Insider information, also known as interior information, refers to personal facts related to a publicly traded organisation that can furnish a financial benefit in the markets.
How do people get insider information?The SEC's Edgar database lets in free public access to all filings related to insider shopping for and promoting of stock shares. A number of monetary facts web sites offer easier-to-use databases of insider buying.
This includes Social Security Numbers, financial institution information, different non-public identifiable monetary information, and certain transactions with monetary institutions.
An insider is a director, senior officer, entity, or character that owns greater than 10% of a publicly-traded company's vote casting shares.
Learn more about insider information here:
https://brainly.com/question/21484893#SPJ4Your monthly salary is $5250. Each month, social security is taken out of your paycheck at a rate of 6.2%. How much is taken out of your paycheck each month for social security?
Answer:
$325,50
Explanation:
if monthly salary is $5250 and a rate of 6.2% is taken out for social security we will there for say:
social security =monthly salary × rate ÷ 100
=$5250 × 6,2÷100
=$325.50
Each year, a bicycle repair shop receives $120,000 in total revenue. Annual costs include $40,000 for labor, $5,000 in parts, and $30,000 in equipment rental. The owner of the bicycle repair shop owns the building and could rent it out for $12,000 per year. She could be making $50,000 per year if she worked as a project manager instead. What is the owner's accounting profit
Answer:
Accounting profit= $45,000
Explanation:
The accounting profit does not take into account the opportunity cost of making a different decision. Therefore, the opportunity of renting the building and working as a project manager will not be taken into account.
Accounting profit= 120,000 - 40,000 - 5,000 - 30,000
Accounting profit= $45,000
An engineer is trying to decide which process to use to reduce sludge volume prior to disposal. Belt filter presses (BFP) will cost $203,000 to buy and $85,000 per year to operate. Belts will be replaced one time per year at a cost of $5500. Centrifuges (Cent) will cost $396,000 to buy and $119,000 per year to operate, but because the centrifuge will produce a thicker "cake", the sludge hauling cost to the monofill will be $37,000 per year less than for the belt presses. The useful lives are 5 and 10 years for alternatives BFP and Cent, respectively, and the salvage values are assumed to be 10% of the first cost of each process whenever they are closed down or replaced. Use PW evaluation to select the more economical process at an interest rate of 6% per year over (a) the LCM of lives, and (b) a study period of 8 years. Are the decisions the same?
Choose 2 multinational companies (1 U.S.-based company + 1 foreign-based company).
Visit the websites of the 2 companies and conduct research using databases such as Business and Company ASAP and Business
Source Complete.
How do these 2 multinational companies have organized their global business operations?
What are their similarities and differences, and what might explain those similarities and differences?
How might you characterize their business and international strategies?
Tools like nation portfolio analysis and political risk assessment, which primarily concentrate on the potential benefits from doing business in emerging countries, are used by companies that seek new markets.
How a Global Corporation Operates?An organisation is considered a global corporation if its operations span at least two nations. Some individuals would classify any business having an overseas branch as a multinational corporation. Some people might restrict the term to only include businesses with at least 25% of their revenue coming from sources outside of their own nation.
What Are Some of the Risks Facing Global Corporations?The various nations and regions in which multinational firms operate expose them to dangers. These include potential dangers to regulations or the law, political unpredictability, crime and violence, and cultural
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Augustus Company is considering investing in new equipment. Based on the following, what is the Average Annual Operating Income (as in the Accounting Rate of Return calculation)?
