Answer:
A.
Explanation:
The demand for some of products have a relationship, where the quantity demanded for one product depends somehow on the prices of both.
If two goods are substitutes, an increase in the price of one increases the demand of the other.
The demand for brand A depends on its price and also in the price of its main competitor.
In this case, shotgun-shell and shotgun-shell ammunition are substitutes.
Answer:
14.82%
Explanation:
initial investment = $1,000
annual coupon = $140 (7 coupons received)
selling price = $1,090
the easiest way to determine the realized rate of return is to use a financial calculator or excel spreadsheet, and calculate the IRR: 14.82%
the cash flows are:
- -1000
- 140
- 140
- 140
- 140
- 140
- 140
- 1230
B) did not acquire the instrument in good faith
Answer:
B. Target market customers are essential factors for selecting business locations.
Answer and Explanation:
The computation of the predetermined overhead rate is shown below:
For Cutting department
= Variable manufacturing overhead per machine hour + (Total fixed manufacturing overhead ÷ machine hours)
= $2 + ($264,000 ÷ 48,000)
= $2 + $5.50
= $7.50
For finishing department
= Variable manufacturing overhead per direct labour + (Total fixed manufacturing overhead ÷ direct labor hours)
= $4 + ($366,000 ÷ 30,000)
= $4 + $12.20
= $16.20
