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3 years ago

Renting a car and paying $15 per day plus $.03 per mile driven is an example of what type of cost?

1 answer:

8 0

Actually the 15 dollars o a day would make it a fixed cost, but the 3 cents per mile is a variable cost.......hope I helped out, even if it was just a tad bit :)

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Dye Trucking raised $85 million in new debt and used this to buy back stock. After the recap, Dye's stock price is $8.50. If Dye

ivanzaharov [21]

Answer:

60,000,000

Explanation:

Dye trucking raised $85 million to buy stock

After the recap Dye's stock price is $8.50

Dye share had 70 million share before the recap

Therefore the number of shares present after the recap can be calculated as follows

= 70,000,000-(85,000,000/8.50)

= 70,000,000-10,000,000

= 60,000,000

Hence the number of shares after the recap is 60,000,000

8 0

3 years ago

Asarta Inc. is polluting into a nearby fishing stream; doing so benefits them $40,000 a year. The fishermen are unhappy as their

IceJOKER [234]

Answer:

a. Asarta Inc. could pay the fishermen $8,500 and keep polluting

Explanation:

The fishermen sell the fish for $8,000 a year at local market.

Due to pollution emitted by company into stream, their catch is dwindling and also their income.

The company benefits from usage of stream to the tune of $4,000 a year. In such scenario, if company compensates the fishermen for any amount between $8,000 and $40,000 then, in that case, optimal solution to the problem can be achieved in absence of any other transaction cost as per the Coase Theorem.

Therefore, The Asarta Inc. could pay the fishermen $8,500 and keep polluting.

4 0

3 years ago

Pizza Pier retires its 8% bonds for $70,100 before their scheduled maturity. At the time, the bonds have a face value of $72,100

mariarad [96]

Answer: Please refer to Explanation

Explanation:

DR Bonds Payable ............... $ 72,100

DR Premium on Bonds Payable (74,950 - 72,100) ...... $2,850

CR Cash ...................................... $70,100

CR Gain on Discharge of Bonds ($74,950 - $70,100) $4,850

(To record retirement of premium bond before time)

If you need any clarification do comment.

5 0

3 years ago

Which of the following is an example of a good with elastic supply in the short run?

garri49 [273]

Answer:

my be plastic wrep

Explanation:

because it seems to be elastic and its holds on very well

4 0

3 years ago

The following data relates to Spurrier Company's estimated amounts for next year. Estimated: Department 1 Department 2 Manufactu

Rashid [163]

Answer:

$3,628 per direct labour hour.

Explanation:

Total manufacturing overhead cost and total direct labour hours

Particulars Dep 1 Dep 2 Total

Manufacturing overhead cost 1,360,000 3,560,000 4,920,000

Direct labour hours 553,000 803,000 1,356,000

Plant-wide overhead rate = Total manufacturing overhead / Total direct labour rate

Plant-wide overhead rate = $4,920,000 / 1,356,000

Plant-wide overhead rate = $3,628

Therefore, the Plant-wide overhead rate is $3,628 per direct labour hour.

6 0

3 years ago