Answer:
Average inventory= $41,750
Explanation:
Giving the following information:
Beginning Inventory= $37,200
Ending Inventory= $46,300
<u>To calculate the average inventory, we need to use the following formula:</u>
Average inventory= (beginning inventory + ending inventory) / 2
Average inventory= (37,200 + 46,300) / 2
Average inventory= $41,750
Answer:
5.657%
Explanation:
Data provided:
Face value = $1,000
Current market price = $640
Time of maturity, t = 8 year
Now,
the compounding formula is given as:
Face value = Current amount × 
where,
r is the rate i.e pretax rate of debt
n is the number of times the interest is compounded i.e for semiannual n = 2
thus, on substituting the values, we get
$ 1,000= $ 640 × 
or
1.5625 = 
or
= 1.0282
or
r = 0.05657
or
pretax cost of debt = 0.05657 × 100% = 5.657%
Answer:
Please find the complete question in the attached file.
Explanation:
In order to study the impact on five forces and thereby decipher an offensive or defense strategy to stay competitive and maintained, management must employ a prototyping approach as Porters 5 Headed framework. Samsung, for example, should adopt a great combination because of its subsequent globalization.
Providers' bargaining power — In this industry, several companies offer low-cost services, which indicates the suppliers have much less bargaining energy.
Consumers' trading strength - Since Hyundai either works in a totally competitive environment or an oligopolistic marketplace across the globe.
The threat of new entries – The risk is significantly greater because new entries from low-cost China carriers can eat Samsung share since they are tax- and licensing-friendly.
The danger of competing among established businesses - That's also relatively significant because profits are thin and innovative developments are continually making the industry as a whole and tough.
Barriers to business – The biggest barriers are an initial investment, high marketing, and distribution expenses, and constant innovation.
Answer:
The income elasticity of demand for generic potato chips=-4.00
Explanation:
Elasticity of demand can be defined as a measure of how responsive the demand for a certain good is when the price of that good or service changes. The elasticity of demand is usually negative. A negative elasticity of demand implies that the demand of a good or service reduces with an increase in price. The elasticity of demand can be measured using different methods. The mid-point method will be used in this case. The mid-point method of calculating elasticity of demand is as shown;
E=%Q/%P
where;
E=elasticity of demand
%Q=percentage change in quantity demanded
%P=percentage change in the price
And;
%Q=[(Final quantity-Initial quantity)/{(Final quantity+Initial quantity)÷2}]×100
Final quantity=0
Initial quantity=2
replacing;
[(0-2)/{(0+2)÷2}]×100=(-2/1)×100=-200%
%P=[(Final price-Initial price)/{(Final price+initial price)÷2}]×100
%P=[(15-9)/{(15+9)÷2}]×100=(6/12)×100=50%
E=%Q/%P
replace for %Q and %P
E=-200%/50%
E=-4
The income elasticity of demand for generic potato chips=-4.00
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
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