Answer:
23.08%
Explanation:
The computation of the debt ratio is shown below:
Debt amount
= 2 million × 0.90
= 1.80 million
And,
Equity amount
= 2 million × 3
= 6 million
Now
debt ratio = debt amount ÷ (amount of debt + amount of equity)
= 1.80 million ÷ ( 6 million + 1.80 million)
= 23.08%
<span>The theory of social Darwinism was used to promote the theory that capitalism would offer all the people of the nation an opportunity for great wealth. In this case, the answer would be Was used to justify the social consequences of industrial capitalism.</span>
Answer:
$90 and $108
Explanation:
The computation of the costs of goods sold is shown below:
At Sales volume of 50 units:
= Selling price per unit × number of units × given percentage
= $3 × 50 units × 60%
= $90
At Sales volume of 60 units:
= Selling price per unit × number of units × given percentage
= $3 × 60 units × 60%
= $108
Simply we multiplied the selling price per unit with the number of units and the given percentage so that the correct amount can come
<span>Cassandra will experience increased cost in proportion to the reduction of supply experienced by the farmers . Cassandra will decrease her expenditures or find alternate suppliers of oranges.</span>
Answer:
yes. at a $5 cost, he breaks even and is indifferent. he necessarily turns away business when the cost of the additional unit exceeds the income.
Explanation:
To maximize profits, a firm should continue selling until the marginal revenue product equals the marginal cost of the product. Marginal revenue product is the additional revenue from the sale of an extra cost. Marginal cost is the extra expense associated with the production of an additional unit.
Rodrigo should accept that extra business. His marginal revenue product from additional business equals the marginal cost. He will not make an accounting profit or loss but may gain a long term customer. He should decline any additional business only if the marginal cost is greater than the marginal revenue product.