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3 years ago

Alice is willing to spend $30 on a pair of jeans, and has a coupon for $10 off she found online.

Business

1 answer:

oee [108]3 years ago

3 0

Answer:

Explanation:

The computation of Alice's consumer surplus is shown below:

Consumer surplus = Willing to spend - Market price after considering the discount

where

Willing to spend = $30

Market price equals to

= Purchase a pair of jeans - coupon rate

= $35 - $10

= $25

So, the consumer surplus is equal to

= $30 - $25

= $5

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Lang Warehouses borrowed $196,401 from a bank and signed a note requiring 7 annual payments of $33,942 beginning one year from t

Snezhnost [94]

Answer:

Explanation:

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator

The interest rate implicit in the agreement can be determined by finding the internal rate of return.

Cash flow in year 0 = $-196,401

Cash flow each year from year 1 to 7 = $33,942

IRR = 5%

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.

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3 years ago

Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows.(a) Indicate the missing amoun

Sliva [168]

Answer:

Incomplete manufacturing costs:

Case 1 Case 2

Direct materials used $9,700 $3,900

Direct labor 5,100 8,100

Manufacturing overhead 8,400 4,100

Total manufacturing costs 23,200 16,100

Beginning work in process inventory 1,100 9,100

Ending work in process inventory 7,200 3,100

Sales revenue 25,000 31,500

Sales discounts 2,600 1,500

Cost of goods manufactured 17,100 22,100

Beginning finished goods inventory 5,000 3,400

Goods available for sale 22,100 25,500

Cost of goods sold 18,600 22,900

Ending finished goods inventory 3,500 2,600

Gross profit 3,800 7,100

Operating expenses 2,800 2,000

Net income 1,000 5,100

Explanation:

To work out the missing figures involves some manoeuvres of the figures, working up or down as the case may be. For example, to calculate the cost of goods sold in Case 1, I deducted the ending inventory of finished goods from the Goods available for sale. With this figure, it becomes possible to work out the Gross profit and the Net income.

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3 years ago

g An automobile dealer expects to sell 529 cars a year. The cars cost $11,000 plus a fixed charge of $500 per delivery. If it co

harkovskaia [24]

Answer:

Order size = 23 cars

The number of orders = 23

Explanation:

The economic order quantity (EOQ) is the order size that reduces the balance of holding and ordering cost. It is to be noted that at EOQ, the carrying cost is equal to the holding cost.

The EOQ is computed as shown below;

= √ 2 × Co × D)/Ch

Co = Ordering cost

D = Annual demand

Ch = Carrying cost

EOQ = √ 2 × 500 × 529 / 1,000

EOQ = 23

Number of cars to be ordered per time, I.e optimal order size = 23

Order size = 23 cars

2. The number of times orders should be placed per year would be calculated as;

Number of orders = Annual demand / Order size

Number of orders = 529 / 23

Number of orders = 23

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3 years ago

_____ has the ability to introduce methods in which government can use to assist in ensuring equity.

dezoksy [38]

Answer: Social Welfare

Hope this helped!

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2 years ago

Access the EDGAR database (SEC.gov) and obtain the July 2018 form 10K filing (for the year ended May 31, 2018) for NIKE, Inc.

stich3 [128]

<u>Solution and Explanation:</u>

Particulars 2018 2017 2016

Revenues (a) 36,397 34,350 32,376

Cost of sales (b) 20,441 19,038 17,045

Gross profit (c) = (a) - (b) 15,956 15,312 14,971

Gross margin ration

$\text { (c) } /(a) * 100$ 43.8% 44.6% 46.2%

Monetary 2018 Compared to Fiscal 2017

For monetary 2018, our merged gross edge was 80 premise focuses lower than financial 2017, essentially mirroring the accompanying components:

• Unfavorable changes in net outside cash trade rates, including supports (diminishing gross edge roughly 90 premise focuses);

• Lower NIKE Direct edge (diminishing gross edge roughly 10 premise focuses) reflecting higher blend of off-value deals in the principal half of financial 2018, which was in part balanced by edge extension in the second 50% of monetary 2018;

• NIKE Brand the maximum ASP, net of limits, on a discount proportionate premise, which was level for financial 2018 as higher limits in the principal half of monetary 2018 were counterbalanced by higher the maximum ASP in the second 50% of the year; and

• NIKE Brand item costs, on a discount equal premise, which were level.

<u>Financial 2017 Compared to Fiscal 2016 </u>

For financial 2017, our merged gross edge was 160 premise focuses lower than monetary 2016, basically determined by the accompanying elements:

• Higher NIKE Brand the maximum ASP, net of limits, on a discount comparable premise (expanding gross edge around 70 premise focuses) lined up with our methodology to convey creative, premium items to the purchaser;

• Higher NIKE Brand item costs (diminishing gross edge roughly 100 premise focuses) as an expansion in the blend of greater expense items and work input cost swelling more than balance lower material information costs;

• Unfavorable changes in net remote money trade rates, including fences (diminishing gross edge around 90 premise focuses); and

• Lower NIKE Direct edges (diminishing gross edge roughly 20 premise focuses) mirroring the effect of higher off-value deals.

5 0

3 years ago