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2 years ago

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What was the opening price of Dow Jones Industrial Average on May 16, 2017 in the format of XXXXX.XX?

1 answer:

Mila [183]2 years ago

4 0

The Opening price of the Dow Jones Industrial Average on May 16, 2017, in the format of XXXXX.XX was 20,984.48.

The Dow Jones Industrial Average, Dow Jones, or simply the Dow, is a stock market index of 30 prominent companies listed on stock exchanges in the United States.

So, Dow Jones was 20,984.48 on May 16, 2017.

To know more about Dow Jones, refer to:

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3 years ago

If a U.S.-based automobile parts supplier were to apply a global mind-set to its internal analysis, it would: a. review sales da

Stella [2.4K]

The correct option is, (d) study all of its internal resources with an understanding of which capabilities offer value to meet the needs of U.S., Japanese, European, and Korean automakers.

<h3>What will happen in theory if a company is able to align its strategy and structure?</h3>

A business is debating altering its organizational structure in order to capitalize on a consumer trend.
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Trademarks, goodwill, and patents are a few examples of intangible assets.

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IT strategy and business goals should be coordinated to ensure that everyone is on the same page and working toward the same objectives.
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6 0

2 years ago

Thornton, Inc., had taxable income of $128,267 for the year. The company's marginal tax rate was 35 percent and its average tax

valentinak56 [21]

Answer:

$30784.08

Explanation:

Taxable income can be refer to as the amount of income used to calculate how much tax an organisation owes to the government in a particular tax year.

Thornton Inc. had taxable income of $128,267 for the year

The company's marginal tax rate is 35 percent

The company's average tax rate is 24 percent

To know how much did the company have to pay in taxes for the year, we multiply the Taxable income by the Company Average tax rate for the year.

=$128,267 * 24%

=$128,267 * 0.24

=$30784.08

Thornton Inc will pay $30784.08 for the year.

8 0

3 years ago

The average ticket price for a concert at the opera house was $50. The average attendance was 2500. When the ticket price was r

Ber [7]

Answer:

The price per ticket should be $37.5

Explanation:

First we need to determine the change in demand (attendance) as a result of every $1 increase in the price of ticket.

The ticket price increased by $4 (from 50 to 54) and the demand fell by 400 (from 2500 to 2100). The change per dollar is, 400 / 4 = 100.

So, for every $1 increase in price, demand falls by 100.

The revenue is calculated by multiplying price by quantity demanded. Revenue equation will be,

Let x be the change in price from $50.

Revenue = (50 + x) * (2500 - 100x)

Revenue = 125000 - 5000x + 2500x - 100x²

Revenue = 125000 - 2500x - 100x²

To calculate the price that maximizes the revenue, we need to take the derivative of this equation.

d/dx = 0 - 1 * 2500x° - 2 * 100x

0 = -2500 - 200x

2500 = -200x

2500 / -200 = x

-12.5 = x

Price should be 50 - 12.5 = 37.5

At price $37.5 the revenue of the Opera House is maximized.

6 0

3 years ago

Flesch Corporation produces and sells two products. In the most recent month, Product C90B had sales of $23,490 and variable exp

Mars2501 [29]

Answer:

Contribution margin ratio = Contribution margin / Sales

Product C90B CMR = ($23,490 - $7,047) / $23,490 = $16,443 / $23,490 = 0.7 = 70%

Product Y45E CMR = ($34,800 - $13,920) / $34,800 = $20,880 / $34,800 = 0.6 = 60%

The rule, <em>the Higher the contribution margin ratio, the lower the Break-Even point. </em>So, if sales mix shifts to product C90B, overall Break-even point <u>Decreases</u>.

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3 years ago