Answer:B
Explanation:
fully benefiting from economies of scale
Answer:
1. False
2. True
3. False
4. False
Explanation:
1. Associate degree
2. A masters in business administration would be an asset to someone wanting to run a business
3. A minor is a great way to augment skills
4. There is also a bachelors of fine arts
Answer:
When Andrew sent his acceptance on Wednesday a contract was formed.
Explanation:
Andrew had recieved the offer on Monday and accepted on Wednesday, although Billy sent a revocation on Tuesday.
The onus for Andrew to receive the revocation on time is on Billy, a faster means should have been taken to notify Andrew of the revocation.
So the contract was formed on Wednesday when Andrew accepted the offer.
Answer:The Firm should continue to produce up until Revenue generated equals Marginal Cost. Cold Duck Company would maximize profit when the number of flights is in a level when Revenue equals Marginal cost which is the same as variable costs in this case.
Explanation:
Cold duck Airlines leases plane on a year long contract at an average cost of $600 per flight.The average cost of $600 per flight is calculated as Lease cost per year divided by number of flights. This tells us that the lease cost per year is fixed and the $600 average cost per flight is the Average Fixed cost. if Cold duck flies more planes between Tacoma and Portland The number flights will increase which will decrease the average lease cost per flight.
Other Costs fuel (flight attendants,etc) amount to $550 per flight, these costs will increase as Cold Duck Airlines increases flights between Tacoma and Portland. These costs should be treated as Variable costs because they increase as the number flights increases.
The revenue generated on each flight, which can be seen as the price for each flight is $1000.
The Firm maximizes its profits in a competitive market by producing a quantity level That makes Price equals Marginal cost, Marginal cost being the price of producing an additional unit, in this case is the cost of an additional flight which is $550 amount of other costs because lease cost fixed whether Cold Duck Makes 1 flight or 10 flights it doesnot change
The Firm should continue to produce up until Revenue generated equals Marginal Cost. Cold Duck Company would maximize profit when the number of flights is in a level when Revenue equals Marginal cost which is the same as variable costs in this case. Revenue would be equal to $550 when profit is at the maximum level
Answer:
X1 EPS = $ 3.44 per share
X2 EPS = $ 3.88 per share
Explanation:
X1: Earning per share
$1,070,000 / 311,000 shares outstanding = $3.44 per share
X2: net income calcualtions
1,070,000 x ( 1 + 24%) = 1,326,800
X2 shares outstanding:
beginning 311,000 + issued 31,000 = 342,000
EPS: 1,326,800 / 342,000 = 3,8795 = 3.88
