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gizmo_the_mogwai [7]
3 years ago
15

Which statement best describes the current price for the good shown in this

Business
1 answer:
Marina86 [1]3 years ago
5 0

Answer:

The Current price will result in a low supply for the good.

Explanation:

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Sonic Corp. manufactures ski and snowboarding equipment. It has estimated that this year there will be substantial growth in its
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A bond issued by the State of Pennsylvania provides a 5.75% yield. What yield on a Synthetic Chemical Company bond would cause t
sineoko [7]

Answer: 8.85%

Explanation:

GIVEN THE FOLLOWING ;

Municipal bond yield = 5.75%

After-tax rate = 35%

In other to produce the same after tax rate, What should be the yield of the synthetic company bond;

Assume yield on synthetic company bond = SC yield ;

We can connect our assumption using the mathematical relation below;

Municipal bond yield = after tax bond yield

5.75% = SC yield (1 - tax rate)

5.75% = SC yield (1 - 35%)

5.75% = SC Yield × 65%

SC yield = (5.75/65)%

SC yield = 0.08846%

SC yield = 8.85%

5 0
3 years ago
What does woolworths do to help the people​
Margaret [11]
Donate surplus food from food stores to communities who need the support.
3 0
2 years ago
Listed below are year-end account balances (in $millions) taken from the records of Symphony Stores.
azamat

Answer:

d) $2,377 millions.

Explanation:

Total of Assets comprises the sum of Current Assets and Non Current Assets. Current Assets are assets of a short term nature not exceeding 12 months and Non - Current Assets are assets of a long term nature, exceeding 12 months.

In the Balance Sheet, some assets are presented at their net amounts. Property Plant and Equipment is presented net of accumulated depreciation. Trade Receivables are presented net of allowances for uncollectable amounts.

Therefore,

Total Assets Calculation :

                                                                       $ millions

Accounts receivable-trade                              699

Building and equipment                                  930

Cash-checking                                                   40

Interest receivable                                             34

Inventory                                                            25

Land                                                                  166

Notes receivable (long-term)                         484

Petty cash fund                                                   7

Prepaid rent                                                      28

Supplies                                                              8

Trademark                                                        49

Accumulated depreciation                             (75)

Allowance for uncollectible accounts            (18)

Total Assets                                                  2,377

3 0
3 years ago
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