Consider the following capital rationing problem:

If a monopolist could perfectly price-discriminate: (LO1, LO4) a. The marginal revenue curve and the demand curve would coincide

dybincka [34]

Answer:

a. The marginal revenue curve and the demand curve would coincide.

Explanation:

Monopolistic competition can be defined as the market structure which comprises of elements of competitive markets (having many competitors) and monopoly. Under monopolistic competition, organizations

If a monopolist could perfectly price-discriminate (LO1, LO4), the marginal revenue curve and the demand curve would coincide.

4 0

3 years ago

2. Because of the tender meat required, which of these cooking methods are the most expensive?

Vlada [557]

Answer:

The correct answer is letter "C": Steaming and broiling.

Explanation:

Steaming and broiling is the process by which food -in this case, meat- is cooked by placing it above a stove that is in heat. It enables to keep the natural flavor of the food and its nutrients. Besides, the shape and the color of the food do not suffer dramatic changes. Though, steaming ovens are expensive. Usually the cost more than $2000 (USD).

4 0

4 years ago

Read 2 more answers

g Gladstone Company tracks the number of units purchased and sold throughout each accounting period but applies its inventory co

Naily [24]

Answer:

W/A

COGS $ 425,750

EI $ 321.750‬

FIFO

COGS: $ 374,750

EI $ 371,750‬

LIFO

COGS $ 476,750

EI $ 270,750‬

Explanation:

Date Units Cost Subtotal

Begining3,400 50.00 170,000

Jan 30th 4,700 65.00 305,500

May 1st 3,400 80.00 272,000

Total 11,500 747,500

Sales units: 3,050 + 3,500 = 6,550

Weighted Average:

$747,5000 total value of the inventory / 11,500 units available = $65

COGS: 6,550 x $65 = $ 425,750‬

Ending Inventory: 747,500 - 425,750 = 321.750‬

FIFO

We sale the first units so the COGS are the frist 6,550 untis starting from the top:

3,400 beginning at 50

+ 3,150 Jan 30th at 65

COGS: 374,750

EI 747,500 - 375,750 = 371,750‬

LIFO we made sales of the lattest untis so in this case we start from the bottom:

3,400 May 1st at $80

3,150 Jan 30th at $65

COGS 476,750

EI 747,500 - 476,750 = 270.750‬

3 0

3 years ago

Last year Swensen Corp. had sales of $303,225, operating costs of $267,500, and year-end assets of $195,000. The debt-to-total-a

kolbaska11 [484]

Answer:

The correct option is D

There is increase in ROE by 2.86%

d. 2.86%

EXPLANATION:

THIS IS THE COMPLETE QUESTION BELOW;

Last year Swensen Corp. had sales of $303,225, operating costs of $267,500, and year-end assets of $195,000. The debt-to-total-assets ratio was 27%, the interest rate on the debt was 8.2%, and the firm's tax rate was 37%. The new CFO wants to see how the ROE would have been affected if the firm had used a 45% debt ratio. Assume that sales and total assets would not be affected, and that the interest rate and tax rate would both remain constant. By how much would the ROE change in response to the change in the capital structure?

a. 2.08%

b. 2.32%

c. 2.57%

d. 2.86%

e. 3.14%

CHECK THE ATTACHMENT BELOW FOR DETAILED EXPLANATION

3 0

3 years ago

Jeffrey Dean, a Master's Degree candidate at North State Central University, was awarded a $15,000 scholarship from North State

NARA [144]

Answer: $7500

Explanation:

It should be noted that the gross income exclusion towards a scholarship will consist of the education related expense and the tuition only.

In this case, the income that was earned which is $6000 and the room and board expense of $1500 will be added which makes $7500. Therefore, the amount that must be included in Dean's gross income is $7500.

6 0

3 years ago