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3 years ago

If a new source of lumber is found, what is likely to happen to the price of

Business

1 answer:

lys-0071 [83]3 years ago

3 0

Answer:

B. The price is likely to decrease because supply has increased.

Explanation:

A new source of lumber represents increased supply. According to the laws of supply and demand, an increase in supply leads to a decrease in prices.

The current market price is the equilibrium price. It is the price that buyers are willing to pay for the quantity that suppliers are offering in the market. In other words, It is the meeting point between the supply and demand-sides in the market. A new source of lumber will increase the supply side, resulting in the curve shift in the supply curve. A new equilibrium with a lower price will be formed in the market.

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ou own a portfolio that is 30 percent invested in Stock X, 20 percent in Stock Y, and 50 percent in Stock Z. The expected return

mixer [17]

Answer:

The expected return on the portfolio is:

= 13.2%

Explanation:

a) Data and Calculations:

Portfolio

Stock Percentage Expected Weighted

Holding Returns Returns

Stock X 30% 11% 3.3%

Stock Y 20% 17% 3.4%

Stock Z 50% 13% 6.5%

Total 100% 13.2%

b) The expected return on the portfolio is the addition of the weighted returns from each investment. The weighted returns are obtained by multiplying the percentage holding of each stock with its expected returns.

3 0

3 years ago

Language that outlines acceptable and unacceptable use of it resources and defines sanctions to be applied if a violation occurs

SashulF [63]

Language that outlines acceptable and unacceptable use of it resources and defines sanctions to be applied if a violation occurs is typically found in an employee code of conduct. Typically, when a person gets hired on at a new job, the new job will give them an employee code of conduct book that states what is and isn't allowed. The code will state what an employee does that will be deemed acceptable and what they can do to make sure they stay in the outlined rules.

3 0

3 years ago

A company began a new development project in 2017. The project reached technological feasibility on June 30, 2018, and was avail

o-na [289]

Answer:

$818,935

Explanation:

Percentage of-revenue method:

$4,000,000

($4,000,000 + 6,500,000) = $10,500,000

Hence;

$4,000,000/$10,500,000

= 38.09 %

Amortization = 38.09% ×$2,150,000

= $818,935

Therefore the amortization of the software development costs would be $818,935

8 0

3 years ago

Usually, most of an adult's income comes from

Zigmanuir [339]

JOBS ARE THE SOURCE OF INCOME

5 0

3 years ago

Rasmussen Corporation expects to incur indirect overhead costs of $80,000 per month and direct manufacturing costs of $12 per un

vovikov84 [41]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Rasmussen Corporation expects to incur indirect overhead costs of $80,000 per month and direct manufacturing costs of $12 per unit. The expected production activity for the first four months of 2017 is as follows: January February March April Estimated production in units 6,000 7,000 3,000 4,000

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

January:

Estimated manufacturing overhead rate= (80,000/6,000)+12= 25.33 per unit

February:

Estimated manufacturing overhead rate= $23.43

March:

Estimated manufacturing overhead rate= 38.67

April:

Estimated manufacturing overhead rate= $32

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

January= 6,000*25.33= $151,980

February= 7,000*23.43= $164,010

March= 3,000*38.67= 116,010

April= 4,000*32= $128,000

8 0

3 years ago