Answer and Explanation:
The computation is shown below
a. Total book value is
= Equity par value + retained earnings + net income
= 20,000 shares × $20 + $5,000,000 + $70,000
= $5,470,000
b. The book value per share is
= Equity book value ÷ number of shares
= $5,470,000 ÷ 20,000shares
= $273.50
Hence, the total book value and book value per share is $5,470,000 and $273.50 respectively
Answer:
The marginal cost of an additional unit of output is $145
Explanation:
The computation of marginal cost of an additional unit of output is shown below:
= Change in total cost ÷ change in production level
where,
Change in total cost = Increased cost - previous cost
= $9.4 million - $6.5 million
= $2.9 million
Thus, change in total cost is $2.9 million
And, change in production level = New production level - existing production level
= 70,000 - 50,000
=20,000
Thus, change in production level is 20,000
Now,
Apply the above values in the formula which is equals to
= $2.9 million ÷ 20,000
= $145
Hence, the marginal cost of an additional unit of output is $145
Answer:
b
Explanation:
because you want the employer to know that you learned from your last job
