____________ is referred to as the excess of expected average profit over normal profit.
Question:
____________ is referred to as the excess of expected average profit over normal profit.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (4 reviews)
Answered By
Mercy Kangai
I provide creative and detailed administrative, web search, academic writing, data entry, Personal assistant, Content writing, Translation, Academic writing, editing and proofreading services. I excel at working under tight deadlines with strict expectations. I possess the self-discipline and time management skills necessary to have served as an academic writer for the past seven years. I can bring value to your business and help solve your administrative assistant issues. I have extensive experience in marketing and small business management.
4.80+
27+ Reviews
86+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
During the 2015-16 period, Larry Energeria Ltd acquired a patent for heating glazing unit, as well as incurring expenses in relation to the development of a new power generation brick that it expects...
-
Barry Simkins Hardware store sells the Ace model electric drill . Daily demand for the drill is relatively low but subject to some variability. Over the past 300 days , Simkin has observed the demand...
-
In February 19_8, Randy White, president of Arriscraft Corporation (Arriscraft), had just received two requests for a price on two of their marble products. The first request was from a nearby city...
-
In Exercises 7582, express the given function h as a composition of two functions f and g so that h(x) = (f g)(x). h(x) = x-9
-
Using the chart of accounts in Figure 2-1, determine the changes to the balance sheet, income statement, job cost ledger, and equipment ledger as the result of billing $600 for Truck 22 to job cost...
-
Security and Encryption
-
1.3 Isaac Dez of Brazil. Isaac Dez Peris lives in Rio de Janeiro, Brazil. While attending school in Spain, he meets Juan Carlos Cordero from Guatemala. Over the summer holiday, Isaac decides to visit...
-
Hogs & Dawgs is an ice cream parlor on the border of north-central Louisiana and southern Arkansas that serves 43 flavors of ice creams, sherbets, frozen yogurts, and sorbets. During the summer Hogs...
-
Mr. Blochirt is creating a college investment fund for his daughter. He will put in $11,000 per year for the next 14 years and expects to earn a 9% annual rate of return. How much money will his...
-
What are the methods of calculating goodwill based on super profit?
-
True and False. While computing average capital employed, provision for taxation should be treated as a part of profit.
-
The Telwar Co. has just gone public. Under a firm commitment agreement, the company received $25.11 for each of the 30 million shares sold. The initial offering price was $27 per share, and the stock...
-
Read the following article from The Marshall Project https://www.themarshallproject.org/2023/08/31/dungeons-and-dragons-texas-death-row-tdcj Ask yourself a few things: 1. What is the Marshall...
-
To avoid being a price taker, you understand that you have to differentiate your product so you face a specific demand curve for your product that is downward sloping. Now you can raise price for...
-
where: Calculate the cost of equity for a hypothetical private firm (rate of return for private investors) under the following circumstances. (8pts): cost of common equity 10% advisory premium 11%...
-
Carla is a 14-year-old female who lives with hermom and 17-year-old brother. She has had annual preventive healthcare from birth and has grown along average height and weight trends. Her medical...
-
Your little sister starts talking about a family vacation thatyou had gone on quite some time ago when she was only 3 years old.She swears she remembers the trip but you are skeptical. How wouldyou...
-
Identify some of the essential elements of an unconditional service guarantee.
-
On July 1, 2011, Flashlight Corporation sold equipment it had recently purchased to an unaffiliated company for $480,000. The equipment had a book value on Flashlights books of $390,000 and a...
-
Super India Ltd issued 75,000 equity shares. The whole of the issue was underwritten as follows : A ---- 50%; B ---- 25%; C ---- 25%. Applications for 60,000 shares were received in all, out of which...
-
Following are the Balance Sheets of M Ltd. and N Ltd. as at 31st December, 2015: M Ltd. acquired the share in N Ltd. on 1st July, 2015. On 1st January, 2015, the Profit and Loss Account of N Ltd....
-
The following are the Balance Sheets of H Ltd. and its subsidiary S Ltd. as at 31st December, 2015: H Ltd. acquired the shares in S Ltd. on 1st April, 2015. The Profit and Loss Account of S Ltd....
-
Costs paid by Medicare are Blank______ in determining the estimated net cost of postretirement benefits. Multiple choice question. not considered deducted added
-
Which answer choice correctly completes the folloiwng statement? " Ways to 'game' the budgeting process include ________." Group of answer choices "delaying sales if just short of a target"...
-
When there is a specific need for financial and/or administrative services to support incident management activities, a Finance/Administration Section should be established. Under the Incident...
Study smarter with the SolutionInn App