Answer: $16.60
Explanation:
The following information can be gotten from the question:
Total common equity = $4,050,000 Shares of stock outstanding = 265,000
Net Income = $450,000
Dividends = $100,000
Based on the information given, the book value per share will be calculated as:
(Total common equity + Net income - Dividends) / Outstanding shares
= ($4,050,000 + $450,000 - $100,000) / 265,000
= $4,400,000 / 265,000
= $16.60
Answer:
D. slopes upward
Explanation:
if Judy experiences diseconomies of scale this means the return for adding further factor into the economy decreases. Therefore the marginal cost increase more than the marginal revenue from the added factor.
His average cost curve will shift upwards. Each time Judy adds equipment and workers his cost increase more than the previous worker or equipment.
<u>Resuming:</u>
Producing an additional units is more expensive than the previous unit therefore, the average cost increases through units output.
Explanation:
The business administration course is a course that covers all organizational systems and provides the knowledge of several important tools to be applied in a company to achieve several strategic and economic advantages.
It is important for the career to have knowledge about management, strategy, communication, finance, and other variables that will be essential to become an ethical leader and that can influence personnel to create an organizational culture geared towards open communication, values and ethic.
Answer:
The City of Mayville
The City should report $42,000 as restricted fund balance in its General Fund on December 31, 2019.
Explanation:
a) Data and Calculations:
Total fund balance in General Fund = $200,000
Inventory = $28,000
Prepaid Rent 10,000
Encumbrances 60,000
Restricted fund = $42,000
b) The City of Mayville's restricted fund balance is the cash balance that has been earmarked for specific or limited use by or for the City. Restricted funds ensure that donors detect and direct the usage of the funds.
Answer:
Yield management pricing.
Explanation:
One problem in the interstate trucking industry is the number of trucks that return after making a delivery with an empty truck. However, there is a website where independent interstate truckers can look for loads that they can carry with them on their return trip. Because the trucks would be returning empty (and inefficiently), truckers who use this website to get business that they would not have had without it and charge a reduced shipping rate. This reduced rate is an example of yield management pricing.
Yield management pricing can be defined as a pricing strategy which typically involves having a variety of charges (prices) for the services being provided by an organization at a specific period of time.
Simply stated, it basically involves providing a service at the right price, time and to the right service taker.
The yield management pricing strategy is mostly used by the airline, hotel, travel businesses. The main purpose of the yield management pricing is to maximize profits or generate more revenue.
