How can verbal and nonverbal contradict each other

A firm sells a product in a purely competitive market. The marginal cost of the product at the current output is $5.00 and the m

Rufina [12.5K]

Shut down, if the minimum possible average variable cost is $5

In the purely competitive market majority of the producers is price taker as there are many sellers of the same homogenous product. When in the situation of Marginal Cost (MC) of product at the current rate of production is equal to the market price. This shows that the firm isn’t in profit, it is selling at which they are producing. So, the Average Variable Cost AVC of product at this level indicates the shutdown of the firm production.

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5 0

2 years ago

You plan to retire in 28 years. You would like to maintain your current level of consumption which is $52,672 per year. You will

igor_vitrenko [27]

Answer:

The amount to invest each year for 13 years is $5,617.37.

Explanation:

This can be calculated using the formula for calculating the present value of an ordinary annuity as follows:

PV = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)

Where;

PV = current level of consumption = $52,672

P = amount to invest each year = ?

r = annual nominal interest rate = 5.03%, or 0.0503

n = number of years = 13

Substituting the values into equation (1) and solve for n, we have:

$52,672 = P * ((1 - (1 / (1 + 0.0503))^13) / 0.0503)

$52,672 = P * 9.37662983027493

P = $52,672 / 9.37662983027493

P = $5,617.37

Therefore, the amount to invest each year for 13 years is $5,617.37.

7 0

4 years ago

Stock A has an expected return of 10% and a standard deviation of 20%. Stock B has an expected return of 13% and a standard devi

Nina [5.8K]

Answer:

Expected Portfolio return = 0.5(10)+0.5(13)= 5+6.5=11.5%

Expected Portfolio SD= 0.5(20)+0.5(30)= 25%

Beta of A, 10= 5+B(6)

5=6B

B= 5/6= 0.833

B of B, 13=5+B(6)

8=6B

B=8/6

B=1.33

b. Portfolio AB's standard deviation is 25%

c. Stock A's beta is 0.8333

These two statements are correct

Explanation:

3 0

3 years ago

Marina Inc. sells and services sailboats. On April 1, Marina financed the purchase of its entire inventory with ACE Finance Comp

Firlakuza [10]

Answer:No, ACE cannot repossess the sailboat purchased by Wally.

Explanation:

Marina Inc. is a firm that sell and services sailboat in it's ordinary course of business, in the same vein ACE financing it's inventory is in line with normal course of business.

ACE cannot repossessed the sailboat from Waliy because selling sailboat it's Marina ordinary course of business.

ACE also knew before signing the inventory financing contract that Waliy will sell the inventory to third parties.

7 0

4 years ago

Monroe Minerals Company purchased a copper mine for $120,000,000. The mine was expected to produce 50,000 tons of copper over it

NikAS [45]

Answer:

Net Income = $4,560,000

Explanation:

Monroe Minerals Company

Income Statement

For the year ended, December 31, 20Y1

Revenues:

Sales revenues (6,000 tons of copper × $4,500) = $27,000,000

Operating Expenses:

Operating expenses $8,040,000

Depreciation expenses (Note 1) $14,400,000

Total operating expenses 22,440,000

Net operating income $4,560,000

Note 1

Depreciation expense rate =

Cost of equipment ÷ expected unit production

or, Depreciation expense rate = $120,000,000 ÷ 50,000 tons of copper

or, Depreciation expense rate = $2,400/ton

Therefore, depreciation expense for the year 1 = $2,400 × 6,000 = $14,400,000.

6 0

3 years ago