Answer:
a. the price level equals 4, the money supply equals 5,000, and output equals 20,000.
Explanation:
Velocity = (price × output) / money supply
A. (4 × 20,000) / 5000 = 16
B. (4 × 5000) / 20000 = 1
C. (2 × 20,000) / 5000 = 8
D. (2 × 5000) / 10000 = 0.5
The highest velocity is option A.
I hope my answer helps you
Answer:
$760,000
Explanation:
Costs of goods sold are the direct costs incurred in manufacturing products that sold to consumers in a period. It is obtained by using the formula below.
COGS = Beginning stock + purchases/ manufactured goods - ending stock stock.
For Edmiston Company
Beginning stock: $50,000
Endings stock: $40,000
Cost of goods manufactured: $750,000;
COGS = 50,000 + 750,000 - 40,000
COGS = $760,000
Answer:
$2,133,136.53
Explanation:
Calculation for value of the levered firm
First step is to calculate the VU
VU= [$489,602 × (1 - .35)] / .167
VU= $1,905,636.53
Now let calculate the value of the levered firm
VL= $1,905,636.53 + .35($650,000)
VL= $2,133,136.53
Therefore the value of the levered firm is $2,133,136.53
Answer:
the break even price is $0.35
Explanation:
The computation of the break even price is shown below"
= (Variable cost + fixed cost) ÷ (Number of units sold)
= ($500 ÷ 2,000 ×10,000 + $1,000) ÷ (10,000 units)
= ($2,500 + $1,000) ÷ (10,000 units)
= $0.35
hence, the break even price is $0.35
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
New technology allows firms to produce at a lower cost. As a result, as firms adopt a new technology, their cost curves shift downward. Market supply increases, and the market supply curve shifts rightward. With a given demand, the quantity produced increases and the price falls.