Answer:
D. the routine service.
Explanation:
Single cost driver rate: It is a cost assigned to each unit of cost driver activity directly. Cost driver also influence other business activity and effect the total cost incurred.
In the given case, Business offer both routine and specialized service, as we know single cost driver influence driver directly, therefore, cost driver of specialized service will overprice the routine service.
This is a funny question!
a. texting her mother at home
Answer:
All of the answers are correct.
Explanation:
The law of supply states that in a production process when the price of. Commodity increases the suppliers are more willing to supply more goods, while when price falls suppliers tend to supply less goods.
This is as a result of lower motivation to sell at a lower price where profit margins are low. The higher the price the more the profit made so they are more motivated.
Also when prices are too low the suppliers may barely cover their cost of production so they tend to supply less.
Attached is a diagram of the supply curve
Answer:
C) performance of the contract is commercially impracticable.
Explanation:
Contract law contemplates certain situations where performing the contract is either difficult or impossible and therefore the party is not liable for breaching the contract.
Commercial impracticability applies to contracts where the performance of at least one party is impracticable and cannot be accomplished.
In this case, Quinn cannot perform his duty since the price of scrap steel increased beyond any reasonable price contemplated in the contract. Since Quinn is not responsible for setting the price of scrap steel, he is not liable for breaching the contract.
Answer:
7.88%
Explanation:
Given that,
Dividend earned last year = $5.08 per share
Dividend paid = $2.00 per share
Return on equity, ROE = 13 percent
Retention ratio:
= (Dividend earned last year - Dividend paid) ÷ Dividend earned last year
= ($5.08 - $2.00) ÷ $5.08
= $3.08 ÷ $5.08
= 0.6062
Sustainable growth rate:
= Retention ratio × Return on equity
= 0.6062 × 0.13
= 0.078806 or 7.88%
