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3 years ago

I am Stuck Please Help

Business

1 answer:

Dovator [93]3 years ago

7 0

Answer:

Explanation:

In other words, the higher the price, the lower the quantity demanded. The amount of a good that buyers purchase at a higher price is less because as the price of a good goes up, so does the opportunity cost of buying that good.

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The condensed product-line income statement for Rhinebeck Company for the month of October is as follows:

Sonja [21]

Answer:

Mufflers should be continued (Alternative 1)

Explanation:

Preparation of a differential analysis dated to determine if Mufflers should be continued (Alternative 1) or discontinued (Alternative 2).

DIFFERENTIAL ANALYSIS

Continued (Alternative 1); Discontinued (Alternative 2); Differential effect on income Alternative 2)

October 31

Revenue $45,000 $0 ($45,000)

Costs:

Variable cost of goods sold ($21,600) $0 $21,600

[$27,000*(1-20%)]

Variable selling and administrative expense

($17,500) $0 $17,500

[$25,000*(1-30%)]

Fixed income ($12,900) ($12,900) $0

[($27,000*20%)+($25,000*30%)]

Income(Loss) ($7,000) ($12,900) ($5,900)

Based on the above Differential Analysis MUFFLERS SHOULD BE CONTINUED reason been that the income will decrease by $5,900 if Mufflers discontinued.

7 0

3 years ago

"the number of items in a product line represents the __________ and the total number of product lines a company carries repres

V125BC [204]

The number of items in a product line represents the product line length and the total number of product lines a company carries represents the product width mix. Product line is a group of products that are related because they are marketed through the same types of outlets, falls within given price ranges, functions in a similar manner and are sold to the same customer groups.

6 0

4 years ago

Driver Products recently paid its annual dividend of $2, and reported an ROE of 15%. The firm pays out 50% of its earnings as di

iragen [17]

Answer:

$29.70

Explanation:

Retention ratio = 1 - payout ratio

= ( 1 -0.5 )

= 0.5

Growth rate, g = ROE × Retention ratio

= 0.15 × 0.5

= 0.075

= 7.5%

Required return = Risk - free rate + [ Beta × (Market rate- risk-free rate) ]

= 2.5% + 1.44 × (11% - 2.5%)

= 14.74%

Intrinsic value = $\frac{\textup{D1}}{\textup{(Required return-Growth rate)
}}$

= $\frac{\textup{2}\times(1+0.075)}{\textup{(0.1474-0.075)
}}$

= 29.69 ≈ $29.70

5 0

3 years ago

Is coke and pepsi a duopoly

Nookie1986 [14]

Answer:

Rivalry between Coca-Cola and PepsiCo is not a form of warfare: it is a competitive oligopoly. We might even say it’s a duopoly because the two firms control almost the entire market for soda-flavoured colas.

Explanation:

5 0

2 years ago

Exercise 10-2 Straight-Line: Amortization of bond discount LO P2 Tano issues bonds with a par value of $180,000 on January 1, 20

Nitella [24]

Answer:

bonds' face value $180,000

coupon rate 8%, semiannual = 4%

maturity 3 years x 2 = 6 periods

market interest rate = 10% or 5% semiannual

the journal entry to record the issuance of the bonds:

January 1, 2017, bonds issued at a discount

Dr Cash 170,862

Dr Discount on bonds payable 9,138

Cr Bonds payable 180,000

the amortization of the bond discount should be $9,138 / 6 = $1,523 on every coupon payment.

Journal entry to record payment of first coupon:

June 30, 2017, first coupon payment

Dr Interest expense 8,723

Cr Cash 7,200

Cr Discount on bonds payable 1,523

6 0

3 years ago