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Author Question: Which of the following best describes the "undistributed profits" of a firm? (Read 47 times)

olgamartinez04

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on: Oct 12, 2022

Question 1

Jodi recently went into business producing widgets. Which of the following would be a fixed cost for her firm?
1. labour costs of $1000 per month
2. raw material costs of $5000 per month
3. a one-year lease on a building of $12 000
◦ 1 only
◦ 2 only
◦ 3 only
◦ 1 and 2
◦ 2 and 3

Question 2

Which of the following best describes the "undistributed profits" of a firm?
◦ profits that are paid out to owners of the firm
◦ earnings that are used to cover interest expenses of the firm
◦ earnings that are used to pay dividends to shareholders
◦ profits that are available to be reinvested in the firm's operations
◦ earnings that are used to cover the costs of production
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by olgamartinez04 on Oct 12, 2022

Jim457

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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olgamartinez04

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

emsimon14

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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