Estimated Cost of New Equipment $500,000
Useful life in years 5
Estimated Residual Value $50,000
Expected New Cash Inflows over life of asset $700,000
Answer:
$50,000
Explanation:
Estimated Cost of New Equipment = $500,000
Useful life in years = 5
Estimated Residual Value = $50,000
Expected New Cash Inflows over life of asset = $700,000
Annual depreciation expense = (Estimated Cost of New Equipment-Estimated Residual Value)/Useful life in years
= ($500,000 - $50,000) / 5
= $450,000 / 5
= $90,000
Average annual cash flow = Expected New Cash Inflows over life of asset/ Useful life in years
= $700,000/5
= $140,000
Average annual operating income = Average annual cash flow - Annual depreciation expense
= $140,000 - $90,000
= $50,000
On January 1, 2020, Korsak, Inc. established a stock appreciation rights plan for its executives. It entitled them to receive cash at any time during the next four years for the difference between the market price of its common stock and a pre-established price of $20 on 120,000 SARs. Current market prices of the stock are as follows: January 1, 2020 $35 per share December 31, 2020 38 per share December 31, 2021 30 per share December 31, 2022 33 per share Compensation expense relating to the plan is to be recorded over a four-year period beginning January 1, 2020. *75. What amount of compensation expense should Korsak recognize for the year ended December 31, 2020
Answer:
$570,000
Explanation:
Missing question: "On December 31, 2022,50,000 SARs are exercised by executives. What amount of compensation expense should Korsak recognize for the year ended December 31, 2020"
Amount of compensation expense = [(33-20)*120,000*3/4] - [(30-20)*120,000*2/4]
Amount of compensation expense = [13*120,000*3/4] - [10*120,000*2/4]
Amount of compensation expense = 1,170,000 - 600,000
Amount of compensation expense = $570,000
So. the amount of compensation expense that Korsak should recognize for the year ended December 31, 2020 is $570,000.
You want to invest in a project in Wonderand. The project has an initial cost of W738,000 and is expected to produce cash inflows of W321,000 a year for 4 years. The project will be worthless after that. The expected inflation rate in Wonderland is 2.5% while it is 4.5% in the U.S. The applicable interest rate for a project like this in Wonderland is 13%. The current spot exchange rate is W1 = $2.3456.
Required:
What is the Net Present Value of this project in Wonderland's currency (i.e., in "W")?
Answer:
Wonderland
Net Present Value of this project in Wonderland's currency is:
= W169,256.05.
Explanation:
a) Data and Calculations;
Initial project cost = W738,000
Expected annual cash inflows = W321,000
Project duration = 4 years
Expected inflation rate in Wonderland = 2.5%
Applicable interest rate for the project = 13%
Real interest rate = 15.5% (13% + 2.5%)
Present value of annual cash inflows = W907,256.05
Present value of initial cost outflows = W738,000.00
Net Present Value of this project = W169,256.05
Calculating the PV of the Cash Inflows from an online financial calculator:
N (# of periods) 4
I/Y (Interest per year) 15.5
PMT (Periodic Payment) = W321000
FV (Future Value) 0
Results
PV = W907,256.05
Sum of all periodic payments = W1,284,000.00
Total Interest = W376,743.95
Regardless which form of media used, all ads can be divided into _?_types based on the kind of message conveyed.
seven
C. five
b. two
d. three
a.
Sea Green Enterprises reports the following assets and liabilities on its balance sheet. Net Book Value Fair Market Value Assets $600,000 $925,000 Liabilities 200,000 200,000 Sea Green just lost a product liability suit with damages of $10,000,000 being awarded to the plaintiff. Although Sea Green will appeal the judgment, legal counsel indicates the judgment is highly unlikely to be overturned by the appellate court. The product liability insurance carried by Sea Green includes a payout ceiling of $6,000,000. Assume any net assets of the company will be used to reduce the judgment. For how much of the judgment is the entity and its owners liable if Sea Green is a sole proprietorship, a partnership, an LLC, a C corporation, and an S corporation
Answer:
A. $3,275,000
B. $3,275,000
C. $3,075,000
D. $3,075,000
Explanation:
A. Calculation to determine how much of the judgment is the entity and its owners liable if Sea Green is a SOLE PROPRIETORSHIP,
First step is to calculate the FMV of the net assets
FMV of the net assets=($925,000 - $200,000)
FMV of the net assets =$725,000
Now let calculate the amount the owner is liable of
Amount liable=($10,000,000-$6,000,000)-$725,000
Amount liable= ($4,000,000 - $725,000).
