Marginal Cost of Sweatshirts Quantity of shirts 0 1 234 5 Based on the table above, what is the marginal cost of the fourth sweatshirt? O $15 O $11 $13 Total cost $0 9 20 33 48 65 $48

Answers

Answer 1

Based on the table above, the marginal cost of the fourth sweatshirt is $13.What is the marginal cost of sweatshirts?Marginal cost of sweatshirts is the additional cost of producing one more unit of a product. It is calculated by dividing the change in the total cost by the change in quantity.

It is represented by the formula: Marginal Cost = (Change in Total Cost) / (Change in Quantity)Where,Change in Total Cost = Total Cost of producing n units – Total cost of producing (n-1) units.Change in Quantity = Quantity of producing n units – Quantity of producing (n-1) units.

Given below is the table of Marginal Cost of Sweatshirts Quantity of shirts Using the above formula, we can find the Marginal Cost of producing each sweatshirt Therefore, the marginal cost of the fourth sweatshirt is $13.

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Related Questions

assume+that+an+investment+provides+the+following+cash+inflows+over+a+three-year+period:+assuming+a+discount+rate+of+14%,+what+is+the+present+value+of+these+cash+inflows?

Answers

The present value of the cash in-flows over the three-year period, assuming a discount rate of 14%, is approximately $17,371.31.

To calculate the present value of cash inflows, we use the formula for the present value of a cash flow stream:

PV = CF1 / (1+r)^1 + CF2 / (1+r)^2 + CF3 / (1+r)^3

Where:

PV = Present value

CF1, CF2, CF3 = Cash inflows in each period

r = Discount rate

Let's assume the cash inflows are as follows:

Year 1: $5,000

Year 2: $7,000

Year 3: $10,000

Discount rate (r) = 14%

Now we can substitute the values into the formula and calculate the present value:

PV = $5,000 / (1+0.14)^1 + $7,000 / (1+0.14)^2 + $10,000 / (1+0.14)^3

PV = $5,000 / 1.14 + $7,000 / 1.14^2 + $10,000 / 1.14^3

PV = $4,385.96 + $5,670.10 + $7,315.25

PV ≈ $17,371.31

Therefore, the present value of the cash inflows over the three-year period, assuming a discount rate of 14%, is approximately $17,371.31.

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The data show the
number of railroad crossing accidents for the 50 states
of the United States for a specific year. Construct a
histogram, frequency polygon, and ogive for the data.
Comment on the skewness of the distribution. (The data
in this exercise will be used for Exercise 14 in this
section.)
Class limits Frequency
1–43 24
44–86 17
87–129 3
130–172 4
173–215 1
216–258 0
259–301 0
302–344 1

Answers

Answer:

I hope this helps

Explanation:

216-258 0

On june 1, button co. Borrowed $1,000 cash from national bank by signing a 120-day, 6% interest-bearing note. Button will record this transaction with a credit to _____ in the amount of ______.

Answers

The complete statement is "On June 1, button co. Borrowed $1,000 cash from the national bank by signing a 120-day, 6% interest-bearing note. The button will record this transaction with credit to "Notes Payable" in the amount of $1,000."

What are a Notes Payable?

Generally, Notes payable are a kind of long-term liability that show the money that a firm owes its financiers, which may include banks and other financial organizations in addition to alternative sources of funding such as friends and family.

Long-term obligations are those that must be paid back after more than a year, albeit often within a period of five years.

In conclusion, The whole statement is as follows: "On June 1st, button company took out a cash loan of $1,000 from the national bank by signing a note carrying 6% interest for a period of 120 days.

This transaction in the amount of $1,000 will be recorded when you press the button, and it will be credited to "Notes Payable.""

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I got a 50 the first time taking this, don’t know what I got wrong.

I got a 50 the first time taking this, dont know what I got wrong.

Answers

the answer would be rises

Answer:

Has no change

Explanation:

When sales taxes are imposed, the change is barely noticeable to the buyers and they adopt to it

list four marketing activities.​

Answers

Answer:

Marketing is composed of four activitiescentered on customer value:creating,communicating,delivering and exchanging value

you founded your own firm three years ago. you initially contributed $200,000 of your own money and in return you received 2 million shares of stock. since then, you have sold an additional 1 million shares of stock to angel investors. you are now considering raising capital from a venture capital firm. this venture capital firm would invest $5 million and would receive 2 million newly issued shares in return. assuming that this is the venture capitalist's first investment in your firm, the post-money valuation of the angel investor's shares is closest to: group of answer choices $12.5 million. $4.0 million. $5.0 million. $2.5 million.

