Answer:
b) third-degree price discrimination.
Explanation:
The price gouging happens on prices when is carried out by the seller, goods, services or goods to a higher level than what is considered acceptable or fair and potentially considered unethically. This usually occurs after a demand or supply shock. Common examples include price increases for basic needs after hurricanes or other natural disasters.
First-degree discrimination (perfect price discrimination) appears when a business charges the maximum possible price for each unit consumed because prices are diverse among some units. In this case, where a company charges a different price for every good or service sold.
Second-degree price discrimination is the concept in which a company charges a different price when there are demands for different quantities consumed, such as quantity discounts on bulk purchases.
Third-degree price discrimination is the case in which a company charges a different price to different consumer groups. This is the type of most common type of price discrimination. If we see in the question there is given distinctive ticket price offers to senior citizens and/or students. That’s why we should choose third-degree price discrimination.
Purchasing better tools for workers to perform their jobs
Answer:
The price does the dividend-discount model predict Colgate stock should sell for today is $66.47
Explanation:
In order to calculate the price does the dividend-discount model predict Colgate stock should sell for today we would have to calculate first the Present value of dividend of next 5 years as follows:
Present value of dividend of next 5 years as follows=
Year Dividend Discount factor Present value
a b c=1.085^-a d=b*c
1 $ 1.62 0.921659 $ 1.49
2 $ 1.74 0.849455 $ 1.48
3 $ 1.86 0.782908 $ 1.46
4 $ 1.98 0.721574 $ 1.43
5 $ 2.10 0.665045 $ 1.40
Total $ 7.25
Then, we have to calculate the Present value of dividend after 5 years as follows:
Present value of dividend after 5 years=D5*(1+g)/(Ke-g)*DF5
Present value of dividend after 5 years=$2.10(1+6%)/(8.50%-6%)*
0.665045
Present value of dividend after 5 years=$59.22
Current value of stock=Present value of dividend of next 5 years+ Present value of dividend after 5 years
Current value of stock= $7.25+$59.22
Current value of stock=$66.47
The price does the dividend-discount model predict Colgate stock should sell for today is $66.47
Answer:
So, accounting rate of return = 33 %
Explanation:
given data
net income after tax = $179,850
initial cost = $545,000
time = 7 year
salvage value = $34,000
we will get here the accounting rate of return
solution
as we know that accounting rate of return is express as
accounting rate of return = Net income ÷ initial investment .................1
put here value and we get
accounting rate of return =
So, accounting rate of return = 33 %
Answer:
Gross profit= 131,500
Explanation:
Giving the following information:
Last quarter, RP Enterprises earned $220,000 in sales revenue and had $90,000 cost of goods sold (at standard). RP also experienced these variances: Materials price: $2,400 F Materials quantity: $1,400 U Labor price: $2,000 U Labor quantity: $1,000 F Overhead: $1,500 F
To calculate the cost of goods sold, we use actaul costs and quantity of direct labor and direct materials. Therefore, the only estimated cost is overhead.
Gross profit= 220,000 - 90,000 + 1,500= 131,500