Answer:
$16.27
Explanation:
For computing the intrinsic value, first we have to compute the earning per share which is shown below:
Earning per share = (Net income) ÷ (Number of shares outstanding)
= ($14.73 million) ÷ (20.05 million shares)
= 0.734
Now the intrinsic value would be
= Earning per share × P/E ratio
= 0.734 × 22.17
= $16.27
<span>Implicit Cost Explicit Cost
The wholesale cost for the pianos that Darnell pays the manufacturer $452,000
The salary Darnell could earn if he worked as an accountant $48,000
The wages and utility bills that Darnell pays $301,000
The rental income Darnell could receive if he chose to rent out his showroom $38,000
B.
Profit ($)
Accounting Profit 842,000 - 452,000 - 301,000 = 89,000
Economic Profit 842,000 - 452,000 - 301,000 - 48,000 - 38,000 = 3,000
C. Economic Profit as an accountant = 48,000 + 38,000 - 89,000 = -$3,000. Thus, Darnell should stay in the Piano business to maximize the Economic Profit.</span>
The consumer sector is the largest part of the macroeconomy
TRUE
Answer:furniture manufacturer: wood→sanding→chair---C
Explanation:
Operations management is the part of a production system that administers best business practices to create the highest net operating profit within an organization. It involves the management of converting raw materials and labor into finished goods and services by passing through efficient processes so as to maximize profit of an organization.
In Operations management, efficient productivity , coordination and formulation of new improved process is important because to maximize profit requires constant innovation to reevaluate current practices. An operations management is involved in inputs, process and outputs as can be seen illustrated below.
furniture manufacturer: wood→sanding→chair
Answer:
Penetration pricing
Explanation:
Is a marketing strategy used by businesses to attract customers to a new service or product. By offering lower price during its initial offering, thats the way they do. The lower price, helps a new producto or service penetrate the market and attract customers .
