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devlian [24]
3 years ago
13

The following data relate to a company that produces and sells a travel guide that is updated monthly: Each book sells for $20.0

0. The company sold 8,000 books in June and 10,000 books in July. The unit contribution margin per book is:
Business
1 answer:
Arturiano [62]3 years ago
7 0

Answer:

10.30

Explanation:

20

8000

160 000 June

10000

200 000 July

20 - 3.20 -4 - .50 -2 = 10.30

costs:Printing and binding...............................$3.20 per copyBookstore discounts................................$4.00 per copySalespersons’ commissions....................$0.50 per copyAuthor’s royalties...................................$2.00

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A firm has a marginal cost of $20 and charges a price of $40. The Lerner index for this firm is:________.
zhuklara [117]

Answer:

The correct answer is:

0.50 (B)

Explanation:

The Lerner index is used by monopolists to measure market/monopolist power, and it is defined as the percent markup of price over marginal cost.

It is given by the formula:

L = \frac{P - MC}{P}\\where:\\L = Lerner\ index\\P = price = \$40\\MC = marginal\ cost = \$20\\\\L = \frac{40\ -\ 20}{40} \\L = \frac{20}{40}\\ L = 0.5

Note: in a perfectly competitive market, L = 0, which makes Price = Marginal cost in the equation above. But in a competitive market, it is always the case that L ≥ 0

7 0
3 years ago
A leveraged buyout (LBO) Multiple Choice is based on an expectation that the new private owners will not restructure the company
pochemuha

Answer:

Changes the ownership structure of a company from public to private.

Explanation:

A leveraged buyout (LBO) is the acquisition of another company using a significant amount of borrowed money to meet the cost of acquisition. The assets of the company being acquired are often used as collateral for the loans, along with the assets of the acquiring company.

It is known to change the ownership structure of a company from public to private.

This is because it isn't usually sanctioned by the target company. It is also seen as ironic in that a company's success, in terms of assets on the balance sheet, can be used against it as collateral by a hostile company.

3 0
3 years ago
Hester's manufacturing software company is doing better than it ever has and just a year ago it was floundering. Prior to a year
nydimaria [60]

Permanent team structure was Hester now a part of under the new ownership.

Explanation:

Team structure relates to the makeup of a single team or a multi-team program. The organisation of teams is an important component of teamwork. The successful collaboration, teamwork, behavioural management and collective aid are the product of a correctly organised patient care team.

Permanent teams are workplace units structured like a formal organisation. The team brings together staff from all fields of work, such as the components supply and logistics for an automotive plant, concentrated on a particular task or project.

3 0
4 years ago
The next dividend payment by Hoffman, Inc., will be $2.65 per share. The dividends are anticipated to maintain a growth rate of
IrinaK [193]

Answer:

jvةنىعي تىهاخو٦ى ةلهةق ظىنلر تىلاىلا يعنب ان هناك الكثير

4 0
3 years ago
A company borrowed cash from the bank and signed a 6-year note at 7% annual interest. The present value for an annuity (series o
nikklg [1K]

Answer:

Explanation:

Present value of note = Annual payment x present value annuity factor

Annual payment = 8,400

PVAF = 4,7665

= $ 8,400 x 4.7665

= $ 40,038.60

So, the present value of note is $ 40,038.60

5 0
3 years ago
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