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11111nata11111 [884]
2 years ago
13

Consider jimmy choo designer shoes. jimmy choo faces many competitors, while in another way jimmy choo faces no competitors. thi

s contradiction can be explained by:
Business
1 answer:
Leno4ka [110]2 years ago
3 0
The contradiction can be explained by the substitutability between Jimmy Choo shoes and other shoes. 
Substitutability is the ability of goods or services to be replaced by another good or services to be replaced by another good or service in use or consumption. Substitute goods are goods which, as a result of changed conditions, may replace each other in use. For example in this case, jimmy choo faces other competitors who have substitute shoes.
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Suppose the demand function​ (D) for golf clubs​ is: Qequals150minus1.00​P, where P is the price paid by consumers in dollars pe
nadya68 [22]

Answer:

P = $75 per club

n= 75,000 clubs

Explanation:

The demand and supply functions are:

(D): Q=150-1.00P\\(S): Q=1.00P\\

The equilibrium price is the price that yields a quantity demanded equal to the quantity supplied:

150-1.00P=1.00P\\P=\frac{150}{2}\\P=\$75

The number of units sold at that price is:

n=1,000*(1.00*75)\\n=75,000\ units

8 0
3 years ago
In the context of a SWOT analysis, which of the following would be considered a weakness for an organization?
snow_lady [41]
The answer is D. Imitable products and servicesd
3 0
3 years ago
Beranek Corp has $695,000 of assets (which equal total invested capital), and it uses no debt - it is financed only with common
lesya692 [45]

Answer:

$278,000

Explanation:

Data provided:

Total invested capital or assets = $695,000

Total debt to total capital ratio = 40%

now,

\frac{\textup{Total debt}}{\textup{Total capital}} = \frac{\textup{40}}{\textup{100}}

or

Total debt = 0.4 × Total capital

or

Total debt = 0.4 × $695,000

or

Total debt = $278,000

Hence,

The firm must borrow $278,000 to achieve the desired ratio

3 0
3 years ago
On December 31, 20X9, Pluto Company acquired 100 percent of Saturn Corporation's common stock for $300,000. Balance sheet inform
maw [93]

Answer:

The $60,000 amount of inventory  will be included in the consolidated balance sheet immediately following the acquisition

Explanation:

According to the accounting principles, the inventory is recorded at the cost or fair market value whichever is lower.

The inventory balance which is given in the balance sheet is $75,000

And, its fair market value is $60,000

So, the inventory would be recorded at 60,000

The other items which are given in the question are irrelevant. Therefore, we don't consider them in the computation part. Thus, we ignored them.

Hence, the $60,000 amount of inventory  will be included in the consolidated balance sheet immediately following the acquisition

4 0
3 years ago
Green T-Shirt Processing has a unit sales price of $20 for their t-shirt. The contribution margin percentage is 70%. If they sol
Rom4ik [11]

Answer:

Net operating income= 88,000

Explanation:

Giving the following information:

Selling price= $20

Unitary variable cost= 20*0.3= 6

Fixed costs= $10,000

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<u>We need to calculate the net operating income:</u>

Sales= 20*7,000= 140,000

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Contribution margin= 98,000

Fixed costs= (10,000)

Net operating income= 88,000

7 0
3 years ago
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