Answer:
P = Average Total Cost
Explanation:
Because the market is monopolistically competitive market, one can tell that it is in long run equilibirum by the fact that P = ATC at the optimal quantity. Furthermore, the quantity he firm produces in long run equilibrium is less than efficient scale.
Answer:
The manufacturing cycle efficiency is 0.219
Explanation:
In order to calculate the manufacturing cycle efficiency we would have to calculate the following formula:
manufacturing cycle efficiency=value added time/throughput time
value added time= 40 min
throughput time=Process time+Inspection time+movie time+Queue time
throughput time=40+5+15+2+120
throughput time=182 min
Therefore, manufacturing cycle efficiency=40/182
manufacturing cycle efficiency=0.219
The manufacturing cycle efficiency is 0.219
Answer:
The new EPS is $ 3.16
Explanation:
In order to compute the earnings per share after the share repurchase the shares repurchased must deducted from the weighted average number of share of 320,000 before repurchase so as to arrive at the number of shares eligible for the earnings after such repurchase.
The number of shares repurchased=$634,000/$62.97
= 10,068.29
The average weighted number of shares after repurchase is 309,931.71 (320,000-10,068.29)
EPS after repurchase=$980,000/309,931.71
=$3.16 per share
Answer:
Explanation:
The college student loan burden is second only to mortgages in consumer debt In the United States. The government estimates that some 41 million students together owe more than $1.2 trillion. In North Carolina, what is the relationship between student loan debt and the tuition/fees that the students pay? After obtaining data for 14 four-year universities in the State University System of North Carolina (data for Elizabeth City State University and Winston Salem State University were not available), suppose we assume a simple linear modelyi= β0+ β1xi+ εito describe this relationship, where xi is the academic year tuition/fees at school In i
and yi is the average student loan debt of graduates of school i, i = 1, ..., 14. Shown below are summary statistics for the 14 schools.
NB: please check the attached document for complete work.