Answer: "The rise in the price of a pair of running shoes will increase the supply of running shoes".
This statement is <u><em> false</em></u> because <em><u>a decrease in demand for running shoes does not increase the price of a pair of running shoes and an increase in the price of a pair of running shoes does not increase the supply of running shoes. </u></em>
This occurs as the price of a pair of running shoes increases,therefore decreasing the demand and thus the supply will not increase.
Answer:
A. -0.80
B. 2.20
Explanation:
A. Calculation for your net profit on the option if Pfizer’s stock price does not change over the life of the option
Net profit per share=max(53-55,0)-0.80
Net profit per share=0-0.80
Net profit per share=-0.80
Therefore your net profit on the option if Pfizer’s stock price does not change over the life of the option is -0.80
b. Calculation for your net profit on the option if Pfizer’s stock price falls to $50 and you exercise the option
Net profit per share
=max(53-50,0)-0.80
Net profit per share=3-0.80
Net profit per share=2.20
Therefore your net profit on the option if Pfizer’s stock price falls to $50 and you exercise the option is 2.20
Answer:
Allocation rate Machining= $50 per machine hour
Explanation:
Giving the following information:
Estimated Machining cost= $4,000,000
Estimated Number of machine hours= 80,000
<u>To calculate the allocation rate for the Machining department, we need to use the following formula:</u>
Allocation rate Machining= total estimated costs for the period/ total amount of allocation base
Allocation rate Machining= 4,000,000 / 80,000
Allocation rate Machining= $50 per machine hour
Not knowing there market or customer's needs.
Answer:
shift work
Explanation:
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