In today’s society, and even generations before us, kids safety is very important. Also, traveling in an automobile is

Explain how a profit maximizing firm determines its optimal level of output, using marginal revenue and marginal cost as criteria:

Explain the corresponding impact on total revenue for each of the three price ranges identified in part G.

2 (TCO 3) To economists, the main difference between the short run and the long run is that

(h) Redraw the previous cash flow diagram, assuming continuous cash flows for oil production and sales.

My personal view on how much impact should my believes influence my business, or whatever decision I make is that it should be fully Involved. My decisions that I make should constantly reflect in what I claim to believe in.

I have project that the first-year revenue of $20,000 and a 15% growth rate for the next two years. The complete cost of sales is projected to average 50% of gross sales, including 40% for the purchase of equipment and 10% for the purchase of additional items. Net income is projected to reach $70,000 in four three as sales increase and operations become more

2.) For each expense that is variable with respect to revenue hours, calculate the cost per revenue hour.

Using the intercompany-billing rate per hour of $400 and the intercompany demand of 205 hours we calculate revenue and expenses.

Annual Profit. Annual profit represents the money that a person or a company makes in a year. It is a useful tool to determine if a company is making or losing money. Taking the annual profit of a company is an indication is a corporation is contracting or expanding. The annual profit of a company is calculated to make a comparison at a set time by a company. Macy’s has an annual profit of 10.58 billons in 2016, which meant a decreased of $660,000,000 in relation with 11.24 billion obtained in 2015 (FORM 10-K, 2016).

a) Draw Brennan's average total, marginal revenue and marginal cost curves. (Hints: calculate total revenue (P* times Q) first, and then calculate MR)