Answer:
Fixed cost = $1100
Explanation:
given data
Highest bill = $3,800
lowest bills = $2,000
dog washed in May = 600
dog washed in November = 200
to find out
fixed cost associated with the company's water bill
solution
first we get here variable cost that is express as
variable cost = (Highest bill - Lowest bill) ÷ ( Dogs washed may - Dogs washed November ) ...........1
put here value we get
variable cost =
variable cost = $4.5 per dog
so fixed cost will be here as
Fixed cost = Total cost to wash 600 dogs - Variable cost to wash 600 dogs
Fixed cost = $3800 - $4.5 × 600 dogs
Fixed cost = $3800 - $2700
Fixed cost = $1100
Answer:
The current ration for 2018 will be "1.55".
Explanation:
The given values are:
The total current assets of 2018 is:
= $310,000
The total current liabilities of 2018 is:
= $200,000
Now,
The current ratio of 2018 will be:
=
On substituting the estimated values in the above formula, we get
=
=
When the new writers' agreement comes into effects, the result will be a PRICE INCREASE in the market for video rentals, which will DECREASE the consumer surplus in the market for video rental.
Video rental and pay per view movies are substitute goods. The royalty payment that the screen writers are demanding for will increase the price of video rental and this will make the consumers to consume less of video rental and more of pay per view movies.
Fails to supervise employees, has previously been suspended by another Administrator, has been convicted of a financial crime within the past 10 years, becomes insolvent.
Answer:
$79,039
Explanation:
The computation of the true cash balance is shown below:
Particulars Amount
Unadjusted Balance
as Per Bank Statement on Jun 30 $81,500
Add: Deposit in Transit Jun $3,150
Les : Outstanding Check Jun30 -$5,611
True Cash Balance As on Jun 30 $79,039
We simply applied the above format so that the correct value could come