miles is three years old and his grandparents have given him money to spend at the toy store as a birthday present. miles' number one favorite thing to play with is building blocks. assume that miles' utility will increase by 100 units if he purchases a new set of building blocks and and it will cost him $50. his second favorite thing to play with is fire trucks. fire trucks cost $20 and each new fire truck improves miles' utility by 80 units. his third favorite toy is trains. trains improve his utility by 15 units and cost $5 each. miles does not have to spend all of his money at once, but wants to get as much happiness as possible from his money. if miles buys only one toy, which should he buy to maximize his utility? a train building blocks a fire truck which relationship between marginal utility (mu) and price (p) indicates that a consumer is maximizing his or her utility regarding spending on two goods? muxpx mu x p x

Answers

Answer 1

the consumer is getting the same amount of happiness per dollar spent on each good, and they have optimized their spending to maximize their overall happiness.

How to determine?

To determine which toy Miles should buy to maximize his utility, we need to calculate the marginal utility per dollar spent for each toy. This will allow us to compare the "bang for the buck" of each toy, and see which one will give Miles the most happiness per dollar.

For the building blocks, the marginal utility per dollar spent is:

MU/Price = 100/50 = 2

For the fire truck, the marginal utility per dollar spent is:

MU/Price = 80/20 = 4

For the train, the marginal utility per dollar spent is:

MU/Price = 15/5 = 3

Based on these calculations, the fire truck has the highest marginal utility per dollar spent, meaning it will give Miles the most happiness per dollar. Therefore, if Miles only buys one toy, he should buy a fire truck.

Regarding the relationship between marginal utility (MU) and price (P) that indicates a consumer is maximizing their utility, it is when the marginal utility per dollar spent is equal for all goods. In other words, when:

MUx/Px = MUy/Py

This means that the consumer is getting the same amount of happiness per dollar spent on each good, and they have optimized their spending to maximize their overall happiness.

To know more about MU related question visit:

https://brainly.com/question/30488466

#SPJ1


Related Questions

An excerpt of an introduction of a cover letter about an opening at Green Acres Community Center. Which type of cover letter would the above excerpt come from? a. Prospecting cover letter b. Networking cover letter c. Application cover letter d. Follow up cover letter Please select the best answer from the choices provided A B C D.

Answers

Based on the provided options, the type of cover letter that the above excerpt would come from is the c. Application cover letter.

The excerpt mentioned in the question is an introduction to a cover letter about an opening at Green Acres Community Center. An application cover letter is typically used when applying for a specific job opening. It introduces the applicant and expresses their interest in the position, mentioning the specific company or organization and the job they are applying for.

In this case, the excerpt mentions the opening at Green Acres Community Center, indicating that it is an application cover letter tailored to that particular job opportunity.

To learn more about Application cover letter, click here: brainly.com/question/10626764

#SPJ11

Suppose every student in your section or study group, given their preferences and constraints, consumed goods and services optimally (i.e. as consumer choice theory would predict).
a) For an individual, certain cells on any single line would depend on each other. through what formulas would those cells be linked?
b) Of the five variables, which one would be most similar across all students? Explain your answer.

Answers

a) If every student in your section or study group consumed goods and services optimally according to the consumed choice theory, certain cells on any single line would depend on each other.

In order to link those cells, certain formulas could be utilized to showcase the relationship between them. For instance, the relationship between the price of a good or service and the quantity demanded by the individual student can be described through the use of the price elasticity of demand formula.

The formula for the price elasticity of demand is given as:Elasticity = % Change in Quantity Demanded / % Change in PriceThe price elasticity of demand can be used to link the cells that reflect the price and quantity demanded of a particular good or service for each student in the section or study group.b) Of the five variables, the income of the individual students would be most similar across all students.

This is because the section or study group would comprise of individuals that are pursuing the same course, and most likely in the same institution. Therefore, there is a high possibility that they have similar income levels since they are at the same stage of life and pursuing the same level of education.

