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Papessa [141]
3 years ago
6

Suppose that Techno TV produces LCD televisions. At a price of $2,000 per television, Techno determines that its optimal output

is 3,000 television sets per week. If prices are sticky and fears of a recession reduce demand for LCD televisions, we would expect Techno to _________.a. raise prices in the short run to compensate for lost revenue. b. reduce output in the short run. c. reduce output in the long run. d. lower prices in the short run to offset the reduced demand
Business
1 answer:
prohojiy [21]3 years ago
3 0

Answer: The answer is b. Reduce output in the short run.

Explanation: In production, to determine the quantity of products to supply, the demand of the consumer plays a very vital role. This is because the consumer demand will determine the price at which a company will sell its products.

In the case of Techno above, they would do well to reduce the output in the short run, since demand has reduced, pending when the demand increases. This is because if they maintain their current output of 3000 TV sets per week, they will sell less units and their revenue (price x quantity sold) will be lower than their cost and this will lead to them incurring loss.

So until the recession scare passes, output should be reduced in the short run.

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Swifty Corporation’s April 30 inventory was destroyed by fire. January 1 inventory was $159,400, and purchases for January throu
Natali [406]

Answer:

$226,000

Explanation:

Ending Inventory As of April 30, is the ending inventory from January to April.

Opening inventory = $159,409

Purchases = $504,000

gross profit =35% of  $671,100

=0.35 x 671,000

=234,000

cost of goods sold = revenue - gross profit

=$671,100 - $234,000

=$437, 000

cost of goods sold = opening inventory + purchases- ending inventory

=$437, 000=  $159,409 +  $504,000- ending inventory

=$437,000= $663,409- ending inventory.

Ending inventory =  $663,409 - $437,000

=$226,000

7 0
3 years ago
Como que frecuencia debe llevarse el registro de ingresos y gastos? ¿porque?
goldfiish [28.3K]

Porque es importante mantener el seguimiento con mayor frecuencia para que usted o la persona sepa cuánto se ha gastado, cuánto queda, el costo, etc.<span>
</span>
4 0
3 years ago
A firm has 4,250 shares of stock outstanding with a market value of $16.65 a share, $64,800 of long-term debt with an interest r
liraira [26]

Answer: 1.50

Explanation:

Baeed on the information given in the question, the enterprise value multiple would be calculated as:

= [(4,250 × 16.65) + 64,800 - 5,200] / (213,000 - 126,200)

= 130,362.5 / 86,800

= 1.50 times

6 0
3 years ago
Which entry records the investment of cash by John, owner of a sole proprietorship?
mote1985 [20]
The answer is: D - Debit Cash; credit John, Capital.

Explanation:

The entry records the investment of cash by John, owner of a sole proprietorship is: Debit Cash; credit John, Capital.
4 0
3 years ago
Pharoah Company reported net income of $1.30 million in 2022. Depreciation for the year was $208,000, accounts receivable decrea
Jet001 [13]

Answer:

Net cash flow from operating activities

$1,599,000

Explanation:

Pharoah Company

Cash flow from operating activities :

Net income $1,300,000

Net Cash flow from operating activities:

Add depreciation $208,000

Add accounts receivable decreased $455,000

Less accounts payable decreased ($364,000)

Net cash flow from operating activities $1,599,000

7 0
3 years ago
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