Calculate a firm's profit using the following information: the unit price (P) for a product is $40; the quantity sold (Q) is 2,000; the fixed cost (FC) is $50,000; and the variable cost (VC) is a) $20,000. b) $10,000. c) $50,000. d) $110,000. e) $150,000
Answers
It is given that firm's unit price for product is $40 with a sale os 2000 units. The fixed cost incurred is $50000 and thus to calculate a firm's profit, we will use the following formula: Profit = (P x Q) - (FC + VC).
Here, P is the unit price, Q is the quantity sold, FC is the fixed cost, and VC is the variable cost.
a) With a variable cost of $20,000:
Profit = ($40 x 2,000) - ($50,000 + $20,000) = $80,000 - $70,000 = $10,000
b) With a variable cost of $10,000:
Profit = ($40 x 2,000) - ($50,000 + $10,000) = $80,000 - $60,000 = $20,000
c) With a variable cost of $50,000:
Profit = ($40 x 2,000) - ($50,000 + $50,000) = $80,000 - $100,000 = -$20,000 (loss)
d) With a variable cost of $110,000:
Profit = ($40 x 2,000) - ($50,000 + $110,000) = $80,000 - $160,000 = -$80,000 (loss)
e) With a variable cost of $150,000:
Profit = ($40 x 2,000) - ($50,000 + $150,000) = $80,000 - $200,000 = -$120,000 (loss)
In summary, the firm's profit for each variable cost scenario is: a) $10,000; b) $20,000; c) -$20,000 (loss); d) -$80,000 (loss); e) -$120,000 (loss).
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Related Questions
Between 1900 and 1929, the United States transformed from a mostly rural society to a mostly urban nation. What were the most important causes and outcomes of this transformation? How did immigration from overseas and internal migration within the United States shape the politics and culture of American cities? How did reformers of the Progressive Era (1900-1920) try to improve the problems and conditions of city life? How did the increasing racial and ethnic diversity of urban America create new forms of mass entertainment and popular culture? And how did this growing racial and ethnic diversity also spark nativist and racist backlash, repression, and violence? What rapid technological, social, and cultural changes took place especially in the 1920s, and how did this fuel the "culture wars" of the 1920s between urban/modern America and rural/traditional America? What kinds of Americans embraced their "Modern" age, and what kinds of Americans defended what they perceived as "Traditional" American social values and order? Can you see echoes of these "culture wars" in our own times a century later? Explain. Michael Schaller citations
Answers
Between 1900 and 1929, the United States transformed from a mostly rural society to a mostly urban nation. This transformation was caused by several factors such as immigration from overseas, social and cultural changes, among others.
Immigration from overseas played a vital role in shaping the politics and culture of American cities. During this period, the US witnessed a surge in immigration as people from Europe and Asia came in search of better economic opportunities.
This immigration led to an increase in diversity in American cities, and this gave rise to new forms of mass entertainment and popular culture.
The echoes of these "culture wars" can still be felt in contemporary American society. The political and cultural divide between rural and urban America is still present, with many rural Americans feeling left behind and marginalized.
Overall, the transformation of the United States from a mostly rural society to a mostly urban nation had significant social, economic, and political consequences, some of which are still being felt today. Citations:Schaller, Michael. “Transforming America:
From Farm to Factory, 1880-1920,” 2015, OpenStax CNX, cnx.org. Schaller,
Michael. “The United States and the Second World War:
The Home Front,” 2015, OpenStax CNX, cnx.org.
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In what ways are the formats of emails and memos similar? Choose all that apply.
A. Giving subject and date
B. Verifying identity
C. The type of information
Answers
The type of information are the formats of emails and memos similar. Email formats are based on memo formats, which means that they are set up to convey.
The four essential opening pieces of information that a memo says in the heading: to, from, subject, and date. The to, from, subject, and date heading formats are the same for memos and emails. Email formats are based on memo formats, which means that they are set up to convey the four essential opening pieces of information that a memo says in the heading: to, from, subject, and date. The to, from, subject, and date heading formats are the same for memos and emails.
