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3 years ago

During the gdl program, the dps can suspend or revoke your license for __________ or more moving violations in twelve months.

1 answer:

8 0

During the gdl (program, the dps can suspend or revoke your license for driving or more moving violations in twelve months. GDL stands for Graduated Driver License. During the GDL young drivers gain knowledge and driving experience. There are restrictions and responsibilities associated with the license the driver is about to receive.

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Data concerning Pony Corporation's single product appear below: Per Unit Percent of Sales Selling price $ 200 100 % Variable exp

Luda [366]

Answer:

$18,000

Explanation:

The computation of overall effect on the company's monthly net operating income is shown below:-

Current Proposed

Sales $800,000 $837,000

(200 × 4000) (200 - 14) × (4,000 + 500)

Variable expenses $160,000 $180,000

(40 × 4000) (40 × (4,000 + 500))

Contribution margin $640,000 $657,000

Fixed expenses $531000 $566,000

($531,000 + $35,000)

Net operating

income $109,000 $91,000

Decrease in net operating income = Current - Proposed

= $109,000 - $91,000

= $18,000

So, for computing the overall effect on the company's monthly net operating income we simply applied the above formula.

8 0

3 years ago

Assume there is a decrease in the market demand for a good sold by price-taking firms that are initially producing the profit-ma

Mrac [35]

Answer: Fall in revenue

Explanation:

A decrease in demand means a lower level of demand compare to the previous period. A price taking firm means that the firm cannot determine the price in the market. Profit maximising level of output means the output level that gives the highest profit.

A fall in demand without an increase in price at a profit maximising level of output will lead to a fall in revenue and profit all things being equal.

6 0

3 years ago

When originally purchased, a vehicle costing $25,740 had an estimated useful life of 8 years and an estimated salvage value of $

Rudiy27

Answer:

Annual depreciation= $5,660

Explanation:

Giving the following information:

Purchase price= $25,740

Salvage value= $3,100

First, we need to calculate the accumulated depreciation before the change in useful life:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (25,740 - 3,100) / 8

Annual depreciation= $2,830

Accumulated depreciation= 2,830*4= $11,320

Now, we can calculate the new depreciation expense:

Annual depreciation= (25,740 - 11,320 - 3,100) / 2

Annual depreciation= $5,660

4 0

3 years ago

Ernesto owns a house painting company. Total sales for the past year were $75,000. His bills for running the business were $30,0

pentagon [3]

Answer:

Accounting profit = $45,000

Economic profit = $5,000

Explanation:

The computation of accounting profit and economic profit is shown below:-

Accounting profit = Sales - External expenses

= $75,000 - $30,000

= $45,000

Economic profit = Accounting profit - Implicit cost

= $45,000 - $40,000

= $5,000

Therefore for computing the accounting profit and economic profit we simply applied the above formula so that each one could arrive

7 0

3 years ago

Delta Lighting has 30,000 shares of common stock outstanding at a market price of $15 a share. This stock was originally issued

pochemuha

Answer:

the weighted average cost of capital is 11.57 % .

Explanation:

Market Value of Equity = Number of Common Shares Outstanding × Market Price per share

= 30,000 shares × $15

= $450,000

Market Value of Debt = Face Value × 82%

= $280,000 × 82%

= $229,600

WACC = Ke × (E/V) + Kd × (E/V)

= 14.00 % × ($450,000/ $679,600) + 6.80 % × ($229,600/ $679,600)

= 9.27 % + 2.30 %

= 11.57 %

3 0

3 years ago