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natka813 [3]
3 years ago
14

Bonita's Braidworks hires workers to braid hair. The store sells the service for $25 per customer. The marginal revenue product

of this store's fifth worker is $50. The marginal product of the fifth worker isA) 0.5 braided customers.B) 2 braided customers.C) 25 braided customers.D) indeterminate from this information.
Business
1 answer:
kenny6666 [7]3 years ago
4 0

Answer:

2 Braided Customers

Explanation:

Given:

Services Rate per customer = 25 $

Marginal Revenue Product = 50 $

Marginal Product = (Marginal Revenue Product / Service rate per customer)

Marginal Product = 50 / 25

Marginal Product = 2 Braided Customers

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ACME Confetti Corporation needs to finance $20 million for a plant expansion building project. They've decided to issue common s
Law Incorporation [45]

Answer:

Option (C) is correct.

Explanation:

The required proceeds:

= Amount need to be finance ÷ (1 - 7%)

= $20 million ÷ (1 - 0.07)

= $215,05,376.34 (approx)

Hence, the number of shares needed to be issued:

= required proceeds ÷ Issue price per share

= $215,05,376.34 ÷ $50 per share

= 430,108 shares (approx)

Therefore, 430,108 shares they need to issue to cover the cost of the project plus all floatation costs.

6 0
3 years ago
If the the United States imports $100 million of goods and exports $150 million, what does the United States have?
Alik [6]
B) A trade surplus.
8 0
3 years ago
Read 2 more answers
Beck Corp. issued 200,000 shares of common stock when it began operations in year 1 and issued an additional 100,000 shares in y
Airida [17]

Answer:

225,000 shares

Explanation:

A company's shares outstanding refers to the total number of shares investors currently own.

Beck Corp. issued 200,000 shares of common stock when it began operations in year 1 and issued an additional 100,000 shares in year 2.

In year 3, Beck purchased 75,000 shares of its common stock and held it in Treasury.

At December 31, year 3, the number of shares of Beck's common stock were outstanding is

200,000 shares in year 1

100,000 shares in year 2

Total Common Stock = 300,000

less: Treasury Stock of    75,000

Outstanding Stock = 225,000 shares

5 0
3 years ago
Teal Company sells televisions at an average price of $814 and also offers to each customer a separate 3-year warranty contract
ki77a [65]

Answer:

A.

Dr Cash 266,178

Cr Sales Revenue 243,741

Cr Unearned Warranty Revenue 22,437

b)Current Liabilities:Unearned Warranty Revenue 90,579

Long-term liabilities:Unearned Warranty Revenue 181,158

Explanation:

Teal Company

A.

Dr Cash (814*327) 266,178

Cr Sales Revenue 243,741

Cr Unearned Warranty Revenue (277*81) 22,437

b)Current Liabilities:Unearned Warranty Revenue 90,579

(327×277)

Long-term liabilities:Unearned Warranty Revenue 181,158

(90,579×2)

4 0
3 years ago
Some goods can be produced at low cost only if they are produced in large quantities. this phenomenon is called
I am Lyosha [343]
I believe your answer is:

economies of scale
3 0
3 years ago
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