Answer:
$5,181.06
Explanation:
For computation of firm's net fixed assets first we need to follow some steps which is shown below:-
Current Ratio = Current Assets ÷ Current Liabilities
Current asset = Current ratio × Current liability
= 1.60 × $970
= $1,552
Profit Margin = Net income ÷ sales
Net income = Profit margin × sales
= 0.098 × $5,175
= 507.15
Long term debt ratio = Long term debt ÷ (Long term debt + Total equity)
0.50 = Long term debt ÷ (Long term debt + 2881.53)
Long term debt = 1440.765 ÷ (1 - 0.5)
= 2881.53
Total debt = Current liability + Long term debt
= 970 + 2881.53
= 3851.53
Total Asset = Total debt + Total equity
= 3851.53 + 2881.53
= $6733.06
Net fixed Asset = Total Asset - Current Asset
= $6,733.06 - $1,552
= $5,181.06
Answer:
B) the same level of output per person as before.
Explanation:
In the Solow growth model, the economy reaches a steady state level of capital regardless of the starting level of capital. This steady state occurs when capital per worker is constant. Therefore after the war, the level of output should return to its normal level since the savings rate is constant and hasn't changed. This model assumes that a constant fraction of capital will always wear out, increasing the capital-labor ratio, therefore the population must grow or new technologies must be introduced to reach the steady state.
The closest to the total cost if the firm uses 6,000 machine hours is $2,945.95.
<h3>What is regression analysis?</h3>
The term regression analysis is defined as a combination of statistical methods utilised for the for the relation between a variable which is not dependent and a variable which is dependent.
The prediction errors that will be represented by vertical lines from regression line to the point.The main purpose or aim of regression analysis is to confirm the value of the variable which is dependent. The second objective of regression line is to calculate the effect of elaborately variable on the variable which is dependent.
Therefore,the closest to the total cost if the firm uses 6,000 machine hours is $2,945.95.
Learn more about regression analysis here:
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Answer:
Since Mr Bob is always a pessimistic decision maker, he might choose pessimistic criterion. Using pessimistic criterion, the third alternative, equipment Texan will provide the smallest potential loss; so the best alternative is purchasing equipment Texan.
Conclusion: It is likely that in this criterion, Bill will arrive at a different decision.
If Perteet corporation produces 7,000 units, the variable manufacturing overhead cost shall be 7,000 units * $1.50 = $10,500
And fixed manufacturing overhead shall remain same in totality, hence fixed manufacturing overhead cost shall be 11,000 units *$3 = $33,000
The total amount of manufacturing overhead cost = 10,500+33,000 = $43,500
Hence, the total amount of manufacturing overhead cost at the level of 7,000 units production shall be <u>$43,500</u>
