Answer:
A. She didn't include the sales tax.
Explanation:
Angela ordered a cabinet from a local furniture store. When she received her invoice she noticed that the total she was being asked to pay was higher than the figure she had in her head. The most likely reason Angela's total is more than she thought it would be that, <u>she didn't include the sales tax</u>. As we know that generally, a sales tax is a tax given to a governing physique for the sales of specific assets and assistance. Regularly, laws permit the retailer to accumulate capital for the tax of the consumer at the period of acquisition. Meanwhile, a tax on assets or assistance is given to a governing body undeviatingly by an obtainer, it is habitually described as a utility tax.
Answer:
The company should process the units further.
Explanation:
Base on the scenario been described in the question, we can be able to use the method to prepare an analysis that shows whether the 28,000 units of Product A should be processed further or not.
Sell as is Process
further
Sale as is (28,000 units x $25.00) $700,000
Process further (5,600 units x $105) + (11,200 x $70) $1,372,000
Cost to process further (420,000)
Incremental income (loss) $700,000 $952,000
The company should process the units further
Answer:
Internal Rate of Return (IRR) = 10%
Explanation:
The computation of IRR for the new production system is shown below:-
PV factor for Internal Rate of Return = Investment cost ÷ Annual net cash savings
PV factor for Internal Rate of Return = $4,607,200 ÷ $800,000
= 5.759
The PV factor 5.759 in Present value of a Annuity of $1 table for 9 years is closest to 10%
Internal Rate of Return (IRR) = 10%
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When the price of a commodity is $11, where 1250 units are being bought and sold in a perfectly competitive market, the market price of the commodity will increase from its original price if the market is monopolized.
<h3>What is a perfectly competitive market?</h3>
In a market where there are less to zero restrictions for entry and exit of buyers and sellers in the market dealing in similar commodities, then such a market is known as a perfectly competitive market.
There is no pricing power in the hands of the buyers and sellers in the market, as there is no minimum or maximum limit on the number of sellers in the market, so the supply is not restricted in such a market.
Hence, it can be concluded that market prices are stable in a perfectly competitive market, and it generally increases in a monopolistic market.
Learn more about a perfectly competitive market here:
brainly.com/question/13961518
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