Kangaroo company had the following amounts on its balance sheet as of december 31, 2018: inventory $325,000 notes payable 100,000 cash 150,000 common stock 750,000 net property, plant, & equipment 600,000 accounts receivable 30,000 accounts payable 45,000 retained earnings ? what is the balance of retained earnings? 210,000 180,000 310,000 750,000
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Business, 22.06.2019 21:00
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Business, 22.06.2019 23:10
Until recently, hamburgers at the city sports arena cost $4.70 each. the food concessionaire sold an average of 13 comma 000 hamburgers on game night. when the price was raised to $5.40, hamburger sales dropped off to an average of 6 comma 000 per night. (a) assuming a linear demand curve, find the price of a hamburger that will maximize the nightly hamburger revenue. (b) if the concessionaire had fixed costs of $1 comma 500 per night and the variable cost is $0.60 per hamburger, find the price of a hamburger that will maximize the nightly hamburger profit.
Answers: 1
Kangaroo company had the following amounts on its balance sheet as of december 31, 2018: inventory...
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