Answer:
$30.40
Explanation:
($40 million − $2 million) / 1.25 million shares = $30.40
No, i will not suggest the restaurant is selling food beyond its expiration date because the operating cycle includes the average collection period which will be long if the restaurant only takes cash.
<h3>What is an
operating cycle?</h3>
This refers to the number of days required for a business to receive inventory, sell the inventory and collect cash from the sale of the inventory.
The operating cycle as a financial tools plays a major role in determining the efficiency of a business.
Hence, whenever we noticed that a fast food restaurant's operating cycle is 30 days, we will not suggest the restaurant is selling food beyond its expiration date because the operating cycle includes the average collection period which will be long if the restaurant only takes cash.
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Answer:
<u>Allocative efficiency </u>
Explanation:
Marginal benefit refers to the extra satisfaction derived from purchase of an extra unit of a good or a service.
Marginal cost refers to the extra cost incurred when an additional unit of a good or a service is produced.
When marginal cost is equal to the marginal benefit, it is the most efficient situation wherein optimal blend of commodities is produced.
Allocative efficiency refers to producers providing that blend of goods which are most desired by the society at the optimal level of production.
The personality that would be the inspiration for the economic theory dominating in the 1920's would be Adam Smith. It would be a century after his death that his renowned economic principle would then be used by the people as the economic state of the United States continues to progress.
It should be noted that wars in Iraq and Afghanistan have benefited some sectors of the U.S. economy such as those that manufacture arms, but has decreased growth in others such as tourism.
Wars in Iraq and Afghanistan serves as one of the descruction war in Iraq, where many lost their lives, however, US benefited from this because US manufactures ammunition.
Therefore, wars in Iraq and Afghanistan have benefited some sectors of the U.S. economy.
Learn more about war in Iraq at;
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