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As manager of creekview lodge, what is your next step in addressing the problem?.
Answers
The next step for the Creekview Lodge manager to address the issue is to review employee performance standards and compare them to current performance.
What are managerial roles?The manager of an organization is responsible for organizing, coordinating, controlling and commanding his team, helping in the process of cooperation and creation of motivation in employees, creating a positive environment and culture for development and productivity.
The manager must be the model of conduct for his team, so his behavior must focus on ethics, respect and compliance with the company's policies and requirements.
Therefore, reviewing and comparing performance standards is a managerial function that assists in employee evaluation, correction and greater control over team development.
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Schwartz Industry is an industrial company with 80. 1 milion shares outstanding and a market capitalization (equity value) of $3 27 billion. It has $2. 35 bilion of debt outstanding Management have decided to delever the firm by issuing new equity to repay all outstanding debt a. How many new shares must the firm issue? b. Suppose you are a shareholder holding 100 shares, and you disagree with this decision. Assuming a perfect capital market describe what you can do to undo the effect of this decision The firm must issue a. How many new shares must the firm isso? million shares. (Round to one decimal place) b. Suppose you are a shareholder holding 100 shares, and you disagree with this decision. Assuming a perfect capital market, describe what you can do to undo the effect of this You should__new shares and___ $ (Select from the drop-down menus, round the number of shares to the nearest integer, and round the dollar amount to the decision nearest dollar)
Answers
a. The firm must issue 57.6 million new shares to deliver the firm.
b. If you disagree with this decision, you can either hold on to your shares or sell them in the market.
a. To deliver the firm, the total equity value after issuing new equity must equal the current total enterprise value (equity value + debt). Therefore, the new equity issued must be equal to the amount of debt outstanding.
New equity = Outstanding debt = $2.35 billion
To find the number of new shares to be issued, we need to divide the new equity by the current share price:
Number of new shares = New equity / Current share price
To find the current share price, we can divide the current market capitalization by the number of outstanding shares:
Current share price = Market capitalization / Number of outstanding shares
Current share price = $3270 million / 80.1 million = $40.82 per share
Number of new shares = $2.35 billion / $40.82 per share = 57.6 million shares
Therefore, the firm must issue 57.6 million new shares to delever the firm.
b. In a perfect capital market, the issuance of new equity to repay debt should have no effect on the value of the firm. Therefore, as a shareholder, you can do nothing to undo the effect of this decision. The value of your shares will remain the same, as the total value of the firm remains unchanged. If you disagree with this decision, you can either hold on to your shares or sell them in the market.
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10)
How might a mission statement help Donna with her new
business?
Answers
A mission statement can help Donna with her new business by providing clarity and direction for her venture. It serves as a guiding statement that outlines the purpose, values, and goals of the business.
It helps Donna align her decisions, actions, and strategies with the overall mission, facilitating focus and consistency in her business operations. A mission statement is a concise statement that articulates the purpose and core values of a business. It outlines what the business aims to achieve and how it intends to operate. For Donna, having a mission statement for her new business can provide several benefits.
Firstly, it helps Donna define the purpose and direction of her business. It clarifies the reason for starting the business and what it aims to accomplish, providing a sense of focus and clarity.
Secondly, a mission statement helps Donna communicate her business's values and principles to stakeholders, including employees, customers, and investors. It sets the foundation for building a strong company culture and aligning everyone's efforts toward a common goal.
Lastly, a mission statement can serve as a guide for decision-making and strategy development. When faced with choices or challenges, Donna can refer to her mission statement to ensure that her actions align with the overall purpose and values of her business.
A mission statement plays a crucial role in helping Donna with her new business by providing clarity, guiding decision-making, and aligning stakeholders toward a common vision.
