Answer:
B: Arthur supervises a small department of Administrative workers
D: Whitney oversees others, makes decisions, and runs a company
Explanation:
Edge 2020
8.42%
Using your financial calculator, input the initial cost of $142,000 as a cash outflow (negative), and each of the four cash inflows (positive) as $41,650 for each of the first 3 years and $49,000 in the fourth year. Then hit the IRR button on your financial calculator to compute the internal rate of return (IRR), as 8.4167, rounded to 8.42%.
Answer:
Part1:
A. Birth rates in the United States decline: diapers
- demand decreases, demand curve shifts to the left
B. The government provides subsidies to ethanol producers: ethanol
- supply increases, supply curve shifts to the right
C. Starbucks coffee drinkers suffer due to a small coffee harvest: Starbucks coffee
- supply decreases, supply curve shifts to the left
D. Consumer incomes decrease: public transportation
- demand decreases, demand curve shifts to the left
Part2:
A. The price of beer increases: Solo cups
- demand decreases, quantity demanded will lower following the demand curve
B. Henry Ford develops assembly-line production: automobiles
- supply increases, supply curve shifts to the right
C. Natural gas producers are making large economic losses: natural gas
- supply decreases, supply curve shifts to the left
D. The price of PlayStation increases: Xbox
- demand for Xbox decreases, quantity demanded will lower following the demand curve
its Criminal liability.
because, as seller of alcohol, you may face criminal laws if you break any law:
-Serving alcohol to a minor
-Serving a guest who is or appears to be intoxicated
-Possessing, selling, or allowing the sale of drug on the premises
Consequences include:
-Probation
-Fined
-Jailed
Answer:
variable cost per bushel = $0.18848
total fixed costs = $6,652
Explanation:
we can use the high-low method of accounting to determine the variable and fixed costs:
- highest activity cost = $25,500
- highest activity level = 100,000 bushels
- lowest activity cost = $7,500 (*doesn't make sense to use $75,000)
- lowest activity level = 4,500
variable cost per unit = (highest activity cost - lowest activity cost) / (highest activity units - lowest activity units)
variable cost per unit = ($25,500 - $7,500) / (100,000 - 4,500) = $18,000 / 95,500 bushels = $0.18848 per bushel, since the quantities are large, we cannot round up
fixed costs = highest activity cost - (variable cost x highest activity units)
fixed costs = $25,500 - ($0.18848 x 100,000) = $6,652
