Answer:
the minimum output level where the firm's average total costs are lowest.
Explanation:
When we are analyzing a firm's long-run average cost (LRAC) curve, the minimum efficient scale is the lowest point or range on the curve. This means that at this point or range, minimum production costs are achieved. It is supposed to be the point or range at which the firm should be able to maximize its profits, although that doesn't only depend on costs but also on revenues. The point at which profits are maximized is given by the intersection of the marginal revenue curve and the minimum efficient scale.
Answer: Company philanthropy
Explanation:
According to the given question, the company philanthropy is one of the concept that helps in promoting the corporate business for the welfare for generating the charitable donation in the non-profit organization.
The home-bound is one of the type of home decor firm that annually denoting the blankets to the various types of charitable trust or organization and this gesture is basically refers to the company philanthropy.
The philanthropy companies basically donating the various types of asset to the non-profit organizations for providing the services for helping the poor people.
Therefore, Company philanthropy is the correct answer.
Answer:
$4,800,000
Explanation:
Widget corporation purchased all of its fixed assets three years ago for $6 million
These assets can be sold today for $3 million
The company receives $1.8 million in cash after liquidation of current assets
Therefore the market value of the company's total assets today can be calculated as follows
Market value = $3,000,000 + $1,800,000
= $4,800,000
Hnence the company's market value for today is $4,800,000
Answer:
Increase sales force need and commence prospecting
Explanation:
With scenarios like existence in market for over two years, existence of untapped potentials in the sales unit, and a great marketing opportunity that abound with moderate pricing, such furniture business only requires to immediate prospecting to potential client whose needs are in tune with their furniture products and establish a proposal. Also, the sales force should practice the lead approach in their prospecting such that every discussion with an initial prospect should generate lead to three other persons. With this process and a fair market price in a competitive market, coupled with product quality will yield the expected turnover after a projected period.
The journal entry for the purchase of the stock for the trading securities portfolio is that Securities account debited and bank account credited.
Given that Slick Rocks management purchased the Sandstone stock for the trading securities portfolio instead of the available-for-sale securities portfolio.
We are required to form the journal entry that are required by the facts presented in the case.
A journal is basically a detailed account which records all the financial transactions of a business to be used for the future reconciling of accounts.
The journal entry will be as under:
Securities account debited and bank account credited. If we know that which security is being purchased then we can name that securities also.
Hence the journal entry for the purchase of the stock for the trading securities portfolio is that Securities account debited and bank account credited.
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