Why are gas prices 2.75?

A competitive firm has been selling its output for $20 per unit and has been maximizing its profit, which is positive. Then, the price rises to S25, and the firm makes whatever adjustments are necessary to maximize its profit at the now-higher price.

Aluminum maker Alcoa has a beta of about 2.00 , whereas Hormel Foods has a beta of 0.45. If the expected excess return of the market portfolio is 5 % , which of these firms has a higher equity cost of capital, and how much higher is it?

When a company offers consumers the ability to make purchases via a smart phone, this is known as:?

Kid's world industries has projected sales of 67,000 machines for the current year. the estimated january 1 inventory is 6,000 units, and the desired december 31 inventory is 15,000 units.

Brannon Inc. manufactures ceiling fans and uses activity-based costing. Each fan has 20 separate parts. The direct material cost is $70, and each ceiling fan requires 4 hours of machine time to manufacture.

Summer Nights sells bottles of bug spray for $8.00 each. Variable costs are $2.00 per bottle, while fixed costs are $40,000 per month for volumes up to 40,000 bottles of spray and $58,000 per month for volumes above 40,000 bottles of spray.

5 years ago, Barton Industries issued 25-year noncallable, semiannual bonds with a $900 face value and a 12% coupon, semiannual payment ($54 payment every 6 months). The bonds currently sell for $845.87.

Under the allowance method of accounting for uncollectible accounts, Bad Debt Expense is debited a. when a credit sale is past due. b. whenever an account is deemed worthless. c. whenever a predetermined amount of credit sales has been made. d.

An entrepreneur is someone who

Paul Davis wants to deposit a lump sum of money today for a vacation that he plans to take to Asia after he graduates from Graduate School. Which formula should he use to determine the amount of money he will have available for his vacation?