Amount liable=$3,275,000
Therefore the amount of the judgment that the entity and its owners liable if Sea Green is a SOLE PROPRIETORSHIP is $3,275,000
B. Calculation to determine how much of the judgment is the entity and its owners liable if Sea Green is a PARTNERSHIP
First step is to calculate the net FMV of the
net assets
Net FMV of the
net assets =($925,000 - $200,000)
Net FMV of the
net assets= $725,000
Now let calculate the partners are liable of
Amount liable=($10,000,000-$6,000,000)-$725,000
Amount liable= ($4,000,000 - $725,000).
Amount liable=$3,275,000
Therefore the amount of the judgment that the entity and its owners liable if Sea Green is a PARTNERSHIP is $3,275,000
C. Calculation to determine how much of the judgment is the entity and its owners liable if Sea Green is a C corporation
Corporate debts=($10,000,000-$6,000,000)-$925,000
Corporate debts=($4,000,000 - $925,000).
Corporate debts =$3,075,000
Therefore the amount of the judgment that the entity and its owners liable if Sea Green is a C corporation is $3,075,000
D. Calculation to determine how much of the judgment is the entity and its owners liable if Sea Green is a S corporation
Corporate debts=($10,000,000-$6,000,000)-$925,000
Corporate debts=($4,000,000 - $925,000).
Corporate debts =$3,075,000
Therefore the amount of the judgment that the entity and its owners liable if Sea Green is a S corporation is $3,075,000
Payroll entries.
Total payroll of Walnut Co. was $1,840,000, of which $320,000 represented amounts paid in excess of $106,800 to certain employees. The amount paid to employees in excess of $7,000 was $1,440,000. Income taxes withheld were $450,000. The state unemployment tax is 1.2%, the federal unemployment tax is .8%, and the F.I.C.A. tax is 7.65% on an employee's salaries and wages to $106,800 and 1.45% in excess of $106,800.
Instructions
(a) Prepare the journal entry for the salaries and wages paid.
(b) Prepare the entry to record the employer payroll taxes.
Answer:
A. Dr Salaries & Wages exp. $1,840,000
Dr Fed tax withheld & payable $450,000
Cr FICA Taxes withheld & payable $120,920
Cr Cash $2,169,080
B. Dr Employer's Tax expenses $112,920
Cr FICA taxes payable $120,920
Cr SUTA payable $4,800
Cr FUTA payable $3,200
Explanation:
a. Preparation of the journal entry for the salaries and wages paid.
Dr Salaries & Wages exp. $1,840,000
Dr Fed tax withheld & payable $450,000
Cr FICA Taxes withheld & payable $120,920
[($1,840,000-$320,000*7.65%)+($320,000*1.45%)]
Cr Cash $2,169,080
($1,840,000+$450,000-$120,920)
(Being net salaries and wages paid after holding taxes)
b. Preparation of the entry to record the employer payroll taxes.
Dr Employer's Tax expenses $112,920
($120,920-$4,800 -$3,200)
Cr FICA taxes payable $120,920
[($1,840,000-$320,000*7.65%)+($320,000*1.45%)]
Cr SUTA payable $4,800
($1,840,000-$1,440,000*1.2%)
Cr FUTA payable $3,200
($1,840,000-$1,440,000*.8%)
(Being employer's taxes made payable towards salaries & wages)
Mary is interested in becoming a franchisee in Cactus Katie's Grill, a very successful fast food chain specializing in food dishes from the American southwest. Which of the following problems is Mary most likely to encounter if she agrees to become a franchisee?
a) high initial costs and fees
b) lack of financing
c) lack of managerial assistance
d) poor name recognition and visibility
Answer:
a) high initial costs and fees
Explanation:
A franchise is formed when a business obtains the licence to use another business's brand to operate.
The franchisor (brand owner) usually gives managerial assistance, training, and other needed support.
