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velikii [3]
2 years ago
15

Terri owns a computer repair shop. Her revenue at the end of last month was $8,000. What is Terri's Run Rate?

Business
2 answers:
777dan777 [17]2 years ago
5 0

Answer:

96,000

Explanation:

took the test

Katen [24]2 years ago
4 0

Based on the information given Terri's Run Rate is $96,000.

<h3>Run rate</h3>

Using this formula

Run rate=Revenue for the Period × Number of months in a year

Where:

Revenue for the Period =$8,000

Number of months in a year=12 months

Let plug in the formula

Run rate=$8,000×12 months

Run rate=$96,000

Inconclusion Terri's Run Rate is $96,000.

Learn more about run rate here:brainly.com/question/26822187

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A new car sells for $25,000. At the end of the season, the dealership advertises 10% off the retail price of the car. What is th
Zigmanuir [339]

Answer:

= $22,500

Explanation:

The current value of the car: $25,000

at the end of the season: less by ten per cent.

Calculating 10 per cent of $ 25,000.00

= 10/100x25,000= $ 2500 0r 0.1 x $ 25,000.00

new price =$ 25,000 -$ 2500= 22500

 = $22,500

3 0
3 years ago
When China reformed state-owned enterprises, it tried a new approach to choosing managers: it put managerial jobs up for auction
Dahasolnce [82]

Answer:

True

Explanation:

Information asymmetry occurs when one of the two parties in a transaction has more information than the other. This causes the person that has the least information to likely make bad decisions.

In the question, we have an example of information asymmetry: incumbent managers simply have more information about the companies, because they have actually worked in managing them.

Outside managers, while as qualified as incumbent managers, do not have as much information about the companies, because they have not actually worked there.

3 0
3 years ago
A company reported net income of $9,660,000 for the year. There were 4.1 million shares of common stock outstanding at the begin
Anastaziya [24]

Answer:

$2.30

Explanation:

Total shares of common stock = 4,100,000 + 4,300,000 = 8,400,000

Weight of the beginning of the year common stock = 4,100,000 ÷ 8,400,000 = 0.49, or 49%

Weight of the ending of the year common stock = 4,300,000 ÷ 8,400,000 = 0.51, or 51%

Weighted average share outstanding = (4,100,000 × 49%) + (4,300,000 × 51%) = 4,202,000

EPS = Net income ÷ Weighted average share outstanding = $9,660,000 ÷ 4,202,000 = $2.30

6 0
3 years ago
Suppose you purchase eight call contracts on Macron Technology stock. The strike price is $70, and the premium is $4. If, at exp
valina [46]

Answer:

$5,600

Explanation:

The computation of the call options worth is shown below:

= (Stock selling price - strike price) × size × number of contracts purchased

= ($77 per share - $70 per share) × 100 × 8 call contracts

= $7 per share × 100 × 8 call contracts

= $5,600

We assume the size is 100

All other information which is given is not relevant. Hence, ignored it

5 0
3 years ago
You can now sell 70 cars per month at $35,000 per car, and demand is increasing at a rate of 4 cars per month each month. What i
Eduardwww [97]

Answer:

the fastest we could drop your price before your monthly revenue starts to drop is $2,000

Explanation:

Data provided in the question:

Cars sold per month, Q =  70 cars

Price of each car, P = $35,000

Rate of increase in demand, \frac{dQ}{dt} = 4 cars per month

Now,

Revenue, R = Price(P) × Quantity (Q)

Thus,

When monthly revenue starts to drop i.e \frac{dR}{dt} < 0

⇒ \frac{dR}{dt} = \frac{d(PQ)}{dt} < 0

or

⇒ P\frac{dP}{dt}+Q\frac{dQ}{dt} < 0

or

⇒ 70\times\frac{dP}{dt}+35,000\times4 < 0

or

⇒ 70\times\frac{dP}{dt} < - 140,000

or

\frac{dP}{dt} < - 2,000

Hence,

the fastest we could drop your price before your monthly revenue starts to drop is $2,000

7 0
3 years ago
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