Answer:
C. The firm will not change output but earn a lower profit
Explanation:
So when there is a lump sum tax imposed on the firm, it would cause the extra costs added to the firm's fixed costs. As the variable costs are not affected, the marginal cost remains unchanged.
However, it would shift the ATC (average total cost) curve upward due to the increase in fixed costs - leading the loss.
So that, the firm will not change the output but earn lower profit.
Answer:
$71.43 per share
Explanation:
Price to pay (Present value) = Annual Dividend / Required return
Price to pay (Present value) = $3.75 / 0.0525
Price to pay (Present value) = 71.42857142857143
Price to pay (Present value) = $71.43 per share
Answer:
a.
i. $6
ii. $8
b.
i. $600,000
ii. $800,000
Explanation:
a. Standard Cost is the cost which is stated or described as the amount which is per unit.
i. For materials
Standard Cost = Expected amount to be spend on materials / Units
= $600,000 / 100,000
= $6
ii. For labor
Standard Cost = Expected amount to be spend on labor / Units
= $800,000 / 100,000
= $8
b. Budgeted cost are those costs which are stated as the total or aggregate amount.
i. For total material cost
Budgeted cost for the year = Expected or total cost spend on materials
= $600,000
ii. For total labor cost
Budgeted cost for the year = Expected or total cost spend on labor
= $800,000
I think the term would be industrial corruption
Answer:
provide ongoing customer support, service, and be alert for new sales opportunities
Explanation: