Why would banks offer lower interest rates for loans?

A beneficial technological change is developed in the production of cranberries. at the same time, scientists discover that cran

sladkih [1.3K]

A beneficial technological change is developed in the production of cranberries. at the same time, scientists discover that cranberries have significant health benefits. this will result in an increase in the equilibrium quantity and an uncertain impact on the equilibrium price of cranberries.

Equilibrium quantity is the number where quantity demanded is equal to quantity supplied. Although there is new advances in the technological production of cranberries, we don't know how the price of the cranberries will be effected, if at all, from the changes. However, since the production of cranberries is going to to be more efficient, the amount supplied will likely rise to match the amount demanded.

5 0

3 years ago

When retailers allow a vendor to sell products on consignment, they:?

umka2103 [35]

Sponser? i think its that sorry if its not

8 0

4 years ago

On June 30, the end of the first month of operations, Tudor Manufacturing Co. prepared the following income statement, based on

mezya [45]

Answer:

A. $1,280,600

B. $1,280,600

Explanation:

A. Preparation of an absorption costing income statement.

Tudor Manufacturing Co.

Absorption Costing Income Statement

For the Month Ended June 30, 2014

Sales (420,000 units) $7,450,000

Cost of goods manufactured $7,160,000

(500,000 units x $14.32 per unit)

($160,000 / 500,000 units = $0.32 per unit)

($14 per unit + $0.32 per unit = $14.32 per unit)

Less ending inventory $1,145,600

(80,000 units x $14.32 per unit)

Cost of goods sold $6,014,400

Gross profit $1,435,600

($7,450,000 - $6,014,400)

Selling and administrative expenses:

Variable selling and administrative expenses $80,000

Fixed selling and administrative expenses $75,000 $155,000

Income from operations $1,280,600

($1,435,600 - $155,000)

Therefore the absorption costing income statement will be $1,280,600

B.Calculation to Reconcile the variable costing income from operations of $1,255,000 with the absorption costing income from operations determined in (a)

First step is to calculate ending inventory difference

Ending inventory difference = $1,145,600 - $1,120,000

Ending inventory difference = $25,600

Now let Reconcile the variable costing income from operations

Reconciliation of Variable Costing and Absorption Costing Incomes from Operations

Variable costing income from operations $1,255,000

Add: Difference between absorption costing and variable costing ending inventories $25,600

Absorption costing income from operations $1,280,600

($1,255,000+$25,600)

Therefore the variable costing income from operations of $1,255,000 with the absorption costing income from operations determined in (a) will be $1,280,600

8 0

3 years ago

A company had the following stockholders' equity information available at year-end. - Issued 11,000 shares of $2.00 par value co

Luba_88 [7]

Answer:

$28.5

Explanation:

Earnings per share is calculated for Equity shares.

And the treasury stock is not included.

Total equity shares in number = 11,000 - 1,000 (Treasury stock)

= 10,000 shares

Total earnings = $200,000

Further provided that dividend to preference shareholders is paid.

Dividend on preference capital is fixed, that is the rate multiply the par value, dividend is not paid on security premium amount.

Preference dividend = 5,000 $\times$ $50 $\times$ 6% = $15,000.

The information provided for share issue rates is of no importance of equity, whereas the relevant number provided is important.

Thus earnings after preference dividend = $200,000 - $15,000 = $285,000

Earnings per share = $285,000/10,000 = $28.5 per share.

6 0

3 years ago

Werkley Inc. is a product manufacturing company. It relies on its suppliers for raw materials, on the labor market for its perso

mariarad [96]

Answer:

(d) task environment

Explanation:

Task environment relates to the external environment of a business which directly affects production of goods and services a business has to offer. This affects a business ability to reach it's goals. It comprises of:

Suppliers : They supply raw materials which are essential for production.
Customers: They are the ultimate users of goods. Customer wants and preferences determines the kind of product a business shall produce.
Competitors: They affect the pricing of goods. Their strategies directly affect the business.
Labor Supply: For any production to take place, man and material are essential. Labor supply in the market again affects pricing of the goods.

Thus, the suppliers, the labor market, and the customers make up the <u>task environment</u> of Werkley Inc.

8 0

4 years ago