Financial records, A company’s competitors. Got it from quizlet!
Answer:
The price she should charge for the bundle in order to maximize profit is 9
Explanation:
Solution
The total pistachios sold = 7 * 2 =14
The total almonds sold is = 4*1 = 4
So,
The total of both pistachios and almonds = 14 + 4 + 18
Thus,
we solve for getting average of the two which is:
Getting the average of the two in the bundle = 18/2
=9
Therefore p =9
Answer:
I will be willing to pay $1,106 for a vanguard bond.
Explanation:
Coupon payment = Par value x Coupon rate
Coupon payment = $1,000 x 8%
Coupon payment = = $80
Price of bond is the present value of future cash flows, to calculate Price of the bond use following formula:
Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]
Price of the Bond =$80 x [ ( 1 - ( 1 + 7% )^-20 ) / 7% ] + [ $1,000 / ( 1 + 7% )^20 ]
Price of the Bond = $80 x [ ( 1 - ( 1.07 )^-20 ) / 0.07 ] + [ $1,000 / ( 1.07 )^20 ]
Price of the Bond = $848 + $258
Price of the Bond = $1,106
Answer: See explanation
Explanation:
The journal entry to correct the errors is given below:
a. Dr Cash $8400
Cr Account receivable $8400
b. Dr Supplies $2500
Cr Office equipment $2500
Dr Supplies $2500
Cr Account Payable $2500
Note that the first entry that's given in (b) above reverses the incorrect entry. On the other hand, the second entry simply records the correct entry.
Answer:
175.36
Explanation:
Given that,
Demand data for various month is given.
Forecast for July = 164
Alpha = 0.8
Calculation of forecast by using the exponential smoothing method:
F(t+1) = ∝Y(t) + (1 - ∝)F(t)
F(t+1) represents forecast value of (t+1)
∝ = Smoothing constant
Y(t) = Actual value of period t
F(t) = Forecast of period t
For the month of July,
F(t+1) = ∝Y(t) + (1 - ∝)F(t)
= (0.8 × 165) + [(1 - 0.8) × 164]
= 132 + 32.8
= 164.8
For the month of August,
F(t+1) = ∝Y(t) + (1 - ∝)F(t)
= (0.8 × 178) + [(1 - 0.8) × 164.8]
= 142.4 + 32.96
= 175.36
Therefore, the forecast for August is 175.36 if the forecast for June was 164.
