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Ray Of Light [21]
4 years ago
15

Joe​: ​"i think the key additional information you need to know in deciding whether the doctor should keep the medical practice

open 9 hours per day rather than 8 hours is the amount of profit she is currently making while being open 8 hours. then she can compare the profit earned from being open 9 hours with the profit earned from being open 8 hours. this information is more important than the additional revenue and additional cost of being open 1 more​ hour."
Business
1 answer:
RoseWind [281]4 years ago
8 0
<span>This is what Joe says: "Information is more important than the additional revenue and additional cost of being open 1 more​ hour."
He is a wise person</span>
You might be interested in
What happens to the equilibrium price when supplies goes down
wariber [46]
An equilibrium price is where the quantity of goods supplied is equal to the quantity of goods demanded. So if supplies of the said product goes down the equilibrium will go down and the price and demand will be higher.
3 0
4 years ago
Ibis Paper Company prepared the following static budget for November: Static budget Units/Volume 12,000 Per unit Sales revenue $
arlik [135]

Answer:

Net operating income= $159,900

Explanation:

Giving the following information:

Sales revenue= $21.00

Variable costs= $8.00

Fixed costs 13,000

<u>For 13,300  units</u>:

Sales= 21*13,300= 279,300

Total variable costs= 8*13,300= (106,400)

Total contribution margin= 172,900

Fixed costs= (13,000)

Net operating income= 159,900

6 0
4 years ago
Felipe died on May 9, 2016. At date of death he owned the following assets:• Cash in the bank: $12,000• ABC Bonds: Fair market v
Alla [95]

Answer:

$431,600

Explanation:

      Calculation of Gross Estate of Felipe

Items                                                   Amount($)

Cash at bank                                      $12,000

ABC BOND                                         $5,000

Office building                                    $300,000

Stock in Leck Corporation                 $10,000

Personal residence (50% include)    $80,000

Accrued rent on office building        $24,000

Accrued rent on bond                       $200

Outstanding dividend                        <u>$400      </u>

Gross estate                                       <u>$431,600</u>

4 0
3 years ago
__________ is a sourcing strategy in which a company uses a single supplier for one particular part or service and another suppl
Snowcat [4.5K]
I believe your answer is:

Cross Sourcing

Hope it helped!
4 0
4 years ago
Rose Hill Trading Company is expected to have EPS in the upcoming year of $8. The expected ROE is 18%. An appropriate required r
Alborosie

Answer:

The dividend in the upcoming year should be $2.40

Explanation:

Given:

EPS(Earnings Per Share) = $8

Expected ROE(return on equity) = 18%

Appropriate required return = 14%

Plowback ratio = 70%

Required:

Find the dividend

To find the dividend, we need to first calculate the dividend payout ratio.

To find the dividend payout ratio, use the formula below:

Dividend payout ratio = 1 - plowback ratio

= 1 - 0.70

= 0.30 ≈ 30%

The dividend payout ratio is 30%

Therefore, the dividend for the upcoming year would be calculated using the formula below:

Upcoming dividend = upcoming EPS × dividend payout ratio

= $8 × 30%

= $2.4

The dividend in the upcoming year should be $2.4

5 0
3 years ago
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