WHAT ARE COSTS AND PROFITS? HUNGRY HELEN’S COOKIE FACTORY • Helen‚ the owner of the cookie factory‚ buys flour‚ sugar‚ flavorings‚ and other cookie ingredients. • She also buys the mixers and the ovens and hires workers to run the equipment. • She then sells the resulting cookies to consumers. 2 TOTAL REVENUE‚ TOTAL COST‚ AND PROFIT • The amount that Helen receives for the sale of its output (cookies) is its total revenue. • The amount that the firm pays to buy inputs (flour‚ sugar‚ workers
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Factors affecting the choice of course of young graduates of secondary level INTRODUCTION Career choice is a complex decision for since it determines the kind of profession that they intend to pursue in life. As student try to make career choice while in secondary school‚ they face problem matching their career choices with their abilities and school performance. However‚ studies indicate that most students enter into careers that are totally different from ones they choose while in secondary
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St. Thomas More Academy‚ Inc. High School Department Molino III‚ Bacoor City‚ Cavite Factors Affecting Academic Failure Among High School Students of St. Thomas More Academy 2012-2013 Zarah Abigail L. Hernando Christian Dale C. Martagon John Bon Oliver V. Reyes Majella Marie S.D Miguel John Rene S.G Masuba Liezel Ann D. Deslate Jason Paolo D. Dumon Crisbie G. Villondo IV - St. Rita of Cascia Chapter I The problem and its background Introduction Education makes a man perfect. Everyone
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school and you see that there’s not much requirements to get into these schools as long as you have money for tuition. Those are what you call for-profit schools. Now the question is are these schools actually good for you? Can they help you in the long run or just give you classes and you’re on your own after you get the degree. I feel that for-profit schools should not be federally regulated because these colleges provide opportunities for students ignored and rejected by traditional colleges‚ they
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I disagree with researchers that all behavioral differences between men and woman are socially constructed; there are also a lot of biological and genetic factors that contribute. Two biological factors that affect our gender roles are our genes and hormones. When a baby is first conceived it is genderless for the first seven weeks of development and‚ since there is no gender‚ the development for males and females during this period is identical. At seven weeks when the sperm and egg combine to
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2) Explain why a profit maximizing firm produces the output that equates marginal revenues to marginal costs (MR=MC). In a perfectly competitive market‚ producers are price-takers and consumers are price-takers. There are many producers‚ none having a large market share and the industry produces a standardized product‚ also free entry and exit of the industry. They produce using the optimal output rule: produce where marginal revenue equals marginal cost as Smith (1904) demonstrated. Figure
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MEANING Profit maximization is the traditional approach and the primary objective of financial management. It implies that every decision relating to business is evaluated in the light of profits. All the decision with respect to new projects‚ acquisition of assets‚ raising capital‚ distributing dividends etc are studied for their impact on profits and profitability. If the result of a decision is perceived to have positive effect on the profits‚ the decision is taken further for implementation
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in United States can be applied to the construction industry in Thailand‚ so as to improve the procedure used by Thai contractor. Salama et al. (2009) conducted a questionnaire survey in Dubai high-rise Building projects. They identified 23 factors for time & cost variation. Out of which‚ design changes‚ slow progress with respect to the schedule‚ fast track projects‚ the requirement are not well defined and explained for the design and scarcity of specialized subcontractor are the most common
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A01- Profit and Loss A profit and loss account is something businesses use to show them their revenue‚ costs and profits for that certain year‚ therefore showing the total amount of profit that the business has made that year‚ it is extremely important for the business‚ in particular for the accounts department who will refer to the profit and loss account a lot. This is because it clearly lays out what the business has spent‚ and what the business has brought in‚ it is easy for the business
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1. [Sales Growth Rates‚ Sales‚ and Profits] Petal Providers Corporation opens and operates “mega” floral stores in the U.S. The idea behind the super store concept is to model the U.S. floral industry after its European counterparts whose flower markets generally have larger selections at lower prices. Revenues were $1 million with net profit of $50‚000 last year when the first “mega” Petal Providers floral outlet was opened. If the economy grows rapidly next year‚ Petal Providers expects its
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