Commercial paper should be sold on a discount
The financial institution is responsible for collecting the
money owed, not the business. the financial institution pays the business immediately
and then collects the money owed for the sale from the customer.
Hope this helps. c:
Answer:
Pirate Recording Company Inc.
The firm's stock would most likely be classified as a(n):
growth stock.
Explanation:
Since Pirate Recording Company's stock is expected to grow rapidly more than the market average, it is regarded as a growth stock. Stockholders expect to make more capital gains by selling the stocks in the future than from collecting dividends. As Pirate Recording is in an expansion mood, with new capital injections of $150 million, it will be retaining its earnings to pursue its growth potential, thus, further exciting potential stockholders.
Answer:
A. Average total cost is minimized
Explanation:
Economies of scale refers to the cost advantages a firm enjoys when production becomes efficient. Economies of scale can be achieved by increasing production and and lowering cost of production.This is because cost are spread over a larger number of goods, thereby, making per unit cost cheaper.
There are two types of cost
1. Fixed cost: They are cost that doesn't change during the production process. Such as buildings, furnitures and fittings, machineries.
2. Variable cost: They are cost that changes with production process such as cost of raw materials.
When a firm is experiencing economies of scale, long-run, average total cost is minimized.
Answer:
The correct answer is (a)
Explanation:
Indirect cost is a cost that is related to transforming the product from raw to finished good. Plant manager, maintenance manager and janitorial personnel all help in the process of transforming a good that is why they are the example of indirect labour cost. Machine operators are not an example of indirect cost as it is a specific duty and not a job which requires doing different duties it is a direct cost