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3 years ago

Which phrase defines complementary goods?

Business

1 answer:

fomenos3 years ago

5 0

Answer:

Goods used in combination with other products.

Explanation:

For example, if you buy a coloring book from the store, you might buy a pack of markers to go with it. Or if you buy lanyard you might want to but a key chain or a key to put on it.

Hope this helped :D

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uppose a Starbucks tall latte cost $4.00 in the United States, 5.00 euros in the euro area and $2.50 Australian dollars in Austr

max2010maxim [7]

Answer: Nether Australia or Europe

Explanation:

Purchasing power parity is a notion that states that prices of the same or similar goods should have the same price across the world after adjusting for exchange rate differences.

If the price of a tall latte in the U.S. is $4,00, it should be the same price in Europe and Australia after exchange rate adjustments.

$4.00 in Euro is: $4.00 in Australian dollars is:

= 4 * 0.8 = 4 * 1.4

= €3.20 = $5.60

Purchasing power parity does not hold in wither countries because the prices of the lattes are not equal to the $4.00 in the U.S. after adjustments for exchange rates.

4 0

3 years ago

Turk Manufacturing uses the net present value method to make the decision, and it requires a 15% annual return on its investment

Scrat [10]

Answer:

E) Only Machine B is acceptable

Explanation:

The computation is shown below;

For Machine A

Year Cash Flow PV Factor PV of Cash Flow

0 -$9,000 1 -$9,000

1 $5,000 0.8696 $4,348

2 $4,000 0.761 $3,044

3 $2,000 0.6575 $1,315

NPV -$293

Machine B

Year Cash Flow PV Factor PV of Cash Flow

0 -$9000 1 -$9,000

1 $1,000 0.8696 $869.6

2 $2,000 0.761 $1,522

3 $11,000 0.6575 $7,232.5

NPV $624.1

As we can see that from the above calculations that the npv for machine A is in negative so the same should not be accepted but for machine the npv is in positive so the same should be accepted

4 0

3 years ago

Flagstaff Company has budgeted production units of 7,900 for July and 8,100 for August. The direct materials requirement per uni

nataly862011 [7]

Answer:

Option $18,262

Explanation:

Data provided in the question:

Budgeted production units for July = 7,900

Budgeted production units for August = 8,100

Direct material required per unit = 2 ounces

safety stock of direct materials = 20% of the units budgeted in the following month

Direct material in inventory at the start of July = 3,160 ounce

Materials cost = $1.15 per ounce

Now,

Budgeted material required in July

= Budgeted production units for July × Direct material required per unit

= 7,900 × 2

= 15800 ounces

Budgeted material required in August

= Budgeted production units for August × Direct material required per unit

= 8,100 × 2

= 16,200 ounces

Direct materials requirement in July

= Budgeted material required in July + safety stock - Direct material in inventory at the start of July

= 15800 + (20% of 16,200 ) - 3,160

= 15800 + 3,240 - 3,160

= 15,880 ounces

Cost of direct material

= Direct materials requirement in July × Materials cost

= 15,880 ounces × $1.15 per ounce

= $18,262

Option $18,262

3 0

3 years ago

As customers of pierre’s dress shoppe prepared their wardrobes for winter, they purchased all of the long-sleeved dresses he had

laila [671]

The appropriate response is sales revenue. Revenue is the measure of cash that an organization really gets amid a particular period, including rebates and conclusions for returned stock. It is the "best line" or "gross pay" figure from which costs are subtracted to decide net salary.

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4 years ago

Ricky has purchased a $157,000 home with a 30-year mortgage at 5.15%. He

agasfer [191]

The answer is B 222 months

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4 years ago