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Brut [27]
3 years ago
5

The market for kiwis is in equilibrium at a price of $1.50 per pound. if the government imposes a price ceiling in the market at

a price of $1.60 per pound, then:
Business
1 answer:
Pepsi [2]3 years ago
3 0
Hi .10 i guess the answer
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The transactions listed below are typical of those involving New Books Inc. and Readers’ Corner. New Books is a wholesale mercha
ArbitrLikvidat [17]

Answer:

(A) Inventory increases by 595,000

(B) Inventory decreases by 14,500

(C) no effect

Inventory balance: 595,000 - 14,500 = 580,500

Explanation:

<u>We are asked for Readers' Corner</u>

(A) Reades purchase at 595,000 so we use this value. Reader has no informaiton about the cost of New Books.

(B) there is an allowance for 14,500 the inventory account will decrease immediately as it works with perpetual invnetory method

(C) no effect. The payment do not alter the invnetory valuation.

5 0
4 years ago
Consider a risky portfolio. The end-of-year cash flow derived from the portfolio will be either $80,000 or $200,000, with equal
Bingel [31]

Answer:

Required:

a. If you require a risk premium of 9%, how much will you be willing to pay for the portfolio?

b. What is the price you will be willing to pay now?

8 0
3 years ago
Baseball Corporation is preparing its cash budget for January. The budgeted beginning cash balance is $19,100. Budgeted cash rec
N76 [4]

Answer: $13,700

Explanation:

From the question, we are informed that Baseball Corporation is preparing its cash budget for January. The budgeted beginning cash balance is $19,100. Budgeted cash receipts total $188,500 and budgeted cash disbursements total $190,200. The desired ending cash balance is $31,100.

To attain its desired ending cash balance for January, the company should borrow $13,700.

The solution has been attached.

4 0
3 years ago
A museum wishes to display five paintings next to one another on a wall. in how many ways may this be done?
Degger [83]
Many ways... sorry 'im not completely sure
5 0
3 years ago
A worker wants to set aside some money for retirement, hoping to live off the interest income. If the interest rate is 8% and th
mart [117]

Answer:

$25,000

Explanation:

Assuming it is to be perpetuity. Amount to be saved = P/I

Amount to be saved = Annual interest amount / Annual interest rate

Amount to be saved = $2,000/8%

Amount to be saved = $2,000/0.08

Amount to be saved = $25,000

So, the worker should save $25,000 before retirement if he wishes to draw interest of $2,000 per year.

4 0
3 years ago
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