Marginal cost

a. is the increase in total cost resulting from production of one additional unit of output.

b. is the cost of the marginal unit of output.

c. All of the above are correct.

d. and the average cost curve are U-shaped.

When an oligopoly exists how many producers dominate the market

When the top management team is homogeneous and a new ceo is selected from inside the firm, it is a. likely there will be a change in strategy b. unlikely that the current stra?

A company reports operating cash flows of $1,890, investing cash flows of $790, and financing cash flows of - $660. What is the amount of the change in total cash?

On January 1, 2016, Laura Corporation had 18,000 shares of common stock outstanding, and reacquired 2,000 shares on July 1. The company earned net income of $110,800 and paid a cash dividend on its preferred stock of $36,000.

Derk owns 450 shares of stock in Rose Corporation. The remaining 1,050 shares of Rose are owned as follows: 150 by Derk's daughter, 300 by Derk's aunt, and 600 by a partnership in which Derk has ownership interest of 90%.

That the total dollar amount of the debits equals the total dollar amount of the credits in the ledger accounts can be verified through a (n) a. balance sheet b. trial balance c. chart of accounts d. income statement

Coronado Shoes Fool Inc. is involved in litigation regarding a faulty product sold in a prior year. The company has consulted with its attorney and determined that it is possible that they may lose the case.

Suppose during 2014 that Federal Express reported the following information (in millions) : net sales of $35,497 and net income of $98.

During a certain four-year period, the consumer price index (CPI) increased by 30%, but during the next four-year period, it increased by only 10%. Which of these conditions must have existed during the second four-year period? A. Deflation B.

Flagstaff Company has budgeted production units of 7,900 for July and 8,100 for August. The direct materials requirement per unit is 2 ounces (oz.).