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2 years ago

The demand curve shows that the quantity consumed of a good or service

Business

1 answer:

Zigmanuir [339]2 years ago

8 0

Answer:

increase by price

Explanation:

because, of quantity let me m know if I am correct I am pretty sure I am

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Pete's Putters sells each putter for $125. The variable cost is $60 per putter and fixed costs total $400,000. Based on this inf

Andreas93 [3]

Based on this information $380,000

<h3>What is information?</h3>

Data is processed, organized, and structured. It contextualizes data and facilitates decision-making processes. A single customer's sale at a restaurant, for example, is data; this becomes information when the business can identify the most popular or least popular dish.

Facts and text features such as a table of contents, pictures, captions, bold print, and a glossary are examples of informational text characteristics. These characteristics assist the reader in finding information, supplementing information presented in text, drawing the reader's attention to key words, and explaining what words mean.

An information asset is a collection of information that is defined and managed as a single unit so that it can be efficiently understood, shared, protected, and exploited. Information assets have measurable and manageable value, risk, content, and complexity.

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8 0

2 years ago

Terry company had january 1 inventory of $100,000 when it adopted dollar-value lifo. during the year, purchases were $600,000 an

inna [77]

Answer:

Terry's Closing Inventory is $131,360.

Terry's Gross profit is $431,360.

We follow these steps to arrive at the answers:

1. Calculate the base value of closing inventory (CI):

$CI_{base value} = \frac{CI*Index at base year}{current price index}$

$CI_{base value} = \frac{143360*100}{112} = 128,000$

2. Calculate additions to inventory at base price

$Additions to inventory = CI_{base value} - Beginning inventory$

$Additions to inventory = 128000 - 100000 = 28,000$

3. Calculate the value of additions to inventory at current prices

$Additions to inventory_{current Value} = Additions to inventory_{base Value} * \frac{current price index}{base price index}$

$Additions to inventory_{current Value} = 28,000 * \frac{112}{100} = 31,360$

4. Calculate the value of Closing inventory

$Closing inventory = Beginning Inventory + Additions to inventory_{current Value}$

$Closing inventory = 100,000 + 31,360 = 131,360$

5. Compute Cost of Goods Sold (COGS):

$COGS = Opening Inventory + Purchases - Closing Inventory$

$COGS = (100000 + 600000 - 131360) = 568640$

6. Compute Gross profit

$Gross profit = Sales - COGS$

$Gross profit = 1000000 - 568640 = 431360$

5 0

3 years ago

Topik is a product that is sprayed on thinning hair and makes the hair appear thicker. The manufacturer considers its potential

Alik [6]

Answer:

Explanation:

The group of people for which a product is designed and aimed to is the product's target market. In this case, Topik is a product that aims to sell to blue-collar workers who earn less than $30,000 per year, are divorced, and who like to think of themselves as weekend athletes, which is the product's target market.

The answer is (C).

4 0

4 years ago

Compute the continuously compounded interest rate for 228 days where the ACT/365 interest rate is 2.92%. Give your answer to fou

Nikitich [7]

Answer:

The answer is 1.8407.

Explanation:

To calculate interest rate for 228 days we will first calculate daily rate and than put value in compounding rate formula.

Daily interest rate = 2.92%/365 = 0.008 %

Interest rate 228 = (1+I%)^n -1

Interest rate 228 = (1+0.008%)^228-1 = 1.8407%

3 0

3 years ago

There are ___ credit reporting companies

MariettaO [177]

There are 3 credit reporting companies

5 0

3 years ago