Should a firm shut down immediately if it is making losses?
Question:
Should a firm shut down immediately if it is making losses?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (4 reviews)
Whether a firm should shut down immediately if it is making losses depends on various factors and the specific circumstances of the business Here are ...View the full answer
Answered By
Nazrin Ziad
I am a post graduate in Zoology with specialization in Entomology.I also have a Bachelor degree in Education.I posess more than 10 years of teaching as well as tutoring experience.I have done a project on histopathological analysis on alcohol treated liver of Albino Mice.
I can deal with every field under Biology from basic to advanced level.I can also guide you for your project works related to biological subjects other than tutoring.You can also seek my help for cracking competitive exams with biology as one of the subjects.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Should a firm shut down if its weekly revenue is $ 1,000, its variable cost is $ 500, and its fixed cost is $ 800, of which $ 600 is avoidable if it shuts down? Why? 2.5.
-
Should a firm shut down if its revenue is R = $ 1,000 per week, a. Its variable cost is VC = $ 500, and its sunk fixed cost is F = $ 600? b. Its variable cost is VC = $ 1,001, and its sunk fixed cost...
-
Googles ease of use and superior search results have propelled the search engine to its num- ber one status, ousting the early dominance of competitors such as WebCrawler and Infos- eek. Even later...
-
Hrishi is a senior executive for a large manufacturing company in Mississauga Ontario where he has been employed for the past 10 years and his annual salary is $250,000 including bonus. He is 47...
-
Because ABC Company suffered large losses from fraud last year, senior management has decided to be more proactive in implementing a fraud prevention environment. In interviewing employees, they...
-
Find three certification authorities and compare the features of each companys digital certificates. Provide a brief description of each company as well, including number of clients. Prepare a brief...
-
The usual expansion device used in a window air conditioner is (a) capillary tube (b) automatic expansion valve (c) float valve (d) hand expansion valve
-
On April 1, Wonder Travel Agency Inc. was established. These transactions were completed during the month. 1. Stockholders invested $30,000 cash in the company in exchange for common stock. 2. Paid...
-
You are the budgeting manager for Summertime Grills Limited. The company makes two types of gas grills - the Tailgater and the Master Chef. For each of the two models, three raw materials are...
-
How does the average variable cost curve help a firm know whether it should shut down immediately?
-
What two lines on a cost curve diagram intersect at the zero-profit point?
-
What criteria are used to determine whether items are relevant for inclusion in the accounts?
-
You have forecast pro forma earnings of $1,089,000. This includes the effect of $206,000 in depreciation. You also forecast a decrease in working capital of $90,000 that year. What is your forecast...
-
Revise each of the following sentences to replace negative words with positive ones. Be sure to keep the meaning of the original sentence. 1. You will lose the account if you make a mistake and the...
-
On 5 February 2022, N Wayne sold goods on credit to H Garden for $1199 ($1090 + $109 GST). On 14 February, he received a cheque from H Garden for $1199. However, on 17 February N Waynes bank advised...
-
Use Pitts Corporation data to compute its FCFF for the next three years. Assume that growth in FCFF remains at the historical levels of 15 percent a year. The answer is (in millions): 2012 Actual...
-
Design a highpass filter satisfying the specification below using the frequency sampling method: \[\begin{aligned}M & =40 \\\Omega_{\mathrm{r}} & =1.0 \mathrm{rad} / \mathrm{s} \\\Omega_{\mathrm{p}}...
-
Notigi Mines Ltd. (Notigi) is a mining venture that recently began operations in northern Manitoba. The mine has been under development for the last two years and will produce its first shipments of...
-
CRUZ, INC. Comparative Balance Sheets December 31, 2015 CRUZ, INC. Income Statement For Year Ended December 31, 2015 Required Use the indirect method to prepare the cash provided or used from...
-
You just posted a credit to Accounts Receivable. Which special journal did it come from? A. Sales journal B. Cash receipts journal C. Purchases journal D. Cash disbursements journal E. General journal
-
Identify where each of the following transactions would be found on the bank reconciliation. Transaction Outstanding check Interest income NFS check Wire transfer by customer Deposit in transit Bank...
-
Using the following information, prepare a bank reconciliation. Bank balance: $4,021 Book balance: $2,928 Deposits in transit: $1,111 Outstanding checks: $679 Bank charges: $35 Notes...
-
A disk (Idisk = 12MR2) of mass 200kg and radius 2m is rotating at rad/s. A small object of mass 40 kg then collides with and sticks to the disk at a location halfway between the center and the edge....
-
Could you please give me answers that are supported by references? There are some acts that are considered to be criminal in nature based on the likelihood of creating a disturbance to the peace or...
-
Legal Encyclopedia Research - Fact-Based Research on the Twain fact pattern Go back to the home page in Lexis, then click on the "Secondary Materials" link in the "Explore Content" box. Under the...
Study smarter with the SolutionInn App