Answer:
a) $22,010
b) $3,780
c) $25,790
Explanation:
a) In calculating the value of inventory still left, the total value needs to be calculated first,
= (80 freezers * $540) + $820 ( transport fees)
= 43,200 + 820
= $44,020
40 out of 80 freezers have not been sold so,
= 40/80 * 44,020
= $22,010
b) In calculating the profit, subtract the expenses from the sales
Sales = 40 * 700
= $28,000
= 28,000 - Cost of refrigerators - commission of 6% of sales - advertising - installation
= 28,000 - 22,010 - (28,000*0.06) - 180 - 350
= $3,780
c) The amount remitted by the consignor will be,
= Sales - commission - advertising - installation
= 28,000 - (28,000 * 0.06) - 180 - 350
= $25,790
Answer:
<u> Fire trucks
</u>
Explanation:
Assume Miles buys a set of building blocks at $50. This increases his utility by 100 units. But in $50, he can buy 2.5 units of fire trucks and his utility can increase by 80*2.5 = 200 units. In $50, he can buy 10 trains and his utility can increase by 15*10=150 units. Since by spending $50 on fire trucks Miles gets maximum utility, he will buy fire trucks.
Answer:
a. $39.40 per share
b. 8.63%
Explanation:
a. The computation of the NAV of the fund is shown below:
= (Assets - liabilities) ÷ (Number of outstanding shares)
= ($200 million - $3 million) ÷ (5 million shares)
= ($197 million) ÷ (5 million shares)
= $39.40 per share
b. The computation of the premium or discount as a percent of NAV is shown below:
Since the selling price is $36 but its NAV is $39.40
So, the discount would be equal to
= $39.40 - $36
= $3.40
The discount percentage equals to
= $3.40 ÷ $39.40
= 8.63%
These are some of my personal benifits of strategic management process:
It allows organizations to be proactive rather than reactive. A strategic plan allows organizations to foresee their future and to prepare accordingly.
It sets up a sense of direction.
It increases operational efficiency.
It helps to increase market share and profitability.
It can make a business more durable.
I hope it helped you!
