The marginal cost of the second meal deal is $5.
<h3>What is the marginal cost?</h3>
The marginal cost is the change in total cost when consumption is increased by one unit.
Marginal cost = change in total cost / change in consumption
($15 - $10) / (2 - 1) = $5
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Answer:
$20,582.03
Explanation:
For this question, we have to determine the future value that is shown on the attachment. Kindly find it below:
Data provided in the question
NPER = 5 years
PMT = $3,800
Rate of interest = 4%
PV = $0
The formula is shown below:
= -FV(Rate;NPER;PMT;PV;type)
So, after solving this, the future value is $20,582.03
Answer: - $3
Explanation:
We should note that the holder of a put will gain when the share price is below the exercise price.
Since the gain with regards to the question is ($30 - $29) = $1 and the premium paid is 4, then the maximum profit per unit will be:
= Gain - Premium paid
= $1 - $4
= -$3.
Answer:
Dr Cash $92,811
Cr Notes Payables $92,811
(Being the proceeds and issuance of note
Explanation:
Annual rate = 12%
Interest for 9 months will be:
9/12 x 12% = 9%
So disbursal is 9% x $92,811
= $8,353
Principal (borrowed money) is $92,811.
The loan was disbursed on January 1. So it's only the proceeds from the loan which will be recorded on this date. Repayment will start at later date.
Therefore, The entry made by Guarantee Company on January 1 will be:
January 1
Dr Cash $92,811
Cr Notes Payables $92,811
(Being the proceeds and issuance of note)
Answer:
Accounts receivable turnover 2013 2,05 2012 1,875
Number of days' sales in receivables 178 daysin 2013 194 days in 2012
The collection of accounts receivable has high turnover . This can be seen in both the times per year in accounts receivable turnover and the average number of days in the collection period.
Explanation:
Account receiv Sales
2013 725000 5637500 7,775862069
2012 650000 4687500 7,211538462
2011 600000
Turnover Ratio= net credit sales
Avergae account receivable
2012 = 4687500/(600000+650000)/2
1,875
2013 = 5637500/(650000+725000)/2
2,05
Receivable turnover in days = 365 / Receivable turnover ratio
2012 194,6666667
2013 178,0487805
