Business, 24.10.2021 02:00 xczapien782
Abdul runs a fishing lodge and has a very profitable business during the summer. In the fall, the number of guests at the lodge starts to decline. Abdul should keep the lodge open
A. all year because his summer profits offset any losses he might have in the winter.
B. only during those months in which his total revenue exceeds his total cost.
C. only during those months in which his total revenue exceeds his fixed cost.
D. only during those months in which his total revenue exceeds his variable cost.
Answers: 3
Business, 21.06.2019 21:00
The management of a private investment club has a fund of $250,000 earmarked for investment in stocks. to arrive at an acceptable overall level of risk, the stocks that management is considering have been classified into three categories: high risk (x), medium risk (y), and low risk (z). management estimates that high risk stocks will have a rate of return of 15%/year; medium risk stocks, 10%/year; and low risk stocks, 6%/year. the amount of money invested in low risk stocks is to be twice the sum of the amount invested in stocks of the other two categories. if the investment goal is to have a rate of return of 9% on the total investment, determine how much the club should invest in each type of stock. (assume that all the money available for investment is invested.)
Answers: 3
Business, 22.06.2019 12:20
Selected transactions of the carolina company are listed below. classify each transaction as either an operating activity, an investing activity, a financing activity, or a noncash activity. 1. common stock is sold for cash above par value. 2. bonds payable are issued for cash at a discount
Answers: 2
Business, 22.06.2019 14:00
Bayside coatings company purchased waterproofing equipment on january 2, 20y4, for $190,000. the equipment was expected to have a useful life of four years and a residual value of $9,000. instructions: determine the amount of depreciation expense for the years ended december 31, 20y4, 20y5, 20y6, and 20y7, by (a) the straight-line method and (b) the double-declining-balance method. also determine the total depreciation expense for the four years by each method. depreciation expense year straight-line method double-declining-balance method 20y4 $ $ 20y5 20y6 20y7 total $
Answers: 3
Abdul runs a fishing lodge and has a very profitable business during the summer. In the fall, the nu...
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