Question: If a company is making normal profits it: Multiple Choice Has no revenue. Should remain open. Should shut down. Is making at least a 12%

If a company is making normal profits it: Multiple Choice

  • Has no revenue.
  • Should remain open.
  • Should shut down.
  • Is making at least a 12% return.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

Q:

summary for this article :key theme, major findings, and key implications NEW STORE DEPARTMENT LE CLO FEATURE C NEW STORE STORE CTION TO GROWTH NEW STORE FOOD PHARM NEW STORE NEW STORE STORE CLOSING...

Q:

1. Market structure analysis allows economists to: A) predict the behavior of firms. B) create the conditions of competition. C) eliminate economic profits. D) remodel the economy. 2. The perfectly...

Q:

1.How many individuals head the Securities and Exchange Commission (SEC)? Multiple Choice Five (5) Seven (7) Nine (9) Eleven (11) Twelve (12) 2.Which of the following laws created the Securities and...

Q:

Items starting 14 to 20. (Week 5 Summative Assessment Quiz). Principles of MicroEconomics 365T Questionnaire. Paragraph Styles 14. The following is cost information for the Creamy Crisp Donut Company...

Q:

I have 2 assignment done they are about financial investigation class. company is enron The company that I am choosing for my project is Enron Enron's came into existence in the year 1985 when it...

Q:

Read the case: The dream's door: a case of a MNC in Poland Introduction It was a nice sunny morning in Zurich. DAK Europe's chairman gathered all of his board members around a large table and went...

Q:

Unit VI Reflection Paper, Managerial Accounting 2 For this reflection paper, you will need to read the following article: Wink, G. B., & Corradino, L. J. (2010). Income inflation: Absorption costing...

Q:

Montonya Company has the following selected data for the current year: Sales (10,000 units) $90,000 Direct materials 30,000 Direct labor costs 10,000 Variable manufacturing overhead 3,500 Fixed...

Q:

Montonya Company has the following selected data for the current year: Sales (10,000 units) $90,000 Direct materials 30,000 Direct labor costs 10,000 Variable manufacturing overhead 3,500 Fixed...

Q:

(1) Financial Ratios Referencing this week?s readings and lecture, what are the limitations of financial ratios? Classify your answer into at least the following categories: liquidity ratios,...

Q:

Comparative financial statements for Blossom and Ayayai Ltd. are shown below. BLOSSOM AND AYAYAI LTD.Income StatementYear Ended December 31 2021 2020 Net sales $835,000 $820,000 Cost of goods sold...

Q:

What is the difference between intensive and extensive properties?

Q:

1 . 1 The provision of accounting information for internal users is known as A Financial accounting B Management accounting C Information provision D Accounting for planning 1 . 2 The users of...

Q:

Marketers use a price skimming strategy for any or all of the following reasons EXCEPT: A ) to penetrate a market. B ) to make more profit per unit C ) to test consumers' price sensitivity D ) to...

Q:

2. In this chapter, the reader should reflect on the following concepts : Thomas theorem, premise of action, utterance and mental constructions.

Q:

11. Based on the following rules regarding the confidence we have in information in a communication context, find examples from your everyday life where the rules have relevance: (a) The spatial rule...

Q:

2. Describe a situation from your own everyday life where it is clear that the situation in its consequence becomes the way you define it.