Answer: 6520 + 3x
Explanation:
Firstly, we need to calculate the variable cost per hour which will be:
= (Highest activity cost – Lowest activity cost)/(Highest activity hour – Lowest activity hour)
= (9460 - 7300)/(980 - 260)
= 2160 / 720
= 3
We'll also find the fixed cost which will be:
= Fixed cost = Highest activity cost – (Variable cost per hour x Highest activity hour)
= 9460 - ( 3 x 980)
= 9460 - 2940
= 6520
Therefore, the cost function will be:
= 6520 + 3x
Answer:
Total cash collection June= $98,500
Explanation:
Giving the following information:
25% in month of sale
65% in month following sale
5% in second month following sale
5% uncollectible
The following sales have been budgeted:
Sales
April $120,000
May $100,000
June $110,000
<u>Cash collection June:</u>
Cash collection from June= 110,000*0.25= 27,500
Cash collection from May= 100,000*0.65= 65,000
Cash collection from April= 120,000*0.05= 6,000
Total cash collection June= $98,500
Answer: Option B
Explanation: In simple words, dominant strategy refers to the situation in which one strategy gives higher outcome to one player as compared to other player.
Under such a situation the dominant player gets an absolute advantage against his or her opponent and will get better results bio matter how hard and efficient the opponent plays.
For example- In computer industry Apple has a dominant strategy which they have earned out of the market experience and no matter how much other companies try, they can not break customer base of Apple.
Answer:
euro medium-term note
Explanation:
Based on the information provided within the question it can be said that the term being mentioned is a euro medium-term note. This is a debt instrument that require fixed payments that are issued to the market and allows the borrower to retrieve these funds if actually needed on a flexible basis. These are usually only traded and issued outside of the U.S. and Canada.
Answer:
1.37
Explanation:
Total Debts (D) = Current liabilities + Long-term debt + Other liabilities
Total Debts (D) = $210 + $205 + $120 = $535
Owner's Equity (E) = $390
The debt-equity ratio (DER) is given by:
Geomorph Trading’s debt-equity ratio is 1.37
