Aprofit-maximizing firm in a competitive market is able to sell its product for $7. at its current level of output, the firm's average total cost is $10. the firm’s marginal cost curve crosses its marginal revenue curve at an output level of 9 units. the firm experiences a

a. profit of more than $27.

b. profit of exactly $27.

c. loss of more than $27.

d. loss of exactly $27.

Describe the three different ways the argument section of a cover letter can be formatted

On april 1, santa fe, inc. paid griffith publishing company $2,448 for 36-month subscriptions to several different magazines. santa fe debited the prepayment to a prepaid subscriptions account, and the subscriptions started immediately. what amount should appear in the prepaid subscription account for santa fe, inc. after adjustments on december 31 of the first year assuming the company is using a calendar-year reporting period and no previous adjustment has been made?

Anderson farms, inc. provided the following for 2018: cost of goods sold (cost of sales)$1,300,000beginning merchandise inventory340,000ending merchandise inventory630,000calculate the company's inventory turnover ratio for the year. (round your answer to two decimal places.)