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olchik [2.2K]
3 years ago
5

Mackay gives a list of items (starting with "Two lasts of wheat, 448 florins") that were traded for one tulip root. He could hav

e left out this list and simply said that the root cost 2500 florins. What is the purpose of the list?
Business
1 answer:
Oksana_A [137]3 years ago
8 0

Answer:

For a better valuation of trade.

Explanation:

Mackay could have left out this list and simply said that the root cost 2500 florins. But he gave the list to have a better understanding of the valuation of trade. Now, the cost could have simply being layed out. But then this list helped helped to give a better perspective of the valuation of the bulb and also how it could be used to replace money

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Randall is single and has total income from all sources (taxable and nontaxable) of $83,000. His taxable income is $62,000. Rand
bekas [8.4K]

Answer:

effective tax rate = 13.54

Explanation:

given data

total income = $83,000

taxable income = $62,000

tax liability = $11,239

to find out

effective tax rate

solution

we get here effective tax rate that is express as

effective tax rate = \frac{total\ tax}{total\ income}    .................1

put here value and we get

effective tax rate = \frac{11239}{83000}  

effective tax rate = 13.54

6 0
4 years ago
A cloth manufacturing firm is deciding whether or not to invest in new machinery. The machinery costs $45,000 and is expected to
Alex787 [66]

Answer:

$51,020.41

Explanation:

The net present value is the present value of after tax cash flows from an investment less the amount invested.

PV = FV × (1 + r) ^ (-n) 

PV = 25,000 (1 + 5%) ^ (-1) + 30000 (1 + 5%) ^ (-2)

= 51020.41

Where PV = present value

FV = Future value = 25,000 In year 1 and 30,000 In year 2

I = interest rate = 5%

N = time = 1 ,2

I hope my answer helps you

5 0
3 years ago
EBike, an electronic bicycle manufacturer, has identified two customer segments, one is willing to pay a higher price for a cust
kramer

Solution:

1)

Profit function of customised bicycle customers, P1 = d1*(p1-c)

= (11000-25p1)*(p1-160)

= 11000p1-1760000-25p1^2+4000p1

= -25p1^2+15000p1-1760000

In order to the profit maximizing price, equate the first order derivative of profit function to 0

dP1/dp1 = d(-25p1^2+15000p1-1760000)/dp1 = 0

=> -50p1+15000 = 0

=> p1 = 300

Profit function of price sensitive customers, P2 = d2*(p2-c)

= (11000-45p2)*(p2-160)

= 11000p2-1760000-45p2^2+7200p2

= -45p2^2+18200p2-1760000

In order to the profit maximizing price, equate the first order derivative of profit function to 0

dP2/dp2 = d(-45p2^2+18200p2-1760000)/dp2 = 0

=> -90p2+18200 = 0

=> p2 = 202.22

Price to be charged for customised segment = $ 300

Price to be charged for price sensitive segment = $ 202.22

------------------------------------------------------------

2)

Considering single price, p

Total profit from both segments, P = (d1+d2)*(p-160)

= (11000-25p+11000-45p)*(p-160)

= (22000-70p)*(p-160)

= 22000p-3520000-70p^2+11200p

= -70p^2+33200p-3520000

In order to the profit maximizing price, equate the first order derivative of profit function to 0

dP/dp = d(-70p^2+33200p-3520000)/dp = 0

=> -140p+33200 = 0

=> p2 = 237.14

3)

This is solved by Solver as follows:

[ Find the attachments ]

8 0
3 years ago
Exercise 7-1 The controller for Clint Metlock Co. is attempting to determine the amount of cash to be reported on its December 3
Anettt [7]

Answer:

The amount of cash and cash Equivalents reported on December 31, 2017.

$8,698,231    

Explanation:

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

Download xlsx
3 0
3 years ago
Pfister Corporation has Current Assets of $200,000, Current Liabilities of $150,000, Total Liabilities of $340,000 and Owners' E
user100 [1]
Can I get a pic So I can better help you
7 0
3 years ago
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