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sp2606 [1]
2 years ago
14

Use the following information to answer question. Madelyn owns a small pottery factory. She can make 1,000 pieces of pottery per

year and sell them for $100 each. It costs Madelyn $20,000 for the raw materials to produce the 1,000 pieces of pottery. She has invested $100,000 in her factory and equipment: $50,000 from her savings and $50,000 borrowed at 10 percent (assume that she could have loaned her money out at 10 percent, too). Madelyn can work at a competing pottery factory for $40,000 per year.
The accounting profit at Madelyn's pottery factory is:______

a. $35,000.
b. $75,000.
c. $30,000.
d. $70,000.
e. $80,000.
Business
1 answer:
notsponge [240]2 years ago
4 0
Answer; a. $35,000.



sorry if wrong
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tatiyna

Answer:

D. No, because Rachel's family farm does not employ outside workers.

Explanation:

The Occupational Safety and Health Act of 1970 in its most rudimentary form is a law in the United States meant to govern the occupational health and safety of federal government employees and the private sector as well.

Option D is correct because the law does not cover immediate family members on farms that do not employ outside employees.

6 0
2 years ago
If a product makes it through a rigorous development process, will it be a sure success?
Otrada [13]
When it comes to this context, nothing is sure to be a success, so no
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Theo currently owns 700 shares of JKL, which is an all-equity firm with 320,000 shares of stock outstanding at a market price of
valentina_108 [34]

Answer:

correct option is c. 43.75

Explanation:

given data

share own = 700

stock outstanding = 320000

market price = $25

interest and taxes =  $160,000

debt = $500,000

interest = 7%

loan = 7.5 percent interest

to find out

How many shares of JKL stock must Theo sell to unlever

solution

first we get here no of share that repurchased is express  as

no of share =  \frac{debt}{market\ price}     ..............1

no of share =  \frac{500000}{25}

no of share = 20,000 shares

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sell = 43.75 shares

so correct option is c. 43.75

6 0
2 years ago
Ron is 30 years old and is retiring at the age of 65. when he retires, he will need a monthly income of $1,270 for 10 years. if
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d.

Ron will not make his monthly goal of $1,270 and will need $741.68 to supplement his monthly income when he retires.

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A company uses the FIFO method for inventory costing. At the start of the period the production department had 20,000 units in b
UkoKoshka [18]

Answer:

equivalent cost per unit for labor: $4.1982

Explanation:

complete and transferred    165,000

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previous work on beginning (8,000) //  20,000 x 40%

Equivalent units                   173,500

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equivalent cost 726,825/173,500 = 4.198193084

equivalent cost per unit for labor: $4.1982

7 0
2 years ago
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