Answer:
Economies of scale
Explanation:
Economies of scale refers to reducing total costs per unit by increasing total output. All companies have certain fixed costs, some companies have higher fixed costs than others, but they always exist. When you are producing something, the cost equation is production costs = variable costs per unit + average fixed costs per unit.
Variable costs vary directly with output, while fixed costs do not, e.g. salaries can be fixed, depreciation, rent, interests, etc. The higher the output, the lower the average fixed cost per unit.
Also, sometimes variable costs can also decrease as total output increases. E.g. you can get higher discounts for purchasing larger quantities of materials and supplies.
C is correct answer ......
Answer:
$1.15 per share
Explanation:
The computation of the earning per share is shown below:
Earning per share = Net income ÷ common stock outstanding shares
where,
Net income is
= EBIT - interest expense - taxes
= $707,000 - $58,000 - $224,000
= $425,000
And, the common stock outstanding shares is 370,000
So, the earning per share
= $425,000 ÷ 370,000 shares
= $1.15 per share
Answer:
$169,521
Explanation:
The computation of long-term debt is shown below:-
Total asset = Cash + Inventory + Goodwill + Net plant and equipment + Receivables + Current assets
= $23,015 + $213,100 + $78,656 + $710,100 + $141,258 + $11,223
= $1,177,352
Long-term debt = Total asset - Account payable - Common stock - Retained earnings - Short term notes
= $1,177,352 - $163,257 - $311,300 - $512,159 - $21,115
= $169,521
Hence, we have applied the above formula for determining the long term debt.
Answer:
<u>Monopolist competition</u>.
Explanation:
The market structure of monopolistic competition occurs when there are several companies offering similar products, which even though substitute products cannot be considered perfect substitutes. Monopolistic competition is characterized when in the market there are many sellers competing for a higher market position of some product or sector. This type of monopolistic competition is characterized by free entry to other companies, which makes it increasingly competitive in the pursuit of customer preference.
