Which of the following is an example of an enterprising career?

Let's assume that a firm produces 40 products. Its total weekly cost (TC) at this output is $1200. This includes TVC and TFC. We

ikadub [295]

Answer:

$15

Explanation:

The computation of the average fixed cost is shown below:

As we know that

Average fixed cost is

= Total fixed cost ÷ Quantity

where,

Total fixed cost is

= Total cost - total variable cost

= $1,200 - $200 × 3

= $1,200 - $600

= $600

And the quantity is 40 products

So, the average fixed cost is

= $600 ÷ 40

= $15

3 0

3 years ago

A company deposits $2,378 in a bank at the end of every year for 10 years. The company makes no deposits during the subsequent 5

anygoal [31]

Answer:

Final Value= $61,037.04

Explanation:

Giving the following information:

Investment= $2,378 in a bank at the end of every year for 10 years.

The company makes no deposits during the subsequent 5 years.

Interest rate= 10%

First, we need to calculate the first 10 years.

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {2,378*[(1.1^10)-1]} / 0.1

FV= $37,899.20

Now, the 5 years:

FV= PV*(1+i)^n

FV= 37,899.2*(1.1^5)

FV= $61,037.04

7 0

3 years ago

Zoey Bella Company has a payroll of $9,440 for a five-day workweek. Its employees are paid each Friday for the five-day workweek

Ratling [72]

Answer:

Dr Salaries expense $7,552

Cr Accrued salaries $7,552

Being entries to record salaries payable as at year end

Explanation:

When an expense is incurred but yet to be paid by an organization, the entries required are

Dr Expense (p/l)

Cr Accrued expense (B/s)

when payment is made

Dr Accrued expense (B/s)

Cr Cash account

Given that Zoey Bella Company has a payroll of $9,440 for a five-day workweek and the year ends on a Thursday. As such, the company as at 31 December has incurred salaries for 4 days. This has to be accrued for but first to calculate the amount

= 4/5 * $9,440

= $7,552

Hence adjusting entry required on December 31, assuming the year ends on a Thursday

Dr Salaries expense $7,552

Cr Accrued salaries $7,552

Being entries to record salaries payable as at year end

7 0

3 years ago

A firm has good associations with its customers, suppliers, and others who provide added mutual value for the firm. name the for

valina [46]

Relationship capital is the answer. it is a form of intellectual capital, which is the value derived from an organization's relationships with customers, suppliers, and others who provide added mutual value for the organization. It includes brand image and organization’s goodwill.

7 0

3 years ago

On June 30, Sharper Corporation’s stockholders' equity section of its balance sheet appears as follows before any stock dividend

Stolb23 [73]

Answer:

Sharper Corporation's Stockholders' Equity Section of Balance Sheet:

Common Stock:

Authorized Capital 120,000, $10 par value $0

Issued capital 90,000 at $10 par = $900,000

APIC = $400,000

Retained Earnings = $310,000

Total Stockholders' Equity = $1,610,000

2 Number of shares outstanding after the dividend distribution is 90,000 shares.

Explanation:

1. The dividend per share was calculated as follows:

50% of $10 = $5 per share

Total dividends = $5 x 90,000 = $450,000.

2. The Retained Earnings changed from $760,000 to $310,000 ($760,000 - $450,000). Dividends are paid out of retained earnings.

3. The number of shares outstanding after the distribution of dividends did not change. It could change if there were a stock split or some shares were repurchased under Treasury Stock.

5 0

3 years ago