Answer: The answer is price is 15 equilibrium quantity is 75 Consumer surplus is 60 Producer surplus is 90
Explanation:
D=120-3P
S= 3P - 30
At equilibrium Qd=QS
120-3P=3P-30
Collect like terms
120-30=3P+3P
Divide both sides by 6
90/6=6P/6
15=P
P=15
Substitute the value of P into equation 1
120-3 (15)
120-45
=75
To calculate the consumer surplus
Equilibrium quantity-Price
75-15
=60
To calculate producer surplus
Equilibrium quantity +Price
75+15
=90
Answer:
Goodwill is $103,000
Explanation:
The computation of the goodwill amount is shown below:
= Fair market value - net value
where,
Fair market value is $206,000
And, the net value equals to
= Total assets - liabilities
= $206,000 0 $103,000
= $103,000
Now put these values to the above formula
So, the value would equal to
= $206,000 - $103,000
= $103,000
Answer:
The best answer would be 1. the minimum level of cash to be kept in a checking account.
Explanation:
A Working capital management refers to the efforts of the management towards effective management of current assets and current liabilities. It ensures profitability and overall financial health for businesses.
Answer:
this bond will trade at $912.05.
Explanation:
There is an Inverse relationship between the yield and the price of bond.
- As the yield goes up, the price of bond goes down, that is trade at discount.
- Whereas, as the yield goes down, the price of bond goes up, that is trade at a premium.
The Bond investment in Sisyphean Company is trading at a discount.
The Price of the Bond, PV can be determined as follows..
PV = ?
FV = $1,000
PMT = ($1,000 × 8%) ÷ 2 = $40
P/yr = 2
YTM = 9.6%
n = 8 × 2 = 16
Using a Financial Calculator, the Price of the Bond, PV is $912.05.
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