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Xelga [282]
3 years ago
6

Monty Inc. produces organic cranberry juice from cranberries it farmed. Unfortunately, it has been a bad year for cranberries be

cause of severe cold weather. Monty has only 10,000 litres of juice. It usually sells 15,000 litres at $3.10 per litre. The variable costs of farming the cranberries are $0.90 per litre. Monty has loyal customers, but its managers are worried that the company will lose customers if it does not have juice available for sale when people stop by the farm. A neighbour is willing to sell 5,000 litres of extra cranberry juice at $3.00 per litre.
Required:
Using the general decision rule, what is the most per litre that Riverbed's managers would be willing to pay for additional juice?
Business
1 answer:
Vesnalui [34]3 years ago
7 0

Answer:

$3.10 per litre

Explanation:

Riverbed will agree to buy the additional cranberries for at most $3.10 per litre since this is their normal selling price. They can buy at this price and accept to not make profit since they are out to satisfy customers now and are not necessarily looking to make profit.

Therefore cost of purchase of extra cranberries would equal selling price at maximum

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Well, these are the ways u can be productive at a new workplace:
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4 0
4 years ago
Ed lives in Merchantville , a state that has a so-called merchant protection statute (or shopkeeper's privilege). One day Ed goe
andre [41]

Answer:

the gourmet food that he was fed was poorly prepared

Explanation:

Shopkeeper's priviledge is the law that allows United States shop owners detain people that shoplifted from their shop.

They must have proof that the person did the crime and also are only able to hold him for a reasonable time.

In the given scenario the shop owner catches Ed red-handed in the act of shoplifting. He and an employee gently restrain Ed in the back room, feeding him gourmet food and wine until the local sheriff finally shows up three days later.

Ed can win a tort of false imprisonment if the gourmet food that he was fed was poorly prepared.

There must be proper care given while the suspect is being detained. Being fed poorly prepared food means he was detained under conditions that could be detrimental to his health

8 0
3 years ago
Cine Creation sold plant assets at a $ 16 comma 000 loss. Where on the statement of cash flows should Cine Creation report the s
Vanyuwa [196]

Answer:

1. On the statement of cash flow record the sale of the asset under the investment section.

2. -$16,000

Explanation:

In Cash flow Statements every asset purchases and sales are viewed as investments, so you record asset sales in the investment section of the cash flow.

Therefore the exact value of the sales is recorded.

8 0
4 years ago
I'm leaving this ACC take the points-
ICE Princess25 [194]
TY OMG THIS MEANS SO MUCH
5 0
3 years ago
Read 2 more answers
How much is ​$100 to be received in exactly one year worth to you today if the interest rate is 20​%?
laiz [17]

Answer:

Final Value= $120

Explanation:

Giving the following information:

How much is ​$100 to be received in exactly one year worth to you today if the interest rate is 20​%.

We need to calculate the future value of the principal and the compounded interest:

FV= PV*(1+i)^n

FV= 100*1.20^1= $120

5 0
3 years ago
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