Answer:
debit to Manufacturing Overhead of $65,000
Explanation:
Manufacturing overhead cost are those that are shared to different processes that do not contribute directly to product being manufactured.
For example raw materials is a direct contributor to goods, while labour is a overhead cost that indirectly contributed to the good.
On the given scenario it is the actual amount incurred that will be debited to the books of the company.
So there will be a debit to Manufacturing Overhead of $65,000
Answer:
They use various statistical measures of data that help them in predicting the probability of the rise or fall in production or any other aspect like the job loss or the FDI and many aspects of the economy.
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Answer: The value of the firm is $16 million.
For this question we use the Modigliani-Miller Proposition I which states that the value of the firm is same irrespective of the amount of equity and debt in its capital structure, ignoring taxes.
Amount borrowed for buyback = $1m
No. of shares bought back = 2500
Value per share = $
Shares outstanding before buyback = 40000 shares
Shares bought back = 2500 shares
Shares outstanding after buyback = 
Next we calculate the value of the firm before and after buyback of shares.
The value of the firm before buyback comprises of only 40000 equity shares. There is no debt. Hence,
The value of the firm after buyback will be
Since value of the firm before and after buyback of shares is the same, we can say that the Modigliani-Miller Proposition I without taxes holds and the value of the firm is $16 million.
Answer:
3.2
Explanation:
when we get the 8 minutes and multiply
the rate which is 40% we get 3.2. 8*40/100=3.2 minutes.
Answer:
B) Supply is inelastic, therefore, the price increased more than it otherwise would have.
Explanation:
The price elasticity of demand (PED) measures how much the quantity demanded of a product or service changes proportionally to a change in the price of the product or service.
If PED < 1, the demand is inelastic
PED > 1, the demand is elastic
PED = 1, the demand is unitary
When the PED is inelastic, if the price of a product or service changes 1%, then the quantity demanded will change less than 1%.
In this case the price increased a lot, but the quantity demanded only decreased a little bit.
