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2 years ago

Three individuals, Mary, Jack and Helen, make up the total demand for donuts per month in a particular market.

Business

1 answer:

Paraphin [41]2 years ago

5 0

The market demand curve would be 1000 - 0.125Q.

<h3>How to calculate the demand curve?</h3>

It should be noted that the market demand curve will be the sum of the individual demand curve.

The market demand curve will be calculated thus. Mary’s demand curve is 5P = 5000 – 1.25QM. Here, p = 1000 - 0.25QM

Jack’s demand curve for donuts is given by P = 1000 – 0.5QJ. Helen’s demand curve is given by QH = 2000 – 2P. This will be P = 1000 - 0.5QH.

The slope will be:

= 0.5 × 0.25

= 0.15

The demand function of Jack and Helen are the same. The demand curve will be 1000 - 0.125Q.

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3 years ago

Tomkat Corp. has only a single asset. This asset generates operating cash flow of $300,000 per year, in perpetuity. Tomkat also

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$1,800,000

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3 years ago

Albert purchased a tract of land for $140,000 in 2017 when he heard that a new highway was going to be constructed through the p

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Answer:

The amount of loss that Albert can claim in 2020 is limited to:

= $3,000.

Explanation:

a) Data and Calculations:

2017 Purchase cost of the tract of land = $140,000

Speculated price of the land = $200,000

Highway engineers-determined value = $180,000

2020 Value of the land after the project was abandoned = $100,000

The total amount of capital loss = $40,000 ($140,000 - $100,000)

The total amount of capital loss that Albert can claim in any tax year is limited to $3,000. The remaining amount of the capitalloss that he incurred in 2020 will be carried forward.

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3 years ago

On October 1, 2018, Renfro Company purchased to hold to maturity, 4,000, $1,000, 9% bonds for $3,960,000 which includes $60,000

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Answer:

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First we will calculate the face value:

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Purchase Price=$3,960,000-$60,000

Purchase Price=$3,900,000

Total months=100 months

Straight line Discount amortization= (Face Value-Purchase Price)/Total Months

Straight line Discount amortization=($4,000,000-$3,900,000)/100

Straight line Discount amortization=$1,000

Discount Amortization=Straight line Discount amortization*Discount months

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Discount Amortization=$3,000.

Carrying Value=Purchase Price+Discount Amortization

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7 0

4 years ago