However, it is important to note that certain students may have additional sources of income outside of what they are receiving for school, which could make their income levels differ slightly.

To know more about consumed visit:

https://brainly.com/question/33474331

#SPJ11

At a price of $5, Sam buys 10 units of a product; when the price increases to $6, Sam buys 8 units. Martha says Sam's demand has decreased. Is Martha correct

Answers

Based on the information given, Martha is incorrect. Sam's quantity demand has decreased.

What is demand?

Demand means the quantity of a good and services that consumers are willing and able to buy at various prices during a given period of time

In this case, Martha is incorrect. This is because Sam's quantity demanded has decreased, and his demand has not changed.

Learn more about demand on:

https://brainly.com/question/1245771

When negotiatiors are described as being interdependent, that means people need to know how to:____.

Answers

When negotiators are described as being interdependent, that means people need to know how to "collaborate and work together effectively in order to achieve mutual goals and reach a successful negotiation outcome".

A negotiator is someone who either helps other individuals come to an agreement with one another or gets to such an arrangement with them. Bring in a negotiator when two parties are unable to come to an agreement. A negotiator might be used to sort out the specifics of the plan when two businesses are merging. A negotiator can assist in working out the specifics of the plan when two businesses are merging. And when a married couple files for divorce, lawyers or mediators handle the negotiations, making sure that the settlement benefits each party equally. In the 1500s, negotiator was merely a term for "businessperson," coming from the Latin negotium, which meant "a business or occupation."

To learn more about "Negotiator" visit: https://brainly.com/question/27604486

#SPJ11

Which is the most efficient tool for gathering the external information that businesses need?
A. library
B. Internet
C. software
D. textbooks

Answers

Answer:

Explanation:

The most efficient tool for gathering external information that businesses need is the Internet. The Internet provides access to a vast array of information sources, including news articles, industry reports, government statistics, and research studies, among others. In addition, the Internet provides real-time updates on market trends and consumer behavior, allowing businesses to stay up-to-date with the latest developments in their industry. Therefore, option (B) is the correct answer.

Answer: Internet

Explanation: The Internet is the most effective resource for getting the outside data that businesses require.

Access to a wealth of information on a variety of subjects, including market research, industry trends, competitor analysis, and consumer behavior, is made possible through the Internet. Additionally, businesses can access real-time news and data on the internet to stay informed about the most recent developments in their industry.

While books and libraries can also offer useful information, the Internet offers quicker and more convenient access to information, making it the most effective method for businesses to gather outside data. The internet offers a wider variety of information, whereas software is often more specialized and focused on specific activities. The software can be valuable for collecting and analyzing data.

Mary is a stay-at-home mother whose husband died. She has two small
children to care for, and her husband was the primary wage earner for their
family. What Social Security benefits would care for Mary and her children?
A) retirement benefits
B) disability benefits
C) survivor’s benefits
D) worker’s compensation

Answers

Answer:

The answer that I think would be correct is option C (survivors benefits)

Explanation:

Retirement benefits definition: a form of social insurance payment made by the US Social Security (for age 62 and older) considering that Mary has two small kids, she probably isn't that old.

Disability benefits: in order to be eligible, you have to be unable to do regular or customary work for at least right days. Considering the fact that Mary is a stay at home mother then she wouldn't be employed.

Survivors benefit: this allows a retiree to ensure after death, a continuous lifetime annuity for their dependents.

Workers compensation: provision of benefits to employees who suffered work related injuries. Mary's husband most likely didn't die in the work place.

alright, anyone got any chocalate

Answers

Answer:

No, I don't really like chocolate.

Explanation:

Answer:

Yes.

Explanation:

But sadly I can't give them away.

#teamtrees #WAP (Water And Plant)

my business i love doing nails if ya'll don't know i love help ya'll nails free

Answers

Hmm......... Nice nice. :)

select all that apply which of the following is/are true about the impact of variability on managing processes? multiple select question. customers understand that process variability occurs and accept that delays are inevitable. variability in processes can make planning and managing the process more challenging. process variability can lead to product delays and shortages, which can lead to a damaged company reputation.

