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3 years ago

Any given demand or supply curve is based on the ceteris paribus assumption that ___________________.

Business

1 answer:

Naily [24]3 years ago

8 0

Answer:

All else is help equal, is the right answer.

Explanation:

“All else is help equal” is the correct answer because the demand curve is downward sloping and the supply curve is upward sloping. Here, the relationship between the price and demand is negative that means a rise in price leads to a fall in demand or vice versa. Similarly, in the case of supply, the price and supply are positively related that means a rise in price leads to a rise in supply or a fall in price lead to a fall in supply.

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George recently received a great stock tip from his friend, Mason. George didn’t have any cash on hand to invest, so he decided

svetoff [14.1K]

Answer:

The amount may he deduct as interest in 2015 is $960.

Explanation:

As per the provision of IRS (reference to 550), any amount of interest due towards money borrowed for investment purposes (also known as investment interest) can be claimed as a deduction. Therefore, it becomes important to allocate the total amount of loan/borrowing between the amount utilized for personal/business purposes and investment purposes.

In the given case, George has borrowed $20,000, out of which $16,000 has been used for investment purposes, that is, 80% (16,000/20,000*100%), while the remaining 20% (4,000/20,000*100) is used for personal purposes (purchase of four-wheel recreation vehicle). Out of the total interest of $1,200 (20,000*8%*9/12) due on the amount borrowed, $960 (1,200*80%) can be claimed as deduction (in the form of investment interest). The remaining $240 cannot be claimed as deduction.

Therefore, The amount may he deduct as interest in 2015 is $960.

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3 years ago

The Blanket Company (TBC) manufactures two types of blankets. One is made of nylon. The other is made of wool. The budgeted per-

Ksenya-84 [330]

Answer:

contribution margin of nylon blankets = $64

contribution margin of wool blankets = $120

annual fixed costs = $743,000

sales mix = 75% nylon blankets, 25% wool blankets

weighted contribution margin = ($64 x 75%) + ($120 x 25%) = $78

if TBC wants ot make $115,000 in profits it must sell:

= ($743,000 + $115,000) / $78 = 11,000 units

TBC must sell 2,750 wool blankets and 8,250 nylon blankets.

The Blanket Company (TBC)

Income Statement

Sales revenue $1,804,000

Variable costs <u>($946,000)</u>

Contribution margin $858,000

Fixed costs <u>($743,000)</u>

Operating income $115,000

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3 years ago

Cute Camel Woodcraft Company just reported earnings after tax (also called net income) of $8,000,000, and a current stock price

kykrilka [37]

Hey I just wanna tell I look forward

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4 years ago

Which NIMS Management Characteristic helps to eliminate confusion caused by multiple, conflicting directives

SpyIntel [72]

Answer:conflicting directives

Explanation:

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3 years ago

Read 2 more answers

Elite Trailer Parks has an operating profit of $200,000. Interest expense for the year was $10,000; preferred dividends paid wer

11Alexandr11 [23.1K]

Answer:

a. Earnings per share = (Operating profit - Interest expense - Tax - Preferred dividends) / Common stock outstanding

Earnings per share = ($200,000 - $10,000 - $61,250 - $18,750) / $20,000

Earnings per share = $110,000 / 20,000 Shares

Earnings per share = $5.5 per share

Common dividends per share = Dividend paid / Common stock outstanding

Common dividends per share = $30,000 / 20,000 Shares

Common dividends per share = $1.50 per share

b. What was the increase in retained earnings for the year?

Increase in retained earnings = $110,000 - Common dividend paid

Increase in retained earnings = $110,000 - $30,000

Increase in retained earnings = $80,000

So, the increase in retained earnings for the year is $80,000.

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3 years ago