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3 years ago

7

Demand is said to be __________ when the quantity demanded changes the same proportion as the price. a. independent b. inelastic

c. unit elastic d. elastic

1 answer:

const2013 [10]3 years ago

5 0

<span>Demand is said to be elastic when the quantity demanded changes the same proportion as the price.</span>

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OFFERING 20 POINTS Whitney's proposal to build 10,000 guns relied on what two important elements found in the modern manufacturi

strojnjashka [21]

Answer:

interchangeable parts and assembly lines

Explanation:

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3 years ago

Carpenters, Inc., a manufacturing company, acquired equipment on January 1, 2017 for $ 520 comma 000. Estimated useful life o

san4es73 [151]

Answer:

Annual depreciation= $47,618

Explanation:

Giving the following information:

Purchasing price= $520,000

Useful life= 7 years

Residual value= $20,000

New useful life= 9 years

First, we need to determine the annual depreciation and accumulated depreciation before January 2020.

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (520,000 - 20,000)/7= 71,429

Accumulate depreciation= 71,429*3= $214,287

New annual depreciation:

Book value= 520,000 - 214,287= 305,713

Annual depreciation= (305,713 - 20,000) / 6

Annual depreciation= $47,618

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4 years ago

A family spends $40,000 a year for living expenses. If prices increase by 4 percent a year for the next three years, what amount

yKpoI14uk [10]

Answer:

$44,994.56

Explanation:

Provided that

Spending amount for living expenses by a family = $40,000

Percentage increase is 4%

Number of years = 3

So, the family living expenses after three years equal to

= Spending amount for living expenses by a family × (1 + rate)^number of years

= $40,000 × (1 + 0.04)^3

= $40,000 × 1.124864

= $44,994.56

4 0

4 years ago

CM Company manufactures a component used in the production of one of its main products. The following cost information is availa

denpristay [2]

Answer:

NPV = 661468 – 728000 = -66532

Explanation:

Direct Material 410

Direct Labour 100

Variable manufacturing O/H 90

Variable cost to manufacture 1 unit 600

Loss on purchase component from outside supplier

(630 – 600) * 3000 units 90000

(-) Contribution from released facility 10000

Operating Income would Decrease by 80000

Present Value of Future cash flow from Proposal X :-

PVAF for 5 years at 10% = 3.791

PVIF for 5th year at 10% = 0.621

PV of annual cash inflow (164000 * 3.791) 621724

PV of Residual value (64000 * 0.621) 39744

Present Value of Future cash flow 661468

NPV = 661468 – 728000 = -66532

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4 years ago

Capital budgeting, capital structure, and dividend policy decisions are important to managers and shareholders because their con

soldier1979 [14.2K]

Answer:

A) true

Explanation:

Capital budgeting is essential to managers in allocation of scarce capital to some investment in an accretive manner. Capital budgeting could be regarded as process undertaken by business so that potential major projects as well as investments can be evaluated. Dividend policy could be regarded as a policy utilize by company in structuring

dividend payout to their shareholders. It should be noted that Capital budgeting, capital structure, and dividend policy decisions are important to managers and shareholders because their consequences can affect the amount, timing, and riskiness of the cash flows produced by the firm and its securities.

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3 years ago