Answers

To calculate the post-money valuation of the angel investor's shares, we need to follow these steps:

1. Determine the total number of shares outstanding before the venture capital investment. You initially received 2 million shares, and you sold 1 million shares to angel investors. Therefore, there are 3 million shares outstanding before the venture capital investment.

2. Calculate the total number of shares outstanding after the venture capital investment. The venture capital firm would receive 2 million newly issued shares, bringing the total number of shares to 5 million (3 million existing shares + 2 million new shares).

3. Calculate the post-money valuation of the firm. The venture capital firm is investing $5 million for 2 million shares. To determine the value per share, divide the investment amount by the number of shares: $5 million / 2 million shares = $2.50 per share. Multiply the value per share by the total number of shares outstanding after the investment (5 million) to find the post-money valuation: $2.50 per share * 5 million shares = $12.5 million.

4. Calculate the post-money valuation of the angel investor's shares. The angel investors own 1 million shares. Multiply the value per share by the number of shares held by the angel investors: $2.50 per share * 1 million shares = $2.5 million.

Therefore, the post-money valuation of the angel investor's shares is closest to $2.5 million.

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Which of the following is an example of a soft skill?
A. Ability to use CSS spreadsheets
B. Ability to manage spreadsheets
C. Ability to work well with a project team
D. Ability to manipulate images using computer software

Answers

Answer:

Ability to work well with a project team

Explanation:

A product's price will increase the most if:

Answers

Answer:

Demand is high and if the manufacturing prices increase

Williams Auto has a machine that installs tires. The machine is now in need of repair. The machine originally cost $11,400 and the repair will cost $2,400, but the machine will then last two years. The labor cost of operating the machine is $0. 50 per tire. Instead of repairing the old machine, Williams could buy a new machine at a cost of $6,400 that would also last two years; the labor cost would then be reduced to $0. 25 per tire. Williams expects to install 11,400 tires in the next two years. A. Determine the total (two-years) cost for both repairing and replacing the machine

Answers

Williams should fix the equipment because it will cost less overall than to replace it.

What is labor cost?

Labor expenses are an employer's total out-of-pocket expenditure for hiring employees.

Williams Auto has a machine that installs tires. Even if the equipment needs maintenance, it will only operate for another two years. Operating the machine costs $0.70 per tire in labor. Instead of repairing the old machine.

1. Total cost of Repair = Repair cost + Operating cost

= $1,700+10,700*$0.70

= $1,700 + $7,490

= $9,1902.

2. Total cost to replace = Repair cost + Operating cost

= $5,700+10,700*$0.5

= $5,700+$5,350

= $11,050

Therefore, Williams should repair the machine.

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Calculate the ytc (yield to call) on the following bond: Price of the bond $980 (98) Coupon rate3% Maturity is 11 years Call date is in 4 years Call Price $1,050

Answers

To calculate the yield to call (YTC) on this bond, we need to determine the rate of return that an investor would earn if the bond is called at the call date in 4 years, assuming that the investor receives all coupon payments and the call price.

We can use the following formula to calculate YTC:

YTC = (Annual Coupon + (Call Price - Market Price) / Years to Call) / ((Call Price + Market Price) / 2)

Using the given information:

- Annual Coupon = $30 (3% x $1,000 face value)
- Call Price = $1,050
- Market Price = $980
- Years to Call = 4

YTC = ($30 + ($1,050 - $980) / 4) / (($1,050 + $980) / 2) = 0.0768 or 7.68%

Therefore, the yield to call on this bond is 7.68%.


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The four "Ps" has been used the longest in industry.
O True
O False

Answers

Answer:

True

Explanation:

6. Outline 4 circumstances under which some human wants canbe fully satisfied​

Answers

Generally, the human wants can never be fully satisfied because its requires more resources whereas the resources are limited.

What is a human wants?

This refers to the desires, aspirations and motives of humans that can be satisfied with goods and services.

For instance, the yearning for food, shelter, clothing are example of an economic human wants.

It is also accepted that the human wants are never truly satisfied because they are endless, even though these wants can be temporarily satisfy, they will always reoccur.

