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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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Mexico-based Rodriguez Engineering Corp. requires host-country nationals to be recruited to manage subsidiaries, while parent-co
GREYUIT [131]

Answer: Polycentric approach

Explanation:

A polycentric staffing policy is a form of staffing policy whereby the nationals of the host countries will be recruited and employed to helps manage the subsidiaries that are in their own country while the nationals of the parent countries will have to occupy th key positions that are available at th corporate headquarters.

This is the kind of approach that is used by Mexico-based Rodriguez Engineering Corporations in the question.

8 0
3 years ago
Blanchard Company manufactures a single product that sells for $180 per unit and whose total variable costs are $135 per unit. T
Ira Lisetskai [31]

Answer:

1.$35,000

2.$6,300,000

Explanation:

The computation of Unit sales to earn the target income and Sales amount at required profit is given below:-

a. Contribution per unit = Unit sale price - Unit variable cost

= $180 - $135

= $45

Unit sales at required profit = (Sales cost + Required cost) ÷ Contribution per unit

= ($562,500 + $1,012,500) ÷ $45

= $1,575,000 ÷ $45

= $35,000

b. Sales amount at required profit = Unit sales at required profit × Unit sale price

= $35,000 × $180

= $6,300,000

8 0
3 years ago
Whether a firm has growth or value and how this firm characteristic affects an estimate of the cost of equity is called the ____
Dahasolnce [82]
It is called value factor. There are two kinds of value factor one is present value factor and second is future value factor. The business or anything in the business has their value on their own. The future value factor is used to calculate the future value of the amount per dollar of its present value. It is the amount greater than a dollar and you can see this on the table when you calculate the future value or FV. Present Value factor is based on the time and money when you borrow or it is the debt that can grow in the span of time. 
5 0
3 years ago
Suppose a bond with a 10% coupon rate and annual coupons, has a face value of $1,000, 5 years to maturity and is selling for $1,
Taya2010 [7]

<u>Solution and Explanation:</u>

1. the Yield to maturity

FV = 1,000

PMT = FV multiply with Coupon rate , PMT = 1,000 multiply with 0.1 = 100

N = 5 , PV = -1,197.93

CPT I/Y

I/Y = 5.380166647

Therefore, the Yield to maturity = 5.380166647%

Where: FV – fair value, PV – Present value

2. Current yield = Coupon payment divided by Price

Current yield = 100 divided by 1,197.93

By solving we get,

Current yield = 0.08347733173

Therefore, the Current yield = 8.347733173%

7 0
3 years ago
Which of the following is NOT a typical characteristic of a Minstrel
zhannawk [14.2K]

Answer:

B

Explanation:

6 0
3 years ago
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