Answer: $7.50
Explanation:
Given that,
Total value = $950 million
Accounts payable = $100 million
Notes payable = $100 million
Long-term debt = $200 million
common equity = $200 million
shares of common stock = 100 million
Value of equity = Value of firm - Value of preferred stock - Value of long term debt.
= $950 million - 0 - $200 million
= $750 million
= $7.50
Answer:
a. What is the MRP per driver per day?
- the marginal revenue product per driver = 60 packages x $20 = $1,200 per day
b. Now suppose that a union forces the company to place a supervisor in each vehicle at a cost of $300 per supervisor per day. The presence of the supervisor causes the number of packages delivered per vehicle per day to rise to 60 packages per day What is the MRP per supervisor per day? By how much per vehicle per day do firm profits fall after supervisors are introduced?
- if the drivers were already delivering 60 packages per day without the supervisor, then the addition of the supervisor doesn't change anything. So the MRP of the supervisor is $0. That means that the company's profits will decrease by $300 per day due to the supervisors.
c. How many packages per day would each vehicle have to deliver in order to maintain the firm's profit per vehicle after supervisors are introduced?
- $300 / 20 = 15 packages per day
- in order to maintain the profit per vehicle, each team of delivery man + supervisor should be able to deliver 75 packages per day.
d. Suppose that the number of packages delivered per day cannot be increased but that the price per deliver might potentially be raised. What price would the firm have to charge for each delivery in order to maintain the firm's profit per vehicle after supervisors are introduced?
- $300 / 60 = $5
- the price of each package delivered should increase by $5 to $25 per package.
Based on the information depreciation expense and amortization expense represent non-cash items.
Non-cash items has to do with expense that does not involve paying cash.
Depreciation expense and amortization expense are non cash item as no cash payment is involve.
Although this expense may be included in a company profit or loss account or net income but they do not have effect on a company cash flow.
Non cash item like depreciation expenses and amortization expense often have effect on a company overall net income.
Inconclusion depreciation expense and amortization expense represent non-cash items.
Learn more about non-cash item here:
<em>brainly.com/question/23158497</em>
Answer:
The Question is Incomplete; Full Question is as follows;
Using variable costing, what is the contribution margin for last year?
<em>Contribution Margin = $362,900</em>
Explanation:
Computation of expenditure margin by differential costing;
<em>Sales </em><em>Minus </em><em>variable cost </em>
= $1,558,000
- Variable cost of Manufacturing(190,000 units *$1.84)
= $349,600
— variable sales and administrative costs(190,000 units *$4.45)
= $845,500
= contribution margin = $362,900
<em>Keep in mind that; </em><em>Set or Fixed expenses and overhead costs are not taken into account when trying to calculate the contribution margin.</em>
<h2>Jill's interest in the property will: <u>Pass to Jill's heirs </u>(Option B)</h2>
Explanation:
Let us understand the meaning of tenancy: It is the "possession of any property which might be land or building and get connected as tenant".
In contrast, ownership means the property belongs that person alone or in partnership.
Understanding the above terms, We can say, Jack and Jill have been a tenant and after ten years, Jill dies. So the rest of the interest in the property will definitely go to his heirs only.
It cannot be passed to Jack because Jill's interest will not be paid by other person except for Jill's heirs. Jack heirs are no way responsible or own the property of Jack.
