Write the Word or Phrase That Best Completes Each Statement

question 6

Short Answer

Write the word or phrase that best completes each statement or answers the question.
The revenue equation for a certain brand of mouthwash is y = 1.3x, where x is the number of bottles of mouthwash sold
and y is the total income for selling x bottles. The cost equation is y = 0.5x + 2500, where x is the number of bottles of
mouthwash manufactured and y is the cost of producing x bottles. The following set of axes shows the graph of the cost
and revenue equations.
-If the company sells 3000 bottles of mouthwash, does the company make money or lose money?

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Definitions:

Financing Activities

Transactions that involve raising capital, repaying investors, and altering the capital structure of the organization among other financing-related decisions.

Issuing Debt

The act of a corporation or governmental entity raising money by selling bonds or notes to investors.

Cash Dividends

Payments made by a company to its shareholders from its profit or retained earnings.

Statement Of Cash Flows

A financial statement that provides aggregate data regarding all cash inflows and outflows a company receives.