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3 years ago

8

John and Jane both love chocolate and beer. John prefers a can beer to a box of chocolate. Jane prefers a box of chocolate to a

can of beer. If a beer is graphed on vertical axis, how Jane and John's indifferences curves are different?
5-10 Sentences

1 answer:

kap26 [50]3 years ago

3 0

John wants something from Jane but he will not give it.

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The following information has been obtained from the Massena Corporation: 100,000 shares of common stock were outstanding on Jan

aivan3 [116]

Answer:

247,500

Explanation:

The calculation showing the weighted average number of shares to be used in the calculation of the of the basic earning per share for 2018 is shown below:

= $[(100,000 * \frac{12}{12}) + (30,000 * \frac{10}{12})] * 2 Stock splits - 10,000 * \frac{3}{12}$

$= 250,000 - 2,500\\= 247,500$

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3 years ago

For a nail salon, the costs associated with the purchase of nail polish and other products like polish remover and disposable fl

ira [324]

Answer: Variable cost; should be considered

Explanation:

For a nail salon, the costs associated with the purchase of nail polish and other products like polish remover and disposable flip flops are examples of variable costs. These should be considered when building a MCS.

Variable costs are the costs that varies with production. They are the opposite of fixed costs which are fixed. The nail polish and other products like polish remover and disposable flip flops are variable costs because the amount that'll be bought depends on the available customers and therefore isn't fixed.

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3 years ago

Tunnel Incorporated provided the following information regarding its single product: Direct materials used $ 250 comma 000 Dire

Paha777 [63]

Answer:

increase of $283,058

Explanation:

Consider the incremental Costs and Revenues arising from accepting a special order.

The company has excess capacity therefore, the current fixed overheads would be irrelevant (will have been incurred whether or not the special order is accepted. Also fixed expenses are irrelevant since regular sales will not be affected by this special order.

Sales (9,500× 52) 494,000

Direct materials (250,000/43,000×9,500) (55,233)

Direct labor (470,000/43,000×9,500) (103,837)

Variable manufacturing overhead (120,000/43,000×9,500) (26,512)

Variable selling and administrative (65,000/43,000×9,500) (14,360)

Additional fixed manufacturing overhead costs (11,000)

Net Income 283,058

Therefore an increase of $283,058 would be expected from accepting a special order.

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3 years ago

If a policyowner unintentionally pays premiums in excess of the MEC guidelines, the excess premium can be refunded by the insure

dangina [55]

Answer:

End of the contract year.

Explanation:

Calendar year deductibles (and refunds) operate on a regular calendar year basis, starting on January 1st and ending on December 31st. Generally refunds should be made during January and February of the next year.

If the policy works on a plan year basis, both the deductibles and the refunds will be based on the renewal date of the policy, and not the calendar year basis.

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4 years ago

Determining PB Ratio for Companies with Different Returns Assume that the present value of expected ROPI follows a perpetuity wi

-Dominant- [34]

Answer:

Pb R atio:

For company A = 2.375

For company B = 1.5

Explanation:

As per the data given in the question,

ROPI = NDA (RNOA - WACC)

For Company A 100 × (21%-10%)

For Company B 100 × (14%-10%)

Present value of ROPI = (ROPI ÷ (1+WACC)) ÷ [1-(1+g) ÷ (1+WACC)]

For Company A = (11 ÷ (1+0.10)) ÷ [1-(1+0.02) ÷ (1+0.10)]

= $137.50

For Company B = (4 ÷ (1+0.10)) ÷ [1-(1+0.02) ÷ (1+0.10)]

= $50

Market value of equity = NOA + present value of ROPI

= $100 + 137.50 = $237.50(Company A)

= $100 + $50 = $150(Company B)

Pb Ratio = Market value of equity ÷ Book value of equity

For company A = $237.50÷100 = 2.375

For company B = $150÷100 = 1.5

4 0

3 years ago