The fixed costs of a business are $300,000 per year and variable costs are $2.00 per unit. The
business sells 200,000 units per year at a selling
price of $5.00. The profit made per year is:

O $300,000
O $1,000,000
O $600,000
O $1,500,000​

Which of the following accurately describes a surplus? a. consumer demand for a certain car is below the number of cars that are produced. b. the production costs for a certain car are below the sale price of that car. c. a reduction in the cost of steel enables a car company to reduce the sale price of its cars. d. a car company tries to charge too high a price for a car and has to reduce the price. 2b2t

At the beginning of 2014, winston corporation issued 10% bonds with a face value of $2,000,000. these bonds mature in five years, and interest is paid semiannually on june 30 and december 31. the bonds were sold for $1,852,800 to yield 12%. winston uses a calendar-year reporting period. using the effective-interest method of amortization, what amount of interest expense should be reported for 2014? (round your answer to the nearest dollar.)

The adjusted trial balance for china tea company at december 31, 2018, is presented below: