Answer:
$19,700
Explanation:
The total proceeds from the auction will be calculated as follows:
A. 200 shares for $40 = 200 shares * $40 = $8,000
B. 300 shares for $39 = 300 shares * $39 = $11,700
This makes a total of 500 shares at a total proceeds of $19,700
In Dutch auction method rate per share is noted by the auctioneers to calculate the highest proceeds which can be generated through the auction. The bid from the highest rate are entertained first and in this case bidder A and B are selected.
Answer:
The correct answer is letter "C": Cover of a sales contract.
Explanation:
A cover of a sales contract in law refers to the actions a buyer carries out to diminish the damages to his or her business because of a breach in a contract agreed with a seller. Initially, the buyer and the seller agreed in the transfer of goods or services but the seller fails. So, to avoid loses, the buyer sets a series of actions to continue with his business as if the breach has never happened.
When you have a plan for paying it back.
Answer:
It is more profitable to add the vitamin and sell the product for $5. Income will increase by $260
Explanation:
Giving the following information:
The number of units= 1,000 packages
Actual:
Selling price= $4.00 per pack.
Variable cost is $1.50 per unit
Fixed costs are $1,700 per month.
New option:
Selling price= $5
Variable cost= $1.9
Fixed costs= $2,040
We need to calculate the net income of both options, and choose the more profitable one:
Actual:
Net income= 1,000*(4-1.5) - 1,700= $800
New:
Net income= 1,000*(5 - 1.9)- 2,040= $1,060
It is more profitable to add the vitamin and sell the product for $5.
