Year/Number of Years Since 1971/Number of stores

• Identify the initial value and the growth rate of your exponential model and explain what they mean in the context of Starbucks Stores. Put your explanations in a text box.

• Use your exponential model to predict the number of Starbucks locations in the following years:

1980, 1990, 2000, 2010, 2020, 2030, 2040, 2050

Which of the following accounts will be included in a post-closing trial balance?

a.Service Revenue

b.Rent Expense

c.Interest Expense

d.Unearned Revenue

Explain in detail the shape of a perfectly competitive firm’s Total Revenue function and a monopoly's Total Revenue function. Explain why they are different.

Let x0=19, profit(19)=52, marginal profit(19+1)=4. Evaluate the approximation of profit at x1=5. Round your answer to the nearest integer.

Let x0=60, revenue(60)=1,009, revenue(60+1)=1,018. Evaluate the approximation of revenue at x1=45. Round your answer to the nearest integer.

5-b b. List and explain the 3 decision process questions confronting the producer in pure competition.
1) Total Revenue = price*quantity(TR=P*Q)
2)Average Revenue = price (AR=P)
3)Marginal Revenue = price (MR=P)

Please help to explain these three aswers for the above question.

alpha lumber co. has the following short-run total costs:
total explicit cost=$40,000
total implicit cost=$20,000
how profitable (economic profit, normal profit or economic loss) is the company in each of the following cases:
A. Total revenue=$65,000
B. Total revenue=$60,000
C. Total revenue=$55,000

On October 1, 2021, a company sells $800 of gift cards to customers. The gift cards expire one year from the date of sale. By October 1, 2022, $750 of the gift cards have been redeemed and the sales recorded at the time of redemption. What entry, if any, should the company record on October 1, 2022?

A) Debit Sales Revenue, $50; credit Cash, $50. B) Debit Cash, $750; credit Sales Revenue, $750. C) Debit Deferred Revenue, $50; credit Sales Revenue, $50. D) No journal entry is necessary.

Scarlet makes an $18,750, 120-day, 8% cash loan to Greene Co. on November 1. Scarlet's end-of-period adjusting entry on December 31 should be:

Group of answer choices

A) Debit Cash for $250; credit Notes Receivable $250.

B) Debit Interest Revenue $500; credit Notes Receivable $500.

C) Debit Interest Receivable $250; credit Interest Revenue $250.

D) Debit Interest Receivable $500; credit Interest Revenue $500.

E) Debit Notes Receivable $500; credit Interest Revenue $500.