Therefore, the human wants can never be fully satisfied.​

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A conservative financing plan involvesSelect one:a. heavy reliance on debt.b. heavy reliance on equity.c. high degree of financial leverage.d. high degree of combined leverage.

Answers

A conservative financing plan involves heavy reliance on debt. Hence option (a) is the answer.

What is a conservative working capital financing policy?

Conservatism in investing places an emphasis on minimizing risk while maintaining the purchasing power of one's capital. The majority of low-risk securities, including treasuries and other high-quality bonds, money markets, and cash equivalents, will often be given a relatively high allocation in conservative investment plans. To keep the company's assets and obligations in balance and to protect against unforeseen issues, a conservative working capital policy is typically implemented.

Accounting conservatism in investing places an emphasis on minimizing risk while maintaining the purchasing power of one's capital. The majority of low-risk securities, including Treasuries and other high-quality bonds, money markets, and cash equivalents, will often be given a relatively high allocation in conservative investment plans.

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There are two basic areas of science:
and applied science.
A.mental
B.information
C.pure

Answers

Answer:

Basic science, such as understanding how cells work, is research aimed at understanding fundamental problems.

Applied science, such as the medical field, is the application of basic scientific knowledge to solve practical problems.

Applied science uses and applies information obtained through basic science.

Explanation:

So, option B is the correct

Information ℹ️

Answer: I think it is B.

1. What is the difference between the consumer market and the business market?

Answers

Answer:

Business markets refer to organizations, businesses, or entities that acquire products and services for use in the production of other services and products. On the other hand, consumer markets refer to markets where producers sell their products or services directly to the final consumers.

Explanation:

In what kind of nation are members of a society most likely to have good educational opportunities?

a developing nation

a developed nation

a country emerging from an economic and political crisis

an underdeveloped nation

Answers

Answer:

a developed nation for states

whats the difference between life values and work values

Answers

Answer:

life values: are things you respect in your rights as a human

Authenticity Adventure Balance.

Bravery Compassion Challenge.

Citizenship Community Creativity.

Curiosity Determination Fairness.

Freedom Friendships Fun.

Generosity Growth Honesty.

Integrity Justice Kindness.

work values: are things you value and respect threw  the service that you work with for example

Loyalty

A Strong Work Ethic.

Dependability and Responsibility.

Possessing a Positive Attitude.

Adaptability.

Honesty and Integrity.

Self-Motivated.

Motivated to Grow and Learn.

Strong Self-Confidence.

People are living paycheck to paycheck why is that a problem

Answers

Living “paycheck to paycheck” can be a problem because most of the time people would have no money in their savings account and you wouldn’t meet your financial problems if unemployed.

When a worksheet is used:
Revenue and expense accounts do not have to be closed to the income summary account, because the income statement is prepared from the worksheet and net income is already computed,
Adjusting entries are not prepared, since adjustments are shown on the worksheet,
Financial statements may be prepared before recording adjusting and closing entries in the accounting records,
The income statement column and balance sheet column of the worksheet eliminate the need to prepare formal financial statements for a business.

Answers

When a worksheet is used, financial statements may be prepared before recording adjusting, and closing entries in the accounting records. Adjusting entries are not prepared, since adjustments are shown on the worksheet.

Revenue and expense accounts do not have to be closed to the income summary account, because the income statement is prepared from the worksheet and net income is already computed.

The Worksheet is a multiple-column document that is used by accountants to assemble the data required to complete end-of-period financial reports. It is important to note that although the worksheet resembles a working paper, it is not a formal document and does not serve as a replacement for the financial statements themselves.

The worksheet eliminates the need to prepare formal financial statements for a company. It ensures that the debits and credits of all accounts balance and also assists accountants in making any required adjustments, such as accruals or deferrals, which will then be incorporated into the formal financial statements. These adjustments may be shown on the worksheet itself.

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Wealth is the total value of what a person owns, minus any debt the individual has. In the united states, the wealth gap has reached new heights and is still increasing. Identify the causes for the widening wealth gap in the united states.

Answers

The causes for the widening wealth gap in the United States are:

-inheritance as a generational transference of wealth

-shifts in the U.S. tax code

-Increase in debt

In the field of business and law, the wealth gap can be described as the difference that arises in the cumulative assets among people belonging to different races. People who are upper class have a more wealthier lifestyle than those who belong to a lower class.

