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3 years ago

The following data apply to Elizabeth's Electrical Equipment:

Business

1 answer:

Romashka [77]3 years ago

7 0

Answer:

$50

Explanation:

Calculation to determine the intrinsic per share stock price be immediately after the repurchase

First step

Total Assets=Value of operations of 20,000+ Short term investments of 1000

Total Assets=$21,000

Second step

Equity =Assets - Debt

Equity= $21,000-$6,000

Equity= $15,000

Now let determine the intrinsic per share stock price

Intrinsic per share stock price=$15,000/300

Intrinsic per share stock price=$50

Therefore the Intrinsic value per share will be $50 immediately after the repurchase has occured.

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Your opportunity cost of cutting hair at your barbershop is $20 per hour. Electricity costs $6 per hour, and your weekly rent is

Brilliant_brown [7]

Answer:

B) $26

Explanation:

Marginal Cost Formula:

Marginal Cost = Change in total cost / Change in quantity

Marginal Cost = (2070-1888) / 10-9

Marginal Cost = 182/1

Marginal Cost = $182

Marginal Cost = 182/70 = $26/hour

Working:

9 hours a day

Number of Hours worked during week = 9x7 = 63 hours

Total Cost = ((20+6)x63)+250 = $1,888

10 hours a day

Number of Hours worked during week = 10x7 = 70 hours

Total Cost = ((20+6)x70)+250 = $2,070

3 0

3 years ago

Sharp Screen Films, Inc., is developing its annual financial statements at December 31, the current year. The statements are com

elena-s [515]

Answer:

Detailed step-wise solution in tabular form is given below:

4 0

3 years ago

nnual salary allowance to Jack of $169,680. Interest of 7% on each partner's capital balance on January 1. Any remaining net inc

Katarina [22]

Answer:

$216,570; $89,430

Explanation:

Jack:

Interest amount = 7% × $96,000

= $6,720

Bernard:

Interest amount = 7% × $87,000

= $6,090

Overall profit = Net income - salary - interest amount

= $303,000 - $169,680 - ( $6,720 + $6,090)

= $303,000 - $169,680 - $12,810

= $120,510

Profit is divided in a 1:2 ratio among Jack and Bernard:

Jack's profit = $120,510 × (1/3)

= $40,170

Bernard's profit = $120,510 × (2/3)

= $80,340

Net income should be distributed to Jack:

= salary + Interest + profit

= $169,680 + $6,720 + $40,170

= $216,570

Net income should be distributed to Bernard:

= Interest + profit

= $6,090 +$80,340

= $89,430

7 0

3 years ago

What is business ?please explain about it

alexdok [17]

Answer: business can be defined as an organization dedicated to do commercial and professional activities.

Explanation:

The word business can also be defined as the activities and efforts that a person makes in order to produce money. To do this, the person creates products or sells services to obtain a reward.

Currently, many people are taking the line of entrepreneurship, where they put their own businesses and become their bosses. They themselves develop their model of how they are going to distribute and market the products or services they have so that they reach the population.

The business is something that comes from ancient times. Barter was a way of doing business since if a person was interested in something that another had, they proceeded to make an exchange.

6 0

3 years ago

Cash and Carry is a store that carries food, clothing, and household goods at lower price margins than other nearby stores. Ther

bagirrra123 [75]

Answer: Discount store

Explanation: As the name suggests, discount store is the store in which the prices of general products are lower than other retail shops.

These stores makes it possible to provide such discounts by purchasing in bulk from the intermediary, or direct purchase from the producer or by cutting the cost of other services provided.

So, from the above we can conclude that cash and carry is a discount store.

7 0

3 years ago