Answer:
........................Income Statement for the month of June...............................
Service Revenue.....................................................................$5,544
Less Expenses
Rent Expense .................................................$440
Utilities Expense.............................................$220
Salaries and Wages Expense......................$880
Gasoline Expense...........................................<u>$88</u>
Total Expenses .........................................................................(<u>$1,628)</u>
Net Income (Loss).............................................................$3,916
Service revenue = Services performed on the 5th + Services performed on the 20th
= 4,224 + 1,320
= $5,544
Answer:
$2.45
Explanation:
The formula to compute the marginal revenue is shown below:
Marginal revenue = Change in total revenue ÷ Change in number of quantity sold
where,
Change in total revenue would be
50 burgers × $5 = $250
51 burgers × $4.95 = $252.45
So, the change in total revenue is
= $252.45 - $250
= $2.45
And, the change in number of quantity sold is
= 51 burgers - 50 burgers
= 1
So, the marginal revenue is
= $2.45 ÷ 1
= $2.45
Answer:
Self actualization need
Explanation:
Since Kyle encouraged his colleagues to do <u>reach their highest potential</u> and take pride in their work. According to Maslow's hierarchy, Kyle appeal to self actualization need
Maslow defined self-actualization to be "the desire for self-fulfillment, namely the tendency for an individual to become actualized in what he is <u>potentially</u>. This tendency might be phrased as the desire to become more and more what one is, to <u>become everything that one is capable of becoming</u>."
The underlined statements in kyle's speech and the definition, are of the same meaning
Answer:
The rate of return on the investment if the price fall by 7% next year is -22% which is shown below.
The price of Telecom would have to fall by $71.43($250-$178.57), before a margin call could be placed.
Lastly,if the price fall immediately,the margin price would $178.57 as shown below
Explanation:
Total shares bought=$40000/$250=160 shares
Interest on amount borrowed=8%*$20000=$1600
When the price falls by 7% the new price =$250(1-0.07)=$232.50
Hence rate of return=(New price*number of shares-Interest-total investment)/initial investor's funds
=($232.50*160-$40000-$1600)/$20000=-22%
Initial margin=investor's money/total investment=$20000/$40000=50%
maintenance margin=30%
Margin call price=Current price x (1- initial margin)/ (1- maintenance margin)
=$250*(1-0.5)/(1-0.3)
=$178.57
Cds are time deposits that you can close before the term ends but might pay early penalty for withdrawing early. Cds vary with the financial institution. I would say a savings account
