History drama or the caesar plot :/
Answer:
Bargain Electronics would realize Net Income of $35,200 by accepting the special order.
Decision : The special order should be accepted.
Explanation:
<u>Analysis of net income effect of accepting the special order</u>
Sales ( 3,200 units × $28) $89,600
Less Expenses :
Variable ( 3,200 units × $15) ($48,000)
Shipping Costs ($2 × 3,200 units ) ($6,400)
Incremental Income / (loss) $35,200
<em>Note that, the fixed costs are irrelevant for this decision. This is because they will remain the same whether or not the special order is accepted.</em>
Answer:
C. Debit to Cash of $43,650, a Debit to Factoring Fee Expense of $1,350, and Credit to Account Receivable of $45,000
Explanation:
Assuming the company factored the amount of $45,000 of its ACCOUNTS RECEIVABLE and was charged a 3% FACTORING FEE. The appropriate journal entry to record this transaction would include a:Debit to Cash of $43,650, a Debit to Factoring Fee Expense of $1,350, and Credit to Account Receivable of $45,000
Debit Cash $43,650
(97*$45,000)
Debit Factoring Fee Expense of $1,350
($3%*45,000)
Credit Account Receivable $45,000
Answer:
Consider the following explanation
Explanation:
Context
Game theory involves two players. They have more than one option to decide. Pay off from each options adopted by two players are available. They have to select a strategy which will maximize their own return. But for optimizing their decision, they have to consider the action of his rival.
In this problem, two players are firm A and firm B. They have two strategies low output and high output. The strategies of firm a are measured in rows and for firm B in columns. They have to select a strategy which will maximize their payy off. Each cell has two pay offs. First one is for Firm A and second one is for firm B.
1. Dominant strategy is a strategy which will always give higher payoffs in comparison with pay off of other strategies. Consider first strategy of firm 1. If it adopts strategy of low output, then firm 2 can also adopt either strategy of low output or high output. In that case pay off of firm 1 will be 300 or 200.
Alteratively if firm 1 adopts high output then pay offs are 200 or 75. 200 is earned if firm B also go for low productivity. It is 75 if firm B adopts high productivity.
Now compare two payoffs side by side. Note that firm A has higher pay off in low output [300,200] in comparison with the pay off of high output [200,75]. So whatever strategy firm B adopts, Firm A will always go for low production. So low production strategy of firm A dominates high production strategy.
Same result is not observed for firm B. Pay off from low production strategy of firm B is [ 250,75]. Pay off from high production strategy are [100,100]. Now compare the two. If Firm A go for low production, then firm B will select low production. It will give pay off 250. Similarly when firm A decides for high production, then firm will also decide for high production. It will maximize its pay off. Amount is 100. Thus no strategy dominates for firm B.
Answer:
Option C is correct P(q) = -0.005q^{2} + 2.25q - 100
Explanation:
Profit P(q) = R(q) – C(q)
Profit = Revenue – Cost
So,
P(q) = -0.005q^{2} + 2.5q - 100 – 0.25q
P(q) = -0.005q^{2} + 2.25q - 100
In order to find break even, you should plug 50 and 400 into the formula P(q) = -0.005q^{2} + 2.25q - 100
