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2 years ago

The objective of profit maximization should be constrained by the requirement that profits be achieved through.

1 answer:

4 0

The objective of profit maximization should be constrained by the requirement that profits be achieved through both legal and ethical means.

<h3>What is meant by profit maximization?</h3>

This is the term in Economics that the producer uses to get the most output that they can get based on the quantity of input that they have used in a business venture. When people go into business what they would like is to be able to get the best output that they can based on the quantity of investment that they have made in the venture.

This can be done in the long run as well as the short run by the profit maximizing firm. Hence we can say that The objective of profit maximization should be constrained by the requirement that profits be achieved through both legal and ethical means.

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MC Qu. 157 West Company estimates that overhead costs... West Company estimates that overhead costs for the next year will be $3

Slav-nsk [51]

Answer:

$35,84 per machine hour

Explanation:

Plantwide overhead rate = Budgeted overheads ÷ Budgeted Activity

where,

Budgeted overheads = $3,600,000 + $880,000 = $4,480,000

Budgeted Activity = 125,000 machine hours

therefore,

Plantwide overhead rate = $4,480,000 ÷ 125,000

= $35,84 per machine hour

4 0

3 years ago

If someone introduces himself using a formal introduction, you should _____.

stich3 [128]

Answer:

Follow his lead and address him formally

Explanation:

If someone addresses you formally, that is because that person expects the conversation to be formal, or because you both are in a formal enviroment, for example, a work meeting. For this reason, the best to do in such situation is to address the other person formally as well.

6 0

3 years ago

"fixed costs that do not differ between two alternatives are"

muminat

Fixed costs are costs of the company that do not depend of the business activities of the company. This means that they <span> do not change with an increase or decrease in the amount of goods or services produced or sold.</span>
<span>Fixed costs that do not differ between two alternatives are </span>irrelevant to the decision.

4 0

3 years ago

Henrie’s Drapery Service is investigating the purchase of a new machine for cleaning and blocking drapes. The machine would cost

Nikitich [7]

Answer:

1. IRR = 14%

2. NPV = 3.239

3. 12%

Explanation:

The IRR is the discount rate that equates the after tax cash flows from an investment to the amount invested in a project.

NPV is the present value of after tax cash flows from an investment less the amount invested

NPV and IRR can be calculated using a financial calculator

Cash flow in year zero = -137,320

Cash flow each year from year 1 to zero = 40,000

I = 14%

IRR = 14%

NPV = 3.239

If cash in flow each year from year 1 ro 5 was $38,090, the IRR = 12%

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

To find the IRR using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.

I hope my answer helps you

4 0

4 years ago

When an investor performs an investigation while considering acquisition of a property, this is referred to as:

Dafna11 [192]

When an investor performs an investigation while considering the acquisition of a property, this is referred to as Due diligence.

<h3>what is Due diligence?</h3>

The systematic analysis and reduction of risk associated with a business or investment decision are known as due diligence.

Any stock can be thoroughly investigated by an individual investor utilizing easily accessible public information.

Numerous additional investment types can be made using the same due diligence method.

A company's financials are examined, compared over time, and benchmarked against rivals as part of due diligence.

Numerous other situations call for due diligence, such as checking a prospective employee's background or reviewing customer feedback.

In order to lower risk exposure, due diligence is primarily used. The procedure makes sure that each party understands the specifics of a transaction before agreeing to it.

To know more about due diligence refer to :

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4 0

2 years ago