Answer:
is $4.67
Explanation:
Marginal revenue of a company selling a product is the extra revenue realised from the sale of extra units of the product.
For example if 1 unit of a pen is sold at $5, the marginal revenue is 5/1= 5.
Also when 10 units are sold at $50, marginal revenue is 50/10= 5.
So for extra sales of product Z the marginal revenue is $4.67 showing that is the price per unit of Z, and it is constant.
Hey You!
When preparing a bank reconciliation, a not sufficient funds (NSF) check is deductee from the balance according to the company's records.
Answer:
Accounting equation is stated as follows:
Assets = Liabilities + Stockholder's Equity
Transaction 1
Providing services will increase revenue, which will increase stockholder's equity. And since it is on account it will increase assets by the same amount = $39,000
Transaction 2
Cash received will increase cash in assets and will decrease accounts receivables in assets. Net effect = 0
Transaction 3
Purchase of equipment will increase equipment that is asset by $24,000 and further it is purchased through a note payable, it will increase liability with the same amount.
Transaction 4
This will decrease cash as paid in cash which will decrease assets, and further this will be expense for the period which will decrease the revenue and will decrease the stockholder's equity.
Answer:
The total amount of paid-in capital in excess of par is: $5,000.
Explanation:
When Common Stocks are classified as par value Stocks, any price paid in excess of the par value of the Stock is accounted for in the Share Premium account.
<u>Here is the Summary of the Transaction provided.</u>
Common Stocks : 260 shares × $100 = $26,000
Paid-in capital in excess of par : $31,000 - $26,000 = $5,000
Answer:
$47,500
Explanation:
Calculation for How many dollars will you receive
Using this formula
Dollar to receive=Expected Japanese yen×Forward rate
Let plug in the formula
Dollar to receive= ¥5,000,000 x $.0095/¥
Dollar to receive= $47,500
Therefore the amount of dollars will you receive will be $47,500