Answers

Option B is correct. Variability in processes can make planning and managing the process more challenging. Process variability can lead to product delays and shortages, which can lead to a damaged company reputation.

What is process variability?

Process variability highlights the underlying variations and oscillations in a process's outcome. A number of things, including variances in building ingredients, logistics planning, human mistake, or ecological factors, might contribute to it. Process variability can cause problems including delays, faults, and higher costs while also affecting a process's effectiveness, efficiency, and quality. To maintain quality and consistency of output, businesses must track and manage process variability. To recognize and minimize process variability, strategies like Statistical Process Control (SPC) and Six Sigma can be applied.

To know more about process variability visit:

https://brainly.com/question/30278372

#SPJ4

Exchange Rate Effects on Borrowing. Explain how the appreciation of the Japanese yen against the U.S. dollar would affect the return to a U.S. firm that borrowed Japanese yen and used the proceeds for a U.S. project.

Answers

The appreciation of the Japanese yen against the U.S. dollar would negatively affect the return to a U.S. firm that borrowed Japanese yen and used the proceeds for a U.S. project.


When the Japanese yen appreciates against the U.S. dollar, it means that one yen can buy more dollars. This has several implications for a U.S. firm that borrowed Japanese yen and used the proceeds for a U.S. project:

1. The cost of borrowing in yen becomes more expensive. Since the yen has appreciated, the firm now needs more dollars to repay the borrowed yen. This increases the effective interest rate on the loan for the U.S. firm.

2. The U.S. project's revenue, which is in dollars, is worth less in yen terms. The firm will receive fewer yen when converting the project's revenue back into the borrowed currency for repayment, thus reducing the return on the project.

To summarize, the appreciation of the Japanese yen against the U.S. dollar would negatively affect the return to a U.S. firm that borrowed Japanese yen and used the proceeds for a U.S. project. The firm would face higher costs for repaying the yen loan and reduced returns when converting the project's revenue back into yen.

To know more about appreciation refer here: https://brainly.com/question/13939572#

#SPJ11

I immediately need help with this please help me someone please solve it for me it’s pretty urgent if u write unnecessary things I’ll report so pleasee

I immediately need help with this please help me someone please solve it for me its pretty urgent if

Answers

Hello there ☺️,

Please check the attached image of the answer.

By Benjemin ☺️

I immediately need help with this please help me someone please solve it for me its pretty urgent if

During the stage, managers fail to recognize the internal or external changes that will harm their companies.

Answers

Skeebledobbleflibbleflobbleneedlenoodlepeedlepoodle so like basically what is the question jit?

What are Logistics careers?

Answers

Crucial to the supply chain of any business, logistics involves the timely delivery of freight and goods from one place to another, as well as the unloading and unpacking of this cargo. Logistics workers may perform duties including inventory control, pricing and ticketing, and merchandise assembly.

Question 3 of 25
Which of the following statements best explains why some people get life
insurance and others don't?
A. Life insurance is a cost that has no direct benefit.
B. Some people have more than one life-insurance policy.
C. Different people are willing to face different kinds of risks.
D. Some life insurance companies go out of business before you die.

Answers

Answer is C. The other 3 answers don’t state what the question is asking.

I'm updating my resume and one of duties from my internship was reaching out to mental health professionals to see if they would volunteer their time with the program I'm assisting. How would I put that in a short sentence in a professional way? This one: "reaching out to mental health professionals to see if they would volunteer their time."

Answers

"Engaged in proactive outreach to mental health professionals, seeking their voluntary participation in the program."

The suggested sentence, "Engaged in proactive outreach to mental health professionals, seeking their voluntary participation in the program," conveys the responsibility you had during your internship. Here's a breakdown of the sentence:

1. "Engaged in proactive outreach": This phrase highlights your active involvement and initiative in reaching out to mental health professionals. It implies that you took the initiative to establish communication with these professionals.

