The interest rate on the 7-year corporate bond that would provide you with the same after-tax return as the 7-year municipal bond is 6.28%.
Therefore the answer is (e) 6.28%.
To calculate the interest rate on a 7-year corporate bond that would provide you with the same after-tax return as the 7-year municipal bond, you would need to use the formula using municipal bond interest rate:
Effective Corporate Interest Rate = (1 - Tax Rate) * Municipal Bond Interest Rate
Plugging in the values:
Effective Corporate Interest Rate = (1 - 0.32) * 4.80%
Effective Corporate Interest Rate = 6.28%
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denver, incorporated, has sales of $19.1 million, total assets of $14.1 million, and total debt of $4.9 million. the profit margin is 9 percent. what is the company's net income? note: do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567. what is the company's roa? note: do not round intermediate calculations and enter your answer as a percent rounded 2 decimal places, e.g., 32.16. what is the company's roe?
The company's return on assets (ROA) is 12.19%, return on equity (ROE) is 18.68%, and net income is $1,719,000.
How much return on equity (ROE) is there?
A specific ROE range cannot be deemed a satisfactory return on equity. Some industries prefer a ROE of over 25%, while others may consider a value over 15% to be remarkable. Lower ROE does not, however, inevitably portend impending doom for a company. A high ROE can indicate that a business is more successful at making money on the internal market. It does not, however, properly illustrate the risk connected to that return.
A corporation may extensively rely on debt in order to increase net profit, which would raise ROE. The higher the ROE, the better the management of a company is at creating revenue and growth from its equity capital.
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all of the following are prevention costs except:multiple choicetraining costs.regularly scheduled maintenance.engineering and design costs.inspection costs.
The correct answer is option c. All of the following are prevention costs except engineering and design costs.
The prevention costs is referred as the expenses incurred to prevent potential problems, malfunctions, or failures from occurring.
These prevention costs are usually incurred in the early stages of a product's life cycle, before the problems actually arise. The purpose of prevention costs is to reduce the likelihood of a failures and improve the overall quality and reliability of a product or service. Some examples of prevention costs include training costs for employees, regularly scheduled maintenance, and inspection costs to ensure quality and prevent failures.
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complete question
all of the following are prevention costs except: multiple choice
a. training costs.
b. regularly scheduled maintenance.
c. engineering and design costs.
d. inspection costs.
which are 3 common misconceptions users of an income statement may have? (select all that apply.) multiple select question. net income does not report all changes of value that occurred during the accounting period. net income equals cash. net income does not equal cash. net income does not include estimates. net income reports all changes of value that occurred during the accounting period. net income includes estimates.
Here are three common misconceptions users of an income statement may have:
Net income does not equal cashNet income includes estimatesNet income does not report all changes of value that occurred during the accounting period.A company's net income, which measures how much its sales surpassed its costs for the period, is determined using the income statement.
Key data about a company's financial performance, such as sales, cost of goods sold, gross profit, operating expenses, and operating income, are included in the income statement.
The revenue of the business is shown first on the income statement, and after deducting its cost of products sold and operational expenditures, the net income of the business is shown.
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to be most efficient with the time you have to prepare a document, how much time should you spend on planning and revising?
It should employ a variety of approaches to convey multiple complex topics.
What is the primary function of drafting a message statement?
It ought to use a range of techniques to communicate several intricate ideas or message. To fit in with its rivals, it should develop a message that hides a company's uniqueness and worth.
You develop ideas, prepare how to substantiate them, and consider the most effective ways to structure and arrange your work throughout this phase. In order to generate ideas, the idea of "free writing" can be useful.
It's true that research is essential to the writing process since it provides the writer with data to assist them hone their message. Furthermore, the writer might save time by conducting and locating necessary research. T/F: Time savings for the writer is one advantage of thorough research in business writing.
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if you are interesting in working as a financial planner, or want to hire someone to manage your personal assets, which professional designation does the text mention is important?
The text does not mention a specific professional designation that is important for financial planners or for hiring someone to manage personal assets.
