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Margarita [4]
2 years ago
9

Lionel's Lawn Care is a company that maintains residential yards. Lionel's cost for his standard package of mowing, edging, and

trimming is $15, and he charges $25 for this service. For a total price of $40, Lionel will also trim shrubs, a service that adds an additional$10 to the total cost of the standard package. What is Lionel's marginal benefit if he sells thestandard package?A) $10B) $15C) $25D) $40
Business
1 answer:
Rudiy272 years ago
5 0

Answer:

Option "B" is the correct answer to the following statement.

$15

Explanation:

Marginal revenue is the extra revenue produced from increasing sales of a single unit of the commodity. Marginal benefit is the income received by a business or entity when the creation and distribution of one extra or marginal product.

Marginal Benefit = New revenue - Old revenue

                            = ($40) - ($25)

                            =$15

So,the Marginal Benefit for Lionel's Lawn Care is $15 .

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You were hired as a consultant to Quigley Company, whose target capital structure is 35% debt, 10% preferred, and 55% common equ
san4es73 [151]

Answer:

8.1%

Explanation:

Firstly, let look at the formula for calculating weighted average cost of capital (WACC):

WACC = (D/A) x r_D x (1-t) + (E/A) x r_E + (PE/A) x r_PE, where:

A: Market value of company asset;

D: Market value of company debt;

E: Market value of company equity;

PE: Market value of company preferred equity;

r_D: cost of debt;

r_E: cost of equity/retained earnings;

r_PE: cost of preferred equity;

t: tax rate

Putting all the numbers together, we have:

WACC = 35% x 6.5% x (1-25%) +  55% x  10.5%  + 10% x 6% = 8.1%

8 0
2 years ago
Read 2 more answers
Which of the following characteristics best describes repetitive focus? Its output is a standardized product produced from modul
HACTEHA [7]

Answer:

Its output is a standardized product produced from modules.

Explanation:

Repetitive Focus is a process that focuses on product orientation and emphasizes the use of modules, which allow for a greater range of customization. That being said we can say that out of the answers provided, the characteristic that best describes repetitive focus is that Its output is a standardized product produced from modules. Because like mentioned before the main difference between this and other process' is the use and emphasis on modules.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
2 years ago
Please consider that regional airline and a furniture manufacture each generate annual revenue of $120 million and earn net inco
Nady [450]

Answer:

The regional aircraft will presumably have a higher break-even point the original investment point than a furniture maker in light of the fact that the majority of a carrier's expenses are fixed . It is imperative to take note of that despite the fact that the two organizations report indistinguishable income and total compensation figures, their equal the initial investment focuses will probably contrast fundamentally due to contrasts in their cost structures.

7 0
2 years ago
Zippy is earning ​$30 comma 000 per year working for​ Joe's Car Repair. He also has savings of ​$150 comma 000​, on which he is
shepuryov [24]

Answer: $105,000

Explanation: In Economics the term profit refers to the amount a company or an individual left with after paying for implicit and explicit cost. Explicit cost means cost paid to others for their services.

While, Implicit cost or opportunity cost is the cost of loosing profits due to choosing one alternative over other. In this case Zippy's salary and his interest on savings is his implicit cost.

therefore,

Economic profit = $250,000 - ( $30,000 + $15,000 + $100,000 )

                          =  $105,000

8 0
2 years ago
A consumer lives on a diet of solely steak and potatoes. Her budget is ​$30 for every 10 days and she must buy enough potatoes t
Alja [10]

Answer:

Total= 20 potatoes + 2 steaks

Explanation:

Giving the following information:

Her budget is ​$30 for every 10 days and she must buy enough potatoes to eat at least 2 potatoes per day. If a potato costs ​$0.50 and the price of a steak is ​$10.

2 potatoes a day= 0.5*2= 1

Consumption of potatoes= 10 days*$1= $10

Consumption of steak= 30 - 10= 20/10= 2 steaks.

Total= 20 potatoes + 2 steaks

5 0
2 years ago
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