18.25%
0.05% x 365 (days in a year)
Answer:
The correct answer is option b. average total costs are falling.
Explanation:
When marginal cost is below average total cost, average total cost will be falling whereas the average cost will be rising when the marginal cost is above average total cost.
A firm is highly productive and efficient when the average total cost is the lowest. At this point, the average total cost is also equal to the marginal cost i.e.
Average Total Cost (ATC) = Marginal Cost (MC).
the rate expected on the treasury bill is 8.57%. enter answer as a percent rounded to 2 decimal places.
The real rate is 2.1 percent
The inflation rate is 3.4 percent
To find the rate which is to be expected on a treasury bill we have to apply fisher's equation
1+R= (1+r)(1+h)
Therefore, the rate on the treasury bill can be calculated as follows
1+R= (1+r)(1+h)
r= 3.4%
= 3.4/100
= 0.034
h= 5%
= 5/100
= 0.05
R= (1+r)(1+h)-1
= (1+0.034)(1+0.05)-1
= (1.034×1.05)-1
= 1.0857-1
= 0.0857×100
= 8.57%
A Treasury invoice (T-invoice) is a brief-term debt obligation backed via the U.S. Treasury Department with an adulthood of one year or less. Treasury bills are generally bought in denominations of $1,000 even as a few can attain a denomination of $five million.
let's say an investor purchases a par price of $1,000 T-bill with an aggressive bid of $950. whilst the T-invoice matures, the investor is paid $1,000, thereby income $50 in interest on the funding.
U.S. Treasury bills are auctioned on a regular schedule. individuals should purchase T-payments from the government using the TreasuryDirect internet site. it is free to register, and it'll function like a brokerage account that holds your bonds. in addition to bidding on new troubles, You also can install reinvestments into securities of an equal type and time period. as instance, you can use the proceeds from a maturing fifty-two-week invoice to shopping for some other fifty-two-week invoice. sure brokerage corporations can also permit buying and selling in U.S. Treasuries.
To learn more about treasury bills visit here:
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Solution :
a).
Estimated overhead 1,250,000
Divide by the estimated machine hours 50,000
Predetermined overhead rate 25
Actual machine hours 54,300
Multiply by predetermined overhead rate 25
The factory overhead amount applied $ 1,357,500
b).
Actual factory overhead 1,348,800
Less : factory overhead amount applied 1,357,500
The underapplied amount is $ 8700
Answer:please refer to the explanation section
Explanation:
The Question is incomplete. the question requires us to calculate minimum number of customers required to cover costs of promotions, to calculate the minimum number of customers required we need a price per customer. let us assume the price $6
Variable costs = $3.75
Fixed costs = $18000
Minimum Customers Required = Fixed costs/(Price - Variable cost)
Minimum Customers Required = 18000/6 - 3.75 = 8000
8000 customers are required
