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2 years ago

The marginal product of labor is the:

Business

1 answer:

aksik [14]2 years ago

5 0

Answer:

Option (a) is correct.

Explanation:

The Marginal product of labor is defined as the extra units of output produced from hiring one more labor. The formula for marginal product of labor is as follows:

Change in output per unit change in labor:

$MP_{L}=\frac{Change\ in\ o/p}{change\ in\ Labor}$

Graphically, the marginal product of labor is the slope of the production function for a particular firm and it is calculated by differentiating production function with respect to labor.

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Drogo, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding with 14 years to maturity that is qu

just olya [345]

Answer:

a. 7.30%

b. 4.745%

Explanation:

For computing the pretax cost of debt we have to applied the RATE formula i.e to be shown in the attachment below:

Given that,

Present value = $1,000 × 106% = $1,060

Assuming figure - Future value or Face value = $1,000

PMT = 1,000 × 8% ÷ 2 = $40

NPER = 14 years × 2 = 28 years

The formula is shown below:

= Rate(NPER;PMT;-PV;FV;type)

The present value come in negative

So, after applying the above formula

a. The pretax cost of debt is

= 3.65% × 2

= 7.30%

b. And, the after tax cost of debt would be

= Pretax cost of debt × ( 1 - tax rate)

= 7.30 % × ( 1 - 0.35)

= 4.745%

4 0

3 years ago

Slide Corporation reported net income for the current year of $370,000 and paid cash dividends of $50,000. Power Company holds 4

expeople1 [14]

Answer:

$20,000

Explanation:

Since Slide Company does not have any controlling interest which is ability to influence the decision making.

In Power Company, it should recognize the amount of below as dividend income in the current year,

50,000 * 40% = $20,000

7 0

3 years ago

Carey Anderson opened a software consulting firm that immediately paid $21,000 for a computer system. Was Anderson's computer

weeeeeb [17]

It is because he is paying money so it is a expense

4 0

2 years ago

Prepare journal entries to record the following production activities.

blagie [28]

Answer:

1.Dr Work in progress inventory75,000

Dr Payable Factory payroll 75,000

2. Dr Factory overhead 20,000

Cr Factory Payroll Payable 20,000

3. Dr Factory wages payable 95,000

(75,000+20,000)

Cr Cash 95,000

Explanation:

Preparation to record Journal entry

1. Since the amount of $75,000 was been Incurred of the direct labour production this means we have to record the transaction as :

Dr Work in progress inventory75,000

Dr Payable Factory payroll 75,000

2. Since the amount of $20,000 was Incurred of indirect labor in production this means we have to record the transaction as:

Dr Factory overhead 20,000

Cr Factory Payroll Payable 20,000

3. Since factory payroll was paid the transaction will be recorded as :

Dr Factory wages payable 95,000

(75,000+20,000)

Cr Cash 95,000

5 0

3 years ago

Mercy Hospital is considering a project that is expected to reduce the hospital's annual operating costs by $250,000 per year be

gizmo_the_mogwai [7]

Answer:

$650,000

Explanation:

The computation of the expected net cash flow for the year 1 is shown below:

= Annual operating cost reduced + expected revenue generated per year in the year 1

= $250,000 + $400,000

= $650,000

By adding the annual operating cost, and the expected revenue generated we get the project expected net cash flow for the year 1

5 0

3 years ago