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Alex17521 [72]
3 years ago
12

A small manufacturer that makes clothespins and other household products buys new injection molding equipment for a cost of $500

,000. This will allow the manufacturer to make more clothespins in the same amount of time with an estimated increase in sales of 25%. If the manufacturer currently makes 75 tons of clothespins per year, which sell at $18,000 per ton, what will be the increase in revenue next year from the new equipment?
A) $837,500
B) $303,750
C) $125,000
D) $337,500
Business
1 answer:
kherson [118]3 years ago
8 0

Answer:

The correct answer is D.

Explanation:

Giving the following information:

New injection molding equipment for a cost of $500,000.

Increase in sales of 25%.

The manufacturer currently makes 75 tons of clothespins per year, which sell at $18,000 per ton.

First, we need to calculate the new sales level:

New sales (units)= 75t* 1.25= 93.75 tons

Increase in sales (dollars)= (93.75 - 75)*18,000= $337,500

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You work for a marketing firm that has just landed a contract with Run-of-the-Mills to help them promote three of their products
Mumz [18]

Explanation:

The cross-price elasticity formula is:

CPE= Δ%q of good A/ Δ%p of good B

The CPE of penguin patties and raskels is:

CPE= -22%/-20%

CPE= 1.1

A positive CPE means that both good are substitutes; often, penguin patties take the place of raskels. An increase in price of penguin patties will affect positively the quantity demanded for raskels.

The CPE of penguin patties and kipples:

CPE= 7%/-20%

CPE=-0.35

A negative CPE means that both goods are complementary, which means that consumers will likely consume them together. An increase in price of penguin patties will affect negatively de quantity demanded for kipples.

Complementary goods should be advertise together because both could be positively benefited by advertising. If the demand for penguin patties increases, it is probable that the demand for patties increases too. If you advertise substitute goods, people will always prefer one, then the advertising will only be effective or for penguin patties or for raskels.

7 0
3 years ago
Annie Rasmussen, capital, as of December 31, 2019, assuming that assets decreased by $168,000 and liabilities increased by $15,0
satela [25.4K]

Answer:

c. $357,000

d. $733,000

e. $120,000

Explanation:

As we know that

Total assets = Total liabilities + Shareholder equity

The computation is shown below:

c. Updated assets would be

= $720,000 - $168,000

= $552,000

And, the updated liabilities would be

= $180,000 + $15,000

= $195,000

So, the updated capital would be

= $552,000 - $195,000

= $357,000

d. Updated assets would be

= $720,000 - $175,000

= $895,000

And, the updated liabilities would be

= $180,000 - $18,000

= $162,000

So, the updated capital would be

= $895,000 - $162,000

= $733,000

e. The opening capital would be

= Total assets - total liabilities

= $720,000 - $180,000

= $540,000

And, the ending capital would be

= Total assets - total liabilities

= $880,000 - $220,000

= $660,000

So, the gain would be

= Ending capital balance - opening capital balance

= $660,000 - $540,000

= $120,000

8 0
3 years ago
What does the size of the dividend per share of stock depend on?
defon

Answer:

The size of the dividend per share of stock depends on: The corporation's profit

Dividend per share is calculated by: Total dividend / Total shares outstanding,

Which means that dividend per share will increase if the total dividend increases.

Meanwhile, the total dividend will be increased if the company gains more profit

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3 years ago
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One of the purposes of the US judicial system is to _____.
Norma-Jean [14]

the answer is B, resolve conflicts peacefully

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3 years ago
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When the president of Smithson Corp. proposed a new product for launch, his board of directors readily accepted his proposition
natita [175]

If the board of directors readily accepted his proposition without considering the risks. This is an example of  groupthink.

<h3>What is groupthink?</h3>

Groupthink occur when a group of people tend to all accept a conclusion or an opinion that was made without considering whether the viewpoint they accepted was risky or good.

Based on the given scenario the board of directors  accepting the new product that was independently proposed by the president without considering the risks is an example of groupthink.

Inconclusion If the board of directors readily accepted his proposition without considering the risks. This is an example of  groupthink.

Learn more about groupthink here:brainly.com/question/10206116

6 0
2 years ago
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