Answer:
Units sold in 2016 = 12118.33
Explanation:
Given that
Net income = 154200
Fixed inputs = 572900
Selling price per unit = 155
Variable cost per unit = 95
Recall that
Net income = total revenue - total expenses
And that
Net income = (selling price - variable cost) × number of goods sold - fixed cost
Thus
154200 = (155 - 95)x - 572900
572900 + 154200 = 60x
727100 = 60x
x = 727100/60
x = 12,118.33 units
The unethical behavior of the Bernard Madoff and the managers of the Stanford financial groups are fraudulent and they aims at their personal gain and the wealth they earned through the concept of self dealing
Explanation:
They were clearly involved in such activities due to over-zealous and for their personal gain and in the pursuit of wealth and self interest. His main reason for existing his business was for funding his lifestyle and his expenses.
This is totally unethical or amoral in the work climate and it is the sole purpose or the duty of the company to ignore what is right and what is wrong and to get away with the strategy that they are not suitable with.
B. to improve control of monetary policy and to increase the information available to investors
C. To ensure that financial intermediaries do not earn more than the normal rate of return and to improve control of monetary policy
Hope this helped ;)
Answer:
Rest of question:
... equals marginal cost.
Firms will maximize profits at the point where marginal revenue equals marginal cost because producing after this point means that no profits will be made.
As long as the Marginal revenue exceeds marginal cost, there will be profits made because the company is making more than it is spending so they should keep producing. When it gets to a point in production where the marginal revenue equals marginal cost, the company should not produce further than that.
This is because, as earlier mentioned, any further production would result in the marginal cost being larger than the marginal revenue which means that a loss will be made. The company should therefore stop at the point where MR = MC so as not to let MC get larger than MR so that no losses will be made.
Answer:
Average rate of return= 10.17
%
Geometric return = 9.23%
Explanation:
<em>Geometric average return</em>
This is compounded annual rate of return which is used to measure the performance of an asset over a certain number of years. It helps to measure the return generated by an investment taking into account the volatility .
Unlike the arithmetic average the geometric average gives an idea of the real rate taking into account of volatility
The formula below
Geometric Return =(1+r1) (1+r2) ...... (1+rn)^1/n
Geometric Average return =
(1.12× 1.19× 1.21× 0.88× 1.26× 0.95)^(1/6) - 1 =0.09233168
Geometric return =0.0923
× 100= 9.23%
Geometric return = 9.23%
Average rate of return
<em>The average return is the sum of the returns over the years dividend by the Numbers of returns</em>
Average return = sum of return / No of returns
(12% + 19% + 21% + (12%) + 26% + (5%))/6 =10.17
%
Average rate of return= 10.17
%
Geometric return = 9.23%
