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V125BC [204]
3 years ago
10

Firm X is producing 1000 units, selling them at $15 each. Variable costs are $3 per unit and the firm is making an accounting pr

ofit of $3000. What is the firm’s total costs?
Business
1 answer:
-Dominant- [34]3 years ago
5 0

Answer:

total cost = 12,000

Explanation:

From the formula of accounting profit, we can solve for total cost:

Accounting profit = total revenue - totoal cost

Firm X

produce 1,000 units and sell them at $15 each

total revenue: 1,000 units x $15 = 15,000

It has an accounting profit for 3,000

We plug this values into the formula of accounting profit

Accounting profit = total revenue - totoal cost

         3,000           =    15,000          -   total cost

15,000 - 3,000 = total cost

total cost = 12,000

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<h2>What is the role of Patent & Trademark Office?</h2>

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5 0
2 years ago
the two ways that a company can issue new securities and thereby raise capital in the primary market are through:
Airida [17]

Private Placement and Investment Banking Process, are the two ways that a company can issue new securities and thereby raise capital in the primary market

<h3>What is Primary Market?</h3>

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3 0
1 year ago
If the FOMC orders the open market desk to sell government​ securities,
Delicious77 [7]

Answer: Option(a) is correct.

Explanation:

FOMC (Fed open market committee) is monetary policy making body of United states who implements various money supply related policy.

Here, FOMC orders the open market desk to sell government​ securities, which lowers the money supply and increases the interest rate.

Fed use this monetary policy instrument to control the money supply in the economy.

This effect also shown in a diagram.

In the IS-LM diagram, it was shown that there is a shift in the LM curve leftwards due to decrease in the money supply. So, this decrease in the money supply raises the interest rate from i to i' and decreases output from Y to Y'.

5 0
3 years ago
The percentage of the US labor force that is unemployed is known as the __________.
melamori03 [73]

Answer:

Explanation:

C

5 0
3 years ago
Quantitative Problem: 5 years ago, Barton Industries issued 25-year noncallable, semiannual bonds with a $1,000 face value and a
Yakvenalex [24]

Answer:

7.67%

Explanation:

The Excel rate function can be used to determine the before-tax cost of debt as follows:

=rate(nper,pmt,-pv,fv)

nper=number of semiannual coupons in the remaining 20 years=20*2=40

pmt=semiannual coupon=$45

pv=current amrket price= $896.87

fv=face value=$1000

=rate(40,45,-896.87,1000)=5.11%

5.11%  is the semiannual yield

yield to maturity=5.11%*2=10.22%

after-tax cost of debt=pretax cost debt*(1-tax rate)

tax rate=25%

after-tax cost of debt=10.22%*(1-25%)=7.67%

7 0
3 years ago
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