Answer:
They can work to decrease their marginal cost.
They can raise prices to increase marginal revenue,
They can keep marginal costs below marginal revenues,
Explanation:
Marginal cost is the additional expense incurred by producing an extra unit. Marginal revenue is the extra profit realized by selling an additional product or service. To maximize profits, firms should stop selling and production activities when the marginal cost equal to marginal revenue. A profit-maximizing firm is profitable when marginal revenue is greater than or equal to marginal cost.
Profit is obtained by deducting expenses from revenue. To increase profits, a firm should put more effort into increasing revenues while minimizing costs. A profit-maximizing firm should, therefore, work hard to decrease marginal cost and improve its marginal revenue.
Answer: $687.10
Explanation:
The value of a bond is the present value of the bond's coupon payments plus the present value of the bond's par value at maturity.
First convert terms to semi-annual periods as the coupon rate is semi annual:
Coupon payment = (1,000 * 8.75%) / 2 = $43.75
Required return = 13% / 2 = 6.5%
Number of periods = 25 * 2 = 50 semi annual periods
The coupon payment is an annuity so the value of the bond is:
= Present value of annuity + Present value of par
= (43.75 * ( 1 - (1 + 6.5%) ⁻⁵⁰) / 6.5%) + 1,000 / ( 1 + 6.5%)⁵⁰
= $687.10
Answer:
Operating income= $2,800,000
Explanation:
Giving the following information:
Selling price= $250
Units to be sold= 28,000
Target operating income= 40% of sales
<u> First, we need to calculate the total sales:</u>
<u></u>
Total sales= 250*28,000
Total sales= $7,000,000
<u>Now, the target operating income:</u>
Operating income= 0.4*7,000,000
Operating income= $2,800,000
Successful characteristics of budgets include: well planned, realistic, spending habits, methods to keep track of spending and how to manage for variable expenses. To Make sure that the budget is successful and will work for you and your family, it is important to write everything out and see what is realistic and what is not. If you set a grocery budget of $400 a month and you know you can not stay under that, there needs to be wiggle room for changes to be made to the budget. Realistic and well planned budgets are the only way to make it work and to stay true to the budget.
Answer:
c.
6.1 percentage points.
Explanation:
Ratio shows proportion of a number to other number or sum of all the numbers. Percentage is a ratio which is expressed as fraction of 100.
Human Life Worth = $9 million = $9,000,000
Spending on Fighting initiative = $550,000
Take ratio of spending by the worth of human life
Ratio = Spending / Worth = $550,000 / $9,000,000 = 0.061 = 6.1%
It reduces the risk of someone dying from crime by at least 6.1%.
