Michael works in communications. On December 31, 2017, he bought an existing business with servers and a building worth $300,000. During 2018, he bought new servers for $500,000. The market value of his older servers fell by $200,000. What was Michael's gross investment during 2018?

Q: If a firm earns $375 billion in profits for the year and they retain $218 billion, what is the…

A: As given Profit = $375 billion Retain amount = $218 billion

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A: Functional approach: The functional approach is a type of organizational structure that involve…

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A: Given: Closing stock=$ 50 million Opening stock=$25 million To find: Change in stock

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A: Saving is the excess of income over consumption expenditure.  S = Y - C

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A: 18) The actions and procedures used by organizations to produce their goods and services are known…

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A: Given Information Value of closing stock = $50 millionValue of opening stock = $25 Million

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A: Given: Amount = 50,000

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A: Explicit cost = 30,000+50,000+5000 = 85,000  Implicit cost = 50,000+15,000+2000 = 67,000

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A:

Q: It is the measure of the value of a section of the stock market and is computed from the price of…

A: A statistical measure, generally of a price or quantity, produced from a representative collection…

Q: Calculate opening stock if closing stock is $4500 and change in stock is $3000

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A:

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A:

Q: If sales is $60,000 and change in stock is $17,000 Calculate Value of output

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Q: What does a decline inventory turnover ratio suggest?

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A: The expenses a firm incurs that are explicit and quantifiable, such as salaries, rent, and supplies,…

Q: Why is it essential to keep a close eye on fixed expenses?

A: Fixed expenses or overhead costs are that part of production costs which do not fluctuate with the…

Q: What would be the value of sales given that value of output is $31,000 and changs in stock is…

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