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earnstyle [38]
2 years ago
13

In the short run, if average variable costs equal $60, average total costs equal $70, and output equals 100, the total fixed cos

ts should equal.
Business
1 answer:
Leto [7]2 years ago
7 0

The total fixed cost should equal $1000.

<h3>What is the total fixed cost?</h3>

The first step is to determine the average fixed cost. The average fixed cost can be determined by subtracting the average variable costs from average total costs.

$70 - $60 = $10

Total fixed cost is the product of average fixed cost and output

100 x $10 = $1000

To learn more about cost, please check: brainly.com/question/26502221

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Your firm needs a machine which costs $240,000, and requires $39,000 in maintenance for each year of its 7 year life. After 3 ye
irinina [24]

Answer:

The after tax salvage value would be of $18,681.6

Explanation:

In order to calculate the after tax salvage value we would have use and calculate the following formula:

After tax salvage value = selling price*(1-tax rate)+book value*tax rate

Book value = 8 year depreciation amount of 7 year MACR*purchase price

After tax salvage value = $24,000*(1-0.4)+$240,000*4.46/100*0.4

After tax salvage value =  $18,681.6

The after tax salvage value would be of $18,681.6

5 0
3 years ago
What type of contract is a hire purchase agreement?
charle [14.2K]
Agreeing to purchase goods in installments over a period of time is the foundation of hire purchase. It is almost identical to an installment plan, except that in a hire purchase, the seller owns the goods until you make the final payment (like lease-to-own or rent-to-own).
7 0
3 years ago
An examination of the reasons given by people willing to accept the risks of entrepreneurship indicates that: A)the desire to ea
Mariana [72]

Answer:

B)many people become entrepreneurs because they do not enjoy working for someone else.

Explanation:

The examination of the reasons provided by the people who wants to accept the entrepreneurship risk as here most of the people become entrepreneurs but at the same time they dont enjoy working for someone else as they wabt to work for themselves not for someone else

Therefore as per the given situation, the option b is correct

6 0
2 years ago
Consider the assets (in millions) of two banks, A and B. Both banks are funded by $120 million in deposits and $20 million in eq
Deffense [45]

Answer:

<em>Consider the assets (in millions) of two banks, A and B. Both banks are funded by $120 million in deposits and $20 million in equity. Which bank has the stronger liquidity position? Which bank probably has a higher profit?</em>

<em>Consider the assets (in millions) of two banks, A and B. Both banks are funded by $120 million in deposits and $20 million in equity. Which bank has the stronger liquidity position? Which bank probably has a higher profit?Bank A Asset</em>

<em>Consider the assets (in millions) of two banks, A and B. Both banks are funded by $120 million in deposits and $20 million in equity. Which bank has the stronger liquidity position? Which bank probably has a higher profit?Bank A AssetBank B Assets</em>

Explanation:

<em>Liquid assets are those assets which get converted immediately into cash, when the company need some cash in hand, they can sell the liquid assets in the market and get cash in hand. As they can sell their various securities to fulfill the need of cash.</em>

<h3><em>HOPE</em><em> </em><em>THIS</em><em> </em><em>HELPS</em><em> </em><em>YOU</em><em> </em><em>ALOT</em><em>!</em></h3>
5 0
3 years ago
Amy, a single individual and sole shareholder of Brown Corporation, sold all of the Brown stock for $30,000. The stock basis was
emmasim [6.3K]

Answer:

A) a $50,000 ordinary loss and $70,000 LTCL

Explanation:

given data

Brown stock = $30,000

stock basis = $150,000

time = 3 year

solution

we know that here stock is Section 1244 stock and original owner is Amy

so

first loss is for single individuals is = $50000

and this loss is treated as a ordinary loss LTCL because stock held more than 12 month

remaining amount = 70000

and we know it take here time 3 year

so total loss realized is

total loss realized  $50000 + $70000

total loss realized = $120000

so correct option is A) a $50,000 ordinary loss and $70,000 LTCL

7 0
3 years ago
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