Answer:
D
Explanation:
The law of supply states that when the price of an object rises, so does the quantity supplied. If the ketchups prices rise, so will the quantity that is supplied making this an example of the law of supply.
Answer:
600 units
Explanation:
The computation of the units sales is shown below:
= (Fixed expenses + target profit) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $134 per unit - $67 per unit
= $67 per unit
And, the other items values would remain the same
Now placing these values to the above formula
So, the value would equal to
= ($32,300 + $7,900 ) ÷ ($67)
= ($40,200) ÷ ($67)
= 600 units
Answer: The answer is C Monitoring the budget
Answer:
$120
Explanation:
Given:
• Geometric growth rate of existing financial security:
$4 to $8 to $16 to $32 to $64 to $128
• Arithmetic growth rate of underlying assests:
$4 to $6 to $8 to $10 to $12 to $14
From the values, when the price of the underlying assests is $14, the price of the existing financial security is $128.
We are told to that when values of financial secrities increased from $4 to $128, that of underlying assests also increased from $4 to $14. If patterns hold for decreases as well as for increases. Therefore to get the value of financial securities decline if the value of underlying assests suddenly and unexpectedly fell by $6, we have:
Price of underlying assests when decreased by $6 =
$14-$6 = $8.
Therefore, price of existing financial security decline wil be:
$128-$8 = $120
Answer:
$1.49
Explanation:
Flyaway Travel Company
$100,000 – $3,125
=$96,875
= $50,000 + (20,000 x 9/12)
=$50,000+$15,000
=$65,000
Hence:
$96,875÷$65,000
=$1.49
Therefore 2021 basic earnings per share will be $1.49
