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sp2606 [1]
1 year ago
14

Use the following information to answer question. Madelyn owns a small pottery factory. She can make 1,000 pieces of pottery per

year and sell them for $100 each. It costs Madelyn $20,000 for the raw materials to produce the 1,000 pieces of pottery. She has invested $100,000 in her factory and equipment: $50,000 from her savings and $50,000 borrowed at 10 percent (assume that she could have loaned her money out at 10 percent, too). Madelyn can work at a competing pottery factory for $40,000 per year.
The accounting profit at Madelyn's pottery factory is:______

a. $35,000.
b. $75,000.
c. $30,000.
d. $70,000.
e. $80,000.
Business
1 answer:
notsponge [240]1 year ago
4 0
Answer; a. $35,000.



sorry if wrong
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Answer and Explanation:

Data provided in the question

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= 0

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2 years ago
Kamran Siddiqui owns a successful fitness center in an affluent suburb of Karachi, Pakistan. He just received funding and plans
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1 year ago
Which of the following functions does an intelligent agent perform? Group of answer choices monitoring the Internet to screen ou
riadik2000 [5.3K]

Answer:

D. Classifying and indexing web pages for search engines.

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1 year ago
You want to be a millionaire when you retire in 30 years and expect to earn 8.5 percent, compounded monthly. How much more will
Alina [70]

Answer:

more will you have to save each month 981.9

Explanation:

given data

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6 0
1 year ago
Read 2 more answers
Sound Company reported the following amounts for May, 2008: Direct materials purchased $254,000 Beginning raw materials inventor
Yakvenalex [24]

Answer:

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6 0
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