Answer:
Answer for the question:
In this question, assume that all variables other than price and quantity are held constant. At Betty's Burgers, the hamburgers have a price elasticity of demand-: 305 and Betty has increased sales by 85.00%.
Betty must have changed her price by
Due to the price change, Betty's total revenue will
Patty's Putts increased the price of a round of miniature golf by 76,0%, Patty has calculated her price elasticity of demand at 0.57. She can expect the number of golfers to
Patty can expect the number of golfers to change by
Patty can expect her total revenue to
is given in the attachment.
Explanation:
Answer:
11,538 units
Explanation:
Given that:
Fixed assets = $150,000
Variable cost = $2
Sales price = $15
Break even point = Fixed cost ÷ Contribution margin
Contribution margin = Sales per unit - Variable cost per unit = $15 - $2 = $13
Break even point (Sales) = $150,000 ÷ $13 = 11,538 units
Therefore, 11,538 widgets must be sold to break even.
The amount of after-tax cash flows for Company C on its investment is $37,500.
<h3>What is an after-tax income?</h3>
After-tax income is the gains earned by the company in an accounting year that remain after adjusting its income taxes.
Given values:
Revenues: $10,000
Savings: $40,000
Total investment income: $50,000 ($10,000 + $40,000)
Rate of tax: 25%
Computation of after-tax cash flows of an investment project:
Therefore, $37,500 is the value of after-tax ash flows being earned from the investment in equipment.
Learn more about the after-tax income in the related link:
brainly.com/question/14310665
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Answer:
The adjusted cash balance per bank at July 31 is $8,615.
Explanation:
Outstanding checks are the ones which the business has issued and recorded, but which the bank has not yet cleared. Hence, Sandhill Co. should deduct this amount from the cash balance per bank.
Deposits in transit are the deposits that are received and recorded by the business, but which the bank has not yet processed. Hence, Sandhill Co. should add this amount to its cash balance per bank.
The bank service charge is already accounted for in the cash balance per bank and requires no further treatment.
Therefore,
Initial cash balance per bank $8,140
Less: Outstanding checks ($770)
Add: Deposits in transit $1,245
Adjusted cash balance per bank $8,615
