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aksik [14]
3 years ago
12

Consider the following: Alex is one of the leading widget producers in the country. His total costs amount to $10,000, total fix

ed costs are $2,000, and average variable costs are $400. How many widgets is Alex producing
Business
1 answer:
Lilit [14]3 years ago
6 0

Answer:

The correct answer is 20 units.

Explanation:

According to the scenario, the given data are as follows:

Total cost = $10,000

Total fixed cost = $2,000

Average variable cost = $400

So, Total variable cost = Total cost - Total fixed cost

= $10,000 - $2,000 = $8,000

So, we can calculate the total number of widgets producing by using following formula:

Units producing = Total variable cost  ÷ average variable cost

= $8,000 ÷ $400

= 20 units

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1 year ago
Identify and explain two ways in which Manuel could communicate with individual workers about their pay and working conditions.​
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3 years ago
In the context of strategic thinking, which of the following is a difference between for-profit organizations and nonprofit orga
blondinia [14]

Answer:

c.Unlike nonprofit organizations, for-profit organizations focus on gaining competitive advantage in the marketplace.

Explanation:

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Whereas, Profit organization is those organization whose focuses to maximizing their profit and minimizing their cost so that it would gain a competitive advantage in the marketplace. Its focuses is to target as the general public.  

Hence, option c is correct

5 0
3 years ago
As flat screen tvs enter the maturity stage, what could happen to profits for individual firms?
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8 0
3 years ago
The market value of the equity of Hudgins, Inc., is $645,000. The balance sheet shows $53,000 in cash and $215,000 in debt, whil
allsm [11]

Answer:

It is 3.25 times

Explanation:

EBITDA Multiple = Enterprise Value/ EBITDA

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              =$248,000

Enterprise Value (EV) =  Market value of the equity +Debt-Cash and Cash Equivalent

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Hence, EBITDA Multiple = $807,000/$248,000

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EBITDA Multiple is used to compares a company’s Enterprise Value to its annual EBITDA.

8 0
3 years ago
Read 2 more answers
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