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3 years ago

What price will farmer brown charge when maximizing profit?

1 answer:

5 0

Farmer Brown will have to charge enough to make sure he is receiving the most money for his product. He needs to make sure what he charges is more than what it costs to make his item and then profit what he would like. Maximizing profit refers to producing the quantity of output where marginal revenue is equal to marginal cost.

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In a command economy, Individuals fellow thir self-interest without government intervention True or False İf false, correct the

Ostrovityanka [42]

Answer:

False

Explanation:

In a command or planned economy, the factors of production are owned and controlled by the government. The government makes all the significant economic decisions such as production, distribution, and pricing.

The government prepares a central plan for the entire economy. The plan determines the production level, the goods and services to be produced, and their prices. The central government employs all workers. The private sector does not exist.

8 0

3 years ago

How much increase in net worth (equity) would a market basis balance sheet show over a cost basis if Land was purchased for $1,0

Pachacha [2.7K]

Answer: $4,050,000

Explanation:

Increase in net worth shows the after tax gain that the person got after the land in question increased in value.

= (Current value - Purchase price) * ( 1 - tax rate)

= (5,500,000 - 1,000,000) * (1 - 10%)

= 4,500,000 * 0.90

= $4,050,000

3 0

2 years ago

What is a sales quota? Group of answer choices

Nuetrik [128]

Answer:

Sales Quota is the amount of sales that an individual sales person or group of sales people is expected to make within a specific amount of time.

Explanation:

Sales Quotas are the goals of the sales team that they are expected to achieve in a given period of time. It can be monthly, quarterly, or yearly. Sales Quota can be based on one person or can be set for a team or a group.

This helps an organization to achieve sales and revenue targets. Managers are able to learn about the productivity of the team and their success rate with the help of Sales quota. Sales quota also motivate the team to do better and achieve the goals.

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3 years ago

Bond Valuation and Changes in Maturity and Required Returns Suppose Hillard Manufacturing sold an issue of bonds with a 10-year

g100num [7]

Answer:

It will be sold at $1,186.71

Explanation:

We will calculate the present value of the cuopon payment and the maturity at the new market rate of 7%

The coupon payment will be calcualte as the PV of ordinary annuity

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C $50 (1,000 x 10%/2 as there are 2 payment per year)

time 16 (8 years x 2 payment per year)

rate 0.035 (7% rate / 2 payment per year)

$50 \times \frac{1-(1+0.035)^{-16} }{0.035} = PV\\$

PV $604.7058

The maturity will be calculate as the PV of a lump sum

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 1,000.00

time 8 years

rate 0.07

$\frac{1000}{(1 + 0.07)^{8} } = PV$

PV 582.01

The market price will be the sum of both:

PV cuopon $604.7058

PV maturity $582.0091

Total $1,186.7149

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3 years ago

Exercise 6-11A Record transactions using a perpetual system (LO6-5) DS Unlimited has the following transactions during August. A

ZanzabumX [31]

Answer and Explanation:

The journal entries are shown below:

On Aug 6

Inventory (60 × $150) $9,000

To Accounts Payable $9,000

(being inventory purchased on account is recorded)

On Aug 7

Inventory Dr $350

To Cash $350

(Being freight charges paid in cash)

On Aug 10

Accounts Payable $600 (4 × $150)

To Inventory $600

(Being returned inventory is recorded)

On Aug 14

Accounts Payable ($9,000 - $600) $8,400

To Inventory ($8,400 × 3%) $252

To Cash $8,148

(Being cash paid is recorded)

On Aug 23

Accounts Receivable ($170 × 40) $6,800

To Sales revenue $6,800

(Being sales is recorded)

Cost of goods sold $6,070

To Inventory $6,070

(Being cost is recorded)

6 0

3 years ago

What price will farmer brown charge when maximizing​ profit?

What price will farmer brown charge when maximizing profit?