Answer: Government regulation, Economies of scale
Explanation:
Barriers to entry refers to the restrictions that are imposed on the entry of a new firm or business into the market. These can be,
a). <em>Government regulation</em>- Sometimes the government puts many restrictions on the entry of a new firm. These can be license requirement or by limiting the availability of a resource.
b). <em>Economies of scale</em>- These refer to the efficiency in production that occurs when one firm grows larger in size and is able to cover the entire market at a lower cost than many small firms producing the same good in smaller quantities. The cost of production is lower for a single firm than for many firms.
Answer:
Cost of goods will be $4670325
Explanation:
We have given current liabilities = $407000
A quick ratio = 1.90
Current ratio is 3.40 and inventory turnover = 4.50
We know that current ratio is the ratio of current assets and current liabilities
So ![3.4=\frac{current\ assets}{current\ liabilities}](https://tex.z-dn.net/?f=3.4%3D%5Cfrac%7Bcurrent%5C%20assets%7D%7Bcurrent%5C%20liabilities%7D)
So current assets = $1383800
Now quick ratio is equal to = ![\frac{current\ assets-inventory}{curtrent\ liabilities}](https://tex.z-dn.net/?f=%5Cfrac%7Bcurrent%5C%20assets-inventory%7D%7Bcurtrent%5C%20liabilities%7D)
So ![0.85=\frac{1383800-inventory}{407000}\\](https://tex.z-dn.net/?f=0.85%3D%5Cfrac%7B1383800-inventory%7D%7B407000%7D%5C%5C)
Inventory = $1037850
Inventory turnover is given 4.5
So ![4.5=\frac{cost\ of\ goods\ sold}{average\ inventory}](https://tex.z-dn.net/?f=4.5%3D%5Cfrac%7Bcost%5C%20of%5C%20goods%5C%20sold%7D%7Baverage%5C%20inventory%7D)
![4.5=\frac{cost\ of\ goods\ sold}{1037850}](https://tex.z-dn.net/?f=4.5%3D%5Cfrac%7Bcost%5C%20of%5C%20goods%5C%20sold%7D%7B1037850%7D)
So cost of goods sold = 4.5×$1037850 = $4670325
Answer:
$728,000
Explanation:
Paid in capital can be described as the payments ac company received in exchange for its stock from investors.
From the question, the total paid in capital can be calculated as follows:
Receipt for 42,000 shares at $10 per share = 42,000 * 10 = $420,000
Receipt for 28,000 shares at $11 per share = 28,000 * 11 = $308,000
By adding the two above together and have:
Total paid-in capital = $420,000 + $308,000 = $728,000.
Therefore, total paid-in capital at the end of 2021 is $728,000.
The correct answer is keyword resume.
Here, you would use keywords to refer to your characteristics and experience, so that the computer can search the document according to the specific requirements the employer needs - so if no such requirements are met by your resume, you may not get the job.
Answer:
It is more convenient to produce the sails in house.
Explanation:
Giving the following information:
Riggs purchases sails at $ 250 each, but the company is considering using the excess capacity to manufacture the sails instead. The manufacturing cost per sail would be $ 100 for direct materials, $ 80 for direct labor, and $ 90 for overhead. The $ 90 overhead includes $ 78,000 of annual fixed overhead that is allocated using normal capacity.
Because there will not be an increase in fixed costs, we will not have them into account.
Variable overhead= 90 - (78,000/1,200)= 25
Unitary variable cost= 100 + 80 + 25= 205
It is more convenient to produce the sails in house.