There are several professional designations for financial planners, including Certified Financial Planner (CFP), Chartered Financial Consultant (ChFC), Personal Financial Specialist (PFS), and others. When choosing a financial planner or considering someone to manage your personal assets, it is important to research and compare their qualifications, experience, and track record to ensure they are a good fit for your needs. Additionally, it may be helpful to ask for references and check if they have any disciplinary history.
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on january 1, linden has total assets of $100,000, total liabilities of $30,000, and total stockholders' equity of $70,000. linden purchases $20,000 of supplies on account, and $2,000 of prepaid rent for cash. after these transactions, total assets equal multiple choice question. $122,000. $120,000. $82,000. $100,000.
$100,000. Linden spends $2,000 in cash to prepay rent and $20,000 in supplies on credit. Total assets following these transactions equal .
Which one of the following actions and occurrences causes both cash reserves and net income to decrease?Rent used during the time period is subtracted from the prepaid rent account. This is the best choice. Rent costs rising results in a drop in net income, and as prepaid expenses are an asset, their decline also affects total assets.
Whenever you issue common shares, what happens to your assets?Common stock is typically valued at fair value at issuance, which is usually the amount of funds received. If there are any remaining funds, they are initially used to pay the shares' par value allocated to excess paid-in capital over par value.
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the air mail act of 1934 again modified the air carrier industry. this piece of legislation contained punitive conditions for the private air carriers that were involved in the contract meeting in 1930. one of these conditions was:
Brown was granted the authority to negotiate long-term postal contracts with airlines after Congress enacted the 1930 Airmail Act with the assistance of Senator Charles McNary and Representative Laurence Watres.
What did the 1934 Air Mail Act seek to accomplish?The Air Mail Act of 1934 empowered the secretary of defense to grant the postmaster general access to military aircraft, runways, pilots, and equipment for mail delivery by air.
What was the name of the 1934 Air Mail Act?Senator Black looked at a number of ways to penalize the airlines. On June 12th, he introduced the Black-McKellar Bill, also referred to as the 1934 Air Mail Act. Its primary objective was to deconstruct the aviation holding companies, which were large corporations that contained both airlines and aircraft manufacturing firms.
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a store will give you a 3% discount on the cost of your purchase if you pay cash today. otherwise, you will be billed the full price with payment due in 1 month. what is the implicit borrowing rate being paid by customers who choose to defer payment for the month?
Trade credit is a form of commercial financing that enables a client to buy goods or services and pay the provider at a later time.
A smart option for firms to increase short-term funding and free up cash flow is through trade credit.
What Is Trade Credit?Trade credit is a business-to-business (B2B) arrangement that enables a customer to make purchases without paying cash up front and to make payments to the supplier at a later date.
Businesses that use trade credits will typically allow customers 30, 60, or 90 days to pay, with the transaction being documented by an invoice.
Trade credit is a form of 0% financing that increases a company's assets while postponing payment for a specific amount of products or services to the future and requiring no interest to be paid in relation to the repayment period.
An advantage for a buyer is trade credit. A further benefit is that in some circumstances, select buyers might be able to negotiate extended trade credit repayment terms.
For trade credit approval, sellers frequently have special requirements.
The Complete Question is Trade Credit.
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what are ways that a taxpayer can get help from the irs?
The toll-free customer service number for taxpayers is 1-800-829-1040 for individual tax queries and 1-800-829-4933 for business-related tax questions. Call 1-800-829-4059 for TTY/TDD users to order forms and publications or to ask inquiries about taxes.
How does the IRS address issues?You can either submit Form 911, Request for Taxpayer Advocate Service Assistance (And Application for Taxpayer Assistance Order), on your own or have an IRS agent do it for you. Visit Taxpayer Advocate Service for further details.
Does the IRS offer tax assistance?The Internal Revenue Service provides free tax assistance in person, over the phone, online, and by computer. The IRS provides forms and materials to taxpayers and responds to a wide range of tax-related inquiries. Additionally, the IRS can assist people in locating free tax preparation services.