The franchisee is the entity using the franchisor's brand name. There is usually an initial royalty payment and other fees paid the use the franchisor's brand.
Materials used by the Instrument Division of Ziegler Inc. are currently purchased from outside suppliers at a cost of $1,350 per unit. However, the same materials are available from the Components Division. The Components Division has unused capacity and can produce the materials needed by the Instrument Division at a variable cost of $900 per unit. a. If a transfer price of $1,000 per unit is established and 75,000 units of materials are transferred, with no reduction in the Components Division's current sales, how much would Ziegler Inc.'s total operating income increase
Answer:
the increase in the total operating income is $33,750,000
Explanation:
The calculation of the increase in the total operating income is given below:
= Material units × (outside supplier unit - variable cost per unit)
=75,000 units × ($1,350 - $900)
= $33,750,000
Hence, the increase in the total operating income is $33,750,000
We simply applied the above formula so that the correct amount could come
And, the same is relevant
Economists Kenneth Chay and Michael Greenstone found that in the two years following the passage of the Clean Air Act of 1970, the sharp reduction in air pollution also led to a decline in infant deaths. Although this and other studies provide compelling evidence of the link between pollution and infant health, it is not clear that reductions from the much lower levels of ambient pollution today would have the same effect. Which of the following reasons could explain this?
A) The cost of pollution abatement today is much higher than it was in the 1970s. Thus, it would be far more costly to achieve the same level of benefit today as the benefit achieved in 1970.
B) When levels of pollution are high, the marginal benefit of reducing pollution also is high. It follows therefore that the benefit of reducing air pollution in 1970 would be much higher than the benefit from a proportional reduction in air pollution today when the level of pollution is much lower.
C) Today, the level of pollution is much higher. Therefore, it will take a much larger reduction in air pollution to reap benefits similar to those in 1970.
D) When levels of pollution are high, the marginal benefit of reducing pollution is low. Therefore, it was necessary to significantly reduce air pollution in 1970 before benefits could be realized. Today, when the level of pollution is much lower, such drastic measures are unnecessary.
Answer: B) When levels of pollution are high, the marginal benefit of reducing pollution also is high. It follows therefore that the benefit of reducing air pollution in 1970 would be much higher than the benefit from a proportional reduction in air pollution today when the level of pollution is much lower.
Explanation:
Marginal benefits follow a returns to scale model which means that overtime, the benefits received per additional unit of output is less than the benefit before it.
In the context of pollution, there was much more pollution in 1970 so reducing pollution gave a high marginal benefit. As the air became cleaner however and pollution dropped, the benefit began decreasing because there was less pollution to clean and benefit from.
Double West Suppliers (DWS) reported sales for the year of $300,000, all on credit. The average gross profit percentage was 40 percent on sales. Account balances follow: Beginning Ending Accounts receivable (net) $ 45,000 $ 55,000 Inventory 60,000 40,000 Required: Compute the following turnover ratios. By dividing 365 by your ratios from requirement 1, calculate the average days to collect receivables and the average days to sell inventory.
Answer:
(1) Account receivable turnover Ratio = 6 times
Inventory turnover Ratio = 3.6 times
(2) Average days to collect receivables = 61 days
Average days to collect inventory = 101 days
Explanation:
(1). Net credit sales = $300,000
Average account receivable = ($45,000 + $55,000) ÷ 2 = $50,000
COG sold = $300,000 - (40% × $300,000) = $180,000
Average inventory = (60,000 + 40,000) ÷ 2 = 50,000
Account receivable turnover Ratio= Net Credit Sales ÷ Average Accounts receivable
= $300,000 ÷ 50,000
= 6 times
Inventory turnover Ratio= COG Sold ÷ Average Inventory
= 180,000 ÷ 50,000
= 3.6 times
(2). Average days to collect receivables= 365 ÷ 6
= 60.83 or 61 days
Average days to collect inventory= 365 ÷ 3.6
= 101.38 or 101 days
Vextra Corporation is considering the purchase of new equipment costing $38,000. The projected annual cash inflow is $11,600, to be received at the end of each year. The machine has a useful life of 4 years and no salvage value. Vextra requires a 12% return on its investments. The present value of an annuity of $1 for different periods follows:
Periods 12%
1 0.8929
2 1.6901
3 2.4018
4 3.0373
What is the net present value of the machine (rounded to the nearest whole dollar)?
a. $(35,233).
b. $(2,767).
c. $38,000.
d. $(3,700).
e. $5,233.
