Answer:
C. Takes its price as given by market conditions.
Explanation:
A perfectly competitive firm is basically an atomistic market. A perfectly competitive firm is a price taker which takes the price as given.
Answer:
Times interest earned
Explanation:
<em>The times interest earned is a ratio which is used o measure the financial risk of a company which uses some forms of debt finance .</em>
<em>Financial risk is the variability in return to equity holders occasioned by the payment of interest on the use of debt . Also, companies which use debt run the risk of not having enough cash to pay their debt obligations and therefore might run bankrupt. All of these explain financial risk which the times interest earned ration measures.</em>
Times interest earned is computed as
Profit before Interest and Tax/Interest expense
DATA:
Operating income (Profit before Interest and Tax) = 900,000
Times interest earned =100,000
Times interest earned=900,000/100,000 = 9 times
Times interest earned= 9 times
Answer:
Cost of goods manufactured= $11,660
Explanation:
Giving the following information:
Beginning inventory= $8,000
Ending inventory= $9,400
COGS= $10,260
<u>To calculate the cost of goods manufactured, we need to use the following formula:</u>
COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory
10,260 = 8,000 + cost of goods manufactured - 9,400
cost of goods manufactured= 10,260 - 8,000 + 9,400
cost of goods manufactured= $11,660
Answer:
The summary and as per the query is defined in the following portion of the clarification.
Explanation:
The key characteristics including its 100 yen sushi management of service distribution system are its approaches to meal preparation and facilities on the manufacturing process. The client is also involved throughout the supply chain. The regular price, the conveyor belt mechanism throughout the location, which passes across the commercial counter, is three to four chefs on the floor.
The benefits of this are the people that follow:
- High-tech independence including the use of clear methods.
- The positions that their operation involves repetition throughout their manufacturing method there might be other providers that could follow 100 yen sushi household operational efficiency. The distribution system used for the 100 yen sushi household delivery of services may also be regarded for car production.
- By only using throughout time method, the location uses freshly delivered food. The position has always had to estimate the volume of food purchased as well as cook it regularly according to the purchase request.
Answer:
The price of the stock today is $54.61
Explanation:
The stock of this company pays a constant dividend for a defined period of time after equal intervals. Thus, it is just like an annuity. To calculate the price of such a stock, we will use the present value of annuity formula:
Assuming that the dividend is paid at the end of the period.
Present Value of Annuity = Dividend * [(1 - (1+r)^-n) / r]
Where,
- r is the required rate of return
- n is the number of years of annuity
The price of the stock today is,
P0 = 8.45 * [(1 - (1+0.13)^-15) / 0.13]
P0 = $54.607 rounded off to $54.61