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Arisa [49]
3 years ago
5

George owns a custom pottery business where he makes all types of mugs and drinkware. Which of the following products would dram

atically affect his profit margins if the price were to decrease for that product?
a. glass coffee mugs
b. coffee beans
c. silverware
d. clay
Business
1 answer:
liq [111]3 years ago
7 0

Answer:

a. glass coffee mugs

Explanation:

As we know that the glass coffee mugs and the pottery mugs are the subsitutes goods. In the case when the price of glass coffee mugs would decline so it would more consume due to which the demand of the pottery mugs would reduced

Therefore as per the given situation, the product that impact the profit margin is option a

hence, the correct option is a.

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Answer:

maximize shareholder wealth

Explanation:

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If the firm is operating at full capacity and no new debt or equity is issued, what external financing is needed to support the
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The common stock of the Avalon Corporation has been trading in a narrow range around $40 per share for months, and you believe i
Monica [59]

Answer:

C. Sell a straddle

Explanation:

Considering the following calculation: Sell a straddle = sell a put + sell a call

and,

Premium income for selling a straddle = (P + C )100 = ($3 + $4)(100) = $700.

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Simulatenously By Selling a 3 month call option with exercise of $40 one wiil get $4(inflow of $4)

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7 0
3 years ago
Eric believes works hard he will meet management's goals and that if he meets management's goals, he will get a raise, which he
Elden [556K]

Answer:

Expectancy theory

Explanation:

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7 0
3 years ago
Campbell Co. has net sales revenue of $1,340,000, cost of goods sold of $760,900, and all other expenses of $299,000. The beginn
Softa [21]

Answer:

3.50

Explanation:

Given the information above, we need to find first the Average fixed assets.

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= 3.50

Therefore, Campbell Co. Fixed asset turnover ratio would be 3.50

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