Answer:
c.the producer charges a price greater than $4.50.
Explanation:
The producer charges a price greater than $4.50. In monopolistic competition the demand curve lies above the marginal revenue curve. Price is determined by the demand curve and in this particular case price should be greater than marginal revenue curve meaning price is greater than $4.50 . Therefore the correct answer is c.the producer charges a price greater than $4.50.
Answer:
The percentage decrease in utilization is 83.33%
Explanation:
According to the data, we have the following:
Coefficient of variance, m = 3
Arrival rate, ra = 45 per hour
Service rate, re = 18 per hour per lane
Therefore, in order to calculate the percentage decrease in utilization when one more checkout lane is added to the system, we have to use the following formula:
So, percentage decrease in utilization = ra / (m.re)
= 45 / (3*18) = 0.833
The percentage decrease in utilization is 83.33%
Explanation:
The construction of the income statement for the year ending 2015 is attached in the attachment. Kindly find it below:
As we know that the income statement records only the revenue and the expenses for the particular year
If the income is higher than the revenue, the company earns the net income otherwise it is a net loss and the same is to be reported on the statement of the stockholder equity
The earning per share is
= Net income ÷ Shares outstanding
and the same is shown in the attachment
Answer:
$86,400.00
Explanation:
The operating expenses recorded in the year was $100,000, out of the total expenses,$8,200 was due to a decrease in prepaid expenses(no cash paid) and $5,400 was as a result of an increase in accrued expenses payable(no cash was paid in that regard as well)
Cash payments for operating expenses=operating expenses-decrease in prepaid expenses-increase in accrued expenses payable
cash payments for operating expenses=$100,000-$8,200-$5,400=$86,400.00
Answer:
$150,000
Explanation:
Copper Corporation
The amount of dividends received deduction will tend to depends upon the ownership percentage by the corporate shareholder.
Therefore in a situation where Copper Corporation is said to owns only 85% of what Bronze Corporation had, Copper Corporation definitely qualify for a percentage of 100 deduction or a total amount of $150,000.if we have to based on the above information given because Bronze Corporation pays Copper Corporation a dividend of $150,000.