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hammer [34]
3 years ago
13

Karen runs a print shop that makes posters for large companies. it is a very competitive business. the market price is currently

$1 per poster. she has fixed costs of $250. her variable costs are $1,000 for the first thousand posters, $800 for the second thousand, and then $750 for each additional thousand posters. instructions: round your answers to 3 decimal places.
a. what is her afc per poster (not per thousand!) if she prints 1,000 posters
Business
1 answer:
jeka943 years ago
6 0
<span>She has fixed costs of $250. Her variable costs are $1,000 for the first thousand posters, Her variable costs are $800 for the second thousand Her variable costs are $750 for each additional thousand posters. To calculate Average fixed cost that is AFC per poster we need two factors: Total fixed cost = 250 and Number of poster = 1000 So now AFC will be (250/1000) that is 0.25.</span>
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8 0
3 years ago
Using the Chipotle example we have discussed in class imagine that all employees are paid $15/hour, the grill costs $300, and ea
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Answer:

The correct answer will be "$620".

Explanation:

It is important to note that certain principles are involved in the process of streamlining business processes, including:

  • Interpersonal skills of the organizational leaders.
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The lowest cost will be:

= (15\times 8)+300+200

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5 0
2 years ago
Explain the difference between a depository institution and a non-depository institution.
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Explanation:

First, Depository institution

Institution that collect money from people and pay interest . You may can deposit your cash and withdraw it anytime . If you put longer they pay interest. Interest may be fixed or variable. On other words, from that institution you can send your money to other people ,can get credit or debit card to withdraw or shopping. They gave you loans. Such institution are:

Commercial bank , Saving institution,credit union and so on.

In last remember that those who pay you interest ,give loan facilities, business transaction and collect your money they are Depository. They have 3 types of account for people who want to deposit their money. 1. Current account 2. Saving Account 3. Fixed

Non Depository institution

Where you cannot put your money and withdraw it . You would not get interest. They are intermediary between borrowers and saver. They are:

Mutual funds: where you buy scheme in units. It like investment . Then they pay you bonus and even you can sales it on market. Don't confuse mutual funds collect money from public invest it on market and share their profit.

Insurance companies: they insure your belonginess. They pay when your things goes beyond the normal level. Like. Car theft,goods damage.

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Security firms: investment companies ,broker house.

8 0
3 years ago
Kelley Company reports $1,250,000 of net income for 2017 and declares $175,000 of cash dividends on its preferred stock for 2017
defon

Answer:

Net income available to common stockholders is $1,075,000

Explanation:

Net Income                            $1,250,000

To Preferred Shareholders   <u>$175,000    </u>

Net income available to       <u>$1,075,000</u>

common stockholders

Basic earnings per share = Net income available to common stockholders / weighted average shares of common stock

Basic earnings per share = $1,075,000 / 380,000

Basic earnings per share = $2.8290 per share.

3 0
3 years ago
Company ABC operates a nail salon that specializes in artificial nails. It has two primary __________, women who get their nails
sladkih [1.3K]

Answer:

Company ABC has two primary segments.

Explanation:

Market segmentation involves splitting up an organization's clients into groups  by putting people with similar characteristics in one group.

Similar characteristics could be age,sex,level of income and even level of literacy.

By segmenting markets,an organization is able to identify the customers who contribute most to its bottom line and decide on how to deal with them so as to keep them satisfied and ensured their repeat business

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