A(n) increase in a firm's scale of production leads to lower average total cost when there are economies of scale.
Answer:
From the attached excel file, we have:
a. Ending Cash Balance:
October = $30,000
November = $30,000
December = $34,546
b. Loan Balance End of Month:
October = $20,100
November = $15,301
December = $0
Explanation:
Note: See the attached excel file for the cash budget for October, November, and December.
In the attached excel file, the following calculations are made:
October additional loan = Minimum required cash balance - October Preliminary cash balance = $30,000 - $19,900 = $10,100
November Loan Repayment = November Preliminary cash balance - Minimum required cash balance = $34,799 = $30,000 = $4,799
Answer: B
Explanation:
With the options given, Johnny can only perform worse if he performs worse than his cumulative GPA and also if he performed less than he ever performed before. The last option about Johnny's performing worse than last semester might not necessarily have an effect on his GPA. A cumulative GPA is the total GPA Johnny has gotten since he started school. The last semester might be one of his best semesters and probably had a good result so getting a result slightly lower than his last semester might not necessarily mean there will be a reduction in his cumulative GPA. So option B is correct.
Answer: D - Budget Estimate Submission (BES)
Explanation: Budget Estimate Submission (BES) is a proposal prepared for all available resources including funding, force structure and personnel strength over a five year period. The proposal is then submitted to the office of the secretary of defense for the inclusion in the department of defense Budget.
After which a Budget review is conducted by the Secretary of Defense with OMB participation, to review department/agency estimates of program costs. This budget takes care of:
1) Program Pricing
2) Program Executability
