2015 1. What is Profit Maximization using TR-TC Approach? Profit Maximization using TR-TC Approach is a method in determining the Profit and the Loss of a certain Company. To obtain the profit maximizing output quantity‚ we start by recognizing that profit is equal to total revenue (TR) minus total cost (TC). Given a table of costs and revenues at each quantity‚ we can either compute equations or plot the data directly on a graph. (Lipsey‚ 2011) Figure 1.Illustration of Profit Maximization using
Premium Monopoly Economics Oligopoly
profit maximization Definition A process that companies undergo to determine the best output and price levels in order to maximize its return. The company will usually adjust influential factors such as production costs‚ sale prices‚ and output levels as a way of reaching its profit goal. There are two main profit maximization methods used‚ and they are Marginal Cost-Marginal Revenue Method and Total Cost-Total Revenue Method. Profit maximization is a good thing for a company‚ but can be a bad thing
Premium Profit maximization Economics
Capital Structure and Profit Capital Structure Definition A unite of a company’s long-term debt‚ specific short-term debt‚ common equity and preferred equity. The capital structure is how a firm finances its overall operations and growth by using different sources of funds. Debt comes in the form of bond issues or long-term notes payable‚ whereas equity is classified as common stock‚ preferred stock or retained earnings. Also‚ Short-term debt such as working capital requirements is considered
Premium Finance
The three myths in the “Appetite for Profit” book are choosing to eat healthier‚ marketing has little impact on food choices‚ and parents can say no to their kids. The first myth essentially comes down to the availability of healthier food. Not everyone has the option to afford this food because “healthy” food markets such as wholes food can be very expensive. Not only is it expensive‚but stores such as these are not always located in certain communities. The second myth describes the idea that
Premium Nutrition Obesity Food
Government and Not-For-Profit Environment TRUE/FALSE (CHAPTER 1) 1. F The main objective of a typical governmental or not-for-profit entity is to earn a profit. 2. TA government’s budget may be backed by the force of law. 3. FGovernmental entities have no need for an accounting system. 4. TA government’s internal managers rely on general purpose financial statements for a considerable amount of information about their government. 5. FGovernments and not-for-profits may never engage
Premium Financial statements Balance sheet
Kansas City MO 64111 USA 816-931-1414 Apple‚ Foxconn & Manufacturing Strategy By Quarterman Lee‚ P.E. Strategos‚ Inc. 23 June 2012 C O N S U L T A N TS • E N GI N E E R S • S T R A TE G I S T S www.strategosinc.com 1 © 2012 Strategos‚ Inc. Apple‚ Foxconn & Manufacturing Strategy Steve Jobs and Apple Computer once built a "factory of the future" in Fremont‚ California. They spent $20‚000‚000 and then closed it after just two years. Today‚ Apple ’s net worth is more than Poland. So
Premium Apple Inc. Manufacturing Assembly line
iPhone 6 Plus vs Galaxy Note 4: How do they compare? http://www.trustedreviews.com/opinions/iphone-6-plus-vs-galaxy-note-4 http://www.trustedreviews.com/opinions/iphone-6-vs-iphone-5s http://www.forbes.com/sites/gordonkelly/2014/09/09/iphone-6-vs-iphone-6-plus-what-is-the-difference/ http://www.trustedreviews.com/opinions/iphone-6-vs-iphone-6-plus Notes from sabie : Dans l’offre il fo inclure les packs personnalisés‚ une assurance payante intervention jusqu’à 22hMeme jour Une assistante sera
Premium Mobile phone Apple Inc.
Q: Is depreciation expense or depreciation cost is fixed cost or variable cost in nature? Fixed costs: Fixed costs are such costs that do not change with the change in activity level within the relevant range. Where relevant range can be defined in terms of time or activity level. Variable costs: Variable costs are such costs that change with the change in activity level . Coming to the question‚ depreciation expense or depreciation cost can either be fixed or variable and this depends on the
Premium Costs Variable cost Depreciation
PRINCIPLES OF COST CONTROL 1.1 Introduction Cost is important to all industry. Costs can be divided into two general classes; absolute costs and relative costs. Absolute cost measures the loss in value of assets. Relative cost involves a comparison between the chosen course of action and the course of action that was rejected. This cost of the alternative action - the action not taken - is often called the "opportunity cost". The accountant is primarily concerned with the absolute cost. However‚
Premium Costs Variable cost Cost
LYSSA A. SABADO IV-1 RIZAL READING REPORT 4.1 I. Title: Scent of Apples II. Author: Bienvenido N. Santos III. Settings: Kalamazoo IV. Characters: Celestino Fabia - a Filipino farmer‚ the one who asked about the difference between Filipinas then and now Ruth – a loving‚ loyal and warm hearted wife of Celestino Roger – little gentleman son of Celestino V. Questions: 1. What is the story all about? The scent of apples is all about to all immigrants Filipino who are suffering from nostalgia
Premium Family Philippines Sibling