Answer:
The answer is. C) any buyer who is willing and able to pay the price will find a seller for the product.
Explanation:
At a product's equilibrium price, the quantity demanded of the product equals the quantity supplied of the product. So that means that there will always be a supplier willing to sell the product to any consumer who is willing to pay for that product.
Answer:
C) buy 100 SPX 2500 Puts
Explanation:
SPX stock is based on the Standard and Poor's stock index, so if the investor is worried about a market decline, if he purchases put options and the marker declines, he/she will actually earn money. Each SPX 2500 contract covers approximately $250,000 of portfolio value, so if the investor purchases 10 put options then the whole portfolio would be covered.
Answer:
$14038
Explanation:
The company has marginal revenue R'(t) =
. Therefore its revenue R(t) is given as;
R(t) = ∫R'(t)
R(t)= ∫
dt =
+ c
R(t) =
+ c
But R(0) = 0, therefore:
R(0) =
+ c = 0
+ c = 0
100 + c =0
c = -100
Also the marginal cost per day is given by C'(t) = 140 - 0.3t
C'(t) = 140 - 0.3t
C(t) = ∫C(t) = ∫ (140 - 0.3t) dt = 140t - (0.3/2) t² + C
But C(0) = 0
C(0) = 140 (0) - (0.3/2)(0)² + c = 0
c = 0
C(0) = 140t - (0.3/2) t²
Profit P(t) = R(T) - C(T) , hence the total profit from t = 0 to t = 5 is given as:
P(t) = ![\int\limits^0_5 {[R'(t)-C'(t)]} \, dt =\int\limits^0_5 {([100e^t-(140-0.3t)]} \, dt=\int\limits^0_5 {100e^t} \, dt +\int\limits^0_5 {-0.3t} \, dt +\int\limits^0_5 {-140} \, dt \\\\=[100e^t]_0^5+[ -140t]_0^5+[-0.3t^2/2]_0^5=[14841.316-100]+[-700]+[-3.75]=14038](https://tex.z-dn.net/?f=%5Cint%5Climits%5E0_5%20%7B%5BR%27%28t%29-C%27%28t%29%5D%7D%20%5C%2C%20dt%20%3D%5Cint%5Climits%5E0_5%20%7B%28%5B100e%5Et-%28140-0.3t%29%5D%7D%20%5C%2C%20dt%3D%5Cint%5Climits%5E0_5%20%7B100e%5Et%7D%20%5C%2C%20dt%20%20%2B%5Cint%5Climits%5E0_5%20%7B-0.3t%7D%20%5C%2C%20dt%20%20%2B%5Cint%5Climits%5E0_5%20%7B-140%7D%20%5C%2C%20dt%20%20%5C%5C%5C%5C%3D%5B100e%5Et%5D_0%5E5%2B%5B%20-140t%5D_0%5E5%2B%5B-0.3t%5E2%2F2%5D_0%5E5%3D%5B14841.316-100%5D%2B%5B-700%5D%2B%5B-3.75%5D%3D14038)
The profit is $14038
Answer:
a. Inventory Turnover = 5.299 times or 5.30 times
b. Days in Inventory = 69 days
Explanation:
a)
To calculate the inventory turnover, we first need to find out the avergae inventory. The average inventory is calculated by adding the opening and the closing inventory and dividing the sum by 2.
- Average Inventory = (35750 + 63500) / 2 = $49625
The inventory turnover is,
- Inventory Turnover = Cost of Sales / Average Inventory
- Inventory Turnover = 263000 / 49625 = 5.299 times or 5.3 times
b)
Days in inventory is the period for which, on average, the inventory is kept and sold completely.
We can calculate days in inventory simply by dividing the number of days for which we are calculating the ratio for, say in this case one years or 365 days by the inventory turnover ratio we calculated.
Days in inventory = 365 / 5.30 = 68.8679 or 69 days
Answer:
B. Is the process of allocating the cost of a plant asset to expense.
Explanation:
Depreciation is an expense indicating a reduction in the value of the capital assets due to tear and wear, obsolescence, consumption, time span, etc. It's listed on the income statement debit side. It is a non-cash item that has no effect on the cash balance.
Moreover, it is a process in which there is an allocation of the cost of fixed assets to the expense account over their estimated useful life