Answer:
If Julius wants to pay off his credit card's balance in 12 months, he will have to pay $119.40 per month. That means that he will need to cut off other expenses to make up the difference between $119.40 and his current minimum monthly payment of $34.15.
He has to find a way to cut off $85.25 (= $119.40 - $34.15) from his other expenses.
Answer:
a. MR = 2/3P
b. The prom-maximizing price is $30.
Explanation:
a. MR = P(1 + 1/e)
= P(1 - 1/3)
= 2/3P
Therefore, Thefirm‘s marginal revenue as a function of its price is MR = 2/3P
b. monopoly firm maximizes profit when MR = MC
2/3P = 20
P = $30
Therefore, The prom-maximizing price is $30.
Answer:
$279,200
Explanation:
The computation of working capital is shown below:-
As we know that
Working capital = Current assets - Current liabilities
where,
Current assets = cash balance + account receivable + Inventory
= $129,200 + $122,600 + $209,300
= $461,100
And,
Current liabilities = Account payable + Salaries & wages payable
= $153,500 + $28,400
= $181,900
now we will put the values of the above working capital formula
= $461,100 - $181,900
= $279,200
Answer: (A) Loyalty
Explanation:
According to the given scenario, Henry hutchins is dissatisfied with his job but he believes to the supervisor of the company that he helps in reducing the stress and disappointment from the job.
The Henry repose to the given problem is refers as the loyalty as he shows faith to his supervisor and also shows the loyalty that he helps in improve the conditions of his job.
The loyalty is the term that shows the positive, reliable and the trust quality of the person that the one person devoted to other.
Therefore, Option (A) is correct answer.
Having the answer choices would be helpful!