Answer:
$2,933.40
Explanation:
For computing the owed amount, first we have to compute the daily rate per day which is shown below:
= Rent received ÷ number of days in a month
= $4,400 ÷ 30 days
= 146.67 per day
We know that the number of days in a month is 30 days and the landlord received a rent on December 10, so the remaining days would be 20 days ( 30 days - 10 days of march month)
Now the owed amount would be
= Remaining days × per day rate
= 20 days × 146.67
= $2,933.40
Answer: cross price elasticity of demand
Explanation:
The cross price elasticity of demand measures the changes in quantity demanded of one good when the price of another good changes.
Substitute goods are goods that can be used instead of another good e.g. coke and pepsi. The cross price elasticity for substitutes is usually positive because an increase in price of one good increases the quantity demanded of the other good.
Complementary goods are goods that have to be consumed or used together. E.g. car and gas. The cross price elasticity for complementary goods are usually negative because an incease in price of one good leads to fall in the quantity demanded of the other good.
I hope my answer helps you
Answer:
1.- financial advantage for $31,720
2.- the minimum price can be 6.80 dollars
Explanation:
For the special order we should only consider the variable cost as will not alter the fixed cost structure for the firm:
sales price $ 19.00
variable cost
Direct Materials 1.70
Direct Labor 3.00
Variable overhead 0.60
Variable S&A <u> 1.50 </u>
Total variable: 6.80
contribution per unit: $12.2
total contribution for 2,600 units: $31,720
2.- the inferior units can be sold for the variable cost to avoid a negative contribution.
I believe the answer you are looking for is concentration because reading a dull book would make you want to do other things rather than sitting there having to read something boring.
Answer:
12
Explanation:
Given that,
Sales price = $9 million
Estimated annual gross income = $750,000
The gross income multiplier is defined as the ratio of sales price to its effective gross income.
Therefore, the gross income multiplier is calculated as follows:
= (Sales price ÷ Estimated annual gross income)
= $9,000,000 ÷ $750,000
= 12
