Answer:
Maximum price= $11.9
Explanation:
Giving the following information:
Assuming a production level of 6,300 units:
Direct materials $ 4.20
Direct labor $ 4.30
Variable manufacturing overhead $ 3.40
The fixed overhead costs are unavoidable
Because the fixed overhead costs are unavoidable, we will concentrate on the variable costs.
The maximum price would be the total variable cost:
Total variable cost= 4.2 + 4.3 + 3.4= $11.9
Maximum price= $11.9
Answer:
The correct answer is 2.29
Explanation:
The debt-to-capital ratio (D/E) is a measurement of a company's financial leverage.
D/E=Total debt/Total equity
Total debt=(notes payable (10.5) + current maturities of long-term debt (39.9) + long-term debt (239.7) = 290.1
Total Equity = 126.6
D/E= 290.1/126.6=2.29
Thus, the debt to equity ratio for Luther in 2018 is closest to 2.29
The third one is most appropriate ! as it shows that the money can be stored and later we can use !
Answer:
The law firm is likely to be a sole proprietorship.
Explanation:
The ABC Law Firm has a few senior individuals who share the firm's debts, work, and profits. If the firm were to fail, those individuals could be forced to use personal assets to cover the firm's debts.
These characteristics indicate that ABC is a partnership business.
A partnership is a formal agreement between two or more people to own and operate a business. In a partnership, there are unlimited liabilities. The business is not a separate entity from the owners. The partners share the liability and profits equally.
Answer:
Agency Broker
Explanation:
An agency broker handle the demonstrations to the greatest advantage of its customers. An organization dealer has a duty to locate the best execution for its customers. For instance, an organization specialist may endeavor to take care of customer orders at the most reduced cost or as fast as would be prudent. An intermediary acting in a seller limit doesn't have a duty to the customer setting the exchange.