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3 years ago

Step 8 of 8

Business

1 answer:

Goryan [66]3 years ago

3 0

Answer:

The price per game should be $2,075.

Explanation:

The demand for games is fluctuating. Minimum demand for the game is 100 where maximum demand is 200. If the customers likes the new game its demand will be high and the price should be set so that supply and demand function is in equilibrium. The price for each game should be at least $2,075, if total profit for the game is $415,000 or more.

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A method that determines the solution to the traveling salesperson problem involves listing all hamilton circuits and selecting

seraphim [82]

The answer is : Brute Force Method

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3 years ago

What is an example of an interest leading to a career choice

kramer

Answer:

Making music leading to becoming a musician, basketball leading to wanting to be in the nba, etc.

Explanation:

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3 years ago

An example of a noncooperative game is________.

irina [24]

Answer:

c. price competition among agribusiness firms

Explanation:

A non cooperative game is a game where the players (individuals) in a game do not cooperate; the engage in competition in the hopes of earning the highest payoffs.

When firms in an agribusiness engage in price competition, they are not in cooperation and they are hoping to earn the highest revenue.

An example of a non cooperative game is the prisoners dilemna where confessing (Not cooperating) is the best strategy.

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3 years ago

Assume a corporation has earnings before depreciation and taxes of $123,000, depreciation of $41,000, and that it has a 35 perce

Maslowich

Answer:

a. Computation of cash flow

Earnings before depreciation and taxes $123,000

Less: Depreciation $41,000

Earnings before taxes $82,000

Less: Taxes ($82,000*35%) $28,700

Earnings after taxes $53,300

Add: Depreciation $41,000

Cash Flow $94,300

b. If Depreciation = 21,000

Computation of cash flow

Earnings before depreciation and taxes $123,000

Less: Depreciation $21,000

Earnings before taxes $102,000

Less: Taxes($102,000*35%) $35,700

Earnings after taxes $66,300

Add: Depreciation $21,000

Cash Flow $87,300

3 0

3 years ago

On January 1, 2019, Sharon Matthews established Tri-City Realty, which completed the following transactions during the month: Ja

Marina86 [1]

Answer:

Required 1.

Jan 1

Cash $30,000 (debit)

Capital $30,000 (credit)

Jan 2

Rent Expense $2,450 (debit)

Cash $2,450 (credit)

Jan 3

Supplies $2,200 (debit)

Accounts Payable $2,200 (credit)

Jan 4

Accounts Payable $850 (debit)

Cash $850 (credit)

Jan 5

Cash $14,940 (debit)

Fees Earned $14,940 (credit)

Jan 6

Automobile Expenses $1,580 (debit)

Miscellaneous expenses $470 (debit)

Cash $2,050 (credit)

Jan 7

Salaries Expenses $2,000 (debit)

Cash $2,000 (debit)

Jan 8

Supplies Expense $1,100 (debit)

Supplies $1,100 (credit)

Jan 9

Capital $3,200 (debit)

Cash $3,200 (credit)

Required 2

Cash = $ 34,390 (debit)

Capital = $ 26,800 (credit)

Rent Expense $2,450 (debit)

Supplies = $ 1,100 (debit)

Accounts Payable = $ 1,350 (credit)

Fees Earned $14,940 (credit)

Automobile Expenses $1,580 (debit)

Miscellaneous expenses $470 (debit)

Salaries Expenses $2,000

Supplies Expense $1,100

Required 3.

Debit Credit

Cash $ 34,390

Capital $ 26,800

Rent Expense $2,450

Supplies $ 1,100

Accounts Payable $ 1,350

Fees Earned $14,940

Automobile Expenses $1,580

Miscellaneous expenses $470

Salaries Expenses $2,000

Supplies Expense $1,100

Totals $43,100 $43,100

Required 4.

a. Amount of total revenue recorded in the ledger = $14,940

b. Amount of total expenses recorded in the ledger = $7,600

c. Amount of net income for January = $7,340

Required 5.

Increased by $4,140

Explanation:

Calculation of T - Account Balances

Cash $30,000 - $2,450 - $850 + $14,940 - $2,050 - $2,000 - $3,200 = $ 34,390 (debit)

Capital $30,000 - $3,200 = $ 26,800 (credit)

Rent Expense $2,450 (debit)

Supplies $2,200 - $1,100 = $ 1,100 (debit)

Accounts Payable $2,200 - $850 = $ 1,350 (credit)

Fees Earned $14,940 (credit)

Automobile Expenses $1,580 (debit)

Miscellaneous expenses $470 (debit)

Salaries Expenses $2,000

Supplies Expense $1,100

Calculation of total expenses recorded in the ledger.

Rent Expense $2,450

Automobile Expenses $1,580

Miscellaneous expenses $470

Salaries Expenses $2,000

Supplies Expense $1,100

Total $7,600

Calculation of net income for January.

Sales Revenue $14,940

Less Expenses ( $7,600)

Net Income / (Loss) $7,340

Calculation of increase or decrease in owner’s equity for January.

Net Income / (Loss) $7,340

Less Drawings ($3,200)

Change $4,140

Therefore, Owners Equity Increased by $4,140

8 0

3 years ago