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what is the future value of a lump sum of $3,000 deposited today for 8 years at a rate of 10 percent compounded annually? round your answer to the nearest whole value.
The future value of a lump sum of $3,000 deposited today for 8 years at a rate of 10 percent compounded annually is $ 6.432
A current asset's Future Value (FV), which is based on an estimated growth rate, is its value at a particular point in the future. Due to market volatility and uncertainty regarding future investment conditions, it can be challenging to calculate an investment's fair value (FV) in the market.
lump sum = $3,000
number of years (n) = 8 years
rate of interest (compounded annually) (r) =10%
FVIF (as per table ) = 2.144
calculating future value using the table,
FV = lump sum x FVIF (n, r)
future value = 3000 x 2.144 (10%)
future value = $ 6.432
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Why is capital goods important for an economic growth?
Capital goods are essential for long-term expansion in product output, or to put it another way, increases in the capacity to provide goods and services.
What are capital goods?The economic definition of a capital good is a "...series of heterogeneous commodities, each having specific technical characteristics... in the form of a durable good that is used in the production of goods or services."
Capital goods are also known as complex product systems (CoPS) and means of production.
A specific type of economic good that is tangible property is capital goods.
By accumulating wealth that can be used to purchase the means of production, a society can acquire capital goods.
A company cannot compete in the market if it is unable to create items owing to a lack of equipment.
Long-term growth in the production of products, or, to put it another way, increases in the production capacity of goods and services, depend critically on capital goods.
Therefore, capital goods are essential for long-term expansion in product output, or to put it another way, increases in the capacity to provide goods and services.
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kara won $3,000,000, which will be paid after twenty years. if the interest rate is 5% compounded annually, the present value of the amount is
barton industries has operating income for the year of $2,900,000 and a 25% tax rate. its total invested capital is $20,000,000 and its after-tax percentage cost of capital is 7%. what is the firm's eva? round your answer to the nearest dollar, if necessary.
The firm's EVA for Barton industries that has operating income of $2,900,000 is $1025000.
What is EVA?Economic value added (EVA) is a metric used to assess a company's financial performance. It is based on the residual wealth that is determined by subtraction of operating profit from cost of capital on a cash basis after taxes have been taken into account. EVA, which aims to measure a company's genuine economic profit, is also known as economic profit. Stern Value Management, initially incorporated as Stern Stewart & Co., a management consulting firm, developed this measure. The incremental difference between the rate of return (RoR) and a company's cost of capital is known as EVA. In essence, it's used to gauge the value a business creates from the money spent in it. If a company's EVA is negative, it indicates that the money invested in the business is not producing value for the company.
EVA = 3,500,000(1-0.25) - (20,000,000 *.08)
EVA = 2,625,000 - 1,600,000
EVA = 1,025,000
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a.liabilities decrease; stockholders' equity increases b.assets increase; liabilities increase c.assets increase; liabilities decrease d.assets decrease; liabilities decrease
Liability adjustments are recorded using credits and debits. The opposite of this is the asset debit and credit rule order.
What causes an equity to increase while a liability decreases?When all other factors are equal, a company's assets will increase alongside its equity and vice versa. If obligations rise, equity will decline; but, if liabilities fall, such as through debt repayment, equity will rise. These foundational concepts form the basis of contemporary accounting practises.
What causes assets to grow and shrink?According to Accounting Tools, a debit entry raises an asset account whereas a credit entry lowers an asset account. For instance, the inventory account in the books of your small business would go down if you credited it with $5,000.
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a social networking site could sell information regarding its users' online behavior to a soft drink manufacturing and advertising firm. this relates most to
A soft drink manufacturing and advertising company could purchase information from a social networking site about its subscribers' online activities. much of which is relevant to behavioural targeting.
