Answer:
$13
Explanation:
total consumer surplus = ($10 - $6) + ($7 - $6) = $4 + $1 = $5
total supplier surplus = ($6 - $2) x 2 units = $4 x 2 = $8
total surplus in the market = consumer surplus + supplier surplus = $5 + $8 = $13
Since the price is higher than Chuck's willingness to pay, no transaction will occur resulting in 0 surplus.
Answer:
The earnings per share for 2019 is $1.78
Explanation:
The computation of the earning per share is shown below:
Earning per share = (Net income) ÷ (weighted number of outstanding shares)
where,
Net income = $330,000
Weighted number of outstanding shares = (Beginning balance of common stock + ending balance of common stock) ÷ 2
= (160,000 shares + 210,000 shares) ÷ 2
= 185,000 shares
Now put these values to the above formula
So, the value would equal to
= $330,000 ÷ 185,000 shares
= $1.78 per share
Answer:
Sumner's has a loss of $-7750 from the sale of the equipment
Explanation:
Solution
Given that:
We compute the amount of profit and loss, few steps will be taken which is given below:
Step 1: we compute the book value of the equipment which is shown below:
Book value = purchase price - depreciation claimed
= $79,100 -$39,550
= $39550
Therefore then book value is $39,550
Step 2: we calculate the amount of Sumner's gain or loss which is shown below:
The gain (loss) is = the value (sale) - book value
= $31,800 - 39550
= -7750
Therefore the loss from the sale of the equipment is -$7750
Which implies that Sumner's has a loss of $-7750
Answer:
WACC = 7.48%
Explanation:
We can calculate the Firm's WACC by using Excel.
Let's assume this is our Excel Blank Sheet.
A B C D
1 Particulars Rate Weight Weighted rate
2 Debt = 7.75%(1 - 40%) 0.45 =B2×C2
= 4.65%
3 Equity = (0.65/(19 × (1 - 10%)))+6%
= 9.80% 0.55 = B3×C3
4 WACC =SUM(D2:D3)
<h3>
Output:</h3>
A B C D
1 Particulars Rate Weight Weighted rate
2 Debt = 4.65% 45% 2.09%
3 Equity = 9.80% 55% 5.39%
4 WACC 7.48%
Answer:
The correct answer is "knowing what you spend B
Explanation:
By using cash intead of credit card to purchase is way easier to know how much you spend. This is simple to see, in the literally meaning, because when you use cash you actually have it in your hands and know before hand the amount of what is left after spending. Instead, while using credit card, you just swipe it and you buy whatever, what makes easy to lose the track of how much do you spend.