Answer:
b
Explanation:
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.
When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable.
NPV can be calculated using a financial calculator
Cash flow in year 0 = $-38,000.
Cash flow in year 1 - 4 = $11,600
I = 12%
NPV = $(2,767).
To find the NPV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
g Over the last several years your company has collected the following monthly repair frequency history on a key piece of manufacturing equipment. If the average repair cost (parts and labor) is $356/repair, calculate the expected annual repair budget for this piece of equipment. Repairs/month Probability 0 0.02 1 0.05 2 0.08 3 0.1 4 0.12 5 0.13 6 0.12 7 0.16 8 0.11 9 0.09 10 0.02
Answer:
The expected annual repair budget for this piece of equipment is $1,933.20.
Explanation:
Note: See the attached excel file for the calculation of the expected annual repair budget for this piece of equipment.
In the attached excel file, the following formula is used
Expected monthly repair cost = Repairs/month * Probability * Average cost per repair
From the attached excel file, we have:
Expected annual repair budget = Total of expected monthly repair cost = $1,933.20
Therefore, the expected annual repair budget for this piece of equipment is $1,933.20.
Two neighbors, Molly and Sandy, are separated by a white picket fence. Each neighbor has a garden that grows tomatoes and peppers. How could Molly and Sandy gain from trade? 1 point Sandy could trade tomatoes to Molly in exchange for peppers if Sandy was the more efficient grower of peppers. Sandy could trade peppers to Molly in exchange for tomatoes if Molly was the more efficient grower of peppers. Molly could trade peppers to Sandy in exchange for tomatoes if Molly was the more efficient grower of peppers. Molly could trade tomatoes to Sandy in exchange for peppers if Molly was the more efficient grower of peppers.
Answer:
The answer is "the third choice".
Explanation:
In this question, the picket fence use for separating the two neighbors, Molly and Sandy, which is growing neighbor has both a tomato or pepper garden. although Molly was a more powerful grower with peppers, she would sell them to Sandy in return with tomatoes, almost as Molly and Sandy profit through trade.
Assume that IBM leased equipment that was carried at a cost of $182,000 to Sharon Swander Company. The term of the lease is 6 years beginning January 1, 2017, with equal rental payments of $35,685 at the beginning of each year. All executory costs are paid by Swander directly to third parties. The fair value of the equipment at the inception of the lease is $182,000. The equipment has a useful life of 6 years with no salvage value. The lease has an implicit interest rate of 7%, no bargain-purchase option, and no transfer of title. Collectibility is reasonably assured with no additional cost to be incurred by IBM.
Prepare IBM’s January 1, 2017, journal entries at the inception of the lease
Date Account Titles & Explnation Debit Credit
January 1
January 1
Answer:
IBM
Journal entries at the inception of the lease
Date Account Titles & Explanation Debit Credit
January 1
Debit Accounts receivable (Sharon Swander Company) $182,000
Credit Leased Asset $182,000
To record the lease of the asset to Sharon Swander.
January 1
Debit Cash $35,685
Credit Accounts receivable (Sharon Swander Company) $35,685
To record the receipt of the first rental payment.
Explanation:
a) Data and Calculations:
Cost of equipment on lease = $182,000
Lease terms:
Lease period = 6 years
Annual rental payments = $35,685
Implicit interest rate = 7%
A project scope statement provides the first phase the project.