What is behavioural targeting?A strategy used in online advertising and publishing is behavioural targeting, which uses information from visitor browsing patterns (such as search phrases, sites visited, and purchases) to display relevant ads and offers and boost campaign efficacy. The most effective adverts and messages are chosen using behavioural targeting, which analyses people's actions. It uses behavioural data, such as what users do or don't do on your website, on your app, or during campaigns, to launch targeted marketing. An example of behavioural targeting would be if a customer frequently visited a website with reviews of thermometers for home use or searched for thermometers, then visited a website for thermometer manufacturers. This blatantly demonstrates a desire to purchase a thermometer.
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Many people do not like working for someone, so being your own ______ is an advantage of sole proprietorships
Being your own is a benefit of sole proprietorships because many people do not like working for someone else.
What are the benefits of operating as one's own business?
There are few upfront expenses. There is no one around you. Your business may be started and run easily. In the event that circumstances change, changing your legal structure later on will not be difficult. A partnership has an advantage over a single proprietorship because the duties, assets, and losses are divided.
However, you also divide the company's profits, which could lead to arguments on how to operate the company. Making a partnership contract is one strategy to reduce conflict.
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Every society faces trade-offs because we live in a world of scarcity. Suppose a student-athlete has the opportunity to earn $1,000,000 next year playing for a minor league baseball team, $500,000 next year playing for a European professional football team, or $0 returning to college for another year. The opportunity cost of the student-athlete returning to college next year is $ . (Enter your response as an integer.)
When there is a paucity, people demand more than what is available. Scarcity put restrictions on us both as individuals and as a society.
Is the study of decisions people make to reach their objectives in light of their limited resources?
Economics is the study of the decisions that customers, company owners, and public servants make in order to achieve their goals in the face of resource scarcity. Because of scarcity, which means that while our demands are limitless but there are few resources available to satisfy them, we are forced to make decisions.
Which of the following statements best sums up scarcity?
The right response is b. When compared to the demand for them, resources are few. The disparity between people's limitless demands and the available resources is known as scarcity, and it is viewed as an economic challenge.
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which one of the following correctly states a purpose of the generation-skipping transfer tax (gstt)? a) to encourage the transfer of wealth to younger generations b) to discourage generation-skipping transfers by using up the transferor's gift or estate tax credit amounts more quickly c) to ensure transfer taxes are paid at each generation by transfer taxing wealth when it is transferred to a skip person d) to substitute the gstt for any gift or estate tax due on the transfer instead of imposing the gift or estate tax
Following states a purpose of generation-skipping tax: D. to substitute the gstt for any gift or estate tax due on the transfer instead of imposing the gift or estate tax.
What is generation skipping transfer tax ?The generation-skipping tax (GST), sometimes known as the generation-skipping transfer tax, forbids you from intentionally omitting your children from your estate plan in favour of younger generations in order to avoid any estate taxes that might be owed once your children pass away.
Hence the correct option is D.to substitute the gstt for any gift or estate tax due on the transfer instead of imposing the gift or estate tax.
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on november 15, meier company received $3,000 cash from a customer for services that were performed on november 1. on which date should the revenue be recorded under cash-basis accounting?
The correct answer to the question above is November 15. Meier Company should recode the revenue under cash-basis accounting on November 15 because on November 1 Meier Company has not received the cash yet.
On November 1 they should recode it under accrual basis accounting because they did not yet receive the money in cash and it should be taken as an accrual account.And after Meier Company receives the cash, they should move it from the accrual account into the cash account. An accrual basis account is an account that records expenses and revenue when transactions occur before the money is dispensed or received.Learn more about cash-basis accounts at: https://brainly.com/question/14947252
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the primary purpose of assembling a team is . group of answer choices to promote organizational compliance and loyalty to organize into groups of people with identical capabilities to permit the members to focus on their individual goals
The primary purpose of assembling a team is a).to achieve a common goal.
