Market equilibrium means that companies set prices where marginal revenue equals marginal cost.
Perfect competition would lead to lower prices than any other market type.
You have bouncy balls? Lol
Answer:
The correct answer is: includes manufacturing costs plus selling and administrative expenses.
Explanation:
The CVP analysis works as a tool for planning and decision making, as it indicates the relationship of costs, sales and price, also identifies the scope and magnitude of the economic problems facing a company as well as its possible solution, also It allows you to perform a sensitivity analysis by examining the impact of various levels of prices or costs on profits.
Costs refer to the fixed and variable costs incurred by the company. Each business has fixed and variable costs. Fixed costs are usually the general expenses incurred by the company, regardless of the number of products it produces or sells. Variable costs change depending on the business activity. CVP (cost volume utility) analyzes typically use the variable cost per unit of product manufactured and sold.
<span>Life
insurance or life assurance is a contract between an insurance policy holder
and an insurer or assurer (insurance company). The insurance company agrees to
pay the beneficiary a sum of money in exchange for a premium, upon the death of
the insured person. The insured person may be the policy holder himself or a
third person other than the beneficiary.</span>
Answer:
Explanation:
The journal entry is shown below:
Cash A/c Dr $51.75 (3 Million × $17.25)
To Paid-in capital in excess of par value A/c $51.60
To Common shares A/c $0.15 (3 Million × 0.05)
(Being the sale of shares is made)
The remaining balance is credited to the Paid-in capital in excess of par value i.e $51.60 ($51.75 - $0.15)
All the amounts are in million
