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Evgesh-ka [11]
3 years ago
6

In the North, if the price goes down by $0.40 per pound, then the quantity supplied in the North goes down by 600 pounds per yea

r. If the price of peaches goes down by $0.40 in the South, what will happen to the quantity supplied?
Business
1 answer:
Mumz [18]3 years ago
6 0

Answer:

If the price of peaches goes down by $0.40 in the South, the quantity will decrease by 600 pounds per year.

Explanation:

  • As given that the decrease in price by $0.40 per pound then the quantity in the North goes down by 600 pounds per years so from here we have understand that if the same prices goes down in the South, then the same decrease in pounds per year will occur i.e decrease in price by $0.40 per pound will result in the decrease in the quantity by 600 pounds per year.

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Use the following information to answer this... Use the following information to answer this question. Windswept, Inc. 2010 Inco
prisoha [69]

Answer:

The Quick ratio: 0.86:1

Explanation:

The question is completed first as follows:

Windswept, Inc. 2009 and 2010 Balance Sheets ($ in millions) 2009 2010 2009 2010 Cash $ 270 $ 300 Accounts payable $ 1,530 $ 1,485 Accounts rec. 1,080 980 Long-term debt 1,140 1,340 Inventory 1,930 1,755 Common stock $ 3,420 $ 3,370 Total $ 3,280 $ 3,035 Retained earnings 680 930 Net fixed assets 3,490 4,090 Total assets $ 6,770 $ 7,125 Total liab. & equity $ 6,770 $ 7,125 What is the quick ratio for 2010?

Solution:

The requirement is to use the given information to calculate Windswept Inc's Quick ratio for 2010.

Quick ratio: this represents the ability of an organisation's short term liquidity to cover and cater for its short term obligation. Basically, it looks at the ratio of the current assets of an organisation (those that can be quickly converted to cash) to meet the current liabilities.

The formula for quick ratio= Current Assets - Inventory / Current Liabilities

Windswept's quick ration = Cash + Accounts receivable / Accounts Payable (all for 2010)

= $300 + 980 / $1, 485

= $1,280/$1,485

= 0.86:1

This means that the current asset of the company can only cover its current obligations up to about 86%. This is the quick ratio.

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3 years ago
Define cultural intelligence<br>How important is it terms of doing business globulty
Alex17521 [72]
Cultural Intelligence can be described as the capability of a person to relate and communicate to different cultures including his own. This can be very important in terms of doing global business involving different cultures. This intelligence can be used to analyze other cultural techniques and easily relate to them. 
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Why are marketers sometimes "forced” to reposition their products or services? Il
Sergio039 [100]

<h3>Explaination</h3>

Marketers sometimes forced to reposition their services or products to ensure profitability the company has no other option but to reposition its services or products that would cater to a new target segment of their existing market and ensure sales or profitability.

<h3>Reason</h3><h3 />

There could be many reasons for marketers repositioning their products.

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2 years ago
In January, 20XX a customer buys 100 shares of ABC stock at $50 per share and pays a $2 commission per share. The customer recei
ANTONII [103]

Answer:

$ 52

Explanation:

Given data:

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Commission per share = $ 2

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Answer:

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Explanation:

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