Answer: 29,601 shares
Explanation:
When calculating the number of shares required to elect a certain number of directors given the shares outstanding, use the formula;
Shares required = ((Number of directors required)*(Total number of shares outstanding) / (Total number of directors + 1)) + 1
= (6 * 74,000) / ( 14 + 1) + 1
=( 444,000/15) + 1
= 29,600 + 1
= 29,601 shares are needed to elect 6 directors
Answer:
In the evolution of marketing, the marketing concept era emphasized selling and advertising in an effort to persuade consumers to buy existing products.
False
Explanation:
Reasons why it is false in the evolution of marketing in modern era is to sell and advertise. There are numerous ways to add to sales and advertisement, in order to sell existing products or goods it is expedient to package, re-package, brand, re-brand before placing such goods for advertisement because these would change the face of goods to be sold. hence; increase sales
Answer:
$0.55, $0.375, $0.45
Explanation:
Average Total Cost, ATC = TC/output
ATC at 500 unit = TC at 500/ output
= $275/500
= $0.55
checked the attached file for a complete solution
Fixed cost : The type of cost that will stay the same regardless how much products you created.
Cost per unit for 80 widgets : 8000/80 = $1,000
Cost per unit for 100 widgets: $10,000/100 = $1,000
In this case, the fixed cost is 0.
Marginal Cost
Change in Total Cost / Change in Quantity produce
= ($10,000 - $ 8,000) / (100 -20)
= $ 2,000/20
= $1,000
The answer should be letter C.
