Answer: ($2,000)
Explanation:
With S3 as the supply curve, the equilibrium price is $10.
With this being a Perfectly competitive market, the profit maximising quantity will be where Price which is the same as Marginal Revenue equals Marginal cost.
That quantity is 200 gallons a week.
At this same level, the Average Total Costs are $20.
Profit (Loss) = (Price - ATC) * Quantity
= (10 - 20) * 200
= ($2,000)
Answer: I would recommend Toyota to begin from Step 2,
Explanation:
Toyota should start from start at stage 2 assess the current reality so that they can move to stage 3 formulate a new grand strategy, implement the new strategy and maintain strategic control.
Toyota Strategy to focus on profit did not work out, the company ended up producing sub standard vehicles. Toyota should Assess the current reality and formulate a new Grand Strategy that will not only focus on profit .
Answer:
c. $16,000
Explanation:
Total cost of both products = $80,000
Units of product LF = 3000
units of product 1B = 7000
Selling price per unit of LF = $24
Selling price per unit of 1B = $8
Cost of 3000 units of LF
= (3000/10000) × 80000
= $24,000
If 3000 units cost $24,000
1000 units would cost
= (1000/3000) × 24000
= $8,000
If Turner sells 1000,
Revenue from the sale
= 1000 × 24
= $24,000
Gross profit from this sale = $24,000 - $8000
= $16,000
The right option is c. $16,000.
Answer:
a. $880.74
b. 13 years
Explanation:
a. Conversion ratio = Current Value of bond / Conversion price = 1,000 / 93.4 = 10.71
Conversion price of bond = 10.71 × 28.60 = $306.31
Coupon = Par value of bond * Coupon rate = $1,000 * 6.4% = $64
Present value of straight debt is calculated below:
Present Value = $64 × [1-(1+7.4%)^-30 / 7.4%] + [$1,000 / (1+7.4%)^30]
= $64*11.93 + $117.46
= $763.28 + $117.46
= $880.74
.
Therefore, the minimum value of bond is $880.74
b. Conversion ratio = 10.71
Current stock price = $28.6
Suppose number of year the stock will take to reach above $1,140 is t.
Conversion value = Current stock price * Conversion ratio*(1+10.8%)^t
$1,140 = $28.6 * 10.71 * (1.108)^t
(1.108)^t = 3.7218
t = 12.8145 year.
t = 13 years
Currently I am a family team member and over the summer I’m hoping to get a job at a local super market to start making money for myself
