Answer: The correct answer is "a. $26,000".
Explanation: Implicit costs: Also known as opportunity costs have to do with alternative profit options, or money that we no longer receive when performing certain commercial actions.
A person incurs implicit costs when he waives an alternative action.
Implicit costs: $20000 + $6000 = $26000.
To get the growth rate, we will follow the Gordon Growth modelP= D/(K-G)whereP= stock value=$68D= Expected dividend=$3.85G= Growth rateK= required rate of returnG =K-(D/P)Substitute the given valuesG= 0.11-(3.85/68)
G= 5.34%The growth rate for stock required is 5.34%
If Missy has never had her license suspended or revoked. No, Missy does not have a chance.
<h3>Whether Missy have a chance or not </h3>
Based on the point Missy is currently in her career she does not have a chance.
In order for her to be chosen or selected for to the post of a California Real Estate Commissioner by the governor, she must have possess a minimum of five years working experience as a real estate broker.
Therefore she does not have a chance.
Learn more about whether missy have a chance or not here:brainly.com/question/13370701
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Answer:
The predetermined overhead rate is 29.81 per machine hour
Explanation:
Fixed predetermine overhead rate = Estimated fixed manufacturing overhead / Estimated machine hour
Fixed predetermine overhead rate = $944,762 / 40,600
Fixed predetermine overhead rate = $23.27 per machine hour
Total predetermine overhead rate = Fixed predetermine overhead rate + Estimated variable manufacturing overhead
= $23.27 + $6.54
= 29.81 per machine hour
Answer:
-2
Explanation:
To solve this question we can use Lerner's equation or Lerner's index which gives the relationship between elasticity of demand and profit maximizing cost and marginal cost:
Replacing 
Then we get that the elasticity of demand is 