The primary purpose of assembling a team is to achieve a common goal. Teams are composed of individuals with different skills, backgrounds, and perspectives who come together to work towards a shared objective. The goal of the team is typically defined by the organization and aligns with the overall strategy and mission of the company. By working together, team members can pool their knowledge, skills, and resources to find innovative solutions, make better decisions, and achieve outcomes that would not be possible for individual team members working alone. The collaborative nature of teams also helps to promote teamwork, cooperation, and interdependence among team members, leading to a more efficient and effective work environment.
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check my work within the supply-and-demand model, a tax collected from the buyers of a good shifts the a. demand curve upward by the size of the tax per unit. b. demand curve downward by the size of the tax per unit. c. supply curve upward by the size of the tax per unit. d. supply curve downward by the size of the tax per unit.
When a tax is collected from buyers of a good, the demand curve shifts downward by the size of the tax per unit, meaning people will be willing to purchase less of the good. Option B. demand curve downward by the size of the tax per unit.
This is because the higher cost of the good due to the tax reduces the overall demand for it in the market. The supply curve, meanwhile, shifts upward by the size of the tax per unit, meaning that the suppliers will be willing to offer more of the good at the higher price. This is because they now have the incentive of earning more profit due to the increased price.
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reasonable uses of debt include all the following except a. to finance an education. b. to cover a budget deficit. c. to purchase a car. d. to buy a house. e. to fund other investments.
Purchasing a car do not come under reasonable use of debt.
The correct answer is option C.
Good debt is frequently instanced in the old word “ it takes plutocrat to make plutocrat. ” If the debt you take on helps you induce income and make your net worth, also that can be considered positive. So can debt that improves your and your family's life in other significant ways. In addition," good" debt can be a loan used to finance commodity that will offer a good return on the investment. exemplifications of good debt may include Your mortgage. You adopt plutocrat to pay for a home in expedients that by the time your mortgage is paid off, your home will be worth further. Debt- to- income rate is your yearly debt scores compared to your gross yearly income ( before levies), expressed as a chance. A good debt- to- income rate is lower than or equal to 36. Any debt- to- income rate above 43 is considered to be too important debt.
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select all that apply the two roles of financial accounting are to: multiple select question. report cost accounting information for internal decisions. measure and report results to taxing authorities. measure business activities of the company. communicate information to external parties for decision making purposes.
Financial accounting has two primary objectives measuring a company's current activities and providing investors and creditors with knowledge with those activities to assist them in setting priorities.
Which two categories go under financial accounting?
The cash method as well as the accrual method are indeed the two main kinds of financial accounting. The timeframe wherein the transactions are reported (or not documented) is the main distinction between these two methods of financial accounting.
Which two primary financial statements are available for use?
Income statements display the total amount of revenue and expenses for a given time period for a company. The interchange of cash among a corporation and the front world is indeed depicted in cash flow statements throughout duration.
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the government wants to transfer welfare from buyers to sellers by collecting a $1 tax on a good from buyers and subsidizing sellers $1 for each unit of the good sold. this policy will: a. decrease the equilibrium price b. increase the equilibrium quantity c. increase the equilibrium price d. decrease the equilibrium quantity
The government policy above will decrease the equilibrium price of the goods. The correct answer to the question above is option A. decreases the equilibrium price.
The equilibrium price is the condition where the demand for goods matches the supply or the condition where the supply and demand are balanced.
In a market in equilibrium condition, the price reflects an exact balance between buyers and sellers. Market equilibrium rarely happens.
There are some types of equilibrium:
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today, you are investing $25,000 at 6%, compounded monthly, for 10 years. how much additional income could you earn if you could have invested this amount at 7%, compounded monthly?
The additional income you earn if you could have invested this amount at 7%, compounded monthly will be $4,756.61
How to calculate the amountFrom the information, you are investing $25,000 at 6%, compounded monthly, for 10 years.
The additional income you earn if you could have invested this amount at 7%, compounded monthly will goes thus
We have to find the difference between the present value of both the scenarios.
interest rate=6%/12
period=10*12=120 months
=25000*[(1+(7%/12))^120]-[(1+(6%/12))^120]
=$4,756.61
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in what way did the patton boggs and k.k.r. corporations potentially influence the findings brookings research produced on metropolitan growth in cities like detroit?
