Answer:
A. follow the 45-degree line from the origin
Explanation:
In order to diversify the business that means the output level should be increased we need to rise the input i.e. no of planes and pilots
Now if we increase the no of planes by 1 so here the no of pilots should also be increased by 1 units
So the expansion path equation is y = x
Therefore the option a is correct
Answer:
704076 $
Explanation:
Exact statement of the question is:
<em>May 3, 2007, Leven Corp. negotiated a short-term loan of $685,000. The loan is due October 1, 2007, and carries a 6.86% interest rate. Use ordinary interest to calculate the interest. What is the total amount Leven would pay on the maturity date? (Round your answer to 2 decimal places. Omit the "$" sign in your response.)</em>
Solution:
Fro 3rd May to October 1st. 2017 there are 151 days
But 365 days = 1 year
==> 151 days = 151× 1/365 =0.414 years
But we use 1 year as one term
==> 1year = 1T
==> T = 0.414
R= 6.86
P= 685000
A=?
We use formula for the term:
A= P
Where A= ammount at the end of term
P= Loan amount
R= Rate of interest
T= No. of terms
Putting values in this formula;
==> A= 685000×
==> A= 685000 × 1.02784938489=704076 $
Answer: Actual overhead costs always enter the Work-in-Process account.
Explanation:
The work-in-process account is an account where the value of goods yet to be completely produced are recorded while the overhead cost is simply a business running cost, that is cost on expenses the business makes to keep functioning.
Overhead cost is not recorded in work-in-process account, rather it is recorded as business expenses.
Answer:
C. Leniency Error
Explanation:
It is the tendency to give favorable ratings that are generally more lenient than true performance. In this case the manager does this to avoid conflict.
Answer:
$13.34
Explanation:
For computing the today price, first we have to determine the present value of equity which is shown below:
The Present value of equity = Spending amount on dividends and repurchases ÷ equity cost of capital
= $9.4 million ÷ 13.3%
= $70,676,691
Now the share price equals to
= Present value of equity ÷ outstanding shares
= $70,676,691 ÷ 5.3 million shares
= $13.34