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3 years ago

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If the absolute price of a new car is $40,000 and the relative price of a laptop computer in terms of cars is 1/20 of a car, it

follows that the absolute price of a laptop is $10,000. $1,000. $4,000. $2,000. there is not enough information to answer the question.

1 answer:

Mariana [72]3 years ago

3 0

Price of laptop=40000/20
=$2000

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Assume that a speculator purchases a put option on British pounds (with a strike price of $1.50) for $.05 per unit. A pound opti

scoray [572]

Answer:

The highest net loss of $1,562.50 (i.e. – $1,562.50)

Explanation:

This can be calculated using the following equation:

Highest net profit possible = British pounds put option price per unit × Units of the pound option

= $0.05 x 31,250

Highest net profit possible = $1,562.50

However, based on the information provided in the question, the option will not be exercised and this will result into the highest net loss of $1,562.50 (i.e. – $1,562.50).

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3 years ago

The balance in accounts receivable at the beginning of 2016 was $600. During 2016, $3,200 of credit sales were recorded. If the

andreyandreev [35.5K]

Answer:

$3,100

Explanation:

Step 1: Draw up the Accounts Receivable Account

Opening Balance $600 Allowance for Doubtful debt $200

Sales $3,200 Cash Collected $3,100

Closing Balance <u>$500</u>

<u>$3,800</u> <u>$3,800 </u>

To calculate the cash collected from customers

first, add the debit side of the accounts receivable which is a sum of the opening balance and sales= 3,800

Secondly, add the figures in the credit side including allowance for doubtful debt and closing balance= $700

Thirdly, Subtract the lesser side from the greater, $3,800 - $700 = $3,100

$3,100 was cash collected from the customers in 2016

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3 years ago

At a price of $4.00 each, shape magazine sells 1.25 million copies of its magazine targeted to young women seeking a healthier l

ivann1987 [24]

Selling price = $4.50
Copies sold = $1 million
Fixed costs = $1 million
Unit variable costs = $0.50 per magazine

Sales = $4,500,000
Fixed costs = $1 million
Variable costs = $500,000

Revenue = Sales - fixed costs - variable costs
Revenue = $4,500,000 - $1,000,000 - $500,000
Revenue = $3,000,000

4 0

3 years ago

In the early 1980s, David Jimenez, a corporate finance manager, was faced with which of the following problems?

Anton [14]

Answer:

<u>a. High inflation rates</u>

Explanation:

Note that<em> a major role of a corporate finance manager </em>is to maximize the profits of a business by providing advice as to mergers as well as buying and selling financial products.

Therefore, according to reports David Jimenez in the early 1980s was faced with the problems of high inflation rates which meant a rise in the cost of production etc for companies or businesses under his care.

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3 years ago

Assuming a speed limit is 105 km/hr, what is this in miles per hour

blagie [28]

105 km/hr is the same as 65.244 miles per hour. You can do this by doing unit conversions until you get the satisfied units. Then you multiply and reduce the fraction. In this case, the answer is 65.244 miles per hour.

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3 years ago