Answer and Explanation:
Relationship between price and demand:
D = (2400 - p)/(0.100)
p = 2400 - 0.100*D
then:
Total revenue = p*D
= 2400*D - 0.100*D^2
for a maximum revenue:
dR/dD = 0
2400 - 0.100*2D = 0
D = 12000
this is considered a demand
for maximum profit, the initial cost of automobile engines should be less required.
Add back noncash expenses, such as depreciation, amortization, and depletion.
Explanation:
Answer:
b. Accept Project A and reject Project B.
Explanation:
To verify project viability at a required return rate of 16%, simply calculate the project's net present value at a rate of 16%. If the NPV is positive, then the project should be accepted, otherwise it should be rejected.
Project A:
Project A should be accepted.
Project B:
Project B should be rejected.
Answer:
The ending balance of Allowance for Bad Debts account is $800
Explanation:
The computation of the ending balance of allowance for bad debt is shown below:
= Credit sales × uncollectible rate
= $40,000 × 2%
= $800
The estimated amount would be considered as an allowance for bad debts i.e $800, So no other amount would be come while computing the ending balance of Allowance for Bad Debts account.
However, the other information which is given in the question is not relevant. Hence, ignored it
<span>You
can probably buy dialysis tubing in the medical section of the store since this
product is used primarily in the medical field. You need to have the aid of a
medical assistant in order to be aware of the uses of this product.</span>
