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3 years ago

THANK YOU GUYS FOR ALL THE HELP

Business

1 answer:

photoshop1234 [79]3 years ago

3 0

I just answered this to get a point sorry ☺

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Refer again to the income statements for Cover-to-Cover Company and Biblio Files Company on their respective Income Statement. N

creativ13 [48]

Answer:

$584,000

Explanation:

Calculation to determine what must their amount of sales be

Using this formula

Amount of Sales = (Fixed costs + Target profit) / Contribution margin percentage

Let plug in the formula

Amount of Sales = [42,400+(40,000+63,600) / (106000/424000)

Amount of Sales =(42,400+103,600) / (106,000/424,000)

Amount of Sales=146,000/0.25

Amount of Sales = $584,000

Therefore what The amount of sales will be Cover-to-Cover Company is $584,000

7 0

3 years ago

Supply of a product will tend to be more inelastic when

lara31 [8.8K]

The supply of the product tend to be more inelastic when the prices of the goods are high. Supply inelasticity is caused by the sudden change of the price of goods needed to release the supply and more often than not, that change of price is a price hike; meaning, the increase of price reasonable or not.

3 0

3 years ago

Your car averages 28 miles per gallon (MPG). Your trip to work averages 14 miles. Gas costs 2.89 per gallon. What do you spend o

gogolik [260]

Answer:

57.8$

Explanation:

Here we know that:

- One trip to work averages 14 miles

- Therefore, one return trip home-work averages 14*2=28 miles

- You work 20 days per month

So, the average number of miles per month is:

$m=28\cdot 20 =560 mi$

Then, we also know that the car averages 28 miles per gallon; this means that the number of gallons consumed on average in 1 month is equal to the average number of miles (560) divided by 28:

$g=\frac{560 mi}{28 mi/gal}=20 gal$

So, 20 gallons per month.

Finally, we know that the cost of the gas is 2.89$/gallon. Therefore, the average total cost per month is equal to the average number of gallons per month (20) times the cost per gallon:

$cost = (20 gal)\cdot (\$2.89/gal)=\$57.8$

4 0

3 years ago

Suppose the demand for corn increases while at the same time the supply of corn also increases. As a result, the equilibrium pri

kvv77 [185]

Answer:

Rise, fall, or remain unchanged and equilibrium quantity of corn will increase.

Explanation:

In this case, the equilibrium price of corn might RISE, FALL, or NOT CHANGE while the equilibrium quantity of corn increases.

4 0

3 years ago

UESTION 7 You hold a portfolio consisting of a $5,000 investment in each of 20 different stocks. The portfolio beta is equal to

PSYCHO15rus [73]

Answer:

New Beta = 1,17

Explanation:

Portfolio # Beta NEW Beta

$ 5.000 1 1,00 2,00

$ 5.000 2 1,12 1,12

$ 5.000 3 1,12 1,12

$ 5.000 4 1,12 1,12

$ 5.000 5 1,12 1,12

$ 5.000 6 1,12 1,12

$ 5.000 7 1,12 1,12

$ 5.000 8 1,12 1,12

$ 5.000 9 1,12 1,12

$ 5.000 10 1,12 1,12

$ 5.000 11 1,12 1,12

$ 5.000 12 1,12 1,12

$ 5.000 13 1,12 1,12

$ 5.000 14 1,12 1,12

$ 5.000 15 1,12 1,12

$ 5.000 16 1,12 1,12

$ 5.000 17 1,12 1,12

$ 5.000 18 1,12 1,12

$ 5.000 19 1,12 1,12

$ 5.000 20 1,24 1,24

$ 100.000 1,12 1,17

5 0

3 years ago