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frez [133]
3 years ago
15

Refer to Exhibit 3-17. At a price of $20, the quantity demanded of good X is ____________ than the quantity supplied of good X,

and economists would use this information to predict that the price of good X would soon ______________. This would push the price __________ the equilibrium price.
Business
1 answer:
zlopas [31]3 years ago
3 0

Answer:

Less, fall, toward

Explanation:

Refer to Exhibit 3-17. At a price of $20, the quantity demanded of good X is less than the quantity supplied of good X, and economists would use this information to predict that the price of good X would soon fall. This would push the price toward the equilibrium price.

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tarbucks entered a partnership with Keurig Green Mountain to sell K-Cup single-serving coffee packs. Because Starbucks _________
kherson [118]

Answer:

E)

Explanation:

It was prepared for this because Starbucks tracked, as part of its ongoing environmental scanning activities, the percentage of households with single-cup brewers. The data that they managed to gather through this study allowed them to quickly determine that there was a large percentage of households with single-cup brewers and therefore the customer base was there. Having a large customer base would drastically increase their chances of obtaining massive profits by simply providing the necessary product to those households, which they plan to do with this partnership.

7 0
3 years ago
Two investment opportunities are as follows:________. Alt A Alt B First Cost 200 100 Uniform annual benefit 32 27 End of useful
Talja [164]

Answer:

Since the 4.34 NPV of Alt A is greater than the 2.35 NPV of Alt B, it therefore implies that Alt A should be selected.

Explanation:

Note: The data in the question are merged together. They are therefore sorted before answering the question as follows:

                                                          Alt A              Alt B

First Cost                                           200                 100

Uniform annual benefit                       32                   27

End of useful life salvage value         20                    0

Useful life, in years                              10                     5

The explanation to the answer is now given as follows:

a. Calculation of NPV of Alt A

First Cost = 200

PV of uniform annual benefit = P * ((1 - (1 / (1 + r))^n) / r) ……………………. (2)

Where;

P = uniform annual benefit = 32

r = MACC = 10%, or 0.10

n = number of useful years = 10

Note: The formula for calculating the present value of ordinary annuity is being used here to calculate the Present Value (PV) of uniform annual benefit.

Substitute the values into equation (1) to have:

PV of uniform annual benefit = 32 * ((1 - (1 / (1 + 0.10))^10) / 0.10) = 32 * 6.14456710570468 = 196.63

PV of Salvage value = FV / (1 + r)^n ..................... (2)

Where;

FV = End of useful life salvage value = 20

r = MACC = 10%, or 0.10

n = number of useful years = 10

Note: The normal formula for calculating the present value (PV) is being used here to calculate the PV of Salvage value

Substitute the values into equation (2) to have:

PV of Salvage value = 20 / (1 + 0.10)^10 = 20 / 2.5937424601 = 7.71

Net present value (NPV) of Alt .A = PV of uniform annual benefit + PV of Salvage value - First cost = 196.63 + 7.71 - 200 = 4.34

b. Calculation of NPV of Alt B

First Cost = 100

PV of uniform annual benefit = P * ((1 - (1 / (1 + r))^n) / r) ……………………. (3)

Where;

P = uniform annual benefit = 27

r = MACC = 10%, or 0.10

n = number of useful years = 5

Note: The formula for calculating the present value of ordinary annuity is also being used here to calculate the Present Value (PV) of uniform annual benefit.

Substitute the values into equation (3) to have:

PV of uniform annual benefit = 27 * ((1 - (1 / (1 + 0.10))^5) / 0.10) = 27 * 3.79078676940845 = 102.35

NPV of Alt B = PV of uniform annual benefit - First cost = 102.35 – 100 = 2.35

c. Decision

Since the 4.34 NPV of Alt A is greater than the 2.35 NPV of Alt B, it therefore implies that Alt A should be selected.

6 0
3 years ago
Why are manufactured goods more valuable to the economy than services (select all that apply)
ahrayia [7]
The answer is no 2 and 4
5 0
2 years ago
Production and sales estimates for May for Cardinal Co. are as follows: Estimated inventory (units), May 1 19,500 Desired invent
maxonik [38]

Answer:

21,000 units

Explanation:

The number of units expected to sold in May is the combination of  expected sales volumes in Territory W,Territory X and Territory Y.

In other words,total sales volume is the addition of all segments' sales volume.

Territory W has expected sales of 6,000 units

Territory X has expected sales of 7,000 units

Territory Y has expected sales of 8 000 units

Total units expected to be sold=6,000+7,000+8,000

                                                   =21,000 units

The expected production could be computed as expected sales volume +desired ending inventory minus desired opening inventory

4 0
3 years ago
On June 10, Tuzun Company purchased $8,000 of merchandise on account from Epps Company, FOB shipping point, terms 2/10, n/30. Tu
erastova [34]

Answer:

Explanation:

The journal entries are shown below:

On the books of Tuzun Company:

On June 10

Merchandise Inventory A/c $8,000

           To Accounts payable A/c $8,000

(Being inventory purchased on credit)  

On June 11  

Merchandise inventory A/c Dr $400

           To Cash A/c $400

(Being freight is paid by cash)  

On June 12

Account payable A/c Dr $300

      To Merchandise inventory A/c $300

(Being returned inventory is recorded)

On June 19

Accounts payable A/c Dr $7,700 ($8,000 - $300)

     To Cash A/c   $7,546                    

     To Merchandise Inventory A/c $154 ($8,000 - $300) × 2%  

(Being due amount is paid and the remaining balance is credited to the cash account)

On the books of Epps Company:

On June 10

Accounts receivable A/c Dr $8,000

        To Service revenue A/c $8,000

(Being service provided is recorded)

Cost of goods sold A/c Dr $4,800

       To Merchandise inventory A/c $4,800

(Being inventory sold at cost)

On June 12

Accounts receivable A/c Dr $300

        To Service revenue A/c $300

(Being returned inventory is recorded)

Cost of goods sold A/c Dr $70

          To Merchandise inventory A/c $70

(Being fair value is recorded)

On June 19

Cash A/c Dr $7,546

Sales discount A/c Dr $156

      To Accounts receivable A/c $7,700

(Being payment is received)

6 0
3 years ago
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