1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dusya [7]
3 years ago
5

How do i figure out a months ending capital

Business
1 answer:
stealth61 [152]3 years ago
3 0

Ending capital for the month = The month's beginning capital + Additional capital inflow for the month - additional capital outflow for the month

For example: if had $500 at the beginning of a month, you got a dividend of $100 during the month and also spend $50 on entertainment during the month, the ending capital would be 500 + 100 -50 = $550

You might be interested in
A _______________ is a supply chain whose members act like a unified system.
Anvisha [2.4K]

Answer:

e. Vertical marketing system.

7 0
3 years ago
The Acme Widget Company has found that if widgets are priced at s 389, then 1000 will be sold. They have also found that for eve
kvv77 [185]

Answer:

See the explanation below.

Explanation:

a. The number of widgets that will be sold

Let y represent the number of widgets that will be sold, and and we already have x as price of widget, we therefore have:

y - 1,000 = (-600/10) * (x - 389)

y - 1,000 = -60 * (x - 389)

y = 1,000 - [60 * (x - 389) ]

y = 1,000 - 60x + 23,340

y = 24,340 - 60x

b. The revenue generated by the sale of widgets

Let R represent Revenue, therefore we have:

R = xy

R = x(24,340 - 60x)

R = 24,340x - 60x²

c. The cost of producing just enough widgets to meet demand

Let C represent total cost, we therefore have:

C = 8,000 + 97.25y  

C = 8,000 + 97.25(24,340 - 60x)

C = 8,000 + 2,367,065  - 5,835x

C =  2,375,065  - 5,835x

d. The proft from selling widgets

Let P represent profit, we therefore have:

P = R - C

P = 24,340x - 60x²  - (2,375,065  - 5,835x)

P = 24,340x - 60x²  - 2,375,065  + 5,835x

P = - 60x²  + 30,175x - 2,375,065

e. Find the price that will maximize profits from the sale of widgets

Profit is optimum when dP/dx = 0

Therefore, we have

0 = - 120x + 30,175

120x = 30,175

x = 30,175/120 = $251.46

4 0
3 years ago
Explain what test marketing is and its purpose?​
prisoha [69]

Test marketing is a marketing method that aims to explore consumer response to a product or marketing campaign by making it available on a limited basis before a wider release. Consumers exposed to the product or campaign may or may not be aware that they are part of a test group.

3 0
3 years ago
A company started the year with "$185,000 of goods finished" and ready for sale. During the year, a total of $700,000 of goods w
gulaghasi [49]

Answer:

$110,000

Explanation:

The closing balance in the finished goods inventory account is a function of the opening balance and the net movement that occurred during the year.

As such, the closing balance

= opening balance + purchases/production - sales

Given;

opening balance = $185,000

purchases/production = $550,000

sales = $625,000

Therefore,

closing balance in the finished goods = $185,000 + $550,000 - $625,000

= $110,000

6 0
3 years ago
8. You need a particular piece of equipment for your production process. An equipment-leasing company has offered to lease the e
elena-14-01-66 [18.8K]

Answer:

Find attached question containing the cash flows under the purchasing option,note that the discount rate in the attached is 7.1% but the main question has 6.9%,hence  I would make use of 6.9%

The present value of leasing option is lower,hence it is preferred.

Explanation:

The cash flows under the purchasing option is $39,200 now and $2000 each year for 5 years.

In determining the better of the two options we determine the present value of each option as follows:

leasing option=$10,100/(1+6.9%)^1+$10,100/(1+6.9%)^2+$10,100/(1+6.9%)^3+$10,100/(1+6.9%)^4+$10,100/(1+6.9%)^5=$ 41,523.11  

Purchase option=$39,200+$2000/(1+6.9%)^1+$2000/(1+6.9%)^2+$2000/(1+6.9%)^3+$2000/(1+6.9%)^4+$2000/(1+6.9%)^5=$ 47,422.40  

Download xlsx
8 0
3 years ago
Other questions:
  • When the ace hardware store located in franklin mails an advertising flyer to all the residents in the community, it is an examp
    6·1 answer
  • Hannibal Steel Company has a Transport Services Department that provides trucks to haul ore from the company’s mine to its two s
    7·2 answers
  • How does bad debt expense is reported on the income statement?
    6·1 answer
  • A lawn maintenance company compares two ride -on mowersthe Excelsior, which has an expected working-life of six years, and the G
    15·1 answer
  • Wholesome Bread, Inc. advertised that its honey wheat bread had 25% fewer calories than a competing brand, Valley Grains. In fac
    6·1 answer
  • Darlene Company had checks outstanding totaling $5,400 on its June bank reconciliation. In July, Darlene Company issued checks t
    9·1 answer
  • Waddell Company had the following balances in its accounting records as of December 31, 2018
    9·1 answer
  • The following information is for the Jeffries​ Corporation: Product​ A: Revenue ​$18.00 Variable Cost ​$14.00 Product​ B: Revenu
    8·1 answer
  • Poorly timed discretionary macroeconomic policy can do more harm than good. getting the timing right with fiscal policy is gener
    11·1 answer
  • Which of these is not something to consider when trying to get a positive return on investment (roi) for higher education?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!