A bookstore costs $125 a day to keep open, and spends $16 for each book it sells. the store charges $22 for each book it sells. if n represents the number of books sold, which equation represents the revenue function for this bookstore?

Answers

Answer 1

Answer:

Answer: n(22)

Revenue is referred to as sales from goods and services. It is calculated by multiplying the selling price of each unit by the total number of units sold. In the example, a bookstore that sells (n) number of books at $22 per book generates n(22) in sales revenue.

The equation which represents the revenue function for the bookstore is:

R=n(22)

Answer 2

Answer:

Answer:

Explanation:

16n + 125

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What is generally true about savings vehicle

Answers

Certificate of deposit and Money Market amount are generally true about savings vehicle.
Savings vehicle is a money market savings that earns bigger interests good for your savings to fix a house or for your vacation purposes.

Financial Ratios help to identify some of the financial strengths and weaknesses of a company. What are two ways that the ratios provide for making meaningful comparisons of a firm's financial data?a. Smoothing out differences when comparing firms that use different accounting practices and restating accounting data in relative terms.b. Identifying year over year changes in balance sheet and income statement items.c. Examining ratios across time to identify trends and comparing the firm's ratios with those of other firms.d. Determining how long it takes to collect the firm's receivables and how long it takes to pay it accounts payables.

Answers

Answer:

c. Examining ratios across time to identify trends and comparing the firm's ratios with those of other firms.

Explanation:

The financial ratios represent the financial position, performance, position of the business organization. Plus it also identifies strengths and weaknesses.

The financial ratios comprise of current ratio, quick ratio, debt to equity ratio, net profit margin, etc

These ratios help to identify the trends by comparing the ratios between two firms so that proper analyses could be made

Cartels are corporations that control almost all of the production and sale of a single product.true false

Answers

FALSE. Cartels are NOT CORPORATIONS that control almost all of the production and sale of a single product.

A cartel is an agreement between competing firms to control prices of goods. They may also come into agreement to hinder the entry of a new competitor.

A cartel rises in an oligopoly. This means that few sellers are in the market and these sellers control the price and production of various goods.

What is trading account?

Answers

A trading account is an account issued by a financial institute. Most commonly used to trade stock,bonds or currency.

Which of the following best addresses the economic question For whom to produce?a) Compass Learning Group contracts a team from India to write a course.
b)Head Tome runs a social networking site with incorporated advertising.
c)Lady Zigzag's agent makes concert tickets available on a new smartphone app.
d)InFocus conducts focus groups to determine its target market.
is it a?please can someone help me?

Answers

Yea, I agree, I think the answer is A.

George owns Luxury Yacht Company and has just received an order for one of its luxury models. To protect his company against the possibility that the customer cannot pay or that other economic and political conditions might intervene, he asks the customer to provide a __________.

Answers

Answer: Letter of credit

Explanation:

The letter of credit is one of the type of payment process that is specifically used for the purpose of international trading as it helps in proving the economical guarantee from the bank to the trader of various type of goods and the services.

The letter of credit is also refers as the documentary based credit and also the guarantee undertaking letter which is used at the time of payment and the main advantage of the letter of credit is that it is highly customizable, safety business process, Payment assured and also free from all the types of credit risk.

According to the given scenario, George asked the customer for providing the letter of credit for the purpose of protect his company fro the various types of payment and economical issue.

Therefore, Letter of credit is the correct answer.

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