Answer:
a.
P = $3.50 per gallon
b.
Equilibrium Quantity = 165 million gallons
Explanation:
a.
The equilibrium price is the price at which Quantity demanded equals quantity supplied. To calculate the equilibrium price using the given equations for demand and supply, we need to equate both equations.
<u>Equilibrium Price (P) calculation</u>
QD = QS
200 - 10P = -10 + 50P
200 + 10 = 50P + 10P
210 = 60P
P = 210 / 60
P = $3.50 per gallon
b.
The equilibrium quantity can be calculated by inserting the value of Price (P) in any of the equation for demand or supply.
Equilibrium Quantity = 200 - 10(3.50)
Equilibrium Quantity = 200 - 35
Equilibrium Quantity = 165 million gallons
Answer:
A.(1,500) = NA + (1,500) (1,500) - NA = (1,500) 48,500 OA
Explanation:
Cash discount=$50,000*3%=1,500
Cash from Customer=$50,000-$1,500=$48,500
Collection from customer will be reflected in current assets as whole part of total assets.
Therefore because of cash discount net assets will be reduced by $1,500 as it will no longer be received. Where as Cash of$48,500 will increase net assets.
Answer: 6.69%
Explanation:
The weighted average cost of capital is calculated as:
= (Weight of equity * Cost of equity) + (Weight of debt * after-tax cost of debt)
Weight of equity:
= 30 million / (30 + 90 million)
= 25%
Weight of debt:
= 100% - Weight of equity
= 100% - 25%
= 75%
WACC = (25% * 11%) + (75% * 7% *(1 - 25% tax rate))
= 2.75% + 3.9375%
= 6.69%
Answer:
Douglas McGregor
Explanation:
Douglas MacGregor is widely known for his theories termed as Theory "X and Theory " Y". In his attempt to derive at this theory, he utilized Maslow’s work as the basis for his own work defining two different types of managers.
Douglas MacGregor is also considered as a social psychologist who focused on management in business-related issues.
Hence, the right answer is Douglas MacGregor
