Answer:
The supply curve would shift to the right(upwards)
Explanation:
This is because there would be less oil available but the same demand and so the price for the same amount of oil will increase.
hope this helps!
Answer:
Explanation:
Using or applying a Net 30 payment terms, having an average collection time of 75 days with the customers, Hanson's furniture store, are to either reduce their store credit option, so as to encourage let's say within 45% of their store credit customers to be able to pay upon receipt, or reduce their operating period. Which is the best option for the store to maintain minimum cash balance.
Answer:
One of the founding principles of the ISO 9000 standard is that:
a. the requirements are strictly the same, regardless of the organization.
Explanation:
ISO 9000 standards describe the quality management standards that organizations can follow to increase business efficiency and customer satisfaction. ISO 9000 embeds a quality management system within an organization, increasing productivity, reducing unnecessary costs, and ensuring quality of processes and products. The IS0 9000 standards are not specific to any one industry and can be applied to organizations of any size.
Answer:
We employ the fact that Pprofit Maximizing Price = Marginal cost * (ed/ed + 1)
Price = $9 * (-3 / (-3 + 1))
Price = $9 * (-3/-2)
Price = $9 * 1.5
Price = $13.5
As we can see that the profit maximizing price is 13.5. Whereas, the current price of $15 which is not profit maximizing. So the firm should reduce the price to 13.5 per unit so as to be maximizing profit.
Answer:
Value of the bonds at issuance:
$131,395,438.89
As this ishigher than face value, there is a premium for 31,395,438.89 dollars
Explanation:
Effective market rate:
To determinatethe price of the bonds we should discount the future coupon payment and maturity at the market rate:
Coupon payment:
100,000,000 x 4% = $4,000,000.00
time 15 years x 2 payment per year = 30 payment
market rate: 0.025
Presnet Value of the coupon payment $83,721,170.3710
Maturity 100,000,000.00
time 30.00
rate 0.025
PV 47,674,268.52
Present value of the bonds today:
coupon $83,721,170.3710
maturity <u> $47,674,268.5181 </u>
Total $131,395,438.8891