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3 years ago

Given question three, what is the equilibrium quantity

Business

1 answer:

Anvisha [2.4K]3 years ago

8 0

Equilibrium quantity is the quantity demanded at the supply and demand curve equilibrium.

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Sutton Pointers Corporation expects to begin operations on January 1, 2015; it will operate as a specialty sales company that se

Neporo4naja [7]

Answer:

a. January= $300,000, February = $345,000 and March = $396,750

b. $1,041,750

c. January= $198,000, February = $296,700 and March = $374,205

d. $22,545

Explanation:

Sales Budget [to determine sales revenue]

January = $300,000

February ($300,000 × 1.15) = $345,000

March ($300,000 × 1.15^2) = $396,750

Revenue for the quarter = $1,041,750

Cash Receipts Schedule [to determine receipts and receivables balance]

January February March

Sales $300,000 $345,000 $396,750

Receipt - 66% ($198,000) ($227,700) ($261,855)

Receipt - 23 % - ($69,000) ($79,350)

Receipt - 11 % - - ($33,000)

Total Receipts ($198,000) ($296,700) ($374,205)

Account Receivable $102,000 $48,300 $22,545

6 0

3 years ago

Arabian Beauty Cosmetics borrowed BD 152.300 from the National Bank of Bahrain (NBB) for three years. If the quoted rate (APR) i

Tju [1.3M]

Answer: 12.47%

Explanation:

First convert the APR to the relevant periodic rate.

The compounding is done daily so the periodic rate is:

= 11.75%/365

Effective Annual rate is calculated by the formula:

= ( 1 + periodic rate) ^ compounding period per year - 1

= ( 1 + 11.75%/365)³⁶⁵ - 1

= 12.47%

5 0

3 years ago

Lata is writing a message to her boss. She has discovered a source for office supplies that carries name brands but whose prices

Triss [41]

Answer:

The correct answer is Direct order.

Explanation:

Many times a day we receive and give orders. When we entrust a specific function to our employee or subordinate, how do we do it? By giving a direct order to execute it or we use what we call delegation. Through the delegation, we entrust this employee not only to do what has been communicated to him, but also to take responsibility from start to finish, reporting once the order has been executed to whoever has given it.

7 0

3 years ago

Chandler Tire Co. is trying to decide which one of two projects it should accept. Both projects have the same start-up costs. Pr

mojhsa [17]

Answer:

The second project should be chosen. Because the present value of the second project is greater than that of the first project.

Explanation:

The project that should be chosen can be determined by comparing the present value of both projects.

Present value is the cash flows from a project discounted at the discount rate.

Present value can be found using a financial calculator;

For project 1,

Cash flow each year from year one to six is $52,000

Discount rate = 15%

Present value =$196,793.10

For project 2,

Cash flow each year from year one to eight is $48,000

Discount rate = 15%

Present value =$215,391.43

The second project would be chosen because its present value is greater than that of the first project.

I hope my answer helps you

6 0

3 years ago

Trade deficits usually occur when crops are in short supply.<br> O True<br> O False

FromTheMoon [43]

I think the answer is true, but if I’m wrong sorry

5 0

3 years ago

Given question three, what is the equilibrium quantity​

Given question three, what is the equilibrium quantity