Answer:
B) dividing the change in total cost by the change in output
Explanation:
Marginal cost(MC) is the cost incurred as a result of producing additional units of goods and services. It is calculated by dividing a change in total cost by a change in output.
That is,
Marginal cost(MC)= change in total cost(TC)/ change in output
Total cost(TC): This is the addition of fixed and variable cost in production.
Total cost(TC)= fixed cost (FC)+variable cost (VC)
Fixed cost (FC) are cost that doesn't change during the production process such as buildings, machineries and furniture.
Variable cost (VC) are cost that changes or are used up during production process such as raw materials.
True because they take notes on the security and the routines.
Answer:
if I'm correct I think both bondholders and shareholders
Answer:
The average collection period of the company is 18 days
Explanation:
The formula for computing the average collection period of the company is as follows:
Average Collection period = 365 / Accounts receivable turnover ratio
where
Accounts receivable turnover ratio is computed as:
Accounts receivable turnover ratio = Net credit sales / Average accounts receivable
Putting the values above:
Accounts receivable turnover ratio = $400,000 / $20,000
Accounts receivable turnover ratio = 20
Now putting the values of the Accounts receivable turnover ratio in the formula of average collection period:
Average collection period = 365 / 20
= 18.25 or 18 days
