Answer:
$877.30
Explanation:
The cost of one table is $762.87
mark-up is 15% based on the selling price
If mark-up is 15%, then selling price will be 115 % of the cost.
Cost = $762. 87
$762.87 = 100 %
115% =762.87/100 x 115
=7.6287 x 115
=877.30
selling price will $877.30
Answer:The goal of a command economy is to create equality within a society. A central government makes all economic decisions in the command economy. A command economy denies the customs that guide a traditional economy. It determines what goods should be produced and how much should be the price.
Explanation:
Answer:
Timmy's accounting profit equals $7945 while his economic profit equals $3094
Explanation:
Accounting profit= $47000- $39055= $7945
Economic profit= $11,039 - $7945= $3094
Answer:
It depends but is highly probable that the stock price goes down either way
Explanation:
Explanation: A listed company that does not invest at least to keep the market growing pace, could be seen as company without ambition, therefore, more likely to lose market share against competitors, therefore to lose revenue, to lose present value and the stock price falls. Since the stock price of a company is based entirely on the value expectation of the company in the future, informing to the market that Alpha is not going to make any investment next year is the same that declaring company is expected to remain at the same size and operation levels than the current year. This view of stagnation is against the common belief that the market is growing naturally by population growth and the increasing capacities of the technology to unlock a new source of market growth (new product categories, geographies, needs).