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Mice21 [21]
3 years ago
7

Disk City, Inc. is a retailer for digital video disks. The projected net income for the current year is $2,300,000 based on a sa

les volume of 260,000 video disks. Disk City has been selling the disks for $25 each. The variable costs consist of the $7 unit purchase price of the disks and a handling cost of $2 per disk. Disk City's annual fixed costs are $560,000.
Management is planning for the coming year, when it expects that the unit purchase price of the video disks will increase 20 percent. (Ignore income taxes.)
What volume of sales (in dollars) must Disk City achieve in the coming year to maintain the same net income as projected for the current year if the unit selling price remains at $25? (Do not round intermediate calculations and round your final answer to nearest dollar amount.
Business
1 answer:
Marat540 [252]3 years ago
5 0

Answer:

big dog

Explanation:

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Rollo is a member of smooth operators llc, a limousine service. rollo’s relationship to smooth operators ends, but the firm cont
JulsSmile [24]

Rollo is a member of smooth operators llc, a limousine service. rollo’s relationship to smooth operators ends, but the firm continues to do business. this is dissociation.

One way the mind deals with too much stress, such as during a traumatic experience, is through dissociation. Dissociation experiences can last for a very short period of time (hours or days) or for a very lengthy period of time (weeks or months). You could acquire a dissociative disorder if you disassociate for a prolonged period of time, especially if you're young.

Everyone has gone through this process before. Daydreaming, highway hypnosis, or "getting lost" in a book or movie are all instances of mild, everyday dissociation that include "losing touch" with awareness of one's immediate surroundings.

Learn more about Dissociation here

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4 0
2 years ago
A firm in a perfectly competitive market: a.must reduce its price if it wants to sell a larger quantity. b.must be large relativ
mr Goodwill [35]

A firm in a perfectly competitive market: d. must take the price that is determined in the market.

<h3>What is a perfectly competitive market?</h3>

A perfectly competitive market can be defined as a type of market in which there are many buyers and sellers of homogeneous products, and there is free entry and exit in the market.

This ultimately implies that, all business firms in a perfectly competitive market must be willing to take the price that is determined in the market.

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4 0
2 years ago
In a macroeconomic context, choose the best definition for the term velocity. The rate at which the aggregate price level increa
N76 [4]

Answer:

The rate at which money circulates through an economy.

Explanation:

In Macroeconomics, the term velocity refers to the speed at which money circulates in an economy, and it is a variable in a fundamental macroeconomic equation, the quantity theory of money equation:

M x V = P x T

Which states that the price of goods and services is equal to the amount of money in an economy, or its money supply (M) multiplied by the Velocity of circulation of money, which is in turn equal to price (P) multiplied by the number of transactions (T).

7 0
3 years ago
Imagine that you borrow $1,000 for one year and at the end of the year you repay the $1,000 plus $100 of interest. If the inflat
brilliants [131]

Answer:

3%

Explanation:

Data provided as per the question

Nominal interest rate = 100%

Inflation rate = 7%

The computation of the real interest rate is shown below:-

Real interest rate = Nominal interest rate - Inflation rate

= 10% - 7%

= 3%

Therefore, for computing the real interest rate we simply deduct the inflation rate from the nominal interest rate.

7 0
3 years ago
In 2011 oil production in Libya was interrupted by political unrest. At the same time, the demand for oil by China continued to
vampirchik [111]

Answer:

Quantity of oil bought & sold would depend upon relative change i.e increase & decrease in demand & supply respectively.

  • ↑Dd = ↓Sy : Qty same
  • ↑Dd > ↓Sy : Qty ↑
  • ↑Dd < ↓Sy : Qty ↓

Explanation:

Libya is an exporter of Oil to China. It implies china's demand for oil is satisfied by Libya's imports.

Usual markets are at equilibrium when market demand = market supply, demand & supply curves intersect.

Political unrest in Libya decreasing oil production, would decrease supply (exported) of oil to China & sift supply curve leftwards. Simultaneously, increase in China demand for oil would shift the demand curve rightwards. These changes in demand, supply would create excess demand. Excess demand would cause competition among buyers & increase the new equilibrium price.

However, <u>Quantity </u>of oil bought & sold would depend upon relative change , shift in demand & supply. If increase in demand is equal to decrease in supply, the quantity would remain<u> same.</u> If increase in demand is more than  decrease in supply, quantity will <u>increase</u>. If increase in demand is less than decrease in supply, the quantity will <u>decrease.</u>

3 0
3 years ago
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