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3 years ago

2. An increase in demand is an increase in consumer willingness to

Business

1 answer:

kiruha [24]3 years ago

4 0

Answer:

An increase in demand is an increase in consumer willingness to. purchase moe of the good at any price.

Explanation:

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Mr. Edwards, a marketing representative of the ACME Insurance Company, scheduled a marketing event and expects about 40 people t

Nimfa-mama [501]

Answer:

Answered

Explanation:

Mr. Edwards, a marketing representative of the ACME Insurance Company, scheduled a marketing event and expects about 40 people to attend. He has hired a magician at a cost of $200 to entertain attendees

He can do this, because the estimated number of attendees is based on the venue size and response rate and the value of the gift does not exceed $15.

8 0

3 years ago

during the 1980's, the price of one share of Johnson and Johnson stock rose from $17 1/4 to $56 1/8. how much money would you ha

Andre45 [30]

Given:

Price of one share in 1980 = $ $17\dfrac14$

Price of one share in 1989 = $ $56\dfrac18$ .

To find:

How much money would you have made if you bought 100 shares of Johnson & Johnson stock in 1980 and sold it in 1989?

Explanation:

Using the given information,

Change in the value of each share = $56\dfrac18-17\dfrac14$

= $\dfrac{448+1}{8}-\dfrac\dfrac{68+1}{4}$

= $\dfrac{449}{8}-\dfrac\dfrac{69}{4}$

= $\dfrac{449-138}{8}$

= $\dfrac{311}{8}$

Value of one share increased by $ $\dfrac{311}{8}$ .

Value of 100 shares increased by = $100\times \dfrac{311}{8}$

= $\dfrac{31100}{8}$

= $\dfrac{7775}{2}$

= $3887.5$

Therefore, you would have made $3887.5 if you bought 100 shares of Johnson & Johnson stock in 1980 and sold it in 1989.

4 0

3 years ago

A three-year annuity-immediate will be issued a year from now with annual payments of 5,000. Using the forward rates, calculate

vladimir1956 [14]

Answer:

13,152.5

Explanation:

Given the the above parameters as mentioned in the question

To calculate the PV (Present Value)

We have PV = 5000 * 1.05 * [ 1/(1.0575)² + 1/(0.625)³ + 1/(1.065)⁴]

PV = 5000 * 1.05 * (0.8942094350 + 0.8337064929 + 0.7773230908) =

=> PV = 5000 * 1.05 * 2.5052390187

= 13,152.50

Therefore, in this case, using the forward rates, the present value of this annuity a year from now is 13,152.50

6 0

4 years ago

Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $2,500 of dir

serg [7]

The amount of job costs added to Work in Process Inventory during October is $37,000

Explanation:

Job A3B was ordered by a customer on September 25.

The company applies overhead at a rate of 200% of the direct labor cost incurred.

Cost of September:

$2,500 of Direct Materials(DM)

$4,000 of Direct Labor(DL)

$4,000 manufactured overhead(OH)

Total job cost = DM + DL + (OH)

Total Job Cost =$2500+$4000+($4000*200%)

Total Job Cost=$2500+$4000+$8000

Total Job Cost=14500 (Cost for September)

Cost of October:

$3,000 of direct materials

$6,500 of direct labor

$6,500 manufactured overhead

Total job cost = DM + DL + (OH)

Total Job Cost =$3000+$6500+($6500*200%)

Total Job Cost=$3000+$6500+$13000

Total Job Cost=22500 (Cost for October)

Total cost of Job A3B= September $14,500+ October $22,500 = $37,000

Work in process contains the sum of the costs on job cost sheets for jobs that are not yet complete.

8 0

3 years ago

Porter Co. owned all of the voting common stock of Simi Corp. The corporations' balance sheets dated December 31, 2018, include

Katena32 [7]

Answer: $672,000

Explanation:

Porter sold land to Simi which means that their land balance reduces. Simi's however increases by the same amount. As Porter owned all the voting stock, the sale will be accounted for at the book value.

The Consolidated balance for land in 2020 will therefore be calculated as,

= (Porter land value - Sales price) + (Simi land value + Sales price)

= (416,000 - 65,000) + (256,000 + 65,000)

= 351,000 + 321,000

= $672,000

The book value of the Consolidated land will be $672,000 in 2020.

3 0

4 years ago