Answer: D. less than $4.50.
Explanation:
In the short run, a business should shutdown if the market price is below the Average Variable costs as because at this point, only losses are being made if the company stays in action.
If price is below the variable cost, it is best to shutdown so that the company can stop incurring the variable costs and incur the fixed cost alone. The lowest Average Variable cost is $4.50 for this good and so if the price falls below $4.50, the should shutdown.
Answer:
15.00%
Explanation:
The formula to compute the return on equity is shown below:
Return on equity = (EBIT × 1 - tax rate) ÷ (total equity)
= ($140,000 × 0.75) ÷ ($700,000)
= ($105,000) ÷ ($700,000)
= 15%
It shows a relationship between the earning after tax and total equity in respect of assets required for the project so that the accurate return can come
Answer: A. Debit card
<span>Among Debit card, Credit card, Cash advance and Payday Loan, a debit card typically has the lowest fees or cost to use. </span>A debit card is a plastic payment card used<span> instead of cash when making purchases. Unlike in a credit </span>card<span>, the money comes directly from the user's bank account when performing a transaction. </span>
Credit cards, cash advance and a payday loan are the same in the sense that they extend a line of credit to their users. Users are then charged with an interest higher than the fee charged in using debit cards. <span>
</span><span>
</span>
Answer:
Explanation:
Let we assume the number of CD produced be X
So, the total cost would be
C = Fixed cost + variable cost × number of CD produced
= $30,000 + $17X
For total revenue, it would b
R = $63X
For total profit, it would be
P = Selling cost per CD × number of CD produced - variable cost per CD × number of CD produced - fixed cost
= $63X - $17X - $30,000
= $46X - $30,000
For number of CD, it would be
0 = $46X - $30,000
X = $30,000 ÷ $46
= 652 CD for break-even
bonds are basically known as
b)contracts