Answer:
Money and Farm Equipment are examples of Capital.
Capital is a Factor of production which is basically the current assets, equipment and money in hand....This depends on the type of capital being referred to....It could be Working, Physical, or Fixed Capital.....
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Answer:
cost of goods available for sales= $3,180
Number of units= 50 units
Explanation:
Giving the following information:
Wattan Company reports beginning inventory of 10 units at $60 each. Every week for four weeks it purchases an additional 10 units at respective costs of $61, $62, $65, and $70 per unit for weeks 1 through 4.
To calculate the cost of goods available for sales, we need to use the following formula:
cost of goods available for sales= beginning inventory + cost of goods purchase during the year
cost of goods available for sales= 10*60 + 10*61 + 10*62 + 10*65 + 10*70
cost of goods available for sales= $3,180
Number of units= 5*10= 50 units
Answer:
PV= $450,909.1
Explanation:
Giving the following information:
Cash flow (Cf)= $24,800
Growth rate (g)= 3.5%
Discount rate (i)= 9%
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<u>To calculate the present value, we need to use the following formula:</u>
PV= Cf / (i - g)
PV= 24,800 / (0.09 - 0.035)
PV= 24,800 / 0.055
PV= $450,909.1
Answer:
4.53%
Explanation:
Data provided in the question:
Expected return = ∑ (Return × probability)
Thus,
Expected return = (0.06 × 22) + (0.92 × 13) + (0.02 × (-15))
= 12.98%
Now,
Probability Return Probability × (Return-Expected Return)²
0.06 22 0.06 × (22% - 12.98%)² = 4.8816
0.92 13 0.92 × (13% - 12.98%)² = 0.000368
0.02 -15 0.02 × (-15% - 12.98%)² = 5.657608
========================================================
Total = 20.5396%
Standard deviation = 
= √(20.5396)
= 4.53%
Answer:
1. The elasticity of demand for movie tickets must be INELASTIC.
2. Demand curves become LESS elastic in the long run. This means that the ticket price increase will likely be MORE profitable in the long run.
Explanation:
1. As demand is inelastic, the percentage of price increase will be greater than the decrease in the quantity of tickets demanded, and consequently profit will increase.
2. In the long term, demand becomes inelastic. Consequently, in the long term the percentage of the price increase will continue to be greater than the percentage of decrease in the quantity of tickets demanded.
