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olasank [31]
2 years ago
15

Bobby decides to sell lemonade on a hot summer day. If Bobby sells 25 glasses of lemonade for $5.00 per cup, and his average tot

al cost is $4.40, what are Bobby's economic profits for the day
Business
1 answer:
bulgar [2K]2 years ago
5 0

Answer:

$ 120.60

Explanation:

25 glasses * $ 5/ glass = 125 dollars gross income

income - expense = profit

125 - 4.40 = 120.60 profit

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Ex 4) The CI Corp. has just paid a cash dividend of $2 per share. If investors require 16% return from investments such as this
Stella [2.4K]

Answer:

P0 = $27

Explanation:

Using the constant growth model of dividend discount model, we can calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,

P0 = D0 * (1+g) / (r - g)

Where,

  • D0 * (1+g) is dividend expected for the next period
  • g is the growth rate
  • r is the required rate of return  

P0 = 2 * (1+0.08)  /  (0.16 - 0.08)

P0 = $27

7 0
4 years ago
General Electric's CEO, Jeffrey Immelt, decided to refocus GE's portfolio of businesses and leverage the firm's core competency
ser-zykov [4K]

Answer:

clean-technology sector and health care sector

Explanation:

The two industries that CEO Immelt had identified as major future-growth industries were the clean-technology sector and health care sector. Both of these sectors have grown massively over the years, and General Electric has begun to notice and dip their toes into these markets by creating new products that innovate on renewable energy that can drastically change both of these sectors and provide great benefit to all.

8 0
3 years ago
Fastforward has net income of $18,955, and assets at the beginning of the year of $200,000. assets at the end of the year total
STALIN [3.7K]

Its return on assets is 8.5%.

<h3>What is  return on assets?</h3>

The return on assets measures how profitable a company's assets are at generating income.

Return on assets (ROA) measures how lucrative a company is in relation to the assets or resources it owns or controls. ROA can help investors uncover potential stock opportunities because it reveals how efficient a firm is at leveraging its assets to produce profits.

Return on Equity (ROE) is commonly defined as net income divided by equity, whilst Return on Assets (ROA) is defined as net income divided by average assets.

Return on Assets (ROA) is a sort of ROI metric that assesses a company's profitability in relation to its total assets.

To know more about  return on assets follow the link:

brainly.com/question/17289987

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8 0
1 year ago
A company using public relations sends information to media outlets such as
Anestetic [448]

Answer:

A. the media outlets

Explanation:

took the test

4 0
3 years ago
Applying activity-based costing LO P1, P3, A1, A2, C3 [The following information applies to the questions displayed below.] Craf
Ad libitum [116K]

Answer:

Craft Pro Machining

Activity Rate= Activity Cos/ Cost Driver

Production Activities    Cost Drivers                          Activity Rate

Grinding $ 320,000        13,000 machine hours                     24.615per machine hour

Polishing $ 135,000        13,000 machine hours                     10.38 per ,machine hour

Product modification 600,000 1,500 engineering hours       400 per eng. hour

Providing power $ 255,000     17,000 direct labor hours       15 per DLH

System calibration 500,000         400 batches                       1250  per batch

Working:

                                            Job 3175             Job 4286

Number of units                   200 units              2,500 units

Machine hours                        550 MH              5,500 MH

Engineering hours               26 eng.hours      32 eng.hours

Batches                               30 batches               90 batches

Direct labor hours                   500 DLH               4,375 DLH

 

                                             Job 3175             Job 4286

Number of units                   200 units              2,500 units

Grinding & Polishing           19247.25                   192472.5        

Product modification            10400                        12800

System calibration              37500                        112500

<u>Providing power                 7500                          65625</u>

<u>Total Costs                      $ 74,647.25                    $  383,397.5     </u><u>  </u>

<u />

The overhead cost per unit for Job 3175 = $ 74,647.25 /200=$ 373.24

The overhead cost per unit for Job 4286= $  383,397.5/2,500= $ 153.36

6 0
4 years ago
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