Each of the following describes the situation currently faced by a perfectly competitive firm. In each situation, determine the firm's profit and whether the firm is maximizing profit. If the firm is not maximizing profit, determine how the firm must respond to increase its profit.

a. P=$5, Q=500, TVC = $1500, AFC = $1, MC=AVC

b. AR = $10, Q=100, TC = $2000, TVC=$1500, MC = $10

Juan is a salesman for L. L. Bowers Corp. He has a choice of three compensation plans. Plan 1 pays $2500 per month. Plan 2 pays $2000 per month plus 15% commission. Plan 3 pays $1700 per month plus 30% commission. Graph the three plans and determine which is best. I need this graphed in excel but i am not sure how to do it.

Consider following production possibilities for two countries

Which of the following is true?

Group of answer choices

France has an absolute advantage in the production of baguettes

Germany has an absolute advantage in the production of both goods

France has a comparative advantage in the production of cars

France has an absolute advantage in the production of both goods

Can you find a break-even point analysis and profit analysis? Profit and loss income statement projected for the next 3 years first year monthly

•R&D Expenses $7000 each year

•S&A $3000 each month

•Salaries 10 people with $9000 each month

•Costumer Satisfaction $8000 each month

•Rent of office $5000 each month

•Cost of recipes $2000 each month

A company produces a special new type of TV. The company has fixed costs of ​$476,000 and it costs ​$1300 to produce each TV. The company projects that if it charges a price of ​$2300 for the​ TV, it will be able to sell 750 TVs. If the company wants to sell 800 ​TVs, however, it must lower the price to ​$2000. Assume a linear demand.

What price should the company charge to earn a profit of ​$734,000​?

It would need to charge ​$

I sold everything I produced. Sales were $10,000. Variable product cost was $4000. Fixed overhead was $2000. Administrative expenses were $3000. do an absorption costing income statement and a variable costing statement, then answer the following questions.

A. $6,000

B. $1,000

C. $4,000

Last Year, Miranda house boutique experienced a loss of 2% on a gross margin of 38% and expenses of 40% totaling $37000. The boutique owner plans for a 5% increase in net sales and cost of goods sold this year. If she can lower her expenses by $2000, how much profit can she earn this year (in dollars)? Set up a skeletal P&L statement to demonstrate your calculations and response.

Doing a financial analysis of Enron and I have no idea how to answer this question?

1) Identify other financial resources (i.e. other than assets, etc.) at Enron’s disposal and indicate the relevance of these resources to Enron’s liquidity as of December 31, 2000. Address any concerns about off balance sheet obligations that will need to be met during the upcoming year. Also address any guarantees that Enron may be contingently liable for.

Must use Microsoft Excel

1. Analysis of cost for various pipe sizes is as follows:

       Select the best alternative below using Present Worth analysis. (Use Excel)