Answer:
Explanation: TVC is the total variable cost curve. It slopes upward left to right, as inverse S-shaped. This slope of TVC curve shows that the total variable cost increases initially at a decreasing rate as the total output increases and subsequently it increases at an increasing rate with the increase in the output.
Explanation:
Answer:
$8.1 per share
Explanation:
The computation of the book value per share is shown below:
Book value per share = (Total equity - preference dividend) ÷ (number of shares)
= ($2,752,000 - $160,000) ÷ (320,000 shares)
= ($2,592,000) ÷ (320,000 shares)
= $8.1 per share
All other information which is given is not relevant. Hence, ignored it
Answer:
The $600,000 amount is required to financing so that the cash conversion cycle can be supported
Explanation:
For computing how much financing is required, first we have to compute the cash conversion payable which is shown below:
Cash conversion cycle = Average age of inventory + Average collection period - average payment period
= 65 + 60 - 65
= 60 days
Now, we have to apply the financing formula which is shown below:
= Firm total annual outlays for operating cycle investment × cash conversion cycle ÷ total number of days in a year
= $3,650,000 × 60 days ÷ 365
= $3,650,000 × 0.16438
= $600,000
Hence, the $600,000 amount is required to financing so that the cash conversion cycle can be supported
Answer:
B. $6,000,000
Explanation:
Since in the question, it is given that the fund generates additional one-tenth of 1% of portfolio return
In mathematically,
= One-tenth × rate of return × asset value
= 0.10 × 0.01 × $6,000,000,000
= $6,000,000
Here one-tenth is 0.10 and 1% is 0.01. We simply multiply the value of the asset to the given percentage
Answer:
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