Answer:
The correct answer is "$338.52".
Explanation:
The given values are:
Market price,
= $282.10
Earning per share,
= $9.10
Earning increased,
= 20%
As we know,
⇒ 
On substituting the given values, we get
⇒ 
⇒ 
Current year earnings,
= 
= 
Thus,
⇒ 
⇒ 
⇒
($)
Answer:
Implicit costs are opportunity costs. They are the cost of the next best alternative that one could have taken from the one they took.
Explicit costs are normal accounting costs which represent the expenses involved in running a business.
a. The wages and utility bills that Charles pays. EXPLICIT COSTS.
These are normal accounting expenses so they are explicit costs.
b. The wholesale cost for the guitars that Charles pays the manufacturer. EXPLICIT COSTS.
Another cost of doing business so this is explicit as well.
c. The rental income Charles could receive if he chose to rent out his showroom. IMPLICIT COST.
By not renting out his showroom and using it instead, he is losing the rental income he could be making so this is an implicit cost.
d. The salary Charles could earn if he worked as a financial advisor. IMPLICIT COST.
Another income he could be making if he wasn't selling guitars. This make it an implicit cost.
Answer: THREAT OF SUBSTITUTE PRODUCTS.
Explanation:Porter's model was developed by a Harvard business school Lecturer known as Michael E. Porter in 1979. Michael E. Porter developed a Five Forces model that identifies and analyzes five competitive forces that shape every industry, and determines an industry's weaknesses and strengths.
The five competitive forces are as follows;
COMPETITIVE RIVALRY which determines the strength and number of your competitors.
SUPPLIER POWER which determines the uniqueness of the supplies given to you by your suppliers and the number of suppliers you have etc.
BUYER POWER which evaluates how many buyers you have,how easy it is for them to buy your products etc.
THREAT OF SUBSTITUTION which evaluates how easy it is for your buyers to buy another substitutes to your product etc.
THREAT OF NEW ENTRY which evaluates the ability or easy access of new products to penetrate the market,how well you are to maintain your strength etc.
Answer:
Explanation:
Using the EOQ Formula = EOQ
D = Demand = 773
O = Ordering Cost =28
H = holding Cost = 11*33% =3.63
So we have :
EOQ=
EOQ= 
EOQ=
EOQ= 
EOQ= 109.20196
Previous per unit order cost = 28/773 =0.03622
No of Orders = D/o
No of Orders = 773/109.20196 =7.0786
Cost per order =109.20196*0.03622 =3.9555
Total order cost= 7.0786*3.9555=27.9998
At EOQ holding Cost is equal to Order Cost
New Order cost =27.9998
Holding Cost = 27.9998
New cost As per EOQ = 56
Previous (33+28) = 61
Net Saving = 5
Answer:
Changes income, which changes consumption, which further changes income
Explanation:
Fiscal policy is an effective technique to control savings, income and consumptions because of its multiplier effect. The first effect of fiscal policy is that it changes income and that change in income leads to a change in consumption because of purchasing power; likewise, due to the change in consumption income changes. So, fiscal policy has a multiplier effect.