Answer:
The average operating cost is $0.46 per mile
In deciding whether to to her use her own car or rent a car the costs are analysed below:
Variable operating cost is a relevant cost
Depreciation is not relevant as it is already cost and also it is sunk cost
insurance is not relevant as well
automobile tax and license is not relevant as it would be paid regardless of the option chosen
Explanation:
The average cost comprises of the variable operating cost per mile as well as the fixed operating cost per mile
variable operating cost per mile is $0.06
fixed cost operating cost=fixed costs/total miles driven=($3,350+$1,700+$900+$450)/16000=$6400
/16000=$0.40
average cost per mile=$0.06+$0.40=$0.46
B. To raise money to a grow a company.
Stock is equity in a company that is used to help fund the expenses of a company, particularly when they are looking to grow beyond their current revenue sources. It is most useful when a company anticipates growing its revenues or decreasing its expenses through using this new capital in order to deliver a positive return for its equity investors who hold the stock certificates.
Answer:
No
Amos McCoy is earning an economic loss. His implicit cost ($200) is greater than his accounting profit ($100)
Explanation:
Economic profit it accounting profit less implicit cost.
Accounting profit is total revenue less total cost or explicit cost.
Implicit costs are opportunity costs.
Economic profit = $100 - $200 = $-100
Amos McCoy Is making an economic loss of $-100
I hope my answer helps you.
Answer: option E -Corporation
Explanation:
Corporation is the most effective form of business organization for raising capital
