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Anna35 [415]
3 years ago
5

As the only store to design and sell curtains in the suburb of Oakland, the merchandise sold by Plush Parade is overpriced. Noti

cing this, Diana's Draperies sets up a showroom in the same suburb, reasoning that with lower prices, they would be able to attract more customers. Diana's Draperies is Plush Parade's _____.
A. partner
B. distributor
C. competitor
D. processor
E. franchiser
Business
1 answer:
Nat2105 [25]3 years ago
5 0

Answer: (C) Competitor

Explanation:

  According to the given question, Diana's Draperies is basically plush parade's competitors as Diana's Draperies noticing the business of Plush Parade that they designing and then selling the curtains to the customers.  

So, they started the same business of Curtains designing and by using the business strategy they start selling the same product at lower price for the purpose of attracting the customers or users in the market.

 The competitors is the rival of each other in the business and they usually offering the same products in the market for attracting the consumers in low price for establishing their business.

 Therefore, Option (C) is correct answer.

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An investment has the following cash flows and a required return of 13 percent. Based on IRR, should this project be accepted? W
Ganezh [65]

Answer:

 B. No; The IRR is less than the required return by about 1.53 percent

Explanation:

The internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested.

The IRR can be calculated using a financial calculator:

Cash flow in year zero = -$42,000

Cash flow in year one = 15,300

Cash flow in year two = 28,400

Cash flow in year three = 7,500 

IRR = 11.47%

A project should be chosen if the IRR is greater than the required return

The IRR is less than the required return so the project should be rejected.

To find the IRR using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.

I hope my answer helps you

6 0
3 years ago
If the economy is initially at long-run equilibrium and aggregate demand declines, then in the long run the price level
torisob [31]

Answer:

(D) is the same and output is lower than in the original long-run equilibrium.

Explanation:

In the long term the prices are flexible. They adapt to the new situation of a decrease in the demand. This is consistent with with a lower output, consecuences of the decreasing in the demand.

7 0
3 years ago
"$1,750,000 on July 1. The company expects to mine ore for the next 10 years and anticipates that a total of 400,000 tons will b
IgorLugansk [536]

The question is incomplete. Here is the complete question.

The Weber Company purchased a mining site for $1,750,000 on July 1. The company expects to mine ore for the next 10 years and anticipates that a total of 400,000 tons will be recovered. The estimated residual value of the property is $150,000. During the first year, the company extracted 6,500 tons of ore. The depletion expense is

Answer:

$26,000

Explanation:

Weber company purchases a mining site for $1,750,000

The company is expected to mine ore for a period of 10 years

A total of 400,000 tons is expected to be recovered

The estimated residual value of the property is $150,000

During the first year, the company extracts 6,500 tons

Therefore, the depletion expense can be calculated as follows

Depletion expense= Actual number of tons that was extracted/Total number of tons to be extracted during the working period × (Original cost of the site-residual value)

= 6,500 tons/400,000 tons × ($1,750,000-$150,000)

= 0.01625 × $1,600,000

= $26,000

Hence the depletion expense is $26,000

3 0
3 years ago
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