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Anton [14]
3 years ago
14

A customer went into a store and saw a beautiful leather jacket bearing a price tag of $29. The customer handed the cashier a $5

0 bill and said, "I accept. We have a deal." The cashier then noticed the price tag and told the customer an error had been made and that the price was $229. In this case:a. the customer validly accepted the store's offer.
b. the price tag was a firm offer.
c. no contract was formed because the customer's offer was refused.
d. the customer is the offeree.
Business
1 answer:
Aleks04 [339]3 years ago
3 0

Answer:

B

Explanation:

Because ,when i see price tag will pay that ,that is internal problem ,should be tagged properly,i did have advertised wrong but i still let go that product with wrong price but i gain more and did get more customers

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Boss Enterprises currently sells its products for $ 90 per unit. Management is contemplating a 40​% increase in the selling pric
Kazeer [188]

Answer:

break even point in units at the current selling​ price is $5000 units

Explanation:

given data

Selling price = $ 90 per unit

selling price for next year = 40​% increase

Variable costs = 40​% of sales revenue

Fixed expenses = $ 270,000 per year

to find out

break even point in units at the current selling​ price

solution

we know that Contribution margin  is

Contribution margin = 1 - Variable cost ratio      ..............1

 Contribution margin = 1 - 0.40

  Contribution margin = 0.60

so Contribution per unit  will be

Contribution per unit = Selling price × Contribution margin ratio      .............2

 Contribution per unit =  $90 × 0.60

Contribution per unit = $54 per unit

and

Break even point in units at current price  will be

Break even point = \frac{Fixed cost}{
Contribution per unit}     ........3

Break even point = \frac{270000}{
54}

Break even point = $5000 units

so break even point in units at the current selling​ price is $5000 units

7 0
4 years ago
You manage an equity fund with an expected risk premium of 12.4% and a standard deviation of 38%. The rate on Treasury bills is
timama [110]
  • The expected return = = 12.84 %.
  • The standard deviation = 22.8 %.

<u>Explanation</u>:

On the client's portfolio (total investment = 120 K + 80 K = 200 K,  

  • The expected return

                    = (12.4 %risk premium + 5.4 %risk free return) \times (120 K / 200 K) + 5.4 % \times (80 K / 200 K)

                    = 17.8 % \times 0.6 + 5.4 % \times 0.4

                    = 12.84 %.

  • The standard deviation would be = 38 % \times 0.6 + 0% \times 0.4

                                                                  = 22.8 %.

4 0
3 years ago
If Q equals the units sold, P is the selling price per unit, V is the variable expense per unit, and F is the fixed expense, the
lakkis [162]

Answer:

The correct answer is: option D

Explanation:

The degree of operating leverage (DOL) is a measure used to evaluate how a company's operating income changes after a percentage change in its sales. A company's operating leverage involves fixed costs and variable costs. It is a financial ratio that measures the sensitivity of a company’s operating income to its sales. This financial metric shows how a change in the company’s sales will affect its operating income.

There are two main formulas to calculate the DOL:

DOL= Contribution Margin/ Operating Income

or

DOL= [Qx(P-V)] / [QX(P-V)-F)

Where:

Q: the number of units

P: the price per unit

V: the variable cost per unit

F: the fixed costs

7 0
4 years ago
. Do the negative amounts for cash from investing activities and cash from financing activities concern us
Archy [21]

Answer:

Of course you should be concerned about negative cash outflows resulting from investing or financing activities.

Negative cash outflows for investing activities means that the company purchased more fixed assets or securities this year than the ones that were sold. E.g. the company purchased new equipment for $100,000. Investing activities usually require large amounts of cash.

If financing activities yield negative numbers, it means that either the company paid too much in dividends, or they paid long term debts (e.g. retired bonds or paid back bank loans), but at the same time did not raise enough capital to offset them.

When you are analyzing the finances of a company, cash is king. A company might be very profitable, but it will not survive it its cash flows are negative. If there are enough positive cash flows from operating activities to offset these other cash outflows, then the company should be OK. But if operating cash flows cannot offset them, then the company should be concerned.

3 0
3 years ago
__________ makes it possible for Ford to invest $60 million in a Mexico City manufacturing plant to produce smaller cars and lig
Dmitriy789 [7]

Answer:

The North American Free Trade Agreements

Explanation:

The reason is that the free trade agreements eliminates the price escalation which is imposed by the other countries on importing these goods. So as a result the market becomes less attractive to the company because its product are not able to compete in that environment. The FTA helps organizations to use the resources of other countries with which the country has free trade agreements to lower its costs to compete competitors. The vital resource in Mexico is cheap labor cost and America has one of the best technologies in the world.

7 0
4 years ago
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