Answer:
Marginal Cost = $30
Explanation:
Given that
Price = $60
Elasticity of demand = -2
Recall that
MC = P(1 + 1/Ed)
From monopolist pricing rule as a function of elasticity of demand.
Where MC = marginal cost
Ed = elasticity of demand = -2
Thus
MC = 60 (1 + 1/-2)
= 60 (1 + [-0.5])
= 60 ( 1 - 0.5)
= 60 (0.5)
= 30
MC = $30
Answer:
A. True
Explanation:
The debt utilization ratios is used to determine the comprehensive picture for the long term financial health of the company or the solvency of the company.
The debt ratio is defined as the financial ratio which shows the percentage of the assets of an organization which are provided through a debt. When the ratio is higher, the risk involved with the operation of the firm is more.
Thus, for a high debt utilization ratio, it will always increase the return of the organization on the equity for a positive return on the assets of the organization.
Thus, the answer is TRUE.
Answer:
A) $ 1,65 are the 2019 EPS
B) $ 144.4400 go to retained earning after paid dividens of 0,80 per share.
Please see details below:
Explanation:
Net Income BEFORE Taxes $436.000
Tax RATE 21% -$91.560
Net Income after Taxes $344.440
Preferred Stock -$64.000
Subtotal $ 280.440 >> 280.440/170.000= $1,65 2019 EPS
Dividends $0,80/Shares: 170.000*0,8= $136.000
Subtotal $ 144.440 >> Retained Earnings
The financial statements of the Darlington Company report net sales of $500,000 and accounts receivable of $40,000 and $20,000 at the beginning of the year and end of year, respectively. What is the accounts receivable turnover for Darlington?