1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sveticcg [70]
3 years ago
11

________________ refers to the total number of units that are purchased at that price. quantity quantity demanded supply market

quantity
Business
1 answer:
bagirrra123 [75]3 years ago
6 0
Quantity demanded refers to the total number of units that are purchase at that price.

When you are in demand of something, it means you want/need something. Quantity refers to the amount of something you want/need. In this situation you are purchasing the amount you need at the set price given.
You might be interested in
On September 1 of the current year, Scots Company experienced a flood that destroyed the company's entire inventory. Because the
dangina [55]

Answer:

$82,580

Explanation:

We can calculate the estimated amount of inventory destroyed in the flood by deducting the cost of goods sold by the cost of goods available for sale.

DATA

Beginning Inventory  = $215,950  

Inventory purchased  = $192,730

 Sales = $543,500

Calculation

Inventory destroyed  Iestimated) =    Cost of Goods available for sale - Cost of Goods Sold

Inventory destroyed  Iestimated) =  $408,680  - $326,100

Inventory destroyed  Iestimated) = $82,580

Working

Cost of Goods available for sale  = Beginning Inventory + Inventory purchased

Cost of Goods available for sale = $215,950   + $192,730

  Cost of Goods available for sale = $408,680

Cost of Goods Sold  = Sales  - Gross Profits

Cost of Goods Sold = $543,500  - ($543400 x 40%)

Cost of Goods Sold = $ 326,100

4 0
3 years ago
An investor purchases a 12-year, $1,000 par value bond that pays semiannual interest of $50. If the semiannual market rate of in
WARRIOR [948]

Answer:

the present value of the bond is $16.67

Explanation:

given data

time NPER = 12 year = 12 × 2 = 24 semi annual

bond value FV  = $1000

interest PMT = $50

rate of interest = 6% = \frac{0.06}{2} = 0.03 = 3 % semi annual

 

solution

we will apply here formula for current value in excel as given below

-PV(Rate;NPER;PMT;FV;type)    .............1

put here value as

rate = 3% and NPER = 24 , and FV = 1000 and PMT = $50

solve it we get

the present value of the bond is $16.67

4 0
2 years ago
The current price of the Volkswagen ADR (VWAGY) is 35.50. You purchase 50 shares on margin. You finance half of the purchase you
Zinaida [17]

Answer:

33.77%

Explanation:

In one year, you are going to receive ($42 x 100) + ($0.56 x 100) = $4,256

you must return ($35.50 x 50) = $1,775

plus interests = $1,775 x 6% = $106.50

total return = $4,256 - $1,775 - $106.50 = $2,374.50

you invested $1,775

return on your investment = ($2,374.50 / $1,775) - 1 = 33.77%

5 0
2 years ago
Contribution margin per unit. Number of units that Ender must sell to break even. Sales level in units that Ender must reach to
antoniya [11.8K]

Answer:

a. $120

b. 5,000 units

c. 7,000 units

Explanation:

Hi, your question is incomplete, I found the full question online and uploaded text and image below.

Workings and explanations :

Contribution margin per unit = Sales - Variable Cots

                                                = $200 - $80

                                                = $120

Break even (units) = Fixed Costs ÷ Contribution margin per unit

                               = $600,000 ÷ $120

                               = 5,000 units

Unit Sales to achieve a target profit = (Targeted Profit + Fixed Costs) ÷ Contribution margin per unit

                                                           = ($240,000 + $600,000) ÷ $120

                                                           = 7,000 units

Margin of Safety = Expected sales - Break even Sales

Note : There is no much details about the current sales level

<u>FULL DETAILS OF THE QUESTION IS AS FOLLOWS :</u>

<em>Information concerning a product produced by Ender Company appears here: Sales price per unit $ 200 Variable cost per unit $ 80 Total annual fixed manufacturing and operating costs $ 600,000</em>

5 0
2 years ago
A cable company spends, on average, $ 600 to acquire a customer. Annual maintenance costs per customer are $ 45. Annual record-k
tangare [24]

Answer:

Average customer life value

CLV = 1260

Explanation:

Gross Margin \times\frac{retention}{1+discount-retention} )= CLV

Fis, we will calcualteteh gross margin.

For that we need the revenue:

We will calculate the average revenue per year:

50%  30 dollars per month = 180

40%  50 dollars per month = 240

10%   80 dollars per month =  96

average annual revenue per customer: 516

now we ill calcualte the gross margin:

revenue           516

maintenance   (45)

administrative (30)

gross margin   441

441 \times\frac{0.8}{1+0.08-0.80} )= CLV

CLV = 1260

6 0
3 years ago
Other questions:
  • Antiques ‘r' us is a mature manufacturing firm. the company just paid a dividend of $12.30, but management expects to reduce the
    10·1 answer
  • Which of the following statements about advertising is most accurate? Advertising is the least costly form of promotion because
    7·1 answer
  • Journalize the adjusting entry needed at December 31 for each situation. Record debits first, then credits. Check your spelling
    12·1 answer
  • Besides your own site name, what other domain names should you register?
    11·2 answers
  • Gitano Products operates a job-order costing system and applies overhead cost to jobs on the basis of direct materials used in p
    10·1 answer
  • Which model is the oldest and most common technique of differentiating information systems?
    5·1 answer
  • Gomez Company purchases a piece of equipment on Jan. 2, 2014, for $30,000. The equipment has an estimated life of eight years or
    14·1 answer
  • Your grandparents put $10,200 into an account so that you would have spending money in college. You put the money into an accoun
    13·1 answer
  • Enterprising people will make good office workers.<br> A.True<br> B. False
    14·2 answers
  • The top management of hipster clothing decides to set up an online store to cater to the changing business environment and reach
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!