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Kryger [21]
3 years ago
6

When total revenues fall below total costs, production should end. However, if marginal revenue exceeds variable cost, productio

n should continue in the short run to help defray fixed costs.
a. True
b. False
Business
1 answer:
const2013 [10]3 years ago
8 0

Answer:

False

Explanation:

A firm should end production and shut down only when its total revenue falls below variable costs, because at this point, production will bring about more losses, compared to if the company isn't producing at all.

<u>If total revenue exceeds and can cover its variable cost, a firm should remain in operation in the short run</u> (even if it is incurring losses), as this contributes to paying off the firm's fixed costs.

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One of the most important features of a filing and record keeping system is that it works for you and meets your needs true or f
MA_775_DIABLO [31]

Answer:

True

Explanation:

In record keeping using the filling method, it is done in-order to keep track of all the important documents and information regarding to the company. <em>This record keeping system could employ the manual method or writing with hand or the electronic method of storing such information using the computer or other electronic device.</em>

7 0
3 years ago
Brandon's wallet slips from his jacket pocket in the mall. By the time he realizes his wallet is missing and reports the loss, a
VikaD [51]

Answer:

$950

Explanation:

Since the total amount of items purchased by the thief is $950, then Brandon has to pay back the amount deducted from his card.

4 0
3 years ago
Given the following information: Percent of capital structure: Preferred stock 10 % Common equity (retained earnings) 40 Debt 50
sasho [114]

Answer: 8.23%

Explanation:

Firstly, we will calculate the cost of debt which will be:

= Yield (1-Tax rate)

= 9% × (1-0.34)

= 9% × 0.66

= 5.94%

Then, the Cmcost of preferred stock will be:

= 7/(104-9.40)

= 7/(94.6)

= 7.39%

We will also get the value of the cost of equity which will be:

= (Dividend expected common/Price common) + growth rate

= (2.50/76) + 8%

= 3.29% + 8%

= 11.29%

For Debt:

Cost after tax: 5.94

Weight = 50%

Weighted cost = 5.94 × 50% = 2.97

For Preferred stock:

Cost after tax: 7.39

Weight = 1%

Weighted cost = 7.39 × 10% = 0.74

For Common equity

Cost after tax: 11.29

Weight = 40%

Weighted cost = 11.29 × 40% = 4.52

Weighted average cost of capital = 2.97 + 0.74 + 4.52 = 8.23%

8 0
2 years ago
The function y= -6(x - 5)2 + 12 shows the daily profit (in hundreds of
tino4ka555 [31]

Answer:

D. Interpretation: The zeros are where the daily profit is $0.00

zeros: x = 3.586 and x = 6.414

Explanation:

We have been given the following daily profit function;

y=-6(x-5)^{2}+12

where y is the profit (in hundreds of  dollars) of a taco food truck

and x the price of a taco (in dollars)

The zeros of this profit function can be obtained by solving for x in the following equation;

0=-6(x-5)^{2}+12

These will simply be the x-intercepts of the profit function. That is the points where the profit function crosses or intersects the x-axis.

Therefore, an interpretation of the zeros of this function would be;

The zeros are where the daily profit is $0.00

These zeros can be evaluated graphically. We first obtain the graph of the profit function as shown in the attachment below;

We then determine the x values where the graph crosses the x-axis. These values will represent the zeros of our profit function. From the graph, these points are;

x = 3.586 and x = 6.414

8 0
3 years ago
Read 2 more answers
Marcos wants to buy Lucia's land, but she refuses to sell. Marcos begins using subpoenas, court orders, and other formal legal p
Xelga [282]

<u>Full question:</u>

Marcos wants to buy Lucia’s land, but she refuses to sell. Marcos begins using subpoenas, court orders, and other formal legal procedures in an unrelenting effort to force Lucia to sell. This is

abuse of process.

not a tort.

appropriation.

wrongful interference with a contractual relationship.

<u>Answer:</u>

This is   abuse of process

<u>Explanation:</u>

Abuse of process assigns to the inappropriate handling of a civil or criminal justice system for an unintended, wicked, or malicious reason. It is the hateful and intentional abuse of frequently published civil or criminal court means that is not supported by the underlying legal action.

Abuse of process covers prosecution claims in defective faith that is expected to hold the commitment of justice. Abuse of process is a deliberate tort. Abuse of process comprises the complete range of modes conflict to the prosecution process such as hearing proceedings, the noticing of allegations and the issuing of subpoenas.

4 0
3 years ago
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