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3 years ago

Which of the following pairs of goods are complements, which are substitutes, and which are unrelated?

Business

1 answer:

Greeley [361]3 years ago

6 0

Answer:

a. We observe the price of Jiffy peanut butter decreases and the quantity demanded of Smucker's strawberry jam increases: COMPLEMENTS, since a decrease in the price of Jiffy peanut butter increased the quantity demanded of Smucker's strawberry jam.

b. A razor and a blade: COMPLEMENTS, since they work together, a razor is useless without a blade and vice versa. An increase in the price of either of them should decrease the quantity demanded of both products, and vice versa.

c. A Panasonic CD player and a JVC CD player: SUBSTITUTES, since an increase in the price of Panasonic CD players will increase the quantity demanded of JVC CD players.

d. You observe that your significant other adds 1oz of cream to each cup of coffee: COMPLEMENTS, both you and your significant other complement each other, and cream and coffee are married for life. An increase in the price of cream reduces the quantity demanded of coffee and vice versa.

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An asset is purchased on January 1 for $44,700. It is expected to have a useful life of five years after which it will have an e

Black_prince [1.1K]

Answer:

Gain of $2,780

Explanation:

Calculation to determine what The company will record If it is sold for $32,000 exactly two years after it is purchased

First step is to calculate the Annual depreciation expense using this formula

Annual depreciation expense = (Cost − Residual value) × (1 ÷ Useful life)

Let plug in the formula

Annual depreciation expense = ($44,700 − $6,000) × (1 ÷ 5)

Annual depreciation expense =$38,700× (1 ÷ 5)

Annual depreciation expense =$ 7,740

Second step is to calculate the Accumulated depreciation using this formula

Accumulated depreciation = Year 1 depreciation expense + Year 2 depreciation expense

Let plug in the formula

Accumulated depreciation = $7,740 +$7,740

Accumulated depreciation = $15,480

Now let calculate the Gain (loss) on disposal

Using this formula

Gain (loss) on disposal = Proceeds from sale − (Cost − Accumulated Depreciation at time of sale)

Let plug in the formula

Gain (loss) on disposal = $32,000 − ($44,700 − $15,480)

Gain (loss) on disposal =$32,000-$29,220

Gain (loss) on disposal=$2,780

Therefore If it is sold for $32,000 exactly two years after it is purchased, the company will record a GAIN of $2,780

5 0

2 years ago

legal requirements, suppliers and distributors, competitors, and market profiles are contained in the ____ element of your busin

pentagon [3]

I believe those are contained in<span> the industry element of your business plan.
This element consist of all of the factors necessary for you to be able to compete in the market and fully exeecute your operation.
If the business plan is aimed to rake in larger market share, more precise and complete list of these information is needed.</span>

3 0

3 years ago

Martin Corp. permits any of its employees to buy shares directly from the company through payroll deduction. There are no broker

Rashid [163]

Answer: $57,000,000

Explanation:

The employees purchased at a 20% discount which means that this 20% discount is the amount that would have to be covered by the company's pretax earnings:

= 19,000,000 * 15 * 0.2

= $57,000,000

<em>Martin's pretax earnings will be reduced by $57 million because the company would have to cover the discount on the shares. </em>

8 0

3 years ago

1. The payment made each period on an amortized loan is constant, and it consists of some interest and some principal.

AveGali [126]

Answer:

True

true

Explanation:

for both of these questions the answers are true. the loan repayment is made up of the prncipal and the interest. This is due to the fact that as the amout of the loan outstanding gets to be repaid, the remaining principal balance would be decreased too and the interest that is associated will also be decreased too with time. The payment principal amount is going to be bigger while the interest would be smaller.

6 0

2 years ago

The Three Amigos just paid an annual dividend of $.60 per share but plans to double that amount each year for three years. After

Reika [66]

Answer:

Ans. The value of this stock today is $27.05

Explanation:

Hi, we have to bring to present value all future dividends of the relevant period of time (that is all 3 year dividends), the horizon period (I mean, from year 4 and beyond) we need to use another formula, which we will also bring to present value.

For the first 3 years, the formula is as follows.

$PresentValue=\frac{Dividend}{(1+r)^{n} }$

Where r is the discount rate (in our case, 0.15 or 15%), n is the year where the dividend takes place.

For the horizon value, since there is no growth rate from there, the formula is:

$HorizonValue=\frac{Dividend}{r}$

We have to bring it to present value (this formula provides the value in year 3 of all future dividends from year 4 and beyond), so the complete formula is:

$PV(H)=\frac{Dividend}{r} *\frac{1}{(1+r)^{3} }$

Now, the whole calculation should look like this:

$PresentValue=\frac{1.20}{(1+0.15)^{1} }+\frac{2.40}{(1+0.15)^{2} }+\frac{4.80}{(1+0.15)^{3} }+\frac{4.80}{0.15} *\frac{1}{(1+0.15)^{3} }$

$PresentValue=1.0435+1.8147+3.1561+21.0405=27.05$

So, the value of this stock today if the required return is 15 percent is $27.05

Best of luck

4 0

2 years ago

Which of the following pairs of goods are​ complements, which are​ substitutes, and which are​ unrelated?

Which of the following pairs of goods are complements, which are substitutes, and which are unrelated?