Answer:
C. The price of a hamburger was $3.80 rather than $5.50 in 2010, with other prices in the table remaining fixed.
Explanation:
The given table shows the inflation rates and price movement over the years. The hamburger had inflation effect and its price increased by almost $1. The price change will create burden on the consumer and they will have to pay for inflation differential.
Answer:
For a rent of $400.00 = 100 units will be occupied;
For a rent of $404.00 = 100 unit will be occupied;
For a rent of $396.00 = 101 units will be occupied.
Explanation:
For a rent of $400.00 = 100 units will be occupied
For a rent of $404.00 = 100 unit will be occupied since 1 additional unit will be vacant.
For a rent of $396.00 = 101 units will be occupied.
∴ <em>The most adequate rent to be charged by the manger to maximize revenue is $396.00 since an additional unit will be occupied.</em>
Answer:
Set priorities.
Explanation:
If some people are dying of hunger and some people need better living conditions I would deal with the people dying of hunger first because they are in a more crucial situation.
Answer:
(a) $17,900
(b) $800
Explanation:
Given that,
Current assets = $4,900
Net fixed assets = $27,300
Current liabilities = $4,100
Long-term debt = $10,200
(a) Total assets = Current assets + Net fixed assets
= $4,900 + $27,300
= $32,200
Total liabilities = Current liabilities + Long-term debt
= $4,100 + $10,200
= $14,300
value of the shareholders’ equity:
= Total assets - Total liabilities
= $32,200 - $14,300
= $17,900
(b) Net working capital:
= Current assets - Current liabilities
= $4,900 - $4,100
= $800
Answer:
The question is not entirely correct, the discount is actually 2% not 3%
The correct answer is A,$196,000
Explanation:
The amount the Stowe-Arts Holdings co would receive from the customer is the invoice price less 3% of the invoice price as computed below:
cash receipt=invoice amount*(1-3%)
amount of cash=$200,000*(1-2%)=$196,000
The 3% produced an answer is not included as one of the options