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lozanna [386]
3 years ago
9

The owner of a company that makes souvenir T-shirts produces them at $2 each. He sells them for $5 each and tourists have been b

uying them at 4000 per month. He wants to raise the price and figures that for each $1 increase in price he will sell 400 fewer shirts each month. What price should he charge for each shirt to maximize profit?
Business
1 answer:
Rzqust [24]3 years ago
7 0

Answer:

$15.00

Explanation:

Because 5-2=$3 so you are only making $3 per shirt so raise the price to $15 if you do you would be making $13 per shirt

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When adding a randomly chosen new stock to an existing portfolio, the higher (or more positive) the degree of correlation betwee
lorasvet [3.4K]

Answer:

true                                  

Explanation:

Assume, original stock was A. Now a new stock B is added.

Weight of Stock A in the portfolio=Wa

Weight of Stock B in the portfolio=Wb

Standard Deviation of Stock A=Sa

Standard Deviation of Stock B=Sb

Cova,b=Covariance between Aand B

Portfolio Variance=(Wa^2)*(Sa^2)+(Wb^2*Sb^2)+2*(Wa*Wb*Cova,b)

Correlation between A &B=(Cova,b/Sa*Sb)

Cova,b=Sa*Sb*(Correlation between A&B)

Hence,higher the correlation between A&B, higher will be the covariance (Cova,b).

Hence higher will be the Portfolio variance.

So, the reduction of risk will be lower.

7 0
3 years ago
Stakeholders in a typical corporation include:a) employeesb) employees and managementc) employees, management, customers and own
Tresset [83]

Answer:

Letter d is correct. <u>Employees, management, customers, owners, suppliers and local community.</u>

Explanation:

Stakeholders is a strategic audience of the organization, ie, it is the set of company stakeholders that encompass the internal and external organizational environment. They are the employees, management, customers, owners, suppliers and local community.

It is essential for the company to know its audience, what their motivations, perceptions and values ​​are, as they are responsible for business motivations and organizational success in the short and long term.

Organizational actions and policies will directly influence stakeholders, and the ideal is for the company to implement corporate governance practices to positively influence its audience and ensure competitive and strategic market advantages.

6 0
3 years ago
Southwestern Wear Inc. has the following balance sheet:
makkiz [27]

Answer:

The investors will receive $343,750

Explanation:

In order to calculate the amount each class of investors receive we would have to calulate first the Balance available for Investors as follows:

Balance available for Investors=Total funds received -Trustee’s cost

Balance available for Investors=$2,500,000 -$281,250

Balance available for Investors =$2,218,750

Therefore, Balance available for stock holder=Balance available for Investors-Payment to  Accounts payable-Notes Payable-Subordinated debentures

Balance available for stock holder=$2,218,750 - $375,000 -$750,000 - $750,000

Balance available for stock holder= $343,750

The investors will receive $343,750

7 0
4 years ago
The balance in a company's Cash account on August 31 was $19,700, before the bank reconciliation was prepared. After examining t
SashulF [63]

Answer:

$17200

Explanation:

A balanced sheet is a statement of financial position that list the assets , liabilities and equities of an organization.

The items that affect the current asset (cash)balance in the balanced  sheet for the month  in the question are Cash book  balance , deposit outstanding and check outstanding.

Cash book balance   -           19700

Deposit outstanding -              1800

Less check outstanding -        (4300)

                                                17200

3 0
3 years ago
Bob is shopping in Carl’s Hardware Store when a nail gun in use by Dan, one of Carl’s employees, fires without warning and hits
Zanzabum

Answer and Explanation:

In an action based on strict liability, a plaintiff must show that

(1) a product was defective,

(2) the defendant was in the business of distributing the product,

(3) the product was unreasonably dangerous due to the defect,

(4) the plaintiff suffered harm,

(5) the defect was the proximate cause of the harm, and

(6) the goods were not substantially changed from the time they were sold.

A plaintiff does not have to show that there was a failure to exercise due care, and this distinguishes an action based on strict liability from an action based on negligence, which requires proof of a lack of due care. If Bob establishes his case, the court in this problem is most likely to rule in his favor, because the manufacturer is strictly liable in this case. Strict liability allows a plaintiff to recover damages for injuries resulting from product defects without proof of fault.

3 0
3 years ago
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