Answer:
D. Plan your trips to avoid rush hour traffic
Answer:
The farmer should use more fertilizer and less labor.
Explanation:
The production of wheat requires two inputs, labor and fertilizer.
The price of labor is $4.50 and the price of fertilizer is $3.00.
A farmer is currently employing the inputs such that the marginal product of labor is 11 and the marginal product of fertilizer is 8.
The ratio of price to marginal product for labor
=
= 2.44
The ratio of price to marginal product for fertilizer
=
= 2.66
Since the ratio for fertilizer is higher than labor, it implies that fertilizer is providing more benefit to the farmer as compared to labor. So the farmer should use more fertilizer.
Answer:
times interest ratio = EBIT / interest expense
1)
Kringle: TIE ratio = ($40,870 - $10,300 - $350) / $350 = 86.34
Leihman: TIE ratio = ($46,320 - $12,080 - $2,000) / $2,000 = 16.12
2)
Kringle was better able to cover its interest expenses since its TIE ratio is much higher than Leihman's (more than 5 times higher). This means that it is much easier for Kringle to pay off the interests on its debt.
Answer:
17.5%
Explanation:
depreciation = 400,000 / 5 = 80,000
return = $250,000 - %100,000 - $80,000 = 70,000
70,000 / 250,000 =
Answer: $41000
Explanation:
The amount of cash dividends paid that should be reported in the financing section of the statement of cash flows will be calculated thus:
Beginning dividend = $10000
Add: Dividend declared = $42000
Less: Ending dividend payable = $11000
Cash dividend paid = $41000