Dinham kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. during march, the kennel budgeted for 2,000 tenant-days, but its actual level of activity was 2,040 tenant-days. the kennel has provided the following data concerning the formulas used in its budgeting and its actual results for march: fixed element per month variable element per tenant-day revenue $ 35.40 wages and salaries $ 3,000 $ 6.60 food and supplies 400 12.20 facility expenses 9,600 2.30 administrative expenses 7,800 0.20 total expenses $ 20,800 $ 21.30 actual results for march: revenue $ 69,576 wages and salaries $ 16,204 food and supplies $ 25,008 facility expenses $ 14,122 administrative expenses $ 8,238 the spending variance for facility expenses in march would be closest to: a. $78 f b. $170 u c. $78 u d. $170 f

You have just been hired as a financial analyst for barrington industries. unfortunately, company headquarters (where all of the firm's records are kept) has been destroyed by fire. so, your first job will be to recreate the firm's cash flow statement for the year just ended. the firm had $100,000 in the bank at the end of the prior year, and its working capital accounts except cash remained constant during the year. it earned $5 million in net income during the year but paid $800,000 in dividends to common shareholders. throughout the year, the firm purchased $5.5 million of machinery that was needed for a new project. you have just spoken to the firm's accountants and learned that annual depreciation expense for the year is $450,000; however, the purchase price for the machinery represents additions to property, plant, and equipment before depreciation. finally, you have determined that the only financing done by the firm was to issue long-term debt of $1 million at a 6% interest rate. what was the firm's end- of-year cash balance? recreate the firm's cash flow statement to arrive at your answer

Gary becker's controversial the economics of discrimination concludes that price discrimination has no effect on final profits. price discrimination benefits monopolies. labor discrimination in hiring results in more efficient allocations of production. discrimination in hiring practices has no effect on final profits. labor discrimination harms firms that practice it due to increased labor costs. price discrimination harms monopolies, which refutes over two centuries of economic theory.

Emil motycka is considered an entrepreneur because