1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
laila [671]
2 years ago
10

Using the picture of the supply and demand curves below, identify the point which

Business
1 answer:
Doss [256]2 years ago
8 0

Answer:

c is the correct represent the equilibrium price if I am not wrong

Explanation:

<em>sry </em><em>if </em><em>I </em><em>a</em><em>m</em><em> </em><em>wrong</em>

You might be interested in
Your local toy store just announced that it will pay a $4 dividend next year, $3 the following year, and then a final liquidatin
topjm [15]

Answer:

It would sell for 761.49 dollars

Explanation:

Generally, stock prices are determined on stock market based on supply and demand mechanism. However, according to the discount dividend model present value of stock could be calculated as dividend per share/(cost of capital equity-growth rate). Growth rate between year 1 and 2 is 3-4/4 equals to -0.25%. From year 2 until year 3 it is 46-3/3 equals to 14.33%. Now we can take arithmetic average of these two and we get 7.04%( 14.33-0.25/2). Finally share could sell today for 46+3+4/(14-7.04%) equals to 761.49 dollars

8 0
2 years ago
Income statement data for Huffman Pharmaceuticals are provided below. Income Statements 12/31/201712/31/2016 Sales Revenue$598,0
koban [17]

Answer:

Huffman Pharmaceuticals

The percentage that should be assigned to Gross Profit, using trend analysis, is:

= 42%.

Explanation:

a) Data and Calculations:

Income Statements           12/31/2017         12/31/2016

Sales Revenue                  $598,000          $724,000

Cost of Goods Sold             337,000            427,000

Gross Profit                          261,000            297,000

Operating Expenses            137,000             146,000

Operating Income               124,000              151,000

Other Income (Expense)      60,000              23,000

Income before Tax              184,000             174,000

Income Tax Expense             71,000              76,000

Net Income                         $113,000           $98,000

Income Statements           12/31/2017         12/31/2016

Sales Revenue                  $598,000          $724,000

Cost of Goods Sold             337,000            427,000

Gross Profit                          261,000            297,000

Ratio of Gross profit to

 Sales Revenue

2017 = $261,000/$598,000 * 100 = 43.65% =  44%

2016 = $297,000/$724,000 * 100 = 41%

Average Gross profit ratio for the two years = 42.5% (44 + 41)/2.

b) Huffman's trend analysis is the use of its past financial performance indices to predict its future financial performances.  Past performances are expressed in percentages, forming the basis for predicting and comparing future performances of an entity.

6 0
2 years ago
Total assets of Charter Company equal $700,000 and its equity is $420,000. What is the amount of its liabilities? b. Total asset
guajiro [1.7K]

Answer:

a. Total liabilities = $280,000

b. Total liabilities = $250,000

Total equity -= $250,000

Explanation:

As we know that

Total assets = Total liabilities + shareholder equity

So in the first case

The amount of the liabilities is

Total liabilities = Total assets - Total equity

                        = $700,000 - $420,000

                        = $280,000

And, in the second case, the total assets is $500,000

And, the liabilities and equity amounts are equal to each other

So in this case, the liabilities is $250,000 and the equity is $250,000

3 0
3 years ago
Project S has a cost of $11,000 and is expected to produce benefits (cash flows) of $3,400 per year for 5 years. Project L costs
Kipish [7]

Answer:

Project S = $672.48

Project L = $11,500

Explanation:

Net Present Value (NPV) Is Calculated by Taking the Present day (Discounted) Value of all future Net Cash flows based on the Business Cost of Capital and Subtracting the Initial Cost of the Investment.

Using a Financial Calculator NPV calculations will be as follows:

Project S

CF0 = ( $11,000)

CF1  = $3,400

CF2  = $3,400

CF3  = $3,400

CF4  = $3,400

CF5  = $3,400

i = 14 %

NPV = $672.48

Project L

CF0 = ( $23,000)

CF1  = $6,900

CF2  = $6,900

CF3  = $6,900

CF4  = $6,900

CF5  = $6,900

i = 14 %

NPV = $11,500.

5 0
3 years ago
Prepare journal entries to record each of the following sales transactions of a merchandising company. The company uses a perpet
Usimov [2.4K]

Answer: please find the explanation column for answers

Explanation:

journal entry to record the sales transaction of a merchandising company:

Date        Account                           Debit           Credit

Apr 1      Account receivables        $5,400

                   Sales                                                   $5,400

To record cost of goods sold

 Apr 1           Cost of merchandise sold       $3,240

          Merchandise inventory                                   $3,240

2. To record sales  return of goods.

Date        Account                           Debit           Credit

 Apr 4             Sales Return       $620.00  

  Account Receivable                                $620.00

Cost of merchandised returned

Apr 4  Merchandise Inventory        $372.00  

 Cost of Goods Sold                                     $372.00

3.To Record Sales made from merchandise

Date        Account                           Debit           Credit

Apr 8      Account Receivable $2,200.00  

                     Sales                                             $2,200.00

To Record cost of merchandise Sold

Apr 8    Cost of Goods Sold             $1,540.00  

Merchandise Inventory                                        $1,540.00

 

4.Journal to record payment received from sales of merchandise

Date        Account                           Debit                Credit

Apr 11     Cash                   $4,780.00  

Account receivable                                            $4,780.00

Calculation

Amount due from Apr 1 st sale less than return on April 4 =Account receivables - Sales Return=   $5,400- $620=$4,780.00

4 0
3 years ago
Other questions:
  • A questionnaire was given to students. the first question asked was​ "how stressed have you been in the last week on a scale of
    15·1 answer
  • GDP, or Gross Domestic Product is (most precisely) defiend as Your answer: value of all final goods and services produced for th
    14·1 answer
  • ________ are special incentives or excitement-building programs that encourage consumers to purchase a particular product, often
    14·1 answer
  • Which of the following financial institutions has a membership requirement?
    13·2 answers
  • Leon Georges works in the warehouse for a manufacturer of air-purification systems. He is responsible for the transportation of
    15·1 answer
  • The desire to own something and the ability and willingness to pay for it
    10·1 answer
  • On October 5, your company buys and receives inventory costing $5,000, on terms 2/30, n/60. On October 20, your company pays the
    5·1 answer
  • If happiness was money, what would your job be?​
    12·2 answers
  • Business can handle risks through which of the following
    6·2 answers
  • In two or three sentences, describe how you would use some of the budgeting tools to help manage your money.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!