Answer:
False.
Explanation:
(1) Units produced = 24 units of output
At the 24th unit of output,
Marginal revenue = $5
Marginal cost = $4
MR ≠ MC
At the 25th unit of output,
Marginal revenue = $4.50
Marginal cost = $4.50
MR = MC
At the 26th unit of output,
Marginal revenue = $4
Marginal cost = $5
MR ≠ MC
A firm maximizes its profit at a point where the marginal revenue is equal to the marginal cost i.e. MR = MC.
It is clear from the above scenario that this firm doesn't stop at 24 units of output because at this point of production profit maximizing condition is not fulfilled which means MR ≠ MC.
This firm should stopped at 25 units of output where marginal revenue is equal to the marginal cost from the 25th unit of output.
Answer:
Evans Company
General Journal
Part a.
Debit : Cash $645
Debit : Cost of goods sold $375
Credit : Sales Revenue $645
Credit : Merchandise $375
Part b.
Debit : Cash $432
Debit : Cost of goods sold $195
Credit : Sales Revenue $432
Credit : Merchandise $195
Part c.
Debit : Accounts Receivable $670
Debit : Cost of goods sold $438
Credit : Sales Revenue $670
Credit : Merchandise $438
Part d.
Debit : Credit Card fees $85
Credit : Cash $85
Explanation:
The Perpetual inventory system calculates the cost of sale and inventory balance on each and every sale made hence the journals above.
Answer: quid pro quo sexual harassment
Explanation:
The scenario represented in the question regarding Rhonda and her company's chief financial officer is referred to as quid pro quo sexual harassment.
Quid pro quo sexual harassment is a situation that occurs when benefits, pay, employment, position, training, title, position are based on the condition that the other individual involved agree to ones sexual advances. It should be noted that this is illegal.
Answer:
<u>decreases</u>
Explanation:
As per modigliani- miller approach, the value of a firm is not dependent upon the choice of capital structure of the firm.
Capital structure refers to the the blend or mix of different sources of capital a firm avails to raise funds. Such as debt and equity.
As per MM proposition 2, the expected yield of a stock is equal to equity capitalization rate plus an additional compensation for risk assumed by employment of debt in the capital structure due to which the debt-equity ratio rises.
As proportion of debt is increased in the capital structure, the earnings available to stockholders rise but this rise is offset by the rise in the expectation of shareholders which offsets the effect and thus value of firm remains the same.
Return on equity is given by 
Thus, as the return on equity increases , the amount of equity in capital structure decreases as this net income rises owing to employment of more and more debt in the capital structure.
Answer:
The percentage distribution is a statistical distribution of relative frequency, in which the relative frenquencies are percentages over the total number of data, that in this case is equal to 100%.
In order to create a percentage distribution chart, we group the data into classes, and then, we count the number of times the elements of the class appear in the sample, finally, we convert this number into a percentage.
