Answer:
$72.206 million
Explanation:
To get Chester Corporation's total assets, recall that;
Total liabilities = Total assets - (Retained earning + Total common stock)
Given that;
Total assets = ?
Retained earning = $18.275 million
Total liabilities = $51.391 million
Total common stock = $2.540 million
Total liabilities = Total assets - (Retained earning + Total common stock)
$51.391 = Total assets - ($18.275 + $2.540)
$51.391 = Total assets - $20.815
Total assets = $51.391 + $20.815
Total assets = $72.206
Therefore, Chester Corporation's total asset is $72.206 million.
Answer:
b) The average cost must be rising.
Explanation:
Assuming that the entity produce 4 units and its total cost is $16 so average cost per unit is $4 and now the same entity has produced the 5th unit at $5 so the average cost now per unit is (16+5)/5=$4.2
So based on the above discussion, it can be concluded that average cost increase when the marginal cost of production is increased.
So the answer is b) The average cost must be rising.
Answer:
Scubapro Corporation
The investor who currently has 20,000 shares has the right to buy this number of shares, if she exercises her preemptive right:
E) 8,000 shares.
Explanation:
Data and Calculations:
Outstanding common stock = 500,000
Planned issue of additional shares = 200,000
Proportion of new issue to outstanding = 0.40 (200,000/500,000)
For an investor with 20,000 shares, she has the right to buy 8,000 (20,000 * 0.40) additional shares.
Answer:
For example, a trade where the U.S. exports 4,000 refrigerators to Mexico in exchange for 1,800 pairs of shoes would benefit both sides, in the sense that both countries would be able to consume more of both goods than in a world without trade.
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Answer and Explanation:
d. All of these answer choices are correct.
