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Butoxors [25]
3 years ago
5

If the equilibrium quantity demanded for a new sports watch is 900 truckloads of watches and the equilibrium price is $70 per wa

tch then a drop in the price of watches to $40
Business
1 answer:
IrinaVladis [17]3 years ago
8 0
This item is asking us to determine the number of truckloads of watches that needs to be manufactured in order to reach equilibrium. If we let x be the number of watches then, the equation that would best describe the given is,
                                    (900)(70) = (x)(40)
The value of x from the equation is 1575. Thus, the company needs to manufacture 1575 watches. 

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Bo's Home Manufacturing has 410,000 shares outstanding that sell for $46.86 per share. The company has announced that it will re
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Answer:

The correct answer is $46.86.

Explanation:

According to the scenario, the computation of the given data area as follows:

Shares outstanding = 410,000

Value per share = $46.86

So, total value of outstanding shares = 410,000 × $46.86 = $19,212,600

Repurchase share value = $61,000

So, Number of shares repurchased = $61,000 ÷ $46.86 = 1301.7 shares

So, outstanding shares = 410,000 - 1301.7 = 408,698.3 shares

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What does it mean when your grandmother say's a dollar doesn't as far as it used to
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8 0
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Select the correct answer from each drop-down menu.
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During its first month of operations, Neptune Company (1) borrowed $200,000 from a bank, and then (2) purchased an equipment cos
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Explanation:

the journal entries would be:

Dr Cash 200,000

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Dr Equipment 80,000

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Dr Merchandie inventory 60,000

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Assets:

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8 0
3 years ago
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