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dolphi86 [110]
1 year ago
6

Which individual is a producer?

Business
2 answers:
Ghella [55]1 year ago
8 0

Answer:

A farmer who grows what his family needs to survive.

Ronch [10]1 year ago
7 0

Answer:

To be considered as a producer, we need to create some sorts of goods or services and exchange it with the customers in order to obtain some sort of financial gain. I believe that a host who seats customers in a busy restaurant would be considered a producer because he is providing a service to consumers.

Hope this helps!

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Kosher Pickle Company acquires all the outstanding stock of Midwest Produce for $12.5 million. The fair value of Midwest's asset
Tems11 [23]

Answer:

$5.3 million

Explanation:

Kosher pickle company acquires outstanding stock of Midwest produce for $12.5 million

Fair value of Midwest assets is $8.5 million

Fair value of Midwest liabilities is $1.3 million

The first step is to calculate the fair value of net identifiable assets

= $8.5 million-$1.3 million

=7.2 million

Therefore, the amount paid for goodwill can be calculated as follows

= $12.5 million-$7.2 million

= $5.3 million

Hence the amount paid for goodwill is $5.3 million

6 0
1 year ago
A cell phone company has a fixed cost of $1,500,000 per month and a variable cost of $20 per month per subscriber. The company c
Lubov Fominskaja [6]

Answer:

a. Break-even point = Fixed Cost divided by Contribution per unit

= $1,500,000/$19.95

= 75,188 subscribers

b. New break-even point = $1,500,000/$24.95

= 60,120 subscribers

c. Subscriber base = 73,000

less dropped subscribers 10,000

adjusted subscribers = 63,000

The company will still be profitable because it will break-even with 60,120 subscribers.  The excess 2,880 (63,000 - 60,120) subscribers after the break-even point of 60,120 will cause the company to make  some profit.

Explanation:

a) Data and Calculations:

Fixed cost = $1,500,000 per month

Variable cost $20 per month per subscriber

Charges to customers per month $39.95

Contribution = $39.95 - $20 = $19.95

New variable cost = $25

New monthly charge = $49.95

Contribution per unit = $49.95 - $25 = $24.95

4 0
2 years ago
Use what you have learned about risk and return to complete these sentences.
vfiekz [6]

Answer:

To minimize risk, investors should  investigate the market and diversify its portfolio.

Interest that builds on the principle and the interest already gained is  compound interest

Money invested in a CD always have a fixed rate of return and is less risky than money used to purchase a home.

4 0
2 years ago
Read 3 more answers
I am usually satisfied with work that is "good enough." true or false?
Brilliant_brown [7]
True because i think so
5 0
1 year ago
Read 2 more answers
Assuming that the listing broker and the selling broker in a transaction split their commission equally, what was the sales pric
Contact [7]

Answer:

b. $79,800

Explanation:

the commission is split in two equal part

one for the listing broker and one for the selling broker.

if the selling kept 2,593.5

then, the listing also receive 2,593.5

We add them and obtain the total commission:  5,187

This represent the 6.5% of the property

now, we calculate for the total value of the real state:

property x broker commision = broker proceeds

property x 6.5% = 5,187

property = 5,187/6.5% = 5,187/.065 = 79,800

5 0
2 years ago
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