In conclusion, a mission statement can significantly benefit Donna in her new business. It provides clarity and direction, communicates values to stakeholders, and guides decision-making and strategy development. By establishing a mission statement, Donna can effectively define her business's purpose and goals, foster a strong company culture, and make informed decisions that align with her business's overall mission. This helps create a solid foundation for success and growth in her new venture.
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Find a news headline that refers to the business cycle. What phase of the business cycle does your headline reference? Explain.
Answers
Answer:
The business cycle typically consists of four phases:
Expansion: This phase is characterized by increasing economic activity, rising GDP, low unemployment rates, high consumer confidence, and increased business investments.
Peak: The peak represents the highest point of economic expansion before the cycle starts to slow down.
Recession: This phase marks a slowdown in economic activity. It is characterized by declining GDP, rising unemployment, reduced consumer spending, and decreased business investments.
Trough: The trough represents the lowest point of the business cycle. It is the phase where the economy reaches its bottom before starting to recover.
HURRY!! Sarah is working at a daycare center. She just thought of a way to streamline the way parents drop off and pick up their children. When she mentions her idea to the director, he asks her to present it at the next staff meeting. What aspect of a good professional relationship is the director demonstrating?
Group of answer choices
Trust
Respect
Boundaries
Diversity
Answers
Answer:
Explanation:
Trust
functions of the economic commission for Africa.
Answers
Answer:
The main functions of the ECA include the study of problems of the economic and social development of the African countries, the promotion of the economic development of the African states, and the strengthening of their economic relations both with one another and with other countries.
The ECA's key responsibilities include researching problems of African countries' economic and social growth, fostering African states' economic development, and improving their economic relations with one another and with other countries.
For more information about this topic, you can always check out: https://encyclopedia2.thefreedictionary.com/Economic+Commission+for+Africa#:~:text=The%20main%20functions%20of%20the,another%20and%20with%20other%20countries.
Hope this helps; have a great day!
what does the abbreviation of CD stand for. (this is financial i put it under business because it is the closest thing to financial literacy)
A. certificate of disposal
B.certificate of interest
C.credit of deferral
D.certificate of deposit
Answers
Answer:
D) certificate of deposit.
Explanation:
Dnstrstdhfgjfuufuufdydydyufcjcjigjvcjfrdgddfhh
Answers
Answer:
akvsgsssgsuajawgwgwjwiwbwiqk
Formal education is one way in which an aptitude can be learned.
O True
O False
Sul
Next
Mark this and return
Help pla
Answers
Answer:
True
Explanation:
An "aptitude" tells the person's academic ability or capability to become proficient in a specific field. This ability can be both natural or acquired, which means that some people are simply born with it while others have to learn from scratch.
One way to develop one's aptitude is by "formal education." Being educated allows people to function in the society, which can be used for future employment. Companies provide an assessment to applicants in the form of aptitude test in order to know whether they're most likely to perform well in the position.
Answer:
True
Explanation:
EDG 2021 :)
Question 22
1 pts
Which of the following is NOT a good reason to buy a stock index fund like the
S&P 500?
0 You want to have an investment that you don't have to monitor as closely as an actively
managed fund
0 You want to have an investment with low fees
O You want to "beat the market" with the return on your investment
O You want to have a diversified portfolio
Previous
Next
Answers
Answer:
You want to "beat the market" with the return on your investment
Explanation:
The SP 500 is a good example of diversified portfolio investment. Investing in the index fund is less costly compared to other investment instruments. The SP 500 is considered the benchmark of investment returns in the US. Any attempts to perform better than the SP 500 is termed as trying to "beat the market."
Investors prefer good stock indexes like the SP 500 because they represent diversified investments. They spread risks in many sectors of the economy. Stock indexes have low investment costs and don't need close contact monitoring. Trying to "beat the market" with stock indexes is a daunting task. Any investor who attempts it will end up very frustrated.
Embedded systems will enhance the economical quality of the
product. provide an example to support this statement.
Answers
Embedded systems play a crucial role in enhancing the economical quality of products by improving efficiency, reducing costs, and adding value to various industries.
