Answer:
EBITDA = $2,685
Explanation:
EBITDA is the acronym for Earnings before interest taxes depreciation and amortization .
<em>EBITDA is a common financial metric which is used to measure the a company's profitability unlike other profitability it is very useful to gauge how much cashflow a company's has. It is the profit earned by a firm before deducting non-cash items and other obligations. It quantifies how much cash is available to settle interest on debt obligations and taxes.</em>
It is computed ad follows:
EBITDA = operating income + depreciation an amortization
= $1,995 + $690= $2,685
EBITDA = $2,685
Answer:
The correct answer is: an increase; fall; substitutes; decrease; complements; increase.
Explanation:
Technological improvement has lowered the cost of producing cell phone batteries. This reduction in the cost of production will cause the price of cell phone batteries to decline. Since batteries are used as inputs in the cell phone. The reduction in the price of inputs means that the cost of production would decrease. The firms will be able to supply more at the same cost. The supply, as a result, will increase. The supply curve will shift to the right. The price of cell phones will decline.
Cell phones and landlines are substitutes. They can be used in place of each other. A decrease in the price of cell phones would cause the demand for landlines to decrease as the consumers will prefer a cheaper substitute.
The cell phones and applications, however, are use complements. They are used together. So when the price of cell phones decrease and its demand increase, the demand for cell phone applications will increase as well.
Answer: Land, Labor and Capital
Explanation: What are factors of production? factors of production are resources a firm uses to produce goods and services. There are Four Major Factors of Production and they are:
1. Land
2. labor
3. Capital
4. Entrepreneur
Each of the above stated factors have a place in the production of goods and services that are the building blocks of any economy.
They are also divided into Primary and secondary factors:
Primary factors are: Land, Labour and Capital while the secondary factors are materials and energy.
<span>Harper & Kane use the fee system. A fee system is one of two billing methods used by advertising agencies. First there is the labor based fee system and then there is also the media commission system. The fee system happens when an agency bills for compensation for their work, the compensation is based on the number of hours worked on the project as well as the number of employees who were involved.</span>
Answer:
$360,000.
Explanation:
Given:
PBO 1/1/17 = $6,000,000
PBO 12/21/17 = $6,600,000
Discount rate = 6% = 6 / 100 = 0.06
Expected rate of return = 8% = 8 / 100 = 0.08
Interest cost component of pension expense = ?
Computation of Interest cost component of pension expense:
Interest will be payable on opening balance:
= PBO 1/1/17 x Discount rate
= $6,000,000 x 0.06
= $360,000.