Suppose the market for relay switches is considered perfectly competitive and is in equilibrium at a price of S5,000 per pallet of relay switches. Callahan Relay produces relay switches at an average total cost given by ATC = Q1 + 1,500,000/Q and marginal cost given by MC= 2Q, where Q measures pallets of relay switches.
1. If Callahan Relay maximizes profit, how much profit will it earn?
a. $125,000
b. $88,000
c. $2.5 million
d. $4.75 million

Data pertaining to the current position of forte company are as follows: cash $437,500 marketable securities 170,000 accounts and notes receivable (net) 320,000 inventories 700,000 prepaid expenses 42,000 accounts payable 240,000 notes payable (short-term) 250,000 accrued expenses 310,000 required: 1. compute (a) the working capital, (b) the current ratio, and (c) the quick ratio. round ratios to one decimal place. 2. compute the working capital, the current ratio, and the quick ratio after each of the following transactions, and record the results in the appropriate columns of the table provided. consider each transaction separately and assume that only that transaction affects the data given. round to one decimal place. a. sold marketable securities at no gain or loss, 75,000. b. paid accounts payable, 135,000. c. purchased goods on account, 100,000. d. paid notes payable, 105,000. e. declared a cash dividend, 125,000. f. declared a common stock dividend on common stock, 45,000. g. borrowed cash from bank on a long-term note, 205,000. h. received cash on account, 130,000. i. issued additional shares of stock for cash, 635,000. j. paid cash for prepaid expenses, 15,000.

Which stage of group development involves members introducing themselves to each other?

How many months does the federal budget usually take to prepare