Answer:
E. If the market risk premium increases by 1%, then the required return will increase by 1% for a stock that has a beta of 1.0.
Answer:
1) It is a price floor which is binding as employeer cannot hire teenagers willing to work below 24 dollars per hour
2) it is a price celling and is biding as the current equilibrium price is 3.00 There will be shortage as demand will icnrease for the lower price but supply decrease as it is not as profitable
3) it is a price floor which is also binding as the equilibrium is at 3 dollars the supplier will have to increase price and sales volume will be lower as demand will drop
Explanation:
Answer:
Our answer is E 114,420
Explanation:
Production budget:
Jan Feb Mar
Budgeted sales units 40000 37000 34000
Add: Ending inventory 12950 11900
Total requirement 52950 48900
Less: Beginning inventory 14000 12950
Budgeted production units 38950 35950
Purchase budget of Box:
Jan Feb
Budgeted production 38950 35950
Bx required per unit 3 3
Total requirement of Boxes 116850 107850
Add: Ending inventory 21570
Total boxes needed 138420
Less: Beginning inventory 24000
Budgeted Purchase boxes 114420
Answer is E. 114420
The <u>law of increasing relative cost </u>states that the opportunity cost of producing a good always rises as one produces more of it.
According to the law of increasing costs, production eventually loses efficiency as it grows. The labor expenses for each additional item will increase, for instance, if increased production requires overtime work from your workforce.
Opportunity cost is the value of other commodities or services you must forgo in order to get your desired item. The term "cost" as used by economists often refers to opportunity cost. Cost is frequently mentioned in conversations or on the news.
According to the law of increasing opportunity cost, the cost of manufacturing the next unit rises as you keep up with the production of a given good.
Find more about opportunity cost
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Answer:
Debit Credit
Trade payable $300
Cash $300
Explanation:
First we have to reverse the wrong journal entry which has been made by the inexperienced bookkeeper in the Adams Company accounts:
Debit Credit
Trade payable $300
Cash $300
Now we have to record the correct journal entry in the accounts of Adam Company in respect of account settlement with supplier which is given as follow:
Debit Credit
Trade payable $300
Cash $300
