Answer:
The amount of Lantz's operating revenue is $734,000
Explanation:
The computation of the operating revenue is shown below:
= Total cash sales + Total credit sales
= $255,000 + $479,000
= $734,000
Since we have to compute the operating revenue, so we considered only revenue part not expenses part
The other information which is mentioned in the question is not being considered because it is related to the operating expenses. So, ignored it.
A company with market power produces much less than the socially efficient level of output, there would be to society of producing one more unit: The boom or lower inside the total production cost if the output of one unit is extended is the marginal cost of manufacturing.
Market power refers to the capacity of a company (or organization of firms) to elevate and preserve a rate above the extent that would be triumphant under opposition and is referred to as market or monopoly energy. The workout of marketplace energy leads to reduced output and a lack of economic welfare.
In economics, market power refers to the potential of a firm to steer the rate at which it sells products or services by means of manipulating either the supply or demand of the services or products to grow monetary profit.
An instance of market power is Apple Inc. within the smartphone marketplace. although Apple cannot absolutely manage the market, its iPhone product has a big amount of market proportion and consumer loyalty, so it has the ability to have an effect on average pricing inside the smartphone marketplace.Monopoly/marketplace electricity. is wherein one vendor dominates the marketplace, can control fees & prevent new competition from entering the market? Externalities. correct or terrible aspect impact of manufacturing or intake which influences folks that aren't directly worried.
Learn more about market power here: brainly.com/question/16180053
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Answer:
4.26%
Explanation:
The computation of the Laurel's effective (after-tax) cost of debt is shown below:
= Cost of debt × (1 - tax rate)
= 7.1% × (1 - 0.40)
= 4.26%
The cost of debt is also known as the yield to maturity.
For computing it, we deduct the tax rate from the cost of debt so that the accurate rate can come
All other information which is given is not relevant. Hence, ignored it
Income: p*855
Expenses: 6780
Profit = Income - expenses = 855p - 6780 = 855*250 - 6780 = 213750 - 6780 = 206970
CEO's earn = 15% * 206970 = 0.15*206970 = 31,045.5
Answer: 31,045.5
