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3 years ago

When supply is higher than demand, prices will

Business

2 answers:

rewona [7]3 years ago

7 0

Answer:

fall until the demand rises.

Explanation:

I just took the test and I hope this helps.

Julli [10]3 years ago

3 0

Whenever supply is higher than demand prices will drop or lower

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Swifty Pest Control Products has the following information available:

Mekhanik [1.2K]

Answer:

$20,700

Explanation:

Data provided in the question:

Net Income = $25,100

Cash Provided by Operations = $32,500

Cash Sales = $64,600

Capital Expenditures = $9,600

Dividends Paid = $2,200

Now,

Swifty’ Free cash flow

= Cash Provided by Operations - Capital Expenditures - Dividends Paid

Thus,

Swifty’ Free cash flow = $32,500 - $9,600 - $2,200

Swifty’ Free cash flow = $20,700

3 0

3 years ago

Procter & Gamble is a multinational corporation that manufactures and markets many household products. Last year, sales for

Stolb23 [73]

Procter & Gamble is a multinational corporation that manufactures and markets many household products is our goal is to use every opportunity we have no matter how small to set change in motion. To be a force for good and a force for growth. Compute Procter & Gamble's receivable turnover ratio and its inventory turnover ratio.

Ans.1a Account receivables turnover ratio = Net credit sales / Average trade receivables

74756 / 6447

11.60 times

*Net credit sales = Total sales * 90%

83062 * 90%

74756

*Average receivables = (Beginning receivables + Ending receivables / 2

(6508 + 6386) / 2

6447

Ans.1b Inventory turnover ratio = Cost of goods sold / Average inventory

42362 / 6834

6.20 times

Cost of goods sold = Total sales - Gross profit

83062 - (83062 * 49%)

42362

*Average inventory = (Beginning inventory + Ending inventory) / 2

(6909 + 6759) / 2

6834

Ans.2a Days' sales in accounts receivables = No. of days in year / Receivables turnover ratio

365 / 11.60

31.47 days

Ans.2b Days' sales in inventory = No. of days in year / Inventory turnover ratio

365 / 6.20

58.87 days

Learn more about turnover ratio here

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3 0

2 years ago

The price a property will bring when neither the buyer nor the seller is acting under duress and it has been on the market for a

PilotLPTM [1.2K]

Answer:

The answer is arms- length transaction

Explanation:

The price a property will bring when neither the buyer nor the seller is acting under duress and it has been on the market for a reasonable length of time is defined as arms- length transaction

7 0

3 years ago

Mauro Products distributes a single product, a woven basket whose selling price is $12 per unit and whose variable expense is $1

brilliants [131]

Answer:

1200 BEPunits
$14,400 BEP dollars
second scenario

1200 BEPunits

$14,400 BEP dollars

Explanation:

$\frac{Fixed Cost}{contribution margin} = BEPunits$

contribution margin = Sales - Variable Cost

12 - 10 = 2 contribution margin

fixed expenses = 2,400

BEP = 2,400/2 = 1,200 units

<u>Resuming: </u>each unit contributes with $2 dollars therefore it needs to sale 1,200 untis to pay the fixed cost.

units x sales price = sales revenue

1,200 x 12 = 14,400 BEP in Dollars

Also it is posible to get this by using contribution margin ratio

in the BEP formula:

$\frac{Fixed Cost}{Contribution Margin Ratio} = BEPdollars$

contribution margin/sales price = 2/12 = 1/6

fixed cost /contribution margin ratio = 2,400/(1/6) = 14,400

Scenario were fixed cost increase:

increase in fixed/contribution margin + previous BEP = BEPunits

increase in fixed/contribution margin ratio + previous BEP = BEPdollars

600 fixed cost /contribution margin = 600/2 = 300 more units to our prevous 1,200 total of 1,500

600 fixed cost /contribution margin ratio = 600/(1/6) = $3,600 more sales revenue to our prevous 14,400 total of 18,000

3 0

3 years ago

The consumer price index is the:

Dmitry [639]

Answer:

B. cost of a market basket of goods and services typically consumed in the current period.

5 0

4 years ago

Read 2 more answers