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3 years ago

A demand curve is built on the assumption that

1 answer:

6 0

Answer: A demand curve is built on the assumption that only the demand and price of the good/service will change.

Explanation: A demand curve is a graph that shows the change in how much demand may change if price of the good/service changes well. The graph helps connect the relationship between both price and demand

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My name marsh, ninja

Nataly_w [17]

Answer: NINJA IG you pick one lol

Explanation:

6 0

3 years ago

g The Morrit Corporation has $960,000 of debt outstanding, and it pays an interest rate of 8% annually. Morrit's annual sales ar

harina [27]

Answer:

6.21%

Explanation:

The computation of the times interest earned ratio is given below:

As we know that

Times interest earned ratio = EBIT ÷ Interest

Now for determining this, following calculations must be done:

The interest is

= $960,000 × 8%

= $76,800

Net profit

= Annual sales × net profit margin

= $6,000,000 × 0.05

= $300,000

Now the pre tax income is

= net income ÷ ( 1 - tax rate)

= $300,000 ÷ (1 - 0.25)

= $400,000

Now the EBIT is

= Pre tax income + interest expense

= $400,000 + $76,800

= $476,800

So, the TIE ratio is

= $476,800 ÷ $76,800

= 6.21%

3 0

3 years ago

Cost flow relationships The following information is available for the first year of operations of Creston Inc., a manufacturer

valina [46]

Answer:

a. Cost of goods sold = Sales - Gross profit

Cost of goods sold = $12,755,000 - $5,359,700

Cost of goods sold = $7,395,300

b. Direct Material Cost = Materials purchased - Indirect materials - Materials inventory

Direct Material Cost = $4,251,600 - $185,500 - $298,900

Direct Material Cost = $3,767,200

c. Direct labor cost = Total manufacturing costs for the period - Direct materials cost - Other factory overhead - Indirect labor

Direct labor cost = $8,122,000 - $3,767,200 - $834,900 - $422,600

Direct labor cost = $3,097,300

4 0

3 years ago

The primary purpose of the Uniform Electronic Transaction Act (UETA) is to remove barriers to by giving the same legal effect to

lorasvet [3.4K]

Answer:

True.

Explanation:

Yes, this is true that the primary objective of the Uniform Electronic Transaction Act (UETA) is to eliminate the barriers to e-commerce by providing the same legal impacts to electronic records and signatures as is currently provided to paper documents and signatures, but following are the condition which must be fulfilled :

Unique to the signer

Fitted of being verified

Under the signer’s sole authority

Linked to the record in a way that it can be arranged if anything in the document was changed after the signature was stamped

6 0

4 years ago

(Exchange rate arbitrage) You own $10 comma 000. The dollar spot rate in Tokyo is 215.8906 yen/$. The yen rate in New York is

allochka39001 [22]

Answer:

Answer for the question:

(Exchange rate arbitrage) You own $10 comma 000. The dollar spot rate in Tokyo is 215.8906 yen/$. The yen rate in New York is given in the following table: LOADING.... Are arbitrage profits possible? Set up an arbitrage scheme with your capital. What is the gain (loss) in dollars? Hint: Compare the Tokyo's direct quote with the New York's indirect quote. "Assuming no transaction costs, the rate between Tokyo and New York are out of line. Therefore, arbitrage profits are possible." Is the above statement true or false? True . (Select from the drop-down menu.) The yen is cheaper in Tokyo . (Select from the drop-down menu.) The amount of yen you could buy in Tokyo for $10 comma 000 is 2135839 yen. (Round to the nearest whole number.)

is given in the attachment.

Explanation:

Download pdf

3 0

3 years ago