Answer:
The firm earns revenues of $360,000 per year. To receive a normal profit, the firm described above would have to earn additional revenue of $90,000
Explanation:
As per the information provided in the question, the current profit/loss after deducting all expenditure from income is as follows:
Particular Amount ($)
Revenue 360,000
Less: Wages and Salaries (200,000)
Less: Materials (75,000)
Less: New Equipment (30,000)
Less: Rented Property (20,000)
Less: Interest Costs (35,000)
Profit/Loss 0
As confirmed from the calculation above currently no profit is being earned even after the owner/manager not receiving income from the firm. Therefore, the firm should generate additional revenue of $90,000 in order to earn normal profit.
40-55 years is the expected number of years that known natural gas reserves are expected to last given that the current rates of use and extraction<span> do not change. The world has 40-55 years left to find an alternative to oil before it runs out.</span>
<span> </span>
Answer:
C. 1.3
Explanation:
market to book ratio = market capitalization / book value
- market capitalization = total stocks outstanding x stock price = 10,200,000 stocks x $16 = $163,200,000
- book value = stockholders' equity = $125,600,000
market to book ratio = $163,200 / $125,600 = 1.299 ≈ 1.3
The market to book ratio basically measures a company markets value versus its book value. Generally, if a company is profitable and successful, its market to book ratio should be higher than 1.
Answer:
product mix
Explanation:
The combination of product lines offered by a manufacturer is called the firm's: product mix.
