Answer:
b. 26
Explanation:
Marginal utility refers to the utility gained by the consumption of an additional unit of a commodity. It is the satisfaction enjoyed by a consumer for the additional use of a unit of a good or service.
Given that the total marginal utilities is 105 and the marginal utilities of the first, second, and fourth sodas are 35, 28, and 16 respectively, the marginal utility of the third soda
= 105 - (35 + 28 + 16)
= 26
Issuing 25,000 shares of $5 par value common stock for $20 per share.
Cash (25,000 x 20) 500,000
Common stock (25,000 x 5) 125,000
Additional Paid-In Capital (25,000 x 15) 375,000
The net loss will only be reflected as a deduction from retained earnings. Retained earnings is where the net income or net loss of the company will be under in the year-end balance sheet. It is the balance of all income and loss the company has since its inception.
Answer:
Instructions are below.
Explanation:
Giving the following information:
Budgeted sales:
July= 21,500
August= 24,300
September= 28,700
October= 28,900
Grantham maintains an ending inventory equal to 10% of the current month’s sales. The ending inventory at June 30th was 3,100.
Production budget= sales for the month + desired inventory - beginning inventory
July:
Sales= 21,500
Ending inventory= (24,300*0.10)= 2,430
Beginning inventory= (3,100)
Total= 20,830
August:
Sales= 24,300
Ending inventory= (28,700*0.10)= 2,870
Beginning inventory= (2,430)
Total= 24,740
September:
Sales= 28,700
Ending inventory= (28,900*0.10)= 2,890
Beginning inventory= (2,870)
Total= 28,720
Answer:<em>9.5354% or 9.6%</em>
Explanation:
<em>PMT = coupon (interest) payment = 12.2 % * $1,000 = $120</em>
<em>Let t = time left until bond is called = 10 years
</em>
<em>Let F be the face value = $ 1,100 ($ 1,000 + $ 100 (Call premium))</em>
<em>Let the Current bond price = 110 % x 1,000 = $1,100</em>
<em>Now,</em>
<em>The bond price is = PMT x 1-( 1 + r )⁻t / r + F/(1 + r )t</em>
<em>Therefore,</em>
<em>1100 = 100 x 1 - (1 + r)⁻¹⁰/r + 1100/(1 + r)¹⁰</em>
<em>Using the trial and error method,</em>
<em>r= 9.5354%</em>
<em>Then the yield to call (YTC) = 9.5354</em>
9.5354%
Answer:
Mike will be prosecuted by a;
c. a public official
Explanation:
To better answer the question we need to define some key terminologies;
1. Industrial park
An industrial park is an area that is set aside usually in a city for industrial development. Residential and commercial developments are not allowed in these zoned areas.
2. Prosecutor
A prosecutor is a legal representative of the prosecution. The prosecution is the legal team charged with the duty of presenting the case against someone accused of breaking the law.
3. Public official
A public official is any individual nominated or elected to represent the public through the state. Any person who holds a legislative, administrative or judicial post is a public official. They are usually charged with authority to handle certain duties.
In our case, Mike was arrested and charged with the crime of theft. The prosecutor has to be a public official who needs to represent the prosecution in presenting the case against the accused: in this case it's Mike who was accused of theft.
