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1 year ago

Does a competitive firm’s price equal its marginal cost in the short run, in the long run, or both? explain.

1 answer:

5 0

The price of a firm is equal to its marginal cost in both the short and long run. In both the short and long run, price equals marginal revenue. Firms should increase output as long as marginal revenue exceeds marginal cost, and reduce output if marginal revenue is less than marginal cost.

Revenue is the gross income derived from the sale of goods and services related to the company's main activities. Commercial income is also called sales or earnings. Some companies derive their income from interest, royalties, or other fees.

Revenue is the gross income a business generates from its core business, such as sales of products and services, property rentals, regular payments and interest on loans. Sales are calculated before deducting costs such as discounts and returns.

Learn more about revenue here:brainly.com/question/25623677
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The Sausage Hut is looking at a new sausage system with an installed cost of $187,400. This cost will be depreciated straight-li

Nookie1986 [14]

Answer:

$6,508.54

Explanation:

Calculation for what is the NPV of this project

First step is to calculate the operating cash flow (OCF).m

Operating Cash Flow = $69,000 (1 - .34) + ($187,400 /4)(.34)

Operating Cash Flow = $69,000 (0.66) + ($46,850)(.34)

Operating Cash Flow=$45,540+$15,929

Operating Cash Flow= $61,469

Now let calculate the Net present value (NPV)

Net Present Value= -$187,400 -9,000 + ($61,469 ×{1 - [1 / (1 + .12)^4]} / .12) + {$9,000 + [$25,000 × (1 - .34)]} / (1 + .12)^4

Net Present Value= -$187,400 -9,000 + ($61,469 ×{1 - [1 / (1.12)^4]} / .12) + {$9,000 + [$25,000 × (0.66)]} / (1.12^)4

Net Present Value= -$187,400 -9,000 + ($61,469 ×{1 - [1 / 1.57]} / .12) + {$9,000 + $16,500)]} / 1.57

Net Present Value= $6,508.54

Therefore the the NPV of this project will be $6,508.54

8 0

3 years ago

Question 10 (5 points)

natka813 [3]

The correct answer is C. Application

Explanation:

When employers pre-screen job candidates they verify basic information about candidates such as background, education, skills, experience, etc. to determine if a candidate is suitable for a job and he/she should be interviewed or continue in the process of selection for the job.

In this context, the two main tools used by employers are the resume and the job application. These two documents provide information about the candidate's education, experience, skill, and similar but in the case of the application the information es concise and very specific, while resumes are more detailed and the candidate can include as much information as she/he wants. Thus, the two prescreening tools for job candidates are the resume and the application.

6 0

2 years ago

A share of preferred stock for Marshall Manufacturing currently sells for $120. It offers the investor a dividend rate of 8%, on

Komok [63]

Answer:

Po = $120

D = 8% x $100 = $8

Kp = D/Po

Kp = 8/120

Kp = 0.0667 = 6.67%

Explanation:

The question requires the computation of cost of preferred stock. In this case, we will calculate the current dividend paid based on the par value of the stock. Then, we need to divide the current dividend paid by the current market price of the stock. This gives cost of preferred stock.

5 0

3 years ago

Duffert Industries has total assets of $1,080,000 and total current liabilities (consisting only of accounts payable and accrual

iris [78.8K]

Answer:

ROIC is 9.26%

ROE is 12.63%

Explanation:

According to the given data we have the following:

Total assets = $1,080,000

Total liabilities = Current liabilities + Debt + Common equity = $1,080,000

D/(D + E) = 0.40

D / ($1,080,000 - 100,000) = 0.40

D = $392,000

Common equity = Total liabilities - Current liabilities - Debt = $1,080,000 - 100,000 - 392,000= $588,000

BEP = 0.15 = EBIT/TA

= EBIT/$1,080,000

Therefore, EBIT = $162,000

In order to calculate the ROIC we would have to make the following calculation:

ROIC = [EBIT(1 – T)]/(D + E) = [$151,200(0.6)]/($392,000 + $588,000) = 9.26%

ROIC is 9.26%

To calculate the ROE we would have to calculate first net income from income statement as follows:

EBIT=$151,200

Less: Interest ($392,000 x 7%) 27,440

EBT= 123,760

Less: Tax 40% 49,504

Net Income= 74,256

Therefore, ROE = NI/E = $74,256/$588,000 = 12.63%

ROE is 12.63%

6 0

3 years ago

One of the most important issues for Mr. Reuben to address beyond the desires of the employees for particular types of benefits

Paul [167]

Question Completion:

Multiple Choice :

a. Family Medical Leave Act

b. Americans with Disabilities Act

c. Pregnancy Discrimination Act

d. Age Discrimination in Employment Act

e. All of these answers are correct

Answer:

The law/regulation which applies to the benefits the company may utilize is:

a. Family Medical Leave Act

Explanation:

The Family and Medical Leave Act of 1993, gives employees the opportunity to take leave from their work for specific family and medical reasons without affecting their normal annual leave. Unlike the other laws mentioned, which attempt to prohibit discrimination against persons with disabilities, (Americans with Disabilities Act 1990), against Pregnancy (Pregnancy Discrimination Act of 1978), and against age (Age Discrimination in Employment Act 1967), the Family and Medical Leave Act provides benefits to employees.

3 0

2 years ago