Nike has invested 7.5 million dollars into their new Serena William's Tennis Shoe line. Suppose Nike amassed total revenue of $5,000,000 with a cost of $2,000,000 for this project. They also pay dividends of $2.00 to all 500,000 shareholders. What is their return on invested capital (ROIC) ? provide answer in XX%
In: Economics
In: Finance
Please research and post your opinions surrounding a "flat tax"
federal income option. Be sure to include your thoughts on overall
tax revenue, labor supply, etc. As always, in addition to your own
post please respond to the posts of at least two of your classmates
either in support or opposition.
In: Economics
The company sold merchandise to a customer on December 1, 2019, for $100,000. The customer paid with a promissory note that has a term of 6 months and an annual interest rate of 9%. The company’s accounting period ends on December 31.
What amount should the company recognize as interest revenue on December 31, 2019?
In: Accounting
Find the maxium number of units that must be produced and sold in order to yield the maximum profit. Assume that revenue R(x) and the cost, C(x) of producing x units are in dollars.
R(x)= 6x, C(x)= 0.01x^2+ 0.3x+7
what is the production level for the maximum profit?
In: Math
The market demand is given as;
P = 100 – Q
Marginal cost of production is given as;
MC = 10
In: Economics
True, false or uncertain? Explains your answers please. a.The marginal product of an input to production can never be negative b.A monopoly equates price to marginal cost to find the optimal quantity to produce. c.A competitive firm equates marginal revenue to price to find the optimal quantity to produce.
In: Economics
Monopsonistic exploitation is
A.the difference between the number of workers employed by a competitive firm and those employed by a monopsonist.
B. equal to the marginal factor cost of the monopsonist.
C. the difference between the marginal revenue product of labor and the wage paid by the monopsonist.
D. the difference between the monopsony wage and the competitive wage.
In: Economics
The goal of any firm has been assumed to be to:
none of the above
maximize the difference between marginal revenue and marginal cost.
produce at the socially optimal level of output.
choose that level of output which will minimize its variable costs.
choose that level of output which will maximize its total revenues
In: Economics
If the government imposes a universal basic income program without increasing taxes other than the potential revenue increase through indirect taxation of consumption(GST etc.) what would be the impact on the economy in general? Please respond considering the market for labour, market for loanable funds and the overall change in the GDP.
In: Economics