Answer:
1.) check attached picture
2a)Simple rate of return = 25.2%
2b) Yes
3a)2.92 years
3b) Yes
Explanation:
Kindly check attached picture
Answer:
In manufacturing, excess capacity can be used todo more setups, shorten production runs, and drive down inventory costs
Explanation:
Excess capacity refers to a situation where a firm is producing at a lower scale of output than it has been designed for. Context: It exists when marginal cost is less than average cost and it is still possible to decrease average (unit) cost by producing more goods and services
Answer:
$500 (Favorable)
Explanation:
Given that,
Production cost = $7 per unit
Fixed costs = $23,000 per month
Units produced = 5,500
Actual total costs = $61,000
Standard cost = Fixed cost + Variable cost
= $23,000 + ($7 × 5,500)
= $23,000 + $38,500
= $61,500
Variance = Standard cost - Actual total costs
= $61,500 - $61,000
= $500 (Favorable)
A customer service representative loses his job because his company adopted a new software that does most of his job automatically. This is an example of technological unemployment.
<h3>What is technological unemployment?</h3>
This are happen when an individual losses her Job due to the use of technology.
The new technology now handles the works and the service of the individual is no longer require.
Therefore, A customer service representative loses his job because his company adopted a new software that does most of his job automatically. This is an example of technological unemployment.
Learn more on software below
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Answer:
option (c) 9%
Explanation:
Data provided in the question:
current price of outstanding shares = $38.89
Last Dividend paid = $3.50
Marginal tax rate = 34%
Now,
cost of preferred equity = Dividend ÷ Price per share
thus,
cost of preferred equity = $3.50 ÷ $38.89
or
cost of preferred equity = 0.0899
or
cost of preferred equity = 0.0899 × 100%
= 8.99% ≈ 9%
Hence,
The correct answer is option (c) 9%
