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Mademuasel [1]
2 years ago
14

A decrease in the price of toothpaste in a tube can lead to a decrease in the purchase of toothpaste in a pump. This means:

Business
1 answer:
Fittoniya [83]2 years ago
5 0

Answer:

They are complementary goods

Explanation:

Complementary goods are goods that are typically purchased together. For example: a bicycle and a helmet, a book and a bookmark, a pillow and a pillowcase, etc. Whatever happens to one good will typically end up happening to the other. If one becomes more expensive, the other typically will as well, and so on.

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During 2017 the DLD Company had a net income of $85,000. In addition, selectedaccounts showed the following changes: Accounts Re
miv72 [106K]

Answer:

A) $84,500

Explanation:

The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.

The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.  

The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.

Hence, amount of cash provided by operating activities

= -$3,000 + $1,000 + $1,500 + $85,000

= $84,500

The increase in asset other than cash is an outflow, increase in liability is an inflow of cash. Depreciation is a non-cash item added back while increase in building and bond payable are investing and financing activities respectively.

7 0
3 years ago
A company purchased $1,800 of merchandise on July 5 with terms 2/10, n/30. On July 7, it returned $200 worth of merchandise. On
pychu [463]

Answer:

The correct answer is C

Explanation:

The amount of cash paid on July 8 is computed as:

Amount of goods worth = Purchased amount - Returned goods worth  Amount of goods worth = $1,800 - $200

Amount of goods worth  = $1,600

As the amount is paid within the terms of 10 days, so the amount is eligible for the discount of 2%, it is as:

Amount to be paid in cash = Amounts of goods worth - ( Amounts of goods worth × Discount)

where

Amounts of goods worth is $1,600

Discount is of 2%

Putting the values above:

Amount to be paid in cash = $1,600 - ($1,600 × 2%)

Amount to be paid in cash = $1,600 - 32

Amount to be paid in cash = $1,568

8 0
3 years ago
Using the method of your choice, calculate the Net Present Value of the following cash flows. Assume that the required return on
mezya [45]

Answer:

E. $78

Explanation:

The computation of the net present value is shown below:

Net present value is

= Initial investment + year cash inflows ÷  (1 + discount rate)^number of years + year cash inflows ÷  (1 + discount rate)^number of years

= -$150 + $175 ÷ 1.15 + $100 ÷ 1.15^2

= $77.78

= $78

Hence, the correct option is E. $78

8 0
3 years ago
Your friend wants to open a clothing shop. A necessary capital resource is a (5 points)
jok3333 [9.3K]
 A necessary capital resource is a A place to open the shop. And <span>license to conduct business is also important.</span>
6 0
3 years ago
Honeycutt Co. is comparing two different capital structures. Plan I would result in 12,700 shares of stock and $109,250 in debt.
Ulleksa [173]

Answer:

Check the following calculations

Explanation:

All-Equity Plan:

Number of shares = 15,000

Plan I:

Number of shares = 12,700

Value of debt = $109,250

Price per share = Value of debt / (Number of shares under All-Equity Plan - Number of shares under Plan I)

Price per share = $109,250 / (15,000 - 12,700)

Price per share = $109,250 / 2,300

Price per share = $47.50

Plan II:

Number of shares = 9,800

Value of debt = $247,000

Price per share = Value of debt / (Number of shares under All-Equity Plan - Number of shares under Plan II)

Price per share = $247,000 / (15,000 - 9,800)

Price per share = $247,000 / 5,200

Price per share = $47.50

5 0
3 years ago
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