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Anon25 [30]
3 years ago
11

A small firm builds television antennas. The investment in plan and equipment is $200,000. The variable cost per television ante

nna is $500. The price of the television antenna is $1000. How many television antennas would be needed for the firm to break even
Business
1 answer:
sergeinik [125]3 years ago
8 0

Answer:

Break-even quantity is 400 units.

Explanation:

Below is the calculation for the number of television antennas:

At break-even, the firm's total revenue is equal to the total cost.

Cost of investment (fixed cost) = $200000

Variable cost = $500

Pirce of television antenna = $1000

At break-even, TR = TC

(P x Q) = (TFC + TVC)

1000Q = 200000 + 500Q

10000Q-500Q = 200000

500Q = 200000

Q = 200000 / 500

Q = 400 units

Thus break-even quantity is 400 units.

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On the first day of the fiscal year, a company issues an $882,000, 8%, five-year bond that pays semiannual interest of $35,280 (
olga_2 [115]

Answer and Explanation:

The journal entry is shown below:

Interest Expenses $ 40,570

            To Discount on bonds payable {($882,000 - $829,100) ÷ 10 years} $5,290

             To Cash  $35,280

(Being the interest expense is recorded)

For recording this we debited the interest expense as it increased the expenses and credited the discount on note payable and cash as it decreased the assets so cash is credited

4 0
3 years ago
Your employees are skilled and experienced customer service representatives who perform non-routine tasks, such as solving uniqu
Anvisha [2.4K]

Explanation:

The path-goal theory is based on adjusting the leadership style to the needs of employees and the work environment, in order to achieve goals.

In the scenario above, there is a work environment composed of qualified and experienced employees for the function, so the most appropriate leadership style for this scenario according to the path-goal theory would be participative and achievement-oriented leadership.

Participative leadership is a leadership style that ensures greater involvement of employees in decision-making, is effective in a work environment that has qualified and engaged employees. The achievement-oriented leadership style refers to the challenging goals proposed by the leader to employees and the confidence he has in the employees' ability to meet their expectations.

b) Two challenges in the team dynamics that make it difficult to support the view that teams are synergistic may be the lack of communication and a very centralized leadership.

The teams are composed of individuals with different personalities but who join their efforts to achieve organizational goals and objectives.

Therefore, it is necessary to have a leadership style that is geared towards the whole of the team, that seeks to engage and respect the individualities of each member of the team but that motivates them to seek common goals. It is also necessary that communication is valued, that all members feel they are a necessary part of the team, so that the information can be passed on properly and also to avoid conflicts that may occur.

5 0
3 years ago
Suppose United and American both service the New York-Boston route. If they both charge $100 each way, they each get monthly pro
allochka39001 [22]

Answer:

Nash equilibrium exists when both companies charge $100 per ticket and each makes $81,000 in profits.

Explanation:

                                                                   United

                                       ticket price $100        ticket price $200

                                       $81,000 /                    $58,000 /

         ticket price $100                 $81,000                       $123,000

American                                                            

                                        $123,000 /                 $112,000 /

         ticket price $200                   $58,000                   $112,000

United's dominant strategy is to charge $100 per ticket price with expected profits of $81,000 + $123,000 = $204,000. If it charges $200 per ticket, expected profits = $170,000.

American's dominant strategy is to charge $100 per ticket price with expected profits of $81,000 + $123,000 = $204,000. If it charges $200 per ticket, expected profits = $170,000.

Since both companies' dominant strategy is to charge $100 per ticket, then that is the Nash equilibrium.

8 0
3 years ago
If interest rates are rising:
AleksandrR [38]

Answer:

c. planned investment spending is most likely to decrease.

Explanation:

High interests rates reduce the levels of investment in an economy.  Investments are capital intensive ventures and will require borrowing to finance them. When interest rates are high, loans become expensive. For a project to be viable in times of high-interest rates, it will need to have a very high rate of return.

When interest rates are high, banks will offer a higher rate of return on savings. Using savings to finance investments become more costly. Investors would prefer to put their money in a deposit account for higher interest payments than to invest.

High-interest rate thus slows down investments expenditures.  The cost of borrowing goes up while the incentives to save increase.

3 0
4 years ago
3. Which of the following is not a characteristic of a service? (1 point)
Alona [7]

Answer:

marketability is not correct

Explanation:

Four characteristics of service are;

intangibility,

inseparability,

variability and.

perishability.

6 0
3 years ago
Read 2 more answers
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