Answer:
$2,445
Explanation:.
Calculation for the approximate market value of the firm
First step is to calculate the FCFE
FCFE = 205 - 22(1 - .35) + 25
FCFE=205-22(.65) + 25
FCFE=205-14.3+ 25
FCFE = 215.70
Second Step is to calculate the Market Value
Market Value = (215.70×1.02)/(.11 - .02)
Market Value=220.014/0.09
Market Value= $2,445
Therefore the approximate market value of the firm will be $2,445
Answer:All the alternatives are correct except (C) to remain independent without having to rely on others for goods and services
Explanation:
Specialization is the act of a firm or country concentrating is resources, efforts and skills in the production of few relative goods or services.
It leads to increase in production, quality and supply, which invariably leads to lower price, higher demands, higher profits,consumer satisfaction and improved standard of living.
Answer:
The correct answer is letter "C": Cut your expenses by an amount greater than your deficit.
Explanation:
In case there is a deficit in your budget, it means your expenses are higher than your net income. An adjustment must be made in such circumstances. To bring back the balance in your budget, <em>you should cut your expenses by an amount higher than the amount of the deficit</em>. Otherwise, you could increase your income but keeping your expenses at the same level.
Answer:
$159,057
Explanation:
The computation of cost of goods sold is shown below:-
Total cost of goods available for sale = (7,200 × $10) + (4,000 × $13) + (12,000 × $13.50)
= $72,000 + $52,000 + $162,000
= $286,000
Total units = 7,200 + 4,000 + 12,000
= 23,200
Average cost per unit = Total cost of goods available for sale ÷ Total units
= $286,000 ÷ 23,200
= $12.33
So,
Cost of Goods sold = Sold units during the month × Average cost per unit
= 12,900 × $12.33
= $159,057
Therefore for computing the cost of goods sold for the month we simply applied the above formula.
