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3 years ago

Problem 20: In the year 2001, product A was sold. for $300 per

Business

1 answer:

andre [41]3 years ago

5 0

Answer:

74.52

Explanation:

price= 300

lets assume there were 100 units

old new

sales 30000 34500

Gross profit 6000 7452

Prod cost 24000 27048

DM 6000 6600

DL 9600 11040

OH 8400 9408

Total 24000 27048

new price= 300x115% = 345

so gross profit per unit will be = 7452/100 = 74.52

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Ted Jones owns rental properties in Texas. Each property has a property manager, who collects the rent once per month, arranges

Anarel [89]

Answer:

Answers explained below

Explanation:

1) The purpose of a bank reconciliation to compare the company's records to those of that of the Bank Statement, to see if there are any kind of difference between these two sets of records for ther cash transactions. The bank reconciliation process requires comparing the bank statement with Cash book records towards withdrawals, check payments, direct deposits received by bank, direct payments/charges by bank, cash deposits and financial transfers.

2) To avoid the theft of cash, the internal controls requires a through checks of the receipt and payments in the cash book must be compared with the cash receipts and cash payments by the bank in their bank statement.

3) The misappropriation of cash and showing the outstanding checks at the lower level will indicate that the cash generation by the property is less. It will disturb the valuation of the property by the potential investors through the cash generation method, which will result in loss / harm to Jones.

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3 years ago

A managed mutual fund:

Ilia_Sergeevich [38]

Answer:

b) Has a higher expense ratio than an index fund

Explanation:

A mutual fund is a diversified investment tool. The fund is a collection of different types of stocks that form a single investment asset. It is a basket of stock trading as a single asset. Purchasing one unit of a mutual fund is equivalent to purchasing several portions of each stock that make up the mutual fund.

A professional manager manages the mutual fund. He or she carefully selects the stocks that go into the basket forming the mutual fund. The manager charges a professional fee, which is usually a percentage of the investment. Due to this fee, a mutual fund is relatively expensive as compared to an index fund that does not require the input of a manager.

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3 years ago

Gerald buys a new beard trimmer. However, once he starts using it, he finds out that the trimmer has no settings to adjust the l

Vlad [161]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation

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4 years ago

McGill and Smyth have capital balances on January 1 of $50,000 and $40,000, respectively.

spin [16.1K]

Explanation:

5800 is interest,,,,,,,,,,,,,,,,,,,, ,,,,,,,,,,,,,,, ,,,

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4 years ago

Using the payoff matrix, and assuming no collusion between X and Y, what is the likely pricing outcome? A. Both firms will se

jeka57 [31]

Answer:

A- Both firms will set the price at $35

Explanation:

When there is no collusion,

When Y charges $40, X's best strategy is to charge $35 since payoff is higher ($59 > $57).

When Y charges $35, X's best strategy is to charge $35 since payoff is higher ($55 > $50).

When X charges $40, Y's best strategy is to charge $35 since payoff is higher ($69 > $60).

When X charges $35, Y's best strategy is to charge $35 since payoff is higher ($58 > $59).

Therefore Nash equilibrium is: ($35, $35).

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3 years ago