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1 year ago

suppose that when the price of hamburgers decreases, the ruiz family increases their purchases of ketchup. to the ruiz family,

1 answer:

4 0

Suppose that when the price of hamburgers decreases, the ruiz family increases their purchases of ketchup. to the ruiz family: hamburgers and ketchup are complements.

<h3>What is complementary goods ?</h3>

Complementary goods can be defined as those goods or product that complement each others because they add value to each others or goods that are combine or use together by consumer or end user.

Hamburgers and ketchup are complementary goods based on the fact that the demand for ketchup increases when the price of hamburgers decreases.

Therefore suppose that when the price of hamburgers decreases, the ruiz family increases their purchases of ketchup. to the ruiz family: hamburgers and ketchup are complements.

Learn more about Complementary goods here:

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Which of the following statements regarding the direct and indirect methods of reporting cash flow from operating activities is

erica [24]

Answer:

a) although both methods result in the same net increase or decrease in cash for the year, net cash flow from operating activities will be different under the two methods

Explanation:

Using the indirect method, computation of cash flow from operating activities begins with net income as shown in the income statement. The FASB also permits both methods but has expressed a preference for the direct method and the direct method shows the specific cash inflow and outflows for each operating activities of the business.

This option that does not align with the differences between the 2 methods is that the cash flow reported under direct and indirect method for operating activities would always remain the same notwithstanding the method used.

3 0

3 years ago

The Whistling Straits Corporation needs to raise $70 million to finance its expansion into new markets. The company will sell ne

viktelen [127]

Answer:

2,557,065 shares

Explanation:

Offer price = $30 per share

Underwriters Charge : 8%

If the company's underwriters sells new shares at the $30 per share issue price, Whistling straits corporation will receive:

offer price x (1 - underwriters charge)

= $30 × (1 - 0.08) = $27.60

The number of shares that needs to be sold will be:

$\frac{amount needed + administrative expenses}{27.60}$

$\frac{70,000,000 + 575,000}{27.60}$

= 2,557,065.217

≈ 2,557,065

Therefore number of shares to be issued will be = 2557065 shares

7 0

3 years ago

You have $100,000 to invest in either Stock D, Stock F, or a risk-free asset. You must invest all of your money. Your goal is to

sergiy2304 [10]

Answer:

You will invest <u>$18,000</u> in Stock F.

Explanation:

This can be calculated using the portfolio return formula as follows:

PR = (wD * rD) + (wF * rF) + (wR * rR) ............................ (1)

Where;

PR = Portfolio expected return = 10.7%, or 0.107

wD = Weight of the amount invested in Stock D = Amount invested in Stock D / Total amount invested = $50,000 / $100,000 = 0.50

rD = Expected Return from Stock D = 14.2%, or 0.142

wF = Weight of the amount invested in Stock F = Amount invested in Stock F / Total amount invested = ?

rF = Expected Return from StocK F = 10.1%, or 0.101

wR = Weight of the amount invested in risk free = 1 - wD - wF = 1 - 0.50 - wF = 0.50 - wF

rR = Expected Return from Risk free = 5.6%, or 0.056

Substitute all the values into equation (1), we have:

0.107 = (0.50 * 0.142) + (wF * 0.101) + ((0.50 - wF) * 0.056)

0.107 = 0.071 + (wF * 0.101) + ((0.50 * 0.056) - (wF * 0.056))

0.107 - 0.071 = (wF * 0.101) + 0.028 - (wF * 0.056)

0.036 - 0.028 = (wF * 0.101) - (wF * 0.056)

0.008 = wF(0.101 - 0.056)

0.008 = wF0.045

wF = 0.008 / 0.045

wF = 0.18

Since,

wF = Amount invested in Stock F / Total amount invested

We then substitute and solve for Amount invested in Stock F as follows:

0.18 = Amount invested in Stock F / $100,000

Amount invested in Stock F = 0.18 * $100,000 = $18,000

Therefore, you will invest <u>$18,000</u> in Stock F.

8 0

3 years ago

Lucy and Fred want to begin saving for their baby's college education. They estimate that they will need $120,000 in eighteen ye

dezoksy [38]

Answer:

$4,265.55

Explanation:

Future value = $120,000

Interest rate (i) = 5%

Annual deposit = ?

Time period (n) = 18 year

Since deposit are to be made at the beginning of each year, hence the relevant factor table to be used is future value annuity due factor table.

Future value = Annual deposit x future value annuity due factor (i%, n)

120,000 = Annual deposit x FVADF (5%, 18period)

120,000 = Annual deposit x 28.13238

Annual deposit = 120,000/28.13238

=$4,265.547

=$4,265.55

4 0

3 years ago

This software application can be used to organize, analyze, and illustrate data.

PSYCHO15rus [73]

Answer:

its Excel :)

Explanation:

I learned abt it

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3 years ago

suppose that when the price of hamburgers​ decreases, the ruiz family increases their purchases of ketchup. to the ruiz​ family,

suppose that when the price of hamburgers decreases, the ruiz family increases their purchases of ketchup. to the ruiz family,