Answer: $19.12
Explanation:
The price per share of the Rearden immediately after the announcement will be calculated as the addition of the current prices for the companies divided by the total number of shares after merger. This will be:
= (20 × 10) + (15 × 4) / (10 + 3.6)
= (200 + 60) / 13.6
= 260 / 13.6
= 19.12
The price per share is $19.12
Answer: The correct answer is "A disproportionate number of high-risk individuals are attracted to buy insurance.".
Explanation: A disproportionate number of high-risk individuals are attracted to buy insurance is a problem that arises in a health insurance market. Due to the greater risk, many insurers choose not to allow these individuals to hire these policies, and those that do offer these products do so with a higher premium than others.
Answer:
Check the explanation
Explanation:
Average Service Rate
Time to complete request from 1 customer – 10 minutes = 10/60 = 0.16
Average time in line
Utilization of employee = Customer arriving in a single line per hour / Number of customer that a teller can serve in our
= 3/6 = 0.5
Average number of customer in line = 3*3/6(6- 3)
= 9/18= 0.5
Average time in Line = 0.5/ 3 = 0.16 hr
Answer: B) the firm will shut down in the short run, but stay in the industry in the long run if it expects the product price to rise high enough soon.
Explanation:
If a purely competitive firm is currently facing a situation where the price of its product is lower than the average variable cost, but it believes that the market demand for its product will increase soon, then the firm will shut down in the short run, but stay in the industry in the long run if it expects the product price to rise high enough soon.
Answer:
Bad debt expense 6,500 debit
Allowance for uncollectible account 6,500 credit
Explanation:
"determined that there should be an allowance for uncollectible accounts of $5,150 at December 31, 2022."
We need to recognize as much bad debt as it need to leave the allowance balance on our expected uncollectible account.
balance for allowance before adjsutment:
beginning - write-off = unadjusted allowance
1,250 - 2,600 = -1,350
expected balance - unadjusted balance = adjustment
5,150 - (-1,350) = 6,500
Bad debt expense 6,500 debit
Allowance for uncollectible account 6,500 credit
