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nlexa [21]
2 years ago
8

Katy is holding an English auction. If she estimates the values of her bidders to be $2, $4, $10, $15 and $25, she should expect

to be able to make ____ off the auction. Group of answer choices Just above $10 Just below $10 Just above $15 Just below $15
Business
1 answer:
SCORPION-xisa [38]2 years ago
8 0

Answer:

"$25" i.e., Option c (Just above $15) is the correct answer.

Explanation:

English auctions vary from certain auctions seeing as how the auctioneer proceeds to bid at both the cheapest price appropriate to the seller and therefore only allows buyers should bid larger than the corresponding highest bidder. Increasing bidder seems to have an ability to look at other offers and amend his rather than her bid.

  • For both the highest bidder, the competition ends with either the product being offered to the very last bidder. The winner simply spends a marginally higher amount now than the 2nd greatest bidder's valuation.
  • An English auction is organized by Katy. She would hope to be allowed to make $25 from the auction whether she calculates her bidders' prices would be $2, $4, $10, $15 as well as $25 since this represents the highest price.

Some other options offered really aren't relevant to either the situation described. So, the solution is indeed the right one.

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Assume you are in the 35 percent tax bracket and purchase a municipal bond with a yield of 7.25 percent. Use the formula present
balu736 [363]

Answer:

before tax corportate bond equivalent: 11.15%

Explanation:

The municipal bond are tax-free making them more attractive than normal corporate bonds.

thus, the municipal bond rate should be compare with the after tax rate of a corporate bond:

before tax rate ( 1 - tax rate) = after tax rate

<u>For this case:</u>

the after tax rate is 7.25%

and the tax bracket is 35%

before taxes ( 1 - 0.35) = 0.0725

0.0725/.65 = 0,1115384 = <em>11.15%</em>

3 0
2 years ago
Which of the following is a true statement about a request for a change in accounting method?A. Some requests are automatically
fiasKO [112]

Answer: (E) All of these options are true

Explanation:

  The change in the accounting method is the process of changing the overall plan of the accounting in terms of gross income and the cash deduction. It is also change the material item in terms of treatment.

 The form 3115 is one of the application that required in the accounting method. This application is filed with the proper request to the IRS to change the accounting method. The IRS basically provide the automatic procedure for obtain the automatic consent for changing the method.

Therefore, Option (E) is correct.

 

6 0
3 years ago
Isabella wants to gather competitive intelligence (CI) on toy manufacturers before she launches her toy company, which has devel
ser-zykov [4K]

Answer:

d. scanner research

Explanation:

The scanner research includes the data analyze that collected via scanning the devices and same is applied at the time of purchase. It is the type of the computer based research and she wants to check that non-computer sources

So the other options would not be considered as they are doing for the research purpose

But the above option is not considered for the same

Therefore the option d is correct

3 0
2 years ago
If, at a good's current price, the quantity demanded is 2,000 units and the quantity
8090 [49]

Answer:

C.

Explanation:

Because there is more demand with this good, the current price projects how the sellers are reacting to the market. If there is a shortage of goods being supplied to a market then this means that the sellers price is too high because more people (who arent willing to pay for it for so much) are wanting the product.

8 0
2 years ago
San Francisco Seats manufactures seats for airplanes. The company has the capacity to produce 100,000 seats per year, but is cur
Rzqust [24]

Answer:

The company's operating income will increase from $8,800,000 by $350,000 to become $9,150,000

Explanation:

Detailed explanation and calculation is shown in the image below

4 0
3 years ago
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