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3 years ago

Answer the question

Business

1 answer:

Shtirlitz [24]3 years ago

4 0

Smallville will import 2000 units.

Using the equations given, calculate supply and demand for that price and then find the difference between the 2 to see if you will need to import to meet supply or export to get rid of extra supply.

Find demand at the given price:

p =5000-.5Q

3000 = 5000- .5Q (subtract 5000 from both sides)

-2000 = -.5Q (now divide by -.5 on both sides)

Q = 4000

So at the Price of $3000, quantity demanded (Q) will be 4000

Now, find quantity supplied at the same price:

P = 1.5Q

3000 = 1.5 Q (divide both sides by 1.5)

Q= 2000

Compare these two numbers. At a price of $3000, we know there will be a demand of 4000 units and a supply of only 2000 units. To meet demand, Smallville must import 2000 units.

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Your classmates from the University of Chicago are planning to go to Miami for spring break, and you are undecided about whether

Art [367]

Answer:

You should use the discount coupon to pay for the Chicago-Miami trip. Not considering the personal motivations for the trip, the coupon is worth $500. The cost of flying is $600, so you will only pay $100 yourself. You will be spending $900 + $1000 = $1,000 in total.

The opportunity cost of using the coupon is $350 (the cost of the round trip to Atlanta). Even if you add the $350 to the $1,000 expense, the total is $1,350, less than your $1,400 maximum budget.

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4 years ago

Arthur Corporation has a margin of safety percentage of 25% based on its actual sales. The break-even point is $290,400 and the

timurjin [86]

Answer:

$53,240

Explanation:

We know that,

Break even point = Fixed cost ÷ contribution margin ratio

$290,400 = Fixed cost ÷ 55%

So, the fixed cost = $290,400 × 55% = $159,720

As the variable expense is 45% and we assume the sales is 100%, so the contribution ratio would be 100% - 45% = 55%

Now the margin of safety equal to

= (Expected sales - break even sales) ÷ (expected sales) × 100

25% = (Expected sales - $290,400) ÷ (expected sales) × 100

25% Sales = (Expected sales - $290,400)

So, the expected sales would be

= $290,400 ÷ 75%

= $387,200

Now the actual profit equals to

= Sales - variable expenses - fixed cost

= $387,200 - $174,240 - $159,720

= $53,240

The variable expense is computed below:

= $387,200 × 45%

= $174,240

4 0

3 years ago

Comcast (CMCSA) is trading at 54.33. You decide to short sell 100 shares of their stock, providing 2850 in collateral to your br

s344n2d4d5 [400]

Answer: =-9.34%

Explanation:

Assuming the brokerage account pays no interest on your cash, the return, relative to the collateral will be calculated as:

= (Short sell price - dividend - Share buy price)/Capital employed

= (5433 - 100 - 5600) / 2850

= -267 / 2850

= -0.09368

=-9.34%

Note:

Short sell price = 54.33 × 100 = 5433

Dividend = 100

Share buy price = 56 × 100 = 5600

3 0

3 years ago

What's a name idea for a blue lipe gloss?

Anit [1.1K]

Answer:

September Sapphire?

Explanation:

September Sapphire

Angelica

Ocean

Sky

8 0

4 years ago

Which of the following statements indicate a disadvantage of using the regular payback period (not the discounted payback period

Olin [163]

Answer:

A & C are correct

Explanation:

Payback period is a capital budgeting technique used to determine the number of years it would take a project cash inflows to fully recover the initial amount invested. Since it involves basic addition of subsequent expected cash inflows to determine at what point in time the balance changes from negative to positive ,regular payback period does not take into account the time value of money.

Additionally, payback period determination ignores future cashflows after the balance has changed from negative to positive. Due to this reason, it does not take into account the project's entire life.

6 0

3 years ago