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ycow [4]
3 years ago
11

Jeremy is studying the effects of income on the demand for Greek ceramics. If "ceteris paribus" is used, which factors would be

held constant when studying the effects of changes in income?
Business
1 answer:
aliya0001 [1]3 years ago
8 0

Answer:

B) all factors affecting demand, except income

Explanation:

Ceteris paribus can be used to identify the relationship between two specific variables, while leaving all other factors constant. In this case, since Jeremy is studying the effects of income on the demand (of anything really, not only Greek ceramics), it should affect all factors affecting demand except income. Jeremy is going to analyze how the quantity demanded changes when the income changes, all other things constant.

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Your parents have made you two offers. The first offer includes annual gifts of $10,000, $11,000, and $12,000 at the end of each
Diano4ka-milaya [45]

Answer:

$28,216

Explanation:

The computation of the minimum amount that you will accept today i.e present value is shown below:

Year            Cash flows          Discount factor                Present value

1                   $10,000.00 0.9259259259           $9,259.26

2                  $11,000.00         0.8573388203           $9,430.73

3                  $12,000.00 0.793832241                   $9,525.99

Total present value                                                          $28,215.97

The discount factor should be computed by  

= 1 ÷ (1 + rate)^years

     

6 0
2 years ago
The firm has just declared a dividend of $1.09 per share for the current fiscal year. The firm has earnings per share of $2.11,
Anna007 [38]

Answer: E) price-earnings ratio will be 14.26 ex-dividend.

Explanation:

Stock prices generally decrease in price by the price of the dividend on ex-dividend date.

This means that this stock will reduce to:

= 31.17 - 1.09

= $30.08

Price to Earnings ratio = Stock price/ Earnings per share

= 30.08/2.11

= $14.26

<em>Option E is correct. </em>

4 0
3 years ago
Security X has an expected rate of return of 13% and a beta of 1.15. The risk-free rate is 5%, and the market expected rate of r
kondaur [170]

Answer:

B) overpriced

Explanation:

Please see attachment

8 0
3 years ago
A business owner makes 50 items by hand in six hours. She could have earned $10 an hour working for someone else. If each item s
ElenaW [278]

Answer:

Please see attachment.

Explanation:

5 0
2 years ago
Chubbs Inc.’s manufacturing overhead budget for the first quarter of 2017 contained the following data.
r-ruslan [8.4K]

Explanation:

a. Manufacturing overhead Flexible budget report

                                Budget      Actual      Favorable (Unfavorable)

Variable cost          

Indirect material      $11,100      $14,900     $3,800  U

Indirect labor           $11,000     $9,600      $1,400   F

Utilities                     $7,700      $9,100       $1,400   U

Maintenance            $5,500     $4,800      $700     F

Total Variable cost  $35,300    $38,400    $3,100  U

Fixed expenses

Supervisory Salary    $36,700   $36,700     0

Depreciation              $6,100       $6,100      0

Property, taxes          $7,400       $8,500    $1,100    U

Maintenance              $4,900      $4,900     0            U

Total fixed expense  $55,100     $56,200  $1,100    U

Total controllable

cost                             $90,400    $94,600   $4,200 U

b.          Manufacturing overhead Responsibility report

Controllable cost     Budget      Actual      Favorable (Unfavorable)

Indirect material      $11,100      $14,900     $3,800  U

Indirect labor           $11,000     $9,600      $1,400   F

Utilities                     $7,700      $9,100       $1,400   U

Maintenance            $10,400    $9,700      $700      F

Supervisory salaries$36,700   $36,700     0

Total                          $76,900   $80,000    $3,100  U

8 0
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