All of the following industry types have market power except

A) monopolistic competition.
B) perfect competition.
C) monopoly.

D) oligopoly.

CCC Computer Company has a monopoly on the sale of a specialized color printer. If it sells two of these printers its total revenue is $1,000, and if it sells three color printers its total revenue is $1,200. The marginal revenue of the third color printer sold is
A) equal to the price

B) $400
C) less than its price
D) higher than the price

For a monopoly, the marginal revenue curve has one point in common with the firm's linear demand curve, which is ___________
A) y - intercept
B) no point in common

C) x - intercept
D) Indeterminate from the given information

When a monopolist sells two units of output its total revenue is $600. When a monopolist sells three units of output its total revenue is $630. The marginal revenue of the second unit is _____ A) Indeterminate from the given information
B) $230.

C) $310.

D) $630.

When a monopolist sells two units of output its total revenue is $600. When a monopolist sells three units of output its total revenue is $660. In order to sell three units of output instead of only two, the monopolist must
A) increase its price by $30 per unit.

B) decrease its price by $80 per unit.
C) make no change in price and increase output by one unit.

D) decrease its price by $30 per unit.

Big TimeBig Time Investor Group is opening an office in​ Portland, Oregon. Fixed monthly costs are office rent ​($$8,900​), depreciation on office furniture left parenthesis $($1,700)​, utilities ​($2,500​), special telephone lines ​($1,600​), a connection with an online brokerage service ​($2,600​), and the salary of a financial planner ​($17,700​). Variable costs include payments to the financial planner ​(88​% of​ revenue), advertising left parenthesis (13% of​ revenue), supplies and postage ​(33​% of​ revenue), and usage fees for the telephone lines and computerized brokerage service left parenthesis 6 %(6% of​ revenue).

​(Round your answers to the nearest whole​ number.)

The following comparative income statement (in thousands of dollars) for the two recent fiscal years was adapted from the annual report of Speedway Motorsports, Inc., owner and operator of several major motor speedways, such as the Atlanta, Texas, and Las Vegas Motor Speedways.

Income Statement

Prepare a comparative income statement for these two years in vertical form, stating each item as a percent of revenues. Enter all amounts as positive numbers. Rounding instructions (Note: Due to rounding, amounts may not total 100%).

Final Question

Comment on the significant changes.

While overall revenue some between the two years, the overall mix of revenue sources did change somewhat. The NASCAR broadcasting revenue as a percent of total revenue by almost 2.6 percentage points, while the percent of admissions revenue to total revenue by 2 percentage points. Overall, it appears that income from continuing operations has significantly improved because of

Are these rides equal in terms of monetary revenue? Test at α = 0.5 significance level.

Happy Cat:                 Average daily revenue = $705.00;   standard deviation = 80;    n = 12

Vicious Mouse:          Average daily revenue = $663.00;   standard deviation = 90;    n = 17

SHOW ALL WORK

Create a PivotTable to combile the following information:

1. The total revenue for each salesperson

2. For each salesperson, the total revenue by product

3. Total revenue generated by each salesperson broken down by location

Please provide excel formulas and solutions

https://drive.google.com/open?id=16kL_VoQlIsOCaioggkjnGBFR_GvCrSGM

1. Businesses have been hit severely in the light of Covid-19 pandemic and the Movement Control Order imposed by the Malaysian Government to curb the spread of the disease. Karim, a business owner of a restaurant in Negeri Sembilan, had to shut down his business as the abrupt decline in his business income could not sustain the business operating expenses. Briefly explain the type of assessment that could be issued to Karim by the Director-General of Inland Revenue Board of Malaysia when he ceased his business, and why this assessment is issued.

2. Based on each of the situations below, explain the type of offence, the provision of the offence under Income Tax Act 1967, and penalty (fine/imprisonment) faced by the taxpayers:

1. Aaron submitted a duly completed return for the year of assessment 2019 on his own. He had declared business income from selling imported gift items and souvenirs. It was discovered during a tax audit that he had not declared his income from the rental business that he has been carrying on for the past 5 (five) years.

2. Ben is a head of accounting department in LHS Sdn Bhd. For the year of assessment 2019, he was instructed by the director of the company (Tan), to reclassify certain entertainment expenses of the company (which are not allowable for income tax purposes) as purchases of goods and service. By doing so, he managed to understate the tax liability of the company by more than RM5,000 for 2019. This was discovered during a tax audit.

3. Chong is a tax agent, appointed by Rinata Sdn Bhd to prepare the tax computation for the company. A detailed statement for "Sundry Expenses" of RM80,000 provided by Rinata Sdn Bhd had clearly indicated that a donation of RM10,000 was included therein. Chong made an immediate request in writing for the receipt, advising the company that only donations made to approved bodies or institutions under section 44(6) would be eligible for deduction. Rinata Sdn Bhd confirmed in a letter that the donation had been made to an approved body and that it was in the process of obtaining the receipt for it. In view of the impending due date for the submission of the return and relying on that confirmation, Chong made the relevant adjustments for the donation in the tax computation. It was discovered during a tax audit that there has been an understatement of the company's tax liability as the donation had been made to a non-approved body, about which the company had neglected to inform Chong as the tax agent subsequently.

4. Fatt, a graduate of Lim Kok Wing University, founded a startup business in Selangor after he graduated. He has been earning a steady income from his business venture in 2019. However, he did not declare any of his income to the Inland Revenue Board of Malaysia by filing Income Tax Return Form, as he was afraid of not getting any government assistance thereafter as his income exceeds the limit stipulated.

Koshy Company is planning a cash budget for the next three months. Estimated sales revenue is:

Month Sales Revenue Month Sales Revenue

All sales are on credit; 60 percent is collected during the month of sale, and 40 percent is collected during the next month. Cost of goods sold is 80 percent of sales. Payments for merchandise sold are made in the month following the month of sale. Operating expenses total $26,000 per month and are paid during the month incurred. The cash balance on February 1 is estimated to be $35,000.

Prepare monthly cash budgets for February, March, and April.

In Chapter 6 you learned about revenue recognition as well as evaluating receivable balances and establishing an allowance for bad debts. Access Starbucks 10-K and answer the following (hint: you will need to explore the first footnote):

10-K link: https://www.sec.gov/Archives/edgar/data/829224/000082922414000041/sbux-9282014x10k.htm#s6571E5A222BF69F5F8068EA40E001FDA

Starbucks has provided detail for 3 categories of net revenue shown on the income statement. List each category and provide a brief summary of each category, including information such as (but not limited to): the amount of revenue in the category for the most recent year, description of revenue stream, when revenue is recognized, how it is recognized (net of what type of items) etc.

Bob owns the Sweet Alps Chocolate store. She charges $10 per pound for her hand made chocolate. You, the economist, have calculated the elasticity of demand for chocolate in her town to be 2.5. If she wants to increase her total revenue, what advice will you give her?

• A. increase her price, because demand is elastic, increasing the price will increase the total revenue.
• B. increase her price, because demand is inelastic, increasing the price will increase the total revenue.
• C. lower her price, because demand is elastic, lowering the price will increase the total revenue.
• D. lower her price, because demand is inelastic, lowering the price will increase the total revenue.

You own a small business and want to increase the total revenue you collect from sales of your product.

In each of the scenarios described​ below, what can you do to increase total​ revenue?