Problem: Fixed cost per patient if the occupancy rate turns 125 based on the given situation.
Given: <span>Midtownn nursing facility fixed costs $200,000
100 patient
1 patient/$2 000
Operation: division
Solution: $200,000/125=N
(if the nursing facility still have its fixed cost nailed on $200,000)
Answer: $1,600
Of 125 patients each would pay $1,600 for their occupancy.
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Answer:
A) if the present value of the expected income stream associated with the investment is greater than the full cost of the investment project.
Explanation:
It is when the present value of the expected income stream associated with the investment is greater than the full cost of the investment project that the project is profitable. Most investments are undertaken with the aim of making profits.
The net present value can be used to determine if the present value of the expected income stream associated with the investment would be greater than the full cost of the investment project.
Answer:
A. Automotive Industry
3. Oligopoly
few sellers, many buyers
B. ACME Light and Power
4. Monopoly
Generally only one per city
C. Airline Industry
3. Oligopoly
high barriers to entry
D. Soda Industry
3. Oligopoly
Coke and Pepsi control most of the market
E. Beet Industry
1. Perfect Competition
many sellers, many buyers
F. Cable Television Industry
4. Monopoly
Generally only one per city, or at most 2
G. Agricultural Commodities
1. Perfect Competition
many sellers, many buyers
H. Athletic Shoe Industry
2. Monopolistic Competition
differentiated products
Answer:
the equivalent unit for conversion is 8,800 units
Explanation:
The computation of the equivalent unit for conversion is shown below:
= Units transferred + ending units
= (2,000 + 7,500 - 1,000) × 100 units + 1,000 units ×30%
= 8,500 units + 300 units
= 8,800 units
Hence, the equivalent unit for conversion is 8,800 units
We simply used the above formula for determining the conversion units
Answer:
The statement is FALSE.
Explanation:
Concrete terms are referred to those objects and events that are available to the five senses of human. However, these terms can be used in an abstract or symbolic way. A word is concrete in a specific context, but becomes a symbol of an abstract idea in a different context depending on the author's intent. This is possible because that symbol is not used in a literal meaning, but is used to represent an idea which usually means something else. Henche the given statement is wrong.