True
False
Answer:
true coz i know the answer
7. A monopolist has cost function = + 2 and the regulator is willing to allow the firm to use a two-part tariff per consumer = + to cover total costs. Total demand is = 102 − and there are 100 identical consumers. Up to how much is willing to pay each indidual consumer to have the right to consume the good at marginal cost? What is the optimal tariff or tariff that would maximize social welfare (fixed part and marginal price) ?
Answer: hello your question is poorly written below is the complete
A monopolist has cost function C = F + 2Q and the regulator is willing to allow the firm to use a two-part tariff per consumer equal to T = A + pq to cover total costs. Total demand is Q = 102 − p and there are 100 identical consumers. What is the optimal tariff or tariff that would maximize social welfare (fixed part and marginal price)?
answer : Fixed part = $5000 per customer = $500,000
marginal price = $2
Explanation:
Marginal cost of monopolist = dc / dq = 2
Q = quantity of the concerned good/service.
p = price of concerned good/service
Based on profit maximizing condition of the monopoly firm under the two-part tariff system ; output of concerned goods/services = MC = price of concerned goods/service
P = MC
102 - Q = 2 ∴ Q = 100
back to the Total demand function ( p = 102-Q )
p = 102 - Q
p = 2
when Q = 0
p = 102 - Q = 102
hence; Total consumer surplus = 0.5 * ( 102 - 2 ) * ( 100-0 ) = $5000 i.e. fee charged by monopolist per customer
marginal / socially optimal price charged = $2
Total Fixed rate/part that the monopolist will charge from 100 customers
= (100*5000) = $500,000
what symptom must be reported to a manger
vomiting, diarrhea, jaundice, or a fever accompanied by a sore throat
Why should interest earned NOT be a factor with your emergency fund?
O Interest-bearing accounts at banks earns a high rate of interest, therefore, interest is not a concern.
It should be a factor.
O Inflation can eat up the interest earned.
O The emergency fund is not intended to grow wealth
Answer:
O The emergency fund is not intended to grow wealth
All of the following statements about the online insurance industry are true except: Group of answer choices the industry has been very successful in attracting visitors searching for information about prices and terms of insurance policies. the Internet has lowered search costs, increased price comparison, and decreased prices to consumers for all forms of insurance. websites of almost all the major firms provide the ability to obtain an online quote. the wave of interest in fintech companies has not yet reached the insurance industry.
Media Relations are marketing activities that involves writing press releases and organizing news conferences for a sports organization
A) True
B) False
Answer:
Hello! Your answer is, A)True
Explanation:
Hope I helped! Ask me anything if you have any questions! Brainiest plz! Hope you make an 100% and have a wonderful day! -Amelia♥
A multinational corporation taps oil reserves in a developing country's rainforest. Which of the following is a potential positive externality resulting from this? (1 point)
a
Better knowledge of rainforest plants
b
Decreased use of local fuel sources
c
Improved roadways for moving equipment
d
Increased profits for the drilling company
Answer:
option a because it increase the better knowledge of rain forest plant
Answer:
Improved roadways for moving equipment
Explanation: I GOT IT RIGHT IN THE TEST
Assume that in 2018, a copper penny struck at Philadelphia mint in 1796 was sold for $480,000. What was the rate of return on this investment?