One prominent example of this is the implementation of embedded systems in smart home devices. These systems enable homeowners to control and automate various functions within their homes, such as lighting, temperature, security systems, and appliances, resulting in significant energy savings and reduced utility bills.
Smart thermostats, for instance, utilize embedded systems to learn the users' preferences and adjust the temperature accordingly, optimizing energy consumption. By efficiently managing heating and cooling, these devices can help reduce energy waste and lower utility expenses. Additionally, embedded systems in smart appliances, such as refrigerators and washing machines, can monitor usage patterns and optimize operations to minimize power consumption. This integration of embedded systems not only provides convenience and comfort to users but also translates into long-term cost savings, making the products more economically attractive.
In summary, the integration of embedded systems in products, like smart home devices, enhances the economical quality by delivering energy-efficient solutions. By leveraging embedded technology, these products optimize resource consumption, resulting in reduced utility bills and long-term cost savings for consumers. This demonstrates how embedded systems contribute to the overall economic value of a product, making it an essential factor in today's technologically advanced markets.
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A password that contains full sentences or lines from a favorite movie or book is called a
•catchphrase
•moviebook
•passbook
•passphase
Answers
Answer:
passphrase is the correct answer
Answer: passphrase
Explanation:
I did the exam
an example of " too much capacity ", in the early 2000s was the _______ industry.
Answers
An example of "too much capacity" in the early 2000s was the telecommunications industry.
During that time, the infrastructure for communications experienced a rapid expansion and investment leading to the installation of fiber optic networks and the founding of numerous telecommunication firms.
However, the industry became overcapacity because the demand for telecommunications services did not match the excessive capacity that was built. This led to a market consolidation and restructuring in the telecommunications industry as a result of the resultant fierce competition, declining prices and financial difficulties for many businesses.
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If management operates to maximize the firm's profits, this will also maximize the market value of stockholders' wealth.
a. True
b. False
Answers
Answer:
b. False
Explanation:
The shareholder wealth could be maximized when there is a rise in the stock price as when the stock price rises, it automatically rised the value of the firm and the net worth also
Therefore in the given situation, in case when the firm wants to maximise its profits so it not necessary to increased the market value
Therefore the given statement is false
Which economic effect does a central bank hope to achieve by buying back large amounts of treasury security
Answers
A. It hopes to reduce the amount of money available for lending.
Explanation:
Usually, the central bank(Federal reserve) control the supply of money in circulation in the economy so that the nation's economy would be healthy. One of the ways through which the federal reserve controls the quantity of money in circulation is by selling or purchasing of government securities through a process known as open market operation.
If the federal reserve sells government securities such as treasury bills, in large quantities, its aim is to reduce the amount or quantity of money available to commercial banks for lending, hence mop up the quantity of money in circulation.
Also, if the federal reserve buys government securities, its aim is to make more money available in large quantities to commercial banks and other institutions, hence have more cash to lend people.
The economic effect that central bank are trying to effect by the process of buying back large amounts of treasury security is bring reduction to amount of money available for lending.
Treasury notes as well as bonds are securities that brings about payment of fixed rate of interest which is usually done every six months till the security reach a stage of maturity.The central bank do buy large amounts of treasury security so that the money that can be available for lending can be reduced.Therefore, this process are put in place to balance the economy.
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In a short essay What are advantages and disadvantages of competition for buyers and sellers?
Answers
Answer:
Competition decreases your market share and shrinks your customer base, especially if demand for your products or services is limited from the start. A competitive market can also force you to lower your prices to stay competitive, decreasing your return on each item you produce and sell.
How can globalization negatively affect american farmers health
Answers
Explanation:
Negative Impact of globalisation:
Attraction of global market resulted in farmers shifting from traditional or mixed cropping to unsustainable cropping practices. The competition from cheaper imports pushed down the prices of crops like cotton, wheat etc making agriculture unsustainable for many farmers.
