Non-Operating Activities That Include Interest, Dividend, and Rent Revenues, and Gains

question 225

Short Answer

Non-operating activities that include interest, dividend, and rent revenues, and gains from asset disposals are called ________.

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Definitions:

Marginal Revenue

Marginal Revenue is the increase in revenue resulting from the sale of one additional unit of a product or service.

Marginal Cost

The financial impact of manufacturing an additional unit of a product or service.

Profit Maximization

A company's objective to make the most amount of profit possible with its current resources and market conditions.

Competitive Firm

A company that operates in a market with many buyers and sellers, where each has a negligible effect on the market price.