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shtirl [24]
3 years ago
6

The following information is available for a company's utility cost for operating its machines over the last four months. Month

Machine hours Utility cost January 940 $ 5,490 February 1,840 $ 6,980 March 2,480 $ 8,100 April 640 $ 3,900 Using the high-low method, the estimated variable cost per machine hour for utilities is:
Business
1 answer:
andreev551 [17]3 years ago
3 0

Answer:

Variable cost per unit= $2.28

Explanation:

Giving the following information:

January 940 $ 5,490

February 1,840 $ 6,980

March 2,480 $ 8,100

April 640 $ 3,900

<u>To calculate the variable cost per machine hour under the high-low method, we need to use the following formula:</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (8,100 - 3,900) / (2,480 - 640)

Variable cost per unit= $2.28

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Answer:

savings

Explanation:

Because as an entrepreneur u need to save for the business you are doing

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3 years ago
Which of the following could be a synonym for the world 'externality'?
abruzzese [7]
Answer: option C. side-effect

Externality is an economic term, used to refer the damage or benefit that an individual or community experience, due to the activity of other agents who are pursuing other objective.

For example, when a enterprise burns fuel to produce energy, the increase of CO2 is an externality.
5 0
3 years ago
A7X Corp. just paid a dividend of $2.50 per share. The dividends are expected to grow at 17 percent for the next eight years and
babunello [35]

Answer:

Price of the stock today = $82.35

Explanation:

Note: See the attached file for the calculation of present values for year 1 to 8 dividends.

From the attached excel file, we have:

Previous year dividend in year 1 = Dividend just paid = $2.50

Total of dividends from year 1 to year 8 = $23.46345631521910

Year 8 dividend = 8.77863318950395

Therefore, we have:

Year 9 dividend = Year 8 dividend * (100% + Dividend growth rate in year 9) = 8.77863318950395 * (100% + 7%) = 9.39313751276923

Price at year 8 = Year 9 dividend / (Rate of return - Perpetual dividend growth rate) = 9.39313751276923 / (13% - 7%) = $156.552291879487

PV of price at year 8 = Price at year 8 / (100% + Required return)^Number of years = $156.552291879487 / (100% + 13%)^8 = $58.88868846568915

Price of the stock today = Total of dividends from year 1 to year 8 + PV of price at year 8 = $23.46345631521910 + $58.88868846568915 = $82.35

Download xlsx
5 0
3 years ago
Successful business strategies generate value. Creating value lays the foundation for the important benefits that economies can
olya-2409 [2.1K]

The main thing which superior performance allows a firm to do is:

  • reinvest some of its profits in gaining more resources and thus grow.

<h3>What is Business Strategy?</h3>

This refers to the creation and maintenance of competitive advantage of a particular market against other competitors which gives a particular business an edge in the market.

With this n mind, we are told that successful business strategies generate value and then if they are able to leverage on this, then they can reinvest the profits.

Read more about business strategies here:
brainly.com/question/25686320

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2 years ago
Gathering testimonials when preparing for a sales presentation can be helpful in overcoming customer
Alex787 [66]

Answer:

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