Price Level

Peggy sells pistachios and almonds at the farmer’s market. She currently prices pistachios at $7 per bag and almonds at $4 per b

Soloha48 [4]

Answer:

The price she should charge for the bundle in order to maximize profit is 9

Explanation:

Solution

The total pistachios sold = 7 * 2 =14

The total almonds sold is = 4*1 = 4

So,

The total of both pistachios and almonds = 14 + 4 + 18

Thus,

we solve for getting average of the two which is:

Getting the average of the two in the bundle = 18/2

=9

Therefore p =9

8 0

3 years ago

After analyzing the data on cab services in Lucitona, the Transport Authority of Lucitona discovered that there was an 85 percen

Naily [24]

Answer:

A) affinity pattern

Explanation:

Affinity patterns show associations that occur among objects in the real world. These objects that show affinity patterns or association patterns are not complementary to each other and sometimes may not even be related to each other.

In this case, the fact that it is raining is probably what causes the 85% in cab service usage. If we analyze them separately, cab service and rain have nothing to do with each other, but when it rains more cabs are used.

6 0

4 years ago

Mike had been negotiating with a Japanese company for distribution rights for five days. He was afraid he was going to lose the

zubka84 [21]

Answer:

He should have given the Japanese negotiators a menu of options including the lower price.

Explanation:

As it was already on cards that whenever you negotiate you need to have some preparation beforehand and have a complete list of options you would opt if your best options fails to be executed.

Hence, Mike should have given the Japanese a list of options so that It would be easy for them to think about the offer as well as give Mike the advantage to make his deal a success through different options. And if still the options weren't good enough for the Japanese, then Mike would only be left with the option of lowering the price but he would still had a more chance of getting his deal done if he had prepared those options as well.

Thanks.

Goodluck buddy.

6 0

3 years ago

Imagine that David is preparing his will and is trying to decide how to divide his assets between his two grown children. His da

san4es73 [151]

Answer:

Fairness of Equal Outcomes: Split his wealth evenly between Terry and Tonya, Leave his money to charity instead.

Fairness of Equal Opportunity: Leave Terry his entire wealth to offset the gap between him and his sister.

Fairness of Process: Tell his kids he will leave the money to whoever does the most to take care of him in his old age.

Fairness of what is deserved or earned: Leave his money to the child whom he thinks deserves the most money.

8 0

3 years ago

Swifty Company has just received the August 31, 2020, bank statement, which is summarized below.

OverLord2011 [107]

Answer:

A. Correct cash balance $15,396

Correct cash balance $15,396

B. Aug 31 2020

Dr Cash $1,436

Cr Notes receivable $1,381

Cr Interest revenue $55

Aug 31, 2020

Dr Bank service charges $28

Cr Cash $28

Aug 31, 2020

Dr Supplies expenses $18

Cr Cash $18

Explanation:

A. Preparation of a bank reconciliation dated August 31, 2020

Bank reconciliation

Balance as per bank statement august 31, 2020 11,170

Add Cash on hand $428

Add Deposit in transit $5,248

Less: Outstanding checks ($1,450)

Correct cash balance $15,396

Balance as per books august 31, 2020 (13,879+48,335-48,208) $14,006

Add: note and interest collected $1,436

Less:Bank service charges ($28)

Less Understated for supplies ($18)

($165+$147)

Correct cash balance $15,396

B. Preparation of the adjusting entries.

Aug 31 2020

Dr Cash $1,436

Cr Notes receivable $1,381

($1,436-$55)

Cr Interest revenue $55

Aug 31, 2020

Dr Bank service charges $28

Cr Cash $28

Aug 31, 2020

Dr Supplies expenses $18

Cr Cash $18

($165+$147)

5 0

3 years ago