Answer:
164754
Explanation:
Assets are resources controlled by the entity as a result of past events and from which future economic benefits are expected to flow to the entity (AAA).
Based on the data given, assets is computed as follows;
Cash (checking account) 2000
Cash (savings account) 10000
Home 120000
Investments 12789
Car 19965
TOTAL ASSETS 164754
Mortgage is recorded separated by the home and is treated as liability
Loan & Auto loan are also liabilities of Matthew
Credit cards balances are only his indication of capacity to buy which is if that happens said transaction would result into an obligation of Matthew to pay or simply his liability
Answer:
A price ceiling set at $6 will be binding and will result in a shortage of 8 units.
Explanation:
In order for a price ceiling to be binding, it must be set below the equilibrium price level. In this case, $6 is below the equilibrium price of $10. It will produce a shortage of 8 units because the quantity supplied by producers will be only 6 units, while the quantity demanded by consumers will be 14 units.
Binding price ceilings always produce a deadweight loss which is represented by the area between the demand curve and the supply curve left to the equilibrium price.
This structure is called the Marketing Information System, or MIS for short.
Answer:
The answer is logistics information system.
Explanation:
Logistics is defined as the process of delivering goods from point of origin to point of consumption through various transportation methods. Logistics management can be very complex, depending on the type of product that the company manufactures or distributes. Because in executing a logistical operation, one requires coordination with multiple parties, a logistics information system would be beneficial in ensuring that the process is done in the most efficient and effective manner
.
Answer:
the firm must sell 37,443 units of Regular and 74,886 units of Ultra
Explanation:
Regular - unit sales price= $20; Variables costs per unit = $8
Ultra - unit sales price= $24; Variables costs per unit = $4
combined contribution margin:
- 1 unit of regular = $20 - $8 = $12
- 2 units of ultra = $48 - $8 = $40
- total = $52
break even point = total fixed costs / combined contribution margin = $1,947,000 / $52 = 37,442.31 ≈ 37,443 units
the firm must sell 37,443 units of Regular and 74,886 units of Ultra
