TT and Co is a new business that started trading on 1 January 2019. The following is a summary of transactions that occurred during the first year of trading: The owners introduced Rwf 50,000,000 of capital, which was paid into a bank account opened in the name of the business.
Premises were rented from 1 January 2019 at an annual rental of Rwf 20,000,000. During the year, rent of Rwf 25,000,000 was paid to the owner of the premises.
Rates (a tax on business premises) were paid during the year as follows:
For the period 1 January 2019 to 31 March 2019 Rwf 300,000
For the period 1 April 2019 to 31 March 2020 Rwf 1,200,000
A delivery van was bought on 1 January 2019 for Rwf 12,000,000. This is expected to be used in the business for four years and then to be sold for Rwf 2,000,000.
Wages totalling Rwf 33,500,000 were paid during the year. At the end of the year, the business owed Rwf 630,000 of wages for the last week of the year.
Electricity bills for the first three quarters of the year were paid totalling Rwf 1,650,000. After 31 December 2019, but before the financial statements had been finalised for the year, the bill for the last quarter arrived showing a charge of Rwf 620,000.
Inventories totalling Rwf 143,000,000 were bought on credit. Inventories totalling Rwf 12,000,000 were bought for cash.
Sales revenue on credit totalled Rwf 152,000,000 (cost of sales Rwf 74,000,000).
Cash sales revenue totalled Rwf 35,000,000 (cost of sales Rwf 16,000,000).
Receipts from trade receivables totalled Rwf 132,000,000.
Payments to trade payables totalled Rwf 121,000,000.
Van running expenses paid totalled Rwf 9,400,000.

Required: Produced TT and Co’s Statement of Comprehensive Income for the period in question. Assume a tax rate of 30%

Label each scenario with the term that best describes it. use the midpoint method when applicable. marcel duchamp was a famous artist prior to his death, and was known for his dada artwork, including works such as "soft toilet". all of his original sculptures and paintings go on sale. paul owns a tim horton's, a famous donut and coffee franchise. he is willing to sell as many maple glazed donuts as customers want at a price of $1.00 each, but he refuses to sell any donuts for any price lower than $1.00 . the price of facial tissues rises from $2.85 per box to $3.15 . as a result, p& g increases production from 15 million boxes to 25 million boxes of facial tissue. with the school semester starting for both high school and college, papermate chooses to increase production of pens from 38 million to 42 million after global prices of writing instruments increase from $1.90 a package to $2.10 a package. bright ideas increases its production of lightbulbs by 15% after a 400% increase in the price of fluorescent bulbs.labels: elastic supply; perfectly inelastic supply; perfectly elastic supply; inelastic supply; unit-elastic supply.

Yael decides that she no longer enjoys her job, and she quits to open a gluten-free, dairy-free kosher bakery. she pays a monthly rent for her store of $2,000. her labor costs for one month are $4,500, and she spends $6,000 a month on nut flours, sugar, and other supplies. yael was earning $2,500 a month working as a bank teller. these are her only costs. her monthly revenue is $14,000. which of the following statements about yael’s costs and profit are correct? correct answer(s) an accountant would say she is earning a monthly profit of $1,500. her implicit costs are $2,500 a month. an economist would tell her that she is experiencing a loss. her total costs are $12,500 a month. her explicit costs include the labor, rent, and supplies for her store. her economic profit is $1,500 a month.

Table 1. shows the expected demand for the dvd at different suggested donation levels, and they can act as a single-price monopolist if they choose to. thereceipts will be used to fund gstcg supplies for their data collection and conservation work. at the end of each sea turtle nesting season, any excess funds are donated by the gstcg to a local non-profit sea turtle research and rehabilitation facility. table 1 suggested anticipated total marginal profit donation per number of dvd revenue revenue dvd request requests $19.00 0 $15.00 2 $9.50 4 $7.75 10 $3.00 15 $0.00 20 a. complete table 1 by computing the total revenue, marginal revenue, and profit columns. b. the president wants the gstcg to provide videos to generate the most possible donations (total revenue). what price, if any, is the president of the gstcg favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. c. the education outreach committee wants the gstcg to provide videos to the highest possible number of people. what price, if any, is the educational outreach committee favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. d. the treasurer of the gstcg wants the dvd program to be as efficient as possible so that the marginal revenue equals marginal cost. what price, if any, is the treasurer favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. e. the fundraising committee wants the dvd program to generate as much profit in donations as possible. what price, if any, is the fundraising committee favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer.