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Rebecca Edler
Answers (6)
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Explain the basic characteristics of a project that occur at the financial break-even point.
On Jul 22, 2024
At the financial break-even point, a project has a zero net present value, an internal rate of return which equals the required rate of return, and a discounted payback period that equals the life of the project. The financial break-even quantity represents the minimal level of output which needs to be obtained if a project is to be acceptable.
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Businesses expand their operations to the international marketplace in order to increase profits and gain access to customers, suppliers, capital, and labour.
On Jul 20, 2024
True
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Suppose that at the end of the year there is an outstanding note receivable. The adjusting entry to recognize the interest to be paid has what effect on the accounting equation?
On Jun 21, 2024
Assets (Interest Receivable) increase and stockholders' equity (revenue) increases.
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(Table: Variable Costs for Lots) Use Table: Variable Costs for Lots.During the winter,Alexa runs a snow-clearing service in a perfectly competitive industry.Assume that costs are constant in each interval;so,for example,the marginal cost of clearing each of the lots from 1 through 10 is $20.Also assume that she can only plow the quantities of the lots given in the table (and not numbers in between) .Her only fixed cost is $1,000 for a snowplow.Her variable costs include fuel,her time,and hot coffee.If the price to clear a lot is $30,how many lots should Alexa clear?
A) 50
B) 40
C) 30
D) 0
A) 50
B) 40
C) 30
D) 0
On Jun 20, 2024
B
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Satisfactory performance exists when the parties' personal tastes have determined that the contracting parties have performed their contractual duties according to the agreement.
On May 22, 2024
False
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A family with an average tax rate of 10% would have a marginal tax rate of _____ percent.
On May 21, 2024
10