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Sedbober [7]
1 year ago
6

Assuming conventional supply and demand curves changes in the determinants of supply and demand will?

Business
1 answer:
AysviL [449]1 year ago
4 0

Answer:Assuming conventional supply and demand curves, changes in the determinants o…

A. in all likelihood alter both equilibrium price and quantity.

B. alter equilibrium quantity, but not equilibrium price...

✓ A

Explanation:

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Baxley Brothers has a DSO of 17 days, and its annual sales are $6,570,000. What is its accounts receivable balance? Assume that
Anna71 [15]

Answer:

Accounts receivable balance=$306,000.

Explanation:

Given Data:

DSO=17 days

Annual sales=$6,570,000

Number of days in year=365 days

Required:

Accounts receivable balance=?

Solution:

DSO=\frac{Account\s receivable}{Average\ Sales\ Per\ Day}

Average sales per day:

Average\ sales\ Per\ day=\frac{Annual\ Sales}{Days\ In\ year}\\ Average\ sales\ Per\ day=\frac{\$6,570,000}{365}\\ Average\ sales\ Per\ day=\$18,000

Calculating account receivable:

Account\ receivable=DSO*Average\ sales\ Per\ day\\Account\ receivable=17*\$18,000\\Account\ receivable=\$306,000

Accounts receivable balance=$306,000.

6 0
3 years ago
What is the relationship between a perfectly competitive firm's marginal cost curve and its supply curve?
julsineya [31]

Answer:

C) A firm's marginal cost curve is equal to its supply curve for prices above average variable cost

Explanation:

A perfectly competitive firm maximizes its profit when its marginal cost = marginal revenue. In the short run, it will continue to produce even if the marginal revenue is lower than its marginal costs, as long as the marginal costs are ≥ average variable costs.

Therefore, all perfectly competitive firms should supply products or services following its marginal cost curve as long as the price ≥ average variable costs.

8 0
4 years ago
A low credit score can lead too?
oksian1 [2.3K]

Answer:

Dept

you can loose errythang

no loans

Explanation:

3 0
3 years ago
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You have been given this probability distribution for the holding period return for KMP Stock State of the Economy Boom Normal R
Hunter-Best [27]

Answer: The answer is a

Explanation:

Using the formula

Expected Rate of Return = ∑(i =1 to n) Ri Pi

Where Ri = Return in scenario 1

Pi = Probability for the return in scenario 1

i = Number of scenario

n = Total number of probability and Return

P1=30

R1 = 18

P2 = 50

R2 =12

P3 = 20

R3 =-5

Expected Gain =(30 ×18) + (50 × 12) + ( 20 × -5)

= 540 + 600 + - 100

= 1,040

= 1,040 ÷ 100

= 10.4%

7 0
4 years ago
Name seven things needed for manufacturing
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2. Identify Skills and Background
3. Know Your Audience
4. Research
5. Types of Products
6. Advertising
7. Budget
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