Answer:
Option C She can claim an estimated value for the auto if the charity uses it rather than selling it
Explanation:
The reason is that the tax encourages you to make donations because the non for profit organization is doing the same thing which government does, they serve the people. So if the NGO is not selling the old car then the tax says that use the fair value of the asset as a amount donated to the charitable foundation. So the right answer here which includes the use of fair value is only Option C.
Answer:
Option D
Explanation:
This is the group whom the researcher wants to know more about and to draw inference from.
Answer:
Safety Stock is 336.62 units
Explanation:
As per given data
Demand = D = 50,000
Ordering Cost = S = $35
Holding Cost = H = $1 per unit per year
Weekly Demand = Demand / 50 weeks = 50,000 / 50 = 1,000 units per week
Weekly Demand during Lead time of 3 weeks = 1000 x 3 = 3,000 units
Standard Deviation = 216.51 units
Desired Service level = 94%
The Z score at 94% service level is 1.55477
Safety Stock = Zscore x standard deviation = 1.55477 x 216.51
Safety Stock = 336.62
Answer:
Option (a) is correct.
Explanation:
Given that,
Initial Quantity supplied = 10,000
New quantity supplied = 15,000
Initial price = $5
Price elasticity of demand = 1.8
Percentage change in quantity supplied:
= [(New quantity supplied - Initial Quantity supplied) ÷ Initial Quantity supplied] × 100
= [(15,000 - 10,000) ÷ 10,000] × 100
= (5,000 ÷ 10,000) × 100
= 50%
Let the new price be x,
Percentage change in price:
= [(New price - Initial price) ÷ Initial price] × 100
= [(x - $5) ÷ $5] × 100
= (x - 5) × 20
= 20x - 100
Therefore,
Price elasticity of demand = Percentage change in quantity supplied ÷ Percentage change in price
1.8 = 50 ÷ (20x - 100)
1.8 (20x - 100) = 50
36x - 180 = 50
36x = 230
x = 5
Hence, the new price per pound of walnuts is $5.
