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3 years ago

The Sugar Sweet Company will choose from two companies to transport its sugar to market. The first company charges

Business

1 answer:

Harlamova29_29 [7]3 years ago

5 0

Answer:

Both will charge $6,904 when they transport 16 tons of sugar.

Explanation:

The amount of sugar to be transported is S, since we need to calculate at which amount of sugar both truck companies charge the same total price, we need to solve the following:

first company charges $4,500 + $150.25 S

second company charges $3,696 + $200.50 S

since both companies will charge the same total amount, then

$4,500 + $150.25 S = $3,696 + $200.50 S

$4,500 - $3,696 = $200.50 S - $150.25 S

$804 = $50.25 S

$804 / $50.25 = S

S = 16

$4,500 + ($150.25 x 16) = $4,500 + $2,404 = $6,904

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seraphim [82]

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2 years ago

The advantages of using a licensing strategy to participate in foreign markets include.

PtichkaEL [24]

Answer:

The advantages of using license strategy are given below.

Well suited to acheive scale of economies.
Its helps in charging lower price than rivals.
Helps to achieve first-mover advantages quickly and easily.
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3 years ago

You short sold 500 shares of Jasper stock at $41 a share at an initial margin of 60 percent. What is the highest the stock price

avanturin [10]

Answer:

$Px = \frac{[(N*P) +(N*P*M1]/N}{1+ M2}$

And if we replace we have this:

$Px =\frac{[(500*41) +(500*41*0.6]/500}{1+ 0.4}$

$Px= 46.857 \ approx 46.86$

So then the highest the stock price can go before you receive a margin call if the maintenance margin is 40 percent is $ 46.86.

See explanation below.

Explanation:

For this case we define the following notation:

N= 500 represent the number of stocks for JAsper

P = 41 represent the stock price

M1 = 60% = 0.6 represent the initial margin

Px represent the highest stock price the variable of interest for this case

M2= 40% or 0.4 represent the mainteneance margin

We can find the value of Px with the following formula on this case:

$Px = \frac{[(N*P) +(N*P*M1]/N}{1+ M2}$

And if we replace we have this:

$Px =\frac{[(500*41) +(500*41*0.6]/500}{1+ 0.4}$

$Px= 46.857 \ approx 46.86$

So then the highest the stock price can go before you receive a margin call if the maintenance margin is 40 percent is $ 46.86.

5 0

3 years ago

Information regarding the defined benefit pension plan included the following for 2018 ($ in millions): Plan assets, January 1 $

denis-greek [22]

Answer:

$10 million

Explanation:

We know that

Actual return can be found at using the formula:

Beginning balance ($70) + actual return (?) + contributions ($42) - retiree benefits paid ($17) = ending balance ($105) [in millions]

from the above formula after putting values can get the value of actual return as $10 million.

8 0

3 years ago

A machine with a cost of $162,000, current year depreciation expense of $25,000 and accumulated depreciation of $101,000 is sold

sammy [17]

Answer:

Amount reported in operating activities = $33,200

Explanation:

Given:

Cost of machine = $162,000

Accumulated depreciation = $101,000

Sales price = $52,800

Current year depreciation = $25,000

Computation:

Particular Amount

Cost of machine $162,000

<u>Less:</u><u> Accumulated depreciation $101,000</u>

<u>Book value of machine $61,000 </u>

Loss on sale[$61,000-$52,800 ] $8200

Amount reported in operating activities = Current year depreciation + Loss on sale

Amount reported in operating activities = $25,000 + $8200

Amount reported in operating activities = $33,200

5 0

3 years ago