Answer:
Explanation:
C. the "difference between growth and value shares involves a distinction based on book-to-market value. justify the low book-to-market ratios of growth shares versus high book-to-market ratios of value shares. (10 marks)
Answer:
a. Economies of scale
Explanation:
Economies of scale are cost advantages reaped by large firms. As production increases, cost falls.
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Answer:
1) Carter Carriage Company
Income Statement
For the month ended April 202x
Revenues:
- Adults passengers $214,400
- Children $32,160
- Total revenues $246,560
Variable costs:
- City fees $24,656
- Souvenirs $7,370
- Brokerage fees $11,256
- Carriage drivers $52,260
- Total variable costs $95,542
Contribution margin $151,018
Period costs:
- Depreciation $2,900
- Horse leases $48,000
- Marketing expenses $7,350
- Payroll expenses $7,600
- Total period costs $65,850
Operating profit $85,168
2) If the total amount of passengers increase by 20%, then all variable costs will increase by 20% except brokerage fees which would increase only by 12%. Revenues should also increase by 20%. Period costs should not change.
Contribution margin should increase by 20.6% and operating profit would increase by 36.5%.
It is the <span>Direct Subsidized </span><span>Loans</span>
The objective of general-purpose financial reporting in the conceptual framework is to provide financial information about the entity to investors and lenders.
General-purpose financial reporting is the report that a business entity gives about its financial health, credit history, assets, etc. to present or prospective investors, lenders such as banks and financial institutions, to enable them to decide whether or not to provide loans to the entity or purchase shares in it.
The information may also be used by other entities such as credit analysts and stock market players. General-purpose financial statements may also include the income statement, balance sheet, record of cash flows, information about shareholder’s equity, and other disclosures.
To learn more about General-purpose financial reporting: brainly.com/question/28234662
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