<span>The difference between a privately-held and public company
is that the owners of the private company are the company’s founders or a group
of private investors while in the public company, the company has undergone an
initial public offering that means the company sold a portion of its shares to
the public. The management of a public company is answerable to the
shareholders as opposed to the private company. A public company sells the
shares of stock and is listed in the stock exchange while a private company is unlisted. </span>
Answer:
Missing word <em>"Use the high-low method to determine operating cost equation y=$_____, x + $ = ____"
</em>
<em />
Cost on (800*90%)=720 units is 220,040
Cost on (800*80%) = 640 Units is 215,480
Variable cost per unit = Changes in total cost/High activity-low activity = 4560 / 80 = $57 per unit
Fixed cost = Total cost - Variable cost = 220,040 - (720*$57) = 220,040 - 41,040 = $179000
<u>Cost equation: </u>
Total cost = Fixed cost + Variable cost per unit
Y = 179000 + 57X
Y = 179000 + (57*440)
Y = $204,080
C) table ..
hope it helped
Answer:
The shareholders equity is 120
Explanation:
Basing on accounting equation:
Total asset = Liabilities + Shareholders equity
Therefore:
Shareholders equity = Total asset - Liabilities = Total asset - (Short term debt + Long term debt)
The company has total assets of 200, long term debt of 30 and short term debt of 50.
Shareholders equity = 200 - (50 + 30) = 200 - 80 = 120
The Rust Belt became an industrial hub due to its proximity to the Great Lakes, canals, and rivers, which allowed companies to access raw materials and ship out finished products. These were the most important factors.