Is Anna eligible to receive a Pell Grant? If she is, what is the maximum amount she can get from a Pell Grant? (Click here to see what the current limit is on a Pell Grant. Note that Anna's SAR is for the 2012-2013 FAFSA, but the Pell Grant limit is updated for the current year).
Answers
Answer:
some information is missing, so I looked for similar questions:
the requirements for receiving a Pell Grant in 2013 were:
The maximum amount for 2013-2014 was $5,645.Anna must be a US citizen (or legal alien with SS number) and must attend a qualifying university.Anna must be under 24 years old.Anna's expected family contributions (EFC) must be lower than her cost of attendance (COA). Anna's family income must be below $23,000 in order to receive the maximum grant amount, and this amount is reduced if her family's income is higher, The family's maximum income should be less than $60,000.The amount of the grant also varies depending whether she will attend full time or part time.Pell Grants are a type of financial aid granted by the federal government to college or post-secondary students whose families do not have enough money to pay for all the attend ace costs. The actual amount given to each student varies depending on several factors. I listed some of the major factors above, but during 2012 and 2013 the program suffered a lot of restrictions since the total number of applicants and receivers increased dramatically due to the great recession suffered a few years earlier.
Which of the following statements about check cashing
companies is TRUE?
They delay when you can access your cash.
They charge high fees.
They sometimes offer free services.
They have limited operating hours during the day.
Answers
The third choice, in which businesses offer additional services, is the best choice.
What exactly do check-cashing businesses do?Customers can easily convert their paycheck or other checks into cash at check cashing businesses, also known as money services firms, without the need for a bank account. Businesses that cash checks typically operate around-the-clock and provide convenient, quick access to cash for customers. Customers can easily convert their paycheck or other checks into cash at check cashing services, also known as money services firms, without the need for a checking account.
Check-cashing services will validate your identity, cash your government check (such as a Social Security check), and give you the money right away, minus a fee, if you have a paycheck or other government check. You leave the check-cashing business with cash in hand rather than depositing the check into a bank or credit union account.
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In regard to the integrated rate law (see blue equation in question 7) for a nuclear reaction, what does the y-intercept represent?
Answers
The y-intercept in the integrated rate law for a nuclear reaction represents the initial concentration of the reactant. It is the value of the dependent variable (usually concentration) when the independent variable (usually time) is equal to zero.
In other words, it is the concentration of the reactant at the beginning of the reaction, before any time has elapsed.
For example, if we have a nuclear reaction with a reactant A and the integrated rate law is given by ln(A) = -kt + ln(A0), where ln(A) represents the natural logarithm of the concentration of A at a given time t, k is the rate constant, and ln(A0) is the natural logarithm of the initial concentration of A, then the y-intercept (ln(A0)) represents the initial concentration of A.
Understanding the y-intercept in the integrated rate law is crucial for determining the initial conditions of a reaction and obtaining accurate rate constants.
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Imagine your class has been asked to organize a career fair for your school. Now that you know about all the career clusters, you want to be sure to include each one in the career fair,
Working in small groups, imagine your class has been asked to organize a career fair for your school. Now that you know
Brainstorm how you would begin to organize this career fair. What would you need to do? What information would you
need to have? What permissions would you need to secure? Where will this be held?
Describe your plan below in detail.
Answers
Answer: Organizing a career fair requires knowledge of a variety of career clusters. Here are certain ideas you can use while organizing a career fair:-
After dividing the class into smaller groups assign each group a particular career path on which they can prepare a presentation.Prepare an itinerary for the presentations and assign each group a particular time slot.These itineraries can be distributed as pamphlets to the target audience.Each group can make an effort to invite certain professionals or experts from the field for the occasion.Permission from the School Council and higher authorities might be required for the use of school grounds and auditoriums.Each group must have a leader for the coordination of the activities.The leaders must work together as a team and keep each other updated about the progress of their individual groups.distinguish between capital intensive and labour intensive
Answers
answer:
capital intensive
— industries require a greater amount of machinery to produce the product
labour intensive
— product requires a larger amount of human labor to bring it off
explanation:
ex:
capital intensive
— telecommunications, airlines, automobile manufacturing, oil production
labour intensive
— food service, hospitality, public education, agriculture
credits: online search!
