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IgorC [24]
3 years ago
10

Rice is a cheap staple food eaten multiple times of day by many people all over the world. In Trufflelandia, residents also eat

expensive mushrooms known as truffles once per year as a birthday celebration. Rice keeps the people alive, and truffles are not necessary for sustaining their lives. Why is rice so cheap and truffles so expensive?a. Truffles taste better, so they are worth more money.b. Rice is easy to cook, so people buy a lot of it. If people are going to buy so much, then it has to be cheap.c. Truffles are more nutritious, and healthy food is always more expensive than unhealthy food.d. People eat so much rice that an additional serving of rice has little marginal value, but the marginal value of another serving of truffles is very high.
Business
1 answer:
enot [183]3 years ago
5 0

Answer:

Rice is so cheap and truffles are so expansive because D. People eat so much rice that an additional serving of rice has little marginal value, but the marginal value of another serving of truffles is very high.

Explanation:

When it comes to tasty or nutritious foods, there should not be any reason to be more expensive than others food stuffs. However, they often cost a little more. Regarding rice and its easy way of cooking, it is not a strong argument to talk about the price. So the right answer D, due to the fact that is true that eating a higher rate of rice won't have such a great marginal value as it will with truffles. It has to do a lot with higher demand of rice.

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Answer: C it forces the writer to be specific early in the process

Explanation:

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3 0
2 years ago
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Viserion, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding with 25 years to maturity that is
Snezhnost [94]

Answer:

Pretax    =  5.61%

After tax = 4.26%

Explanation:

The cost of debt will be the Yield to maturity of the bonds.

91 = present values of the 25 year annuity + present value of the maturity

There is no formula for exact YTM

we can either use excel or calculate by approximation:

In this case we will calcualte the YTM by aprroximation

YTM = 2\times (\frac{C + \frac{F-P}{n }}{\frac{F+P}{2}})

C= 25 cuopon payment 1,000 x 5% / 2 becayse paymenr are semiannually

F= 1000 the face value is 1,000

P= 910  the present value or market value is 91% of the face value

n= 50   25 year at 2 payment per year

YTM = 2 \times (\frac{25 + \frac{1000-910}{50 }}{\frac{1000+910}{2}})

dividend 26.8

divisor 955

YTM 5.6125654%

This will be the pretax cost of debt

then we calculate the after tax cost of debt

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6 0
3 years ago
During the taking of its physical inventory on December 31, Almond Supplies Company incorrectly counted its inventory as $545,00
IceJOKER [234]

Answer and Explanation:

The effect of undervaluation of Inventory is shown below:-

Inventory Understated = Inventory counted + Correct value of inventory

= $545,000 - $554,000

= $9,000

Now, the effect of undervaluation of Inventory is

Cost of goods overstated by $9,000

Net income understated by $9,000

Retained earning understated by $9,000

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3 years ago
Phoenix Guitars is interested in pursuing backward integration to take greater ownership of the extraction of raw materials and
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Answer:

Option A

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3 years ago
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Credit Cash  $19,000

Learn more about journal entries here:brainly.com/question/24696035

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