If TC = 1,500 + 7

question 35

Multiple Choice

If TC = 1,500 + 7.5Q + Q², the cost function for ATC is ATC = ____.

• A) 1,500/Q
• B) 7.5 + Q
• C) 1,500/Q + 7.5 + Q
• D) Q

---

Definitions:

Year-End

The end of an accounting period, either the calendar year or a company's fiscal year, at which time various financial statements are prepared.

Cash Flow Ratios

Financial metrics used to assess how efficiently a company generates cash to pay its debt obligations and fund its operating expenses.

Operations to Sales

A financial ratio used to analyze a company's operational efficiency by comparing its operating income to its net sales.

Operations to Net Income

An analysis or measure that illustrates how operating activities contribute to a company's net income.