One of the reasons of the widening wealth gap in the Unites States is inheritance. As a result of inheritance, the wealth of the upper class is transferred to their children after their death and hence the rich remains richer and the poor remains poorer.

The shifting in the U.S tax code has caused many taxes to be imposed on people. These tax codes are easier for the wealthier class to pay but the poor class suffer a damage due to it.

Another cause of the widening wealth gap is the increase in debt. Due to the increase in debt, poor people have a constant burden.

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True or false: how audience members perceive a business presentation speaker's authenticity impacts how they regard the speaker's message

Answers

Definitely true. If the speaker doesn’t seem authentic, the message doesn’t seem as important to listen to.

What is fiscal policy and what are the three goals of fiscal policy?

Answers

Answer:

Fiscal policy is the use of public expenditure and taxation to affect the economy, particularly macroeconomic conditions. These include employment, inflation, economic expansion, and the total demand for goods and services.

The three goals of fiscal policy are :

to achieve or maintain full employment a high rate of economic growth, and price and wage stabilization.

Explanation:

Fiscal policy may be of two kinds : Expansionary fiscal policy: Here, the tax rates are lowered or spending is increased to boost the overall demand and promote economic growth. The rationale behind this strategy is that when people pay less in taxes, they have more money to invest or spend, which increases demand. Because of this demand, businesses increase hiring, which lowers the unemployment rate and intensifies the labor market. As a result, salaries will rise and consumers will have more money to spend and invest. It's a positive feedback loop or cycle.Contractionary fiscal policy: Here, the rates are raised or spending is reduced to stop or lower inflation. To do this, the government raises taxes, cuts spending, and eliminates employment or lowers wages in the public sector.

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Answer: "Fiscal policy refers to the use of government spending and tax policies to influence economic conditions, especially macroeconomic conditions. These include aggregate demand for goods and services, employment, inflation, and economic growth."

Explanation:

The three goals of fiscal policy are:

Inflation rate: it refers to the rise in cost of goods and service and decrease in purchasing power. For example, if the rate of inflation is 5%, than your $5.00 morning cup of coffee will cost you $5.25 in a year. In most countries, central banks try to maintain an inflation rate of not more than 3%.Full employment: means low unemployment rate.GDP: Gross Domestic Product (GDP) needs to be at increasing rate.

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Bob has a collision deductible of $500. He has Bodily Injury Liability coverage limit of $25,000. He hits another driver and injures her severely. The case goes to trial and there is a verdict to compensate the injured person for $40,000
a. How much does Bob have to pay?
b. How much does his insurance pay?

Answers

Bob will have to pay $500 for his collision deductible and additional $15,000 for the portion of bodily injury liability that exceeds his coverage limit $15,000. Therefore, Bob will have to pay a total of $15,500.

What is liability?

Liability refers to the legal responsibility for one's actions or omissions that result in harm, damage, or loss to another party. In simple terms, liability means being accountable for something. Liability can arise from a wide range of circumstances, such as a car accident, a breach of contract, or a defective product. The party that is found to be liable is responsible for compensating the other party for any harm, damage, or loss they have suffered. Liability can be determined through various legal mechanisms, including contract law, tort law, and criminal law. In business, liability is an important concept to understand, as it can have significant financial and reputational consequences. Properly managing liability is essential for protecting oneself and one's business from potential legal claims.

Liability that exceeds= $40,000 - $25,000 = $15,000

Total= $500+ $15,000=$15,500

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1. Economics is all about
a. making money.
b. making decisions.
c. government controlling resources.
d. None of the above.

Answers

the answer is D or either A
It is A because, economic is production of goods and services, growth of production and welfare over time, and a great variety of other complex issues of vital concern to society.

n market x, the external benefit of consumption is $5. in market y, the external cost of consumption is $10. efficiency in both markets could be achieved by:

Answers

Efficiency in both markets can be achieved by implementing an external subsidy of $5 in market X and an external tax of $10 in market Y to account for the respective external benefits and costs.

