1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tresset [83]
3 years ago
15

Suppose that fertilizerfertilizer is necessary to produce wheatwheat. if the price of fertilizerfertilizer fallsfalls​, the supp

ly curve of
Business
1 answer:
asambeis [7]3 years ago
4 0

Answer: Shift to the right

Explanation:

Fertilizers are an important input in wheat production. When the price of fertilizers fall, it leads to a decrease in cost of producing wheat. Thus, producers will supply more wheat in the market. As a result the supply curve for wheat will shift to the right leading to a fall in the price of wheat and an increase in the quantity of wheat sold in the market.

You might be interested in
Emily Corporation sells two products: hurricane lamps and flashlights. Hurricane lamps account for 70 percent of the units sold,
zmey [24]

Answer:

weighted-average contribution margin= $4.7

Explanation:

Giving the following information:

Hurricane lamps account for 70 percent of the units sold, while the flashlights account for the remaining 30 percent of unit sales. The unit sales price of the lamps is $9.00, and the unit variable cost is $4.00. The unit sales price of the flashlights is $7.00, and the unit variable cost is $3.00.

<u>To calculate the weighted-average contribution margin, we need to calculate first the weighted-average selling price and weighted average variable cost for each product.</u>

weighted average selling price= (selling price* weighted sales participation)

weighted average selling price= (0.7*9 + 0.3*7)= $8.4

weighted average variable cost= (variable cost* weighted sales participation)

weighted average variable cost= (0.7*4 + 0.3*3)= 3.7

<u>Now, we can calculate the weighted average contribution margin:</u>

weighted-average contribution margin= 8.4 - 3.7= $4.7

6 0
3 years ago
Marion Industries has an average accounts receivable turnover ratio of 12 times per year whereas most of its competitors have a
deff fn [24]

Answer:

C. using more liberal credit terms to increase sales

Explanation:

According to the question  it is given that the ratio of account receivable turnover has measured that comes 12 times which means it took 30 days

= 365 ÷ 12

= 30.41

= 30 days

But according to the competition, the ratio of account receivable turnover is 8 times so the competitor took 45 days

Therefore the Management of marian would have more liberal credit terms that would increase the sales

5 0
3 years ago
Under AICPA rules, which statement best describes the period of the professional engagement as it applies to a three-year engage
gizmo_the_mogwai [7]

Answer: The correct answer is "D. It begins when the engagement letter is signed and continues until the report for the third year is issued unless the relationship is terminated sooner.".

Explanation: The statement "It begins when the engagement letter is signed and continues until the report for the third year is issued unless the relationship is terminated sooner." best describes the period of the professional engagement as it applies to a three-year engagement to audit client's financial statements since this type of professional commitment begins with the signing of the document that formalizes the commitment and is in force until the issuance of the last report unless the relationship is resolved beforehand by another circumstance.

4 0
3 years ago
g purchased a 25% stake in for $486,000 on Jan 2, 2021. On Jan 1, 2021, Satisfactory had a book value of equity on its balance s
stepladder [879]

Answer:

Perfection records in it's books an Investment in Associate of $486,000

Explanation:

Hi, your question has missing information, i tried to look for the full question online but I could not find it.

However, I have prepared below explanation to the problem.

When a firm has investments into another firm of less than 50% voting rights in stake but greater than 20% we say that firm has significant influent in the investee. The firm is said to have an Investment in an Associate.

Investments in Associates are always recorded using the Equity Method of Accounting.

<u>Entries for Investment in Associate are :</u>

Debit :Investment in Associate ($1,944,000 × 25%) $486,000

Credit : Share of profits of associate $486,000

Conclusion :

Perfection records in it's books an Investment in Associate of $486,000

4 0
3 years ago
Westsyde Tool Company is expected to pay a dividend of $1.50 in the upcoming year. The risk-free rate of return is 6%, and the e
lawyer [7]

Answer:

Return on company's stock = 15.6%

Explanation:

<u><em>The capital asset pricing model (CAPM)</em></u><em> relates the price of a share to the market risk or systematic risk. The systematic risk is that which affects all the all the economic agents, e.g inflation, interest rate e.t.c</em>

Using the CAPM , the expected return on a asset is given as follows:

E(r)= Rf +β(Rm-Rf)

E(r) =? , Rf- 6%, Rm- 14%, β- 1.2

E(r)  = 6% + 1.2× (14- 6)%

        = 6%  + 9.6%

         = 15.6%

Return on company's stock = 15.6%

7 0
3 years ago
Other questions:
  • Tim mows neighborhood lawns for extra money. Suppose that he would be willing to mow one lawn for ​$10​, a second lawn for ​$15​
    7·1 answer
  • The following data (in thousands of dollars) have been taken from the accounting records of Karmint Corporation for the just com
    7·1 answer
  • Brainliest! What three institutions influence economics the most? Explain how each influences economics and provide examples of
    15·2 answers
  • True or false: as a patient, your doctor must have you sign a hipaa consent and release form to share your ephi or phi with insu
    13·1 answer
  • ________ marketing calls for socially and environmentally responsible actions that meet the present needs of consumers and busin
    11·1 answer
  • Shana continues to buy a necessary medicine even though prices for the medicine rise sharply. Shana's behavior shows howa. the p
    7·1 answer
  • Storico Co. just paid a dividend of $1.50 per share. The company will increase its dividend by 20 percent next year and then red
    9·1 answer
  • Drag the tiles to the correct boxes to complete the pairs.
    8·1 answer
  • I don't know what write here.
    9·2 answers
  • Culver City College, a public college, has a 10-week summer session that starts on June 25, 2020, so that one week is held durin
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!