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3 years ago

9

Suppose the marginal product of labor is 8 and the marginal product of capital is 2. if the wage rate is $4 and the price of cap

ital is $2, then in order to minimize costs the firm should use:

1 answer:

Savatey [412]3 years ago

3 0

If the product is $8 dollors and the capital is $2 then wage rate should be $3 dollars.

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Current profit Blank______ and target Blank______ are two strategies used by firms that are pursuing a profit pricing objective.

prohojiy [21]

Current profit maximization and target return are two strategies used by firms that are pursuing a profit pricing objective.

A profit-oriented pricing objective means that a company tried to earn maximum profit with every sale or service provided, and achieve long term business profits.

Current profit maximisation is a price setting objective in which organisation set a price for a product that will give maximum profits, cash flow or return in short term without considering long term.

Target return pricing is a method where the firm determines the price on the basis of a target rate of return on the investment.

The two strategies that a firm use while pursuing a profit pricing objective is current profit maximization and target return pricing.

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2 years ago

Purchase investment in bonds for $115,000. Sell land costing $40,000 for only $31,000, resulting in a $9,000 loss on sale of lan

Juli2301 [7.4K]

Answer:

net cash flow 26,800

Explanation:

NOTE: missing information attached.

Operating

net income 104,000

removal of non-monetary terms

depreciation expense 37,000

loss on sale of land 9,000

adjusted net income 150,000

<u>Changes in working capital:</u>

Increase in AR (22,000)

Decrease in Inventory 40,000

Prepaid increase (7,200)

Decrease in AP (16,000)

decrease interest paayble (5,000)

increase in tax payable 1,000

net change in working capital (9,200)

net cash generated from operating 140,800

investing

sale of land 31,000

purchase of debt securities (115,000)

cash used in investing activities 84,000

financing

cash dividends (30,000)

cash used in financing activites 30,000

net cash flow 26,800

beginning cash 227,800

ending cash 254,600

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3 years ago

Beats Electronics has been able to outperform Audio-Technica, Bose, JBL, Skullcandy, Sennheiser, and Sony in the high-end, premi

Tju [1.3M]

The main reason for the success of the Beats Electronics is: <u>B. it created a perception that owning its products was cool.</u>

<u>Explanation</u>:

Beats Electronics was able to outperform in the premium headphone market. They were able to out-stand from their competitive companies like JBL, Bose, Audio-Technica, Skullcandy and Sennheiser.

Beats Electronics made their customers to believe that owning their product is cool. They created a perception to the customers which made them to lead in the market.

Perception refers to the way the information is conveyed to others. Beat Electronics followed this strategy and made their customers to feel that owning their product is cool.

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3 years ago

How long should you wait before republishing a piece of content to a new website? You shouldn’t wait. Republish it immediately.

Oliga [24]

Answer:

The correct answer is Two weeks.

Explanation:

If you publish twice in a week, in the next you publish ten times, once in the third week and again ten times the next, your visits will take it very strangely. One of the ways to maintain a loyal audience is precisely to make her know the frequency of your blog post.

Only by having this regularity, your visitors will know how often they should visit your website.

In this way you eliminate the likelihood of someone visiting your blog and feeling frustrated when they did not find anything new when it was for that reason that they accessed, or finding 15 new posts when he hoped to find only 1.

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3 years ago

Seating Company is currently selling 1,400 oversized bean bag chairs a month at a price of $95 per chair. The variable cost of

-BARSIC- [3]

Answer:

Contribution Margin Income Statement

+Sales Revenue 1,400 x $95 = $133,000

-Variable production costs 1,400 x $65 = ($91,000)

-Variable selling costs 1,400 x $2 = ($2,800)

=Contribution Margin $133,000 - $91,000 - $2,800

= $39,200

-Fixed production costs ($13,000)

=Net profit = $39,200 - $13,000

= $26,200

7 0

3 years ago