Answer:
Marginal Product is 2
Explanation:
Marginal Product (MP) is defined as the ration of change in quantity of output produced to the change in quantity of input raw material
Change in quantity of input raw material 
Change in quantity of output of products = 13 - 9 = 4
Marginal Product (MP) 
Marginal Product is 2
Answer:
Macy is liable. The Federal Trade Commission states that both the credit rating agency and Macy's are responsible for correcting the erroneous credit report. It is very hard to sue and win a credit rating agency because they will place the blame on the company that made the initial mistake (Macy's), but lately courts have accepted cases against the companies that cause all this mess.
Courts have lately ruled in favor people alleging that a bad credit report damaged them since a good credit rating is considered an intangible asset. The company that cause the mistakes are liable for any possible damages resulting from a poor credit rating.
Answer:
The accounts receivable balance at the beginning of the third quarter is $3,550
Explanation:
For computing the account receivable balance, first, we have to compute the credit sale per day, and then multiply with the number of days
In mathematically,
Credit sale per day = (Estimated second Quarter Sales) ÷ (accounts receivable period up to second quarter)
= $7,100 ÷ 90 days
= 78.89
Now the account receivable balance equals to
= Credit sales per day × accounts receivable period
= 78.89 days × 45 days
= $3550
Since the question is asking about the beginning of the third quarter so we considered second quarter sales
Answer:
<u>Details April May June </u>
Unit to be produced 576 630 608
Explanation:
The production budget For April, May, and June can be prepared as follows:
Ruiz Co.
Production Budget
For April, May, and June
<u>Details April May June </u>
Next month's budgeted sales (A) 640 590 680
Ratio of inventory to future sales (B) 20% 20% 20%
Budgeted ending inventory (C = A * B) 128 118 136
Budgeted unit sales for month (D) 560 640 590
Req'd units of avail. production (E = C + D) 688 758 726
Budgeted beginning inventory (F) 112 128 118
Unit to be produced (G = E - F) 576 630 608
It should be noted that the banker that would be visited to raise large amounts of capital is an investment banker.
<h3>Who is an investment banker?</h3>
It can be noted that an investment banker simply means a person that is involved in helping to raise capital for large corporations.
In this case, the banker that a software company most likely visit for help to raise large amounts of capital to acquire, or buy out another company is an investment banker.
Learn more on investment banking on:
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