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ArbitrLikvidat [17]

3 years ago

10

The above diagram illustrates the short run cost curves for Sarah Mat, a rice farmer in Queensland. Calculate the profit or loss

for Sarah Mat and, examine the key characteristics for perfect competition firm with reference to Sarah’s farm

1 answer:

oksano4ka [1.4K]3 years ago

6 0

Answer:

See explaination

Explanation:

Please kindly check attachment for the step by step solution of the given problem.

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Cullumber, Inc. produces three types of balloons—small, medium, and large—with the following characteristics: Small Medium Large

VikaD [51]

Answer: Small Balloons - 600 units

Medium Balloons - 0 units

Large Balloons - 467 units

Explanation:

To solve this question, the Contribution margin per hour must be ascertained to find out which product is manufactured more efficiently in relation to machine hours.

Small Balloon.

= Contribution margin per unit/ Machine hours per unit

= 3/1

= 3

Medium Balloon.

= Contribution margin per unit/ Machine hours per unit

= 3/2.4

= 1.25

Large Balloon

= Contribution margin per unit/ Machine hours per unit

= 4/3

= 1.33

From the above we can rank the most efficient.

Efficiency Ranking

Small Balloon - 1

Large Balloon - 2

Medium - Balloon 3

As a rule, it is better that a company produces goods it is more efficient at first,

Small Balloons will be produced first and have a demand of 600 units.

With a cost of 1 unit therefore, producing 600 would be,

= 600 * 1

= 600 machine hours.

With Small Balloons taking 600 hours and with a limit of 2,000 hours we are left with,

= 2,000 - 600

= 1,400 hours.

Next in production is Large Balloons at a demand of 880 units with each unit costing $3,

= 880 * 3

= 2,640 machine hours

Seeing as we only have 1,400 machine hours left all these hours will be converted to used for Large Balloons which means the following number of units will be produced,

= 1,400/3

= 466.67

= 467 units.

The Company should produce in the following order to maximise its total contribution margin.

Small Balloons - 600 units

Medium Balloons - 0 units

Large Balloons - 467 units

5 0

3 years ago

What the role of marketing

nikitadnepr [17]

Answer:

The Marketing Department plays a vital role in promoting the business and mission of an organization. It serves as the face of your company, coordinating and producing all materials representing the business.

Explanation:

hope this helps and I want brainless

3 0

3 years ago

The stockholders' equity section on the December 31, 2012, balance sheet of Chemfast Corporation reported the following amounts:

Lina20 [59]

Answer:

1. The number of Shares of Preferred Stock issued was

88000/20 = 4400

2. Number of shares outstanding was

4400 - 1000= 3400

3. Average issue price of the preferred stock was

(88000+10340)/4400= 22.35

4. Average issue price of the common stock was

(478400/5200)= 92

5. The treasury stock transaction decreased stock equity by 9100

6. The treasury stock cost (9100/1000)= 9.1

7. Total stockholder Equity is 589,640

Stockholders Equity

Capital stock

Preferred stock 88000

paid in capital in excess of par 10340

Common stock 478400

total paid in capital 576740

Retained Earnings 22000

total paid in capital & Retained earnings 598740

less Treasury stock -9100

total Stockholders Equity 589640

6 0

4 years ago

The duty of a broker-dealer firm and its individual brokers to ensure that investment recommendations made to customers are suit

Alex_Xolod [135]

Answer:

The answer is option "D"

Explanation:

The suitability condition that broker-dealer firms have to adopt includes making investment recommendations on the basis of their applicability in terms of what the customer's profile is. To do this, the firm needs to have adequate and reasonable understanding of the customer, their needs, their risk profile, details of their other investments and their age among several other factors. Firms use these details and then perform their own research, or 'due diligence' to ensure that the recommendations made are appropriate in the customer's context. Options A and B pertain to this criteria and are therefore correct. Option C is also correct since, even if the investment recommendation is in line with the customer's profile, firms must still refrain from making trade recommendations that are excessive in size because they can, among other issues, raise the risk profile of the trade.

Now lets look at option D. Broker-dealers do rely on the customers providing customer specific information so that they can plan investment recommendations accordingly, however, this is not the only practice that is required. Firms need to conduct their own research and due diligence as well. Furthermore, customers may be unwilling to disclose certain information, for example, details of their other investments. In this case, firms need to be cautious and carefully analyse whether they have 'enough' customer specific information to be reasonably certain that the investment recommendation is appropriate. As long as enough information exists to form the reasonable basis, firms do not need to refrain from making recommendations.

Therefore, the correct option is D.

7 0

3 years ago

Experts predict that future trends in the u.s. banking industry will lead to:

Maurinko [17]

Experts predict that future trends in the u.s. banking industry will lead to several thousand banks. Basically, at the rate our population is growing and the need for banks, the amount of banks we have now, needs to grow. As predictions are made, there will need to be an increase in growth to accommodate those needing banking services.

8 0

4 years ago