Making financial contributions to Brookings, Patton Boggs, and K.K.R. corporations may have an impact on the conclusions the company made about metropolitan expansion in places like Detroit.
What does urban development mean?
Population increase in metro centers suggests that unplanned suburban sprawl encompassing outlying areas and the formation of nearby towns around large cities are likely in the future.
They wouldn't have received funding or donations during the following funding cycle if Brookings had conducted research that did not support their goals of depicting the corporate growth of inner cities.
Therefore, A strategic plan for coping with change in urban areas is the definition of a metropolitan plan conceptually.
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suppose the abc bank has excess reserves of $1,000 and checkable deposits of $30,000. if the reserve requirement is 10 percent, what is the size of the bank's actual reserves?
Suppose ABC Bank has $30,000 in checkable deposits, $1,000 in surplus reserves, and $1,00 in other assets. The size of the bank's actual reserves is $4,000 if the reserve requirement is 10%.
What other names are given to checkable deposits?Demand deposits, often known as checkable deposits, are closely related to cash. The following amounts are what are kept in checking accounts. Demand deposits and checkable deposits are so-called because the financial institution is supposed to give the deposit holder his money "on demand" when a check is written or a debit card is used.
Checks can be written on bank accounts that accept checkable deposits. Among the deposit kinds that could be investigated are checking, savings, and money market accounts. Although checkable deposits are relatively liquid, they frequently have fees and are not intended for long-term goals.
Bank's actual reserves= Checkable Deposits X Percentage of reserve Requirement + Excess reserves
Bank's actual reserves= $30,000 X 10% + 1000
Bank's actual reserves= $4000
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what term best describes the borrower who is personally liable for a debt obligation related to the purchase of a home? multiple choice mortgagor mortgagee grantee grantor
Mortgagor describes the borrower who is personally liable for a debt obligation related to the purchase of a home.
Those who take out a mortgage debt to purchase home are referred to as mortgagors. A mortgagor has to submit an application and have the lender's underwriters' approval before they can get a loan. The mortgagor is in charge of making prompt interest and principal payments after the loan has been funded.
A mortgage debt has two parties: a mortgagor who receives the money and a mortgagee who makes the loan available. In the event that a loan is authorized, the borrower is required to submit a credit application and accept the conditions of the mortgage loan. They risk having their home foreclosed upon if they don't.
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virtual meetings are not considered cost effective applications of data communication systems for managers. a. true b. false
This assertion is false. Thus, data verbal exchange refers to the exchange of facts between two or more networked or related devices. These gadgets have to be successful of sending and receiving facts over a verbal exchange medium.
Examples of such gadgets include private computers, cellular phones, laptops, etc.
What is the significance of records communication?All in all, facts conversation lets in organizations to minimize fees and enhance effectivity by means of sharing statistics and frequent equipment among many specific computers. At the same time, the network can also be connected through cables, smartphone lines, infrared beams, which is more cost-effective and helps to minimize the expenses.
What are three advantages of statistics communication?
Benefits of Data Communication are : secure and steady records exchange environment. joint data protection system. facts transmission in compliance with the IP data transmission protocol.
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brainly.com/question/30298775#SPJ4economic profits are: multiple choice total revenue minus total cost. total cost minus total revenue. marginal revenue minus total cost. total revenue minus marginal cost.
Economic profits are defined as total revenue minus total cost.
Revenue is the total amount of money earned by a company from its sales. Profit is the share of money that remains after deducting the company's operational costs, debts, taxes, and any other expenses incurred in the pursuit of revenue.
Hence, we can calculate profit as:
Profit = revenues - total cost
Profitability may be increased in four major areas. These include cost reduction, increased turnover, increased productivity, and increased efficiency.
We can also enter new market segments or create new products or services.
Close cost management can drive your profitability. Most organizations may find ways to reduce waste; nevertheless, it is critical not to save costs at the price of the quality of your products and services.
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