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rewona [7]
3 years ago
13

Salim sells fax machines that come in Standard and Enhanced models. The Standard model sells for $325 and the Enhanced model sel

ls for $385. If Salim sold a total of 35 units and took in $12,575, how many of the Enhanced model did he sell?
Business
1 answer:
patriot [66]3 years ago
3 0

Answer:

The 20 units of enhanced should he sold.

Explanation:

For computing the units, we have to assume the things which is shown below:

we know that the sum of standard model and enhance model is 35 units

So, standard model be X

And, the enhance model be 35-X

So, the equation would be

Standard model + enhance model = $12,575

$325X + $385 × (35-X)  = $12,575

$325X + $13,475 - $385X = $12,575

- 60X = $12,575 - $13,475

- 60X = -$900

So, X = 15 units

That means standard model is 15 units and the enhanced model is 20 units (35 units -15 units)

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An increase in input prices causes:___________
Svetach [21]

Answer: the market supply to shift inward, driving the equilibrium price higher.

Explanation:

An increase in input prices will result into a rise in the production costs. This will result in a leftward shift of the supply curve.

Therefore, the market supply will shift inward, driving the equilibrium price higher. This simply means that there will be lesser supply of the product and hence, increase in price.

5 0
2 years ago
The current value in today's dollars of a future sum of money is called :______
AleksandrR [38]
Ans: (a) present value
4 0
2 years ago
1 of 5) What does it mean to "Diversify" your portfolio?
eduard

Answer:

D. A and B

Explanation:

5 0
3 years ago
Suppose a company signs a three-year lease agreement. The lease payments have a present value of $40,000. Prior to signing the l
larisa [96]

Answer:

The balance of total assets, total liabilities, and total stockholders' equity is $640,000, $440,000 and $200,000 respectively.

Explanation:

The computation of the balance of total assets, total liabilities, and total stockholders' equity after considering the lease payment  is shown below:

For Total assets  

= Total assets balance + present value of lease payments

= $600,000 + $40,000

= $640,000

For Total liabilities

= Total liabilities balance + present value of lease payments

= $400,000 + $40,000

= $440,000

And, the total stockholders' equity is $200,000

While computing the stockholder equity, the lease payment does not have an impact on the stockholder equity so the balance would remain the same as before

4 0
2 years ago
can produce two types of light fixtures, the indoors model and the outdoors model. if the total sales are expected to be 21,050
mars1129 [50]

Answer:

$1,000,000    

Explanation:

The computation is shown below:

<u> Particulars               Indoors Model                Outdoors Model            Total </u>

No of Units

(21,050 in ratio 2:3)     8,420                                   12,630                  21,050

Sales                          1,263,000                            2,778,600            4,041,600

Less: Variable costs   168,400                                 505,200              673,600

Contribution margin   1,094,600                            2,273,400               3,368,000

Less: Fixed costs

(2,160,000 + 208,000)                                                                    2,368,000

Operating Income                                                                           1,000,000

7 0
2 years ago
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