Answer:
Turnover = 4.02
Explanation:
Below is the given values:
Total sales = $25720000
Average operating assets = $6400000
Use the below formula to find the turnover.
Turnover = total sales / Average operating assets
Now plug the values in the formula and divide the total sales from average operating assets.
Turnover = 25720000 / 6400000
Turnover = 4.02
Answer:
c. many buyers and sellers.
Explanation:
A perfect market for competition is a market that has a high level of competition.
It has the following features -
1. With regard to the market, knowledge is great in this rivalry between producer and consumer.
2. Free entry, and exit
3. Deals with same or homogeneous products
4. The sellers and buyers are more in this market
Answer: Trade Deficit ($10 Billion).
Explanation:
C=40+0.8Y
Ig=$40 billion
X=$20 billion
M=$30 billion
where,
Y - GDP
C - Consumption
Ig - Gross investment
X - Exports
M - Imports
Balance of trade or Trade balance = Exports - Imports
Since, Imports are greater than the exports, so the nation is experiencing a trade deficit.
Trade deficit = Imports - Exports
= $30 - $20
= $10 billion
Answer:
(1)
Fees revenues 42,600
Total expenses 1.92 x 4260 = 8179.2
<em>Net income 34,420.8</em>
<em>(2)</em>
Fees revenues 42,600
Variable cost 2,982
Contribution Margin 39,618
Fixed Cost 14,400
Net Income 25,218
Explanation:
(1)
We multiply by the garment cleaned
10 x 4,260 = 42,600
0.7 x 4,260 = 2982
and distribute the fixed cost among the normal capacity
14,400 / 7,500 = 1.92 fixed cost per garment cleaned
.7 + 1.92 = 2.62 cost per garment
(2)
We do not include the fixed cost in the unit cost, we subtact them completely as an expense.
Answer:
The correct answer is durable; instability.
Explanation:
The stock of capital goods in hand affects investment spending. If there are sufficient capital goods in hand, the purchase of more goods will be uneconomical.
Capital goods are durable so their purchase can be postponed just like durable consumer goods. But this makes changes in investment spending unpredictable and unstable.