Answer:
The annual rate of return on this investment is 8.29%
Explanation:
The computation of the rate of return on this investment is shown below:
Since the copper penny is in 1795 is 1 cent
And,
1 cent = .01 dollars
Now
Year 1796 2018
Amount (in dollars) 0.01 $390,000
We know that
Future Value = Present Value × ((1 + rate )^time period)
Here,
t = 2018 - 1795 = 222
So,
.01 × ((1+rate)^(222)) = $480,000
(1+rate)^(222) = $48,000,000
1 + rate = $48,000,000^(1 ÷ 222)
1 + rate = $48,000,000^(0.004505)
1+rate = 1.082929503
rate = 0.082929503
Hence, The annual rate of return on this investment is 8.29%
The pounds of bananas sold each week at all Metro Seattle Alberstons stores as a function of price, p , in dollars/pound(lb.) is given by q ( p ) = 100 e 1.5 ( 5 − p ) 1. What is the price elasticity of demand for bananas at $.20/lb. ? (nearest 0.01) Bananas are Select an answer at that price? 2. What is the price elasticity of demand for bananas at $1/lb. ? Bananas are Select an answer at that price? 3. At what price is the maximum revenue per week achieved? +/- $0.01 4. What is that maximum revenue per week? 5. How many pounds will be sold each week at that optimal price
Answer:
a) 0.3 ( Inelastic )
b) 1.5 ( elastic )
c) $0.66 = ( 1/1.5 )
d) $44342.77
e) 66514.1633 Ib
Explanation:
Function = q (p) = 100e^1.5 ( 5 − p )
∴ q = 100e^(7.5 - 1.5p)
dq/dp = 100 ( -1.5 ) e^(7.5-1.5p)
hence E (p ) = | p/q * dq/dp |
= | -1.5p |
a) Determine the price elasticity of demand at $0.20 / Ib
E( 0.2 ) = | -1.5 * 0.2 |
= 0.3
given that E < 1 inelastic more revenue is generated when prices are increased
b) price elasticity at $1 / Ib
E ( 1 ) = | -1.5 * 1 |
= 1.5 given that E > 1 ( Elastic ) , hence when prices are raised less revenue is generated
c) Determine price at which maximum revenue is achieved
i.e. E(P) = -1 ( for max revenue )
-1 = | -1.5p |
therefore p ( price at which max revenue is achieved ) = ( 1 / 1.5 ) = $0.66
d) maximum revenue per week
q * p = ( 0.66 )* 100*e^(7.5 - 1.5*0.66)
= $44342.77
e) How many pounds will be sold each week at optimal price
quantity sold at optimal price ( q )
q = 100*e^(7.5 - 1.5*0.66)
= 66514.1633
What entrepreneurial skills do you think would be necessary to start a DJ business?
Answer:What Skills Do You Need To Make Money As A DJ Entrepreneur? · Ambition · Drive · Discipline · Leadership · Creative Thinking · Strategic Thinking.
Explanation:
The following present value factors are provided for use in this problem: Norman Co. wants to purchase a machine for $40,000 but needs to earn an 8% return. The expected year-end net cash flows are $12,000 in each of the first three years and $16,000 in the fourth year. What is the machine's net present value (rounded to the nearest whole
Answer:
$2,685
Explanation:
Calculation to determine the machine's net present value
NET PRESENT VALUE
Year Cash flow*Discount factor at 8% =Discounted Cash flows
0 $ -40,000*1= $-40,000
1 $ 12,000*0.9259= $11,111
2 $12,000*0.8573=$10,289
3 $ 12,000* 0.7938=$9,526
4 $16,000*0.7350=$11,760
NET PRESENT VALUE $2,685
($-40,000+$11,111+$10,289+$9,526+$11,760)
Therefore the machine's net present value is $2,685
Assume that three identical units of merchandise were purchased during October, as follows:
Units Cost
Oct. 5 Purchase 1 $5
12 Purchase 1 13
28 Purchase 1 15
Total 3 $33
Assume one unit is sold on October 31 for $28. Determine cost of merchandise sold, gross profit, and ending inventory under the average cost method.
Answer:
Cost of Merchandise sold: $11
Gross Profit: $17
Ending inventory: $22
Explanation:
STATEMENT SHOWING INVENTORY RECORD UNDER WEIGHTED AVERAGE METHOD
RECIEPTS COST OF GOODS SOLD BALANCE
DATE UNITS RATE AMOUNT $ UNITS RATE AMOUNT $ UNITS RATE AMOUNT $
balance
05-Oct 1 5 5
12-Oct 1 13 13
28-Oct 1 15 15
TOTAL 3 11 33 1 11 11 2 11 22
Gross Profit:
Sales revenue 28
Less: Cost of good sold 11
Gross Profit: 17