Answer:
Movie tickets and concert tickets
.
Explanation:
The indifference curve is a chart showing a mixture of two products providing equal value and usefulness for the customer.
- That point on a graph of indifference indicates a customer is oblivious here between two and all points offer him the very same value.
- The indifference curve method was used not only to describe the actions and demand of customers but also to evaluate and clarify numerous other economic issues.
Answer:
$487,400
Explanation:
Equity which represents the amount owed to the owners of the business includes retained earnings (which is the accumulation of the net income/loss over the years less dividends paid) and common shares.
The total shareholders’ equity at the end of Year 1
= $442,400 + $98,000 + $1,000 - $54,000
= $487,400
Common stock, net gain on available-for-sale investments in debt securities and report net profit increases the shareholder's equity while dividend paid reduces it hence the signs assigned.
Answer:
712 Units
Explanation:
Given
Order Quantity = 4800 units
Safety Stock = 112 units
Since Hasty Manufacturing make orders 4 times in a year, then Safety Stock = 4 * 112 = 448
Average inventory = ½(Order Quantity) + Safety Stock
Average inventory = ½ * 4800 + 448
Average Inventory = 2400 + 448
Average Inventory = 2848 for 4 Orders per annum
Also, they make order 4 times a year.
So, the Average Inventory per order = 2848/4
So, Average Inventory = 712
Answer:
8%
Explanation:
Margin of safety can be described as the level sales can fall to before a firm reaches its break-even point.
Margin of safety = 
[(326,000 - 300,000) / 326,000] x 100 = 0.0797 = 8%
