Answer:
Each will receive:
Gary: $ 16,400
Bill: $24,600
Carmella: $ 41,000
Explanation:
The profit is shared according to the ratios of their investment as per below calculations:
Gary: $82,000×2/10 = 16,400
Bill: $82,000*3/10 = 24,600
Carmella $82,000 *5/10 = 41,000
<span>Many marginal cost curves are U-shaped., because the marginal cost i</span>s relatively high at small quantities of output and is not proportional with the production increases. <span>
Profit is maximized when marginal cost curve intersects demand from below because at any greater quantity than this marginal cost is greater than marginal revenue.</span>
Answer:
d. cut spending equal to the reduction in tax revenue
Explanation:
Recession is basically a period of temporary economic decline where people usually buy less and less trade happens. When this happens, the government loses TAX revenue (money coming in from taxes) so a good way for govt. to balance the budget (amount that govt needs for spending on different areas) is to cut spending equal to the reduction in tax revenue (the reduction came about due to recession)
In other words, reduce spending by x dollars (here x dollar represents the lost tax revenue.
Answer:
$5,026
Explanation:
Year 1 Year 2 Year 3
Cash flows 1,000 2,000 3,000
Discount factor 1/1.08 1/(1.08)^2 1/(1.08)^3
Discount Factor= .93 .86 .79
Cash flows*discount factor
1000*.93 2000*.86 3000*.79
Net present value of cash flows
930 1,715 2,381
930+1715+2381=5,026 is the maximum amount one can pay for this investment
Answer:
The correct answer is $27 U'.
Explanation:
The activity variance for supplies cost in March is calculated below:
Activity variance = Planning Budget - Flexible budget
Activity variance = (1,710 + (9 x 611)) — (1,710 + (8 x 614))
Activity variance = $7,209 — $7,236
Activity variance = $27U
The flexible budget is higher than the planning budget.
Thus, the variance is unfavorable (U).
Hence, the correct answer is $27 U'.