Efficiency in both markets can be achieved by internalizing the externalities. This can be achieved by imposing taxes in Market Y while in Market X, the government can offer subsidies. Explanation: External benefits of consumption refer to the benefits received by individuals who do not participate in the market transaction, while external costs of consumption refer to the costs incurred by third parties who do not participate in the market transaction. As a result, the price mechanism fails to account for the social cost and social benefit of consumption in a perfectly competitive market, resulting in market inefficiencies. In market X, the external benefit of consumption is $5, implying that the market produces less than the socially optimal quantity. In this case, the government can provide subsidies to producers to reduce the cost of production and increase the supply of goods and services. This would result in the social marginal benefit equaling the private marginal cost, achieving market efficiency. In market Y, the external cost of consumption is $10, implying that the market produces more than the socially optimal quantity. In this case, the government may impose taxes on the producers to increase the cost of production and decrease the supply of goods and services. This would result in the social marginal cost equaling the private marginal benefit, achieving market efficiency.

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the steps to analyze the effects of the business transactions should be performed in what order?

Answers

It is typically recommended to follow the procedures when analyzing the effects of commercial transactions are transaction identification, analyze transaction, record and analyze transaction and perform trail balance.

Find the transaction: The first step is to find the transaction that has taken place. Understanding the transaction's nature and the affected accounts is necessary for this.

Evaluate the transaction: To ascertain its effect on the accounting equation: The next step is to analyze the transactions. In order to do this, you must first determine which accounts are impacted and in what way (i.e., whether they are increased or decreased).

Register the transaction: The transaction must be recorded in the appropriate accounting records after the impact of the transaction has been evaluated. As determined by the analysis of the transaction, this comprises debiting and crediting the appropriate accounts.

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If a company receives $12,000 from a client for services provided, the effect on the accounting equation would be:

Answers

Based on the information given the effect on the accounting equation would be: Assets increase $12,000 and Equity increase $12,000.

Effects on accounting equation:

If a company receives the amount of  $12,000 from a client for the services they rendered to the client  the effect of the transaction on the accounting equation would be: Assets will  increase by the amount of $12,000 and Equity will increase by $12,000.

Effect on Accounting equation:

Assets increase $12,000

Equity increase $12,000

Inconclusion the effect on the accounting equation would be: Assets increase $12,000 and Equity increase $12,000.

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The finance department of Global Couriers decides that half of the previous year's profits should be reinvested into the business. The marketing department, however, plans to extend the company's services to five more cities, which would require additional investment. The department heads hold a meeting at the end of the quarter to discuss the company's strategies; the meeting is, however, adjourned when they realize that their opinions clash. Information silo, in this case, has led to

Answers

Answer:

organizational inefficiency

Explanation:

The finance department of Global Couriers decides to invest half of the previous year's profits into the business. However, the marketing department needs investment to extend the company's services to more cities.

The department heads want to arrange a meeting to discuss the company's strategies. But they adjourned the meeting as they realize that their opinions clash.

This has lead to organizational inefficiency.

Liz Mulig earns 52,000 per year as a philosophy professor. She receives a raise of 2.5% in a year in which CPI increases by 3.8%. ignoring taxes, find the effect of the two increases on her purchasing power. showwork

Answers

Answer:

She lost $754.05.

Explanation:

Giving the following information:

Liz Mulig earns 52,000 per year as a philosophy professor. She receives a raise of 2.5% in a year in which CPI increases by 3.8%.

The rise in her salary allows her to increase her purchasing power. On the contrary, inflation decreases purchasing power. We need to calculate the differences between both effects and determine whether she can buy more or less.

Increase in salary= 52,000*1.025= $53,300

Inflation effect= 52,000/(1-0.038)= $54,054.05

To maintain her purchasing power, now, she needs to earn $54,054.05.

She lost $754.05.

Miguel is trying to decide what luggage to buy. He has a choice of brown or black, wheels or no wheels, and small, medium, or large.

What is the probability of Miguel buying a large black piece of luggage with wheels?

Miguel is trying to decide what luggage to buy. He has a choice of brown or black, wheels or no wheels,

Answers

The probability of Miguel buying a large black piece of luggage with wheels is 1/12.

When you perform the calculations, you would find out that you would have to multiply the variables and possible chances of occurrence and the answer is 1/12.

What is Probability?

This refers to the chance of an event occurring and this is based on several factors.

Hence, we can see that The probability of Miguel buying a large black piece of luggage with wheels is 1/12.

When you perform the calculations, you would find out that you would have to multiply the variables and possible chances of occurrence and the answer is 1/12.

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