True. Fixed cost per unit is inversely proportional to the volume of units produced.
Fixed costs per unit are inversely proportional to the volume produced because depending on the amount of units made, the amount spent on fixed costs is then based. Because they are related to one another, this statement is true.
Answer:
0.05386 or 5.39%
Explanation:
Market Value of debt:
= 102% × $250,000
= 2,55,000
Market value of Preferred stock:
= 2,000 shares × $38
= 76,000
Market value of common stock:
= 45,000 shares × $24
= 10,80,000
Total Enterprise Value:
= Market Value of debt + Market value of Preferred stock + Market value of common stock
= 2,55,000 + 76,000 + 10,80,000
= 14,11,000
Weight of Preferred stock = Market value of Preferred stock ÷ Total Enterprise Value
= 76,000 ÷ 14,11,000
= 0.05386 or 5.39%
Answer: is a seller that has the ability to control to some degree the price of the product it sells.
Explanation:
A price maker is a firm with the ability to influence the market price of its goods or services.
Features of a price makers
1. They are usually monopolies
2. They have a downward-sloping demand curve
3 The goods they produce do not have perfect substitutes,
Answer:
B) risen 25 percent.
Explanation:
The inflation rate is the rate at which overall prices are increasing in the economy in a period. It is expressed as a CPI value.
Given CPI for different periods, inflation can be calculated using the formula below.
Inflation =<u> new CPI - old CPI</u> x 100
old CPI
In the case
The inflation rate will be <u>150- 120</u> x 100
120
=30/120 x 100
=25%
Answer:
$62,800
Explanation:
Following Garfield Corp's policy, the number of pet beds that must be purchased, assuming no initial inventory, is given by the expected number of sales in March (1,300 units) added to 30% of the expected sales in April (30% of 900 units):
Since the company purchases each pet bed for $40, total budgeted purchases are:
Garfield Corp's total budgeted purchases for March are $62,800.
