The estimator determines who is responsible for what cost portion of supplying the temporary utilities.

Which price control would cause a shortage of 20 units of the good? a price floor of $6

bekas [8.4K]

The price control that would cause a shortage of 20 units of the good is price celling set at $6.

<h3>What is price celling ?</h3>

A price ceiling, can as well be regarded as the price cap, which is the highest point at which goods and services can be sold.

This serves as the type of price control as well as the the maximum amount in the market, and in the case , that is described above , The price control that would cause a shortage of 20 units of the good is price celling set at $6.

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8 0

2 years ago

Assume the football team is set up as a limited partnership Lenny is the only general partner and Sarah and Sam are the only lim

Drupady [299]

Answer: he partnership may be sued as well as the partners, and the partners' liability is unlimited (D)

Explanation:

7 0

4 years ago

Furry Friends Supplies Inc., a pet wholesale supplier, was organized on May 1. Projected sales for each of the first three month

Mama L [17]

Answer:

Furry Friends Supplies Inc.

Cash collections Schedule

May June July

$ $ $

Collections for May sales 109,200 39,000 7,800

Collections for June sales 0 122,500 43,750

Collections for July sales 0 0 126,000

Total collections for the month 109,200 161,500 177,550

Explanation:

The collections in May represent 70 % of sales for May of $ 156,000

The collections in June represent 25 % of sales of May ($ 156,000) and 70 % of sales of June ( $ 175,000)

The collections in July represent 5 % of sales of May ( $156,000) 25 % of sales for June ($ 175,000) and 70 % of sales of July ( $ 180,000)

5 0

4 years ago

Urban Drapers Inc., a drapery company, has been successfully doing business for the past 15 years. It went public eight years ag

MakcuM [25]

Answer:

a. The expected valuation for Urban Drapers stock today is $8.78 per share

b. The intrinsic value of SCI's shares is $33.76 per share.

Explanation:

a. Calculation of the expected valuation for Urban Drapers

Expected valuation for Urban Drapers stock today = Constant annual dividend per share / Required rate of return = $2.24 / 25.50% = $8.78

Theerefore, the expected valuation for Urban Drapers stock today is $8.78 per share.

b. Calculation of the intrinsic value of SCI's shares

This can be calculated using the using the Gordon growth model (GGM) formula as follows:

P = D_1 / (r - g) ............................ (1)

Where,

P = current stock price = Intrinsic value of SCI's shares = ?

D_1 = Next dividend = D_0 * (100% + g) = $2.64 * (100% + 5.50%) = $2.7852

r = required return = 13.75%, or 0.1375

g = Expected annual dividend growth rate = 5.50%, or 0.0550

Substituting the values into equation (1), we have:

P = $2.7852 / (0.1375 - 0.0550)

P = $33.76

Therefore, the intrinsic value of SCI's shares is $33.76 per share.

6 0

3 years ago

The beginning inventory at Midnight Supplies and data on purchases and sales for a three-month period ending March 31 are as fol

Sunny_sXe [5.5K]

Answer:

Total Sales $19875,000

Cost Of Goods Sold: $ 11902,000

Gross Profit $ 7973,000

Ending Inventory 11,250 units

Explanation:

Midnight Supplies

DATA

Date Transaction Number of Units Per Unit Total

Jan. 1 Inventory 7,500 $ 75.00 $ 562,500

10 Purchase 22,500 85.00 1,912,500

28 Sale 11,250 150.00 1,687,500

30 Sale 3,750 150.00 562,500

Feb. 5 Sale 1,500 150.00 225,000

10 Purchase 54,000 87.50 4,725,000

16 Sale 27,000 160.00 4,320,000

28 Sale 25,500 160.00 4,080,000

Mar. 5 Purchase 45,000 89.50 4,027,500

14 Sale 3 0,000 160.00 4,800,000

25 Purchase 7,500 90.00 675,000

30 Sale 26,250 160.00 4,200,000

Total Sales $19875,000

Date Transaction Number of Units Per Unit Total

Jan.

28 Sale 11,250 150.00 1,687,500

30 Sale 3,750 150.00 562,500

Feb. 5 Sale 1,500 150.00 225,000

16 Sale 27,000 160.00 4,320,000

28 Sale 25,500 160.00 4,080,000

Mar 14 Sale 3 0,000 160.00 4,800,000

30 Sale 26,250 160.00 4,200,000

Total Sales 125250 19875,000

Cost Of Goods Sold:$ 11902,000

Date Transaction Number of Units Per Unit Total

Jan. 1 Inventory 7,500 $ 75.00 $ 562,500

10 Purchase 22,500 85.00 1,912,500

Feb 10 Purchase 54,000 87.50 4,725,000

Mar. 5 Purchase 45,000 89.50 4,027,500

25 Purchase 7,500 90.00 675,000

Total 136,500 $ 11902,000

Gross Profit = Sales Less COGS

= $19875,000- $ 11902,000

= $ 7973,000

2. Ending Inventory = Units Purchased Less Units Sold

= 136,500-125250 = 11,250 units

5 0

3 years ago