Labour intensive products required a larger amount of human labor to bring it off.
In what seven (7) way can we promote good marriage in the society
Answers
Answer:
1.being loving
2bieng understanding
3being loy
a project has the activity duration and cost information indicated in the table where all times are in weeks. what is the total cost for completing this project in 50 days?
Answers
To calculate the total cost for completing a project in 50 days, you will need to determine the critical path of the project and calculate the cost for each activity on that path.
The critical path is the sequence of activities that must be completed in order to finish the project on time. You can determine the critical path by calculating the earliest start and finish times for each activity, as well as the latest start and finish times for each activity. The critical path is the sequence of activities that have the longest total duration.
Once you have determined the critical path, you can calculate the cost for each activity on that path. To do this, multiply the duration of each activity by its cost per week. Add up the costs for all activities on the critical path to get the total cost for completing the project.
If the total duration of the project is more than 50 days, you will need to consider the cost of accelerating certain activities to meet the deadline. This may involve increasing the number of workers on certain tasks or using more efficient equipment to speed up the work.
In conclusion, to calculate the total cost for completing a project in 50 days, you will need to determine the critical path and calculate the cost for each activity on that path. It may be necessary to accelerate certain activities to meet the deadline, which will involve additional costs.
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Diana usually uses a three-year payback period to determine if a project is acceptable. A recent project with uniform yearly savings over a five-year life had a payback period of almost exactly three years, so Diana decided to find the project's present worth to help determine if the project was truly justifiable. However, that calculation didn't help either since the present worth was exactly 0. What interest rate was Diana using to calculate the present worth? The project has no salvage value at the end of its five-year life.
Answers
Diana used a discount rate that resulted in a present worth of 0 for the project. The specific interest rate used cannot be determined without additional information.
Diana was using the payback period as a criterion to determine the acceptability of a project. The payback period is the time it takes for a project to recover its initial investment. In this case, Diana usually uses a three-year payback period.
The project in question had a payback period of almost exactly three years, which is consistent with Diana's criterion. However, she wanted to further assess the project's viability, so she calculated its present worth.
The present worth is the current value of all the cash flows associated with the project, discounted to the present time. Diana found that the present worth of the project was exactly 0. This means that the present value of the cash inflows is equal to the initial investment.
To calculate the present worth, Diana used an interest rate that equated the present value of the cash inflows with the initial investment. This interest rate is referred to as the discount rate. Since the present worth was exactly 0, it implies that the discount rate used was such that the present value of the cash inflows exactly offset the initial investment.
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The full cost of attendance to an institute of higher education, including tuition, room and board, books and other costs is known as _____.
A. Sticker price
B. A full ride
C. The reduced price
D: The net cost
Answers
Answer:
A. Sticker Price
Explanation:
The full cost of attendance to an institute of higher education, including tuition, room and board, books and other costs is known as Sticker Price.
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Which of the following is a line of credit issued to customers to cover checks or debits exceeding the amount in their account?
Debt restructuring
O Cash flow budgeting
Automated teller machine
O Overdraft protection
Answers
A three-step model developed by Kenneth Blanchard and Norman Vincent Peale is used to evaluate:a. alcoholismb. legal issuesc. comparable worthd. an ethical dilemma
Answers
The three-step model developed by Kenneth Blanchard and Norman Vincent Peale is commonly used to evaluate ethical dilemmas.
The first step of the model is to determine whether the action in question is legal. This step is important because it establishes a baseline of ethical behavior. If an action is illegal, it is generally considered unethical.
The second step of the model is to evaluate whether the action is balanced or fair to all parties involved. This step takes into account the interests of all stakeholders and seeks to find a solution that is mutually beneficial.
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