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3 years ago

Because supply curves slope upward, this supports the law of supply that as prices __________, more goods will be supplied.

Business

1 answer:

antoniya [11.8K]3 years ago

3 0

Answer: increase

Explanation:

The supply curves slope upward due to the fact that there's a direct relationship between the price of the good and the quantity that's supplied.

This means that when price increase let's say the price of a good moves from $5 to $7, the suppliers will supply more due to the price increase.

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Oksana_A [137]

Explanation:

why is this so much who assigned you this

3 0

3 years ago

The market value of the equity of Skipper, Inc., is $720,000. The balance sheet shows $46,400 in cash and $230,700 in debt, whil

shutvik [7]

Answer:

3.34 times

Explanation:

The market value of skipper incorporation is $720,000

The balance sheet shows a cash of $46,400 and debt of $230,700

The income statement has an EBIT of $103,700

The depreciation and amortization is $166,900

The first step is to calculate the enterprise value

= Market capitalization + debt - cash

= $720,000 + $230,700 - $46,400

= $904,300

The EBITDA can be calculated as follows

= EBIT + depreciation and amortization

= $103,700 + $166,900

= $270,600

Therefore the enterprise value-EBITDA can be calculated as follows

= 904,300/270,600

= 3.34 times

3 0

3 years ago

A project has an assigned beta of 1.24, the risk-free rate is 3.8%, and the market rate of return is 9.2%. what is the project's

lianna [129]

the answer for this question is 10.50%

7 0

3 years ago

How is depreciation accounted for if disposal of a plant asset occurs during the year? A : It is not recorded for the year. B :

Brrunno [24]

Answer:

C : It is recorded for the fraction of the year to the date of the disposal.

Explanation:

Depreciation is the expense charged for providing against benefits arising through the assets. When any assets are to be sold, then depreciation is to be provided against the time period it is used as the benefit have been received for such.

Therefore, even in case of sales of the asset, the depreciation is provided for the period, it is in the books, and held in hand.

Therefore, the correct statement is:

Statement C

8 0

3 years ago

Production and Purchases Budgets At the beginning of October, Comfy Cushions had 2,600 cushions and 15,500 pounds of raw materia

Wewaii [24]

Answer:

Production budget for October and November

October November

cushions cushions

Budgeted Sales 13,000 15,000

Add Budgeted Closing Inventory 3,000 3,600

Total Production needed 16,000 18,600

Less Budgeted Opening Inventory (2,600) (3,000)

Production Budget 13,400 15,600

Explanation:

A Production Budget shows the quantities of finished goods that must be produced to meet expected sales plus any increase in inventory levels that might be required.

8 0

3 years ago