Suppose Ike’s Bikes is currently producing 100 bikes per month in its only factory. Its short-run average total cost is
1 answer:
The short-run average total cost of Ike's Bikes of producing 100 bikes is $360.
<h3>What is the short-run average total cost ?</h3>The short-run is a production period where some of the factors used in the production process are fixed and others are variable. The short-run average total cost is the total cost divided by total output. Total cost is the sum of fixed cost and variable cost.
Please find attached the complete question. To learn more about average cost, please check: brainly.com/question/26959638
You might be interested in
Answer:
net cash flow 26,800
Explanation:
NOTE: missing information attached.
Operating
net income 104,000
removal of non-monetary terms
depreciation expense 37,000
loss on sale of land 9,000
adjusted net income 150,000
<u>Changes in working capital:</u>
Increase in AR (22,000)
Decrease in Inventory 40,000
Prepaid increase (7,200)
Decrease in AP (16,000)
decrease interest paayble (5,000)
increase in tax payable 1,000
net change in working capital (9,200)
net cash generated from operating 140,800
investing
sale of land 31,000
purchase of debt securities (115,000)
cash used in investing activities 84,000
financing
cash dividends (30,000)
cash used in financing activites 30,000
net cash flow 26,800
beginning cash 227,800
ending cash 254,600
