Answer:
Hire more labor and increase the output.
Explanation:
Because Rear Gear is a profit-maximizing firm, it will hire more labor and increase the output.
This is because, when the firm has purchased a new sewing machine, they need to produce more in order to capture the fixed cost of production (i.e. cost of sewing machine). In order to do so, they need to hire more workers or labour to increase the total output.
Answer:
A) The cash receipt of $6490 is shown as a positive cash flow in the investing activities section.
Explanation:
The neet book value of the equipment sold, is a non-cash item, so all the money reveiced from the sale is reflecting on as a positive cash flow in the financing activities section.
Answer:
reschedule for next week and I will be there in a few minutes to
Answer:
151.05 euro
Explanation:
The computation is shown below:
Data provided in the question
€1 = $1.1364
$1 = $1.2408
And the new coat cost is $213 in Singapore
So, by considering the above information
The 1 euro = $1.1364 × $1.2408 = $1.4100512
So,
$1 = 1 ÷ $1.4100512 euro = 0.709194
So, the identical coat cost is
= $213 × 0.709194
= 151.05 euro
Answer:
D) $1120
Explanation:
The goods Sally purchase were $1440, and with the 25% discount, she would have paid $1080, because 25% of $1440 is $360. Since she returned 1/3, she would have only spent $720, because $1080/3 is also $360. $720+$400 from the beginning would be $1120
