Answer:
Option (b) is correct.
Explanation:
In a market condition of pure competition, there are large number of buyers and sellers of the product. The sellers in this market condition are behaving like a price taker.
If a single firm wants to increase the price of the product then as a result the demand for their product is reduced or become zero.
There are some characterstics of the firms under pure competition market condition:
(i) They are selling homogeneous products.
(ii) Price taker firms
(iii) Large no. of buyers and sellers
Answer:
The net book value of the company = $3,415,000
Explanation:
<em>The historical cost concept states that assets should be stated at their historical cost. Under this concept, the value of a company is the the net-book value of its assets. The net book value of an asset is its historical cost less the accumulated depreciation to date.</em>
The book value of the delivery company
Net fixed assets $3, 200,000
Net working capital <u> $215,000</u>
Total book value <u> $3,415,000</u>
The net book value of the company = $3,415,000
Answer
The answer and procedures of the exercise are attached in the images below.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in 2 sheets with the formulas indications.
Answer:
break even point in unit =5440 units
break even point in sales = $544000
total sale = $680000
Explanation:
given data
Current operating income = $34,000
Selling price = $100
margin ratio = 25%
to find out
Bay Area Cycle’s break even point in units and total sales dollars
solution
we get here first break even point that is express as
break even point in unit = 
..................1
break even point in unit = 
break even point in unit =5440 units
so
break even point in sales = 
..................2
break even point in sales = 
break even point in sales = $544000
and
total sales will be
total sale = 
..................3
total sale = 
total sale = $680000
Answer:
a. corporate finance
Explanation:
Corporate finance -
It refers to the financial area , which is expertise in the source of funding , is referred to as corporate funding.
The action taken by the manager to increase the value of firms to the shareholders , this is the main focus of the corporate finance.
Hence , from the given scenario of the question,
The correct option is a. corporate finance .
