Debit means increase and credit means decrease for all accounts. true false

Able, on behalf of Pix Corp., entered into a contract with Sky Corp., by which Sky agreed to sell computer equipment to Pix. Abl

Ludmilka [50]

Answer:

D) Pix must have knowledge of all material facts relating

Explanation:

If the contract is beneficial for Pix, then they will want to ratify it. Unless Sky is aware that Able was not authorized to sign contracts on behalf of Pix, they probably wouldn't even tell them about what really happened. Although, Pix will want to know all material facts relating to the contract at the time it is ratified in order to verify if it is really good for them.

7 0

3 years ago

Suppose two types of consumers buy suits. Consumers of type A will pay $100 for a coat and $50 for pants. Consumers of type B wi

n200080 [17]

Answer:

The firm will not sell any bundle, the amount of bundle to be sold will be zero.

Explanation

Solution

Since firm sells at $25 each for coats and pants, then If consumer wants to purchase both Pant and Coat, the customer will have to pay 25 + 25 = $50.

Also, If consumer purchase Pant and Coat as a Bundle then, he will pay 150. From the question stated we can conclude that their is a form of interest to pay for Pant and Coat for Both consumers are higher than 25.

However, they will have to pay an amount less for 1 coat and 1 pant if they buy this in a separate way instead of a Bundle.

We can say, that type of consumers (both) will not buy the pants and coat as a bundle, but will want to buy them separately.

Therefore, any bundle will not be sold by firm. the amount of Bundle sold will be known as a zero Bundle

5 0

3 years ago

31. A portfolio manager in charge of a portfolio worth $10 million is concerned that stock prices might decline rapidly during t

Angelina_Jolie [31]

Answer:

200

Explanation:

Base on the scenario been described in the question, the position required if the portfolio has a beta 1 is been calculated as follows .

number of contracts required is

Number of contract =10,000,000/(500×100)

Number of contract =10,000,000/50,000

Number of contract =200.

A long put position is needed because the contracts must provide a positive payoff when the market reduces.

6 0

3 years ago

CC’s is analyzing a proposed project with anticipated sales of 3,620 units, give or take 5 percent at a sales price of $24, plus

eimsori [14]

Answer:

The total variable cost will be $ 16 * 3620= $ 57920

Explanation:

CC

Analyzing Proposed Project

Given 1 2 3

Variable Increase ---- 10% 9.125% 9.125%

Fixed Decreased 6.97%

Sales price per unit $24 $24 $24 $24

Variable price per unit $ 14.6 $16.06 $ 16 $ 16

Fixed Costs $ 12900 12900 $ 12900 $ 12000

Sales Volume 3620 3620 3620 3620

We have taken the sale prices constant and changed the variable costs and fixed costs.

CC

Sensitivity Analysis Report

Given 1 2 3

Sales 86880 86880 86880 86880

Variable Costs 52852 58137.2 57920 57920

Contribution Margin 34028 28742.8 28960 28960

Fixed Costs 12900 12900 12900 12000

Operating Profit 21128 15482.8 16060 16960

Dollar Change in

Variable Expenses 5645.2 5068 5068

The total variable cost will be $ 16 * 3620= $ 57920

5 0

3 years ago

What law created the federal reserve system?

S_A_V [24]

Federal reserve act D

4 0

3 years ago