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3 years ago

As the owner of a party store, you have decided to lower the price for all balloons this month. What do you expect to happen?

Business

1 answer:

Ulleksa [173]3 years ago

3 0

Answer:

Quantity demanded for balloons will increase.

Explanation:

According to the law of demand, there is an inverse relationship between the price of the commodity and the quantity demanded for that commodity.

This means that if there is an increase in the price of a good then as a result the quantity demanded for that good decreases and on the other hand if there is a fall in the price of a good then as a result the quantity demanded for that good increases.

Therefore,

Fall in the price of balloons will lead to increase the quantity demanded for balloons.

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Blackhorse Productions, Inc. used the aging of accounts receivable method to estimate that its Allowance for Doubtful Accounts s

Burka [1]

Answer:

The required entries are plot in the following explanation.

Explanation:

(a)

Debit Bad Debt Expense 9,350

Credit Allowance for Doubtful Accounts 9,350

[19,350 - 10,000]

(b)

Debit Allowance for Doubtful Accounts 1,000

Credit Accounts Receivable 1,000

6 0

3 years ago

You own a stock that has an expected return of 15.72 percent and a beta of 1.33. The U.S. Treasury bill is yielding 3.82 percent

Elza [17]

Answer:

option (b) 12.77 percent

Explanation:

Data provided in the question:

Expected return = 15.72% = 0.1572

Beta = 1.33

Risk free rate = 3.82% = 0.0382

Inflation rate = 2.95% = 0.0295

Now,

Expected return = Risk free rate + Beta × (Expected market return - Risk free rate)

0.1572 = 0.0382 + 1.33 × ( Expected market return - 0.0382 )

0.119 = 1.33 × ( Expected market return - 0.0382 )

Expected market return - 0.0382 = 0.08947

Expected market return = 0.12767

Expected market return = 0.12767 × 100% = 12.767% ≈ 12.77%

option (b) 12.77 percent

3 0

3 years ago

Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on the stock over the next 9 years because the

Diano4ka-milaya [45]

Answer 45k ...

Explanation:

7 0

2 years ago

An investment bank agrees to underwrite an issue of 15 million shares of stock for Looney Landscaping Corp.

Naya [18.7K]

Answer:

A) Looney Landscaping will receive $187,500,000 (= $12.50 x 15,000,000 shares)

The bank's profit will be $11,250,000 (= ($13.25 - $12.50) x 15,000,000 shares)

B) Looney Landscaping will receive $166,260,000 (= ($12.50 - $0.275) x 13,600,000 shares)

The bank's profit will be $3,740,000 (= $0.275 x 13,600,000 shares)

If the stocks are sold at $11.95 per share, then Looney Landscaping will receive $158,780,000 (= ($11.95 - $0.275) x 13,600,000 shares)

The bank's profit will be the same, $3,740,000

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3 years ago

Schister Systems uses the following data in its Cost-Volume-Profit analyses: Total Sales $ 400,000 Variable expenses 220,000 Con

blondinia [14]

Don’t trust my word I just need to answer questions i’m so sorry

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3 years ago