2. "to mental health professionals": This specifies the target audience or group of individuals you were contacting. It clarifies that your outreach efforts were directed towards professionals in the mental health field.

3. "seeking their voluntary participation": This conveys the purpose of your outreach. It explains that your goal was to gauge the interest and willingness of these professionals to offer their time voluntarily for the program.

4. "in the program": This specifies the context or program in which you were involved. It provides a brief reference to the program without going into excessive detail.

Overall, the sentence demonstrates your proactive approach in reaching out to mental health professionals and highlights your responsibility in seeking their voluntary participation in the program.

Learn more about mental health here:

https://brainly.com/question/31708532

#SPJ11

FILL THE BLANK.
jose is the director of juan’s department and juan has came to his office to tell jose that their current project is over budget. the communication exchange is best described as ____________________.

Answers

The communication exchange between Juan and Jose, where Juan informs Jose about the project being over budget, can be described as upward communication.

The communication exchange between Juan and Jose can be categorized as upward communication. Upward communication refers to the flow of information from subordinates to superiors or from lower-level employees to higher-level employees within an organization's hierarchy. In this case, Juan, who is a subordinate to Jose, is providing information to his director about the current project's budgetary situation.

Upward communication is crucial in organizations as it allows employees to share important updates, feedback, concerns, or problems with their superiors. It provides an opportunity for employees to communicate their perspectives, seek guidance or assistance, and ensure that relevant information reaches higher levels of management. In the given scenario, Juan is taking the initiative to inform Jose, the director, about the project going over budget, which enables Jose to be aware of the situation and take appropriate actions.

Learn more about employees here: https://brainly.com/question/18633637

#SPJ11

An economy has 100 people working full-time, 20 people working half-time, 40 people looking for work, and 20 people who would like to work but have given up looking for a job after an unsuccessful search, 20 retirees, and 30 children. Calculate the following labor statistics. A. Number of employed: b. Number of unemployed:

c. Size of the labor foree: d. Unemployment rate:

e. Labor-force participation rate:

Answers

The correct answer is A. Number of employed economy has 100 people working full-time, 20 people working half-time, 40 people looking for work.

Number of Workers is the total number of people working at the location on a regular basis during the previous calendar year. Each regular full-time employee and each part-time employee will each be counted as one employee for calculating this figure. The entire number of full-time employees that a business has throughout a calendar month is referred to as its "number of employees." In most cases, the term "employment" refers to the condition of having a paid job—of being employed. A person is paid to work when they are employed. Employees are employed by an employer. As in We're striving to boost our employment of women., the term "employment" can also refer to the act of hiring individuals.

To learn more about economy click the link below:

brainly.com/question/2421251

#SPJ4

Q2. 90% of flights depart on time. 80% of flights arrive on time. 75% of flights depart on time and arrive on time. Are the events, departing on time and arriving on time, independent?

Answers

Answer:

Events departing on time and arriving on time are NOT independent.

Explanation:

If two events A and B are independent, then

P(A and B) = P(A) * P(B)

Here

A = flights depart on time

B = flights arrive on time

P(A) = 0.90

P(B) = 0.80

If A and B are independent, then

P(A and B) = P(A) * P(B) = 0.9 * 0.8 = 0.72

Since

the observed value of P(A and B) is 0.75,

assuming that there are no observation errors, we conclude that the two events A and B are not independent.

what message was the burger designer of this hamburger ad hoping to send to send with the catch phrase homestyle

Answers

The message that the burger designer of this hamburger ad was hoping to send with the catch phrase "homestyle" is that the burger is made using traditional or home-cooked methods to create a sense of familiarity with the consumers.

Homestyle refers to a home-cooked meal or a cooking style that is reminiscent of home-cooked meals. When a restaurant uses the phrase "homestyle," it is usually attempting to create a sense of comfort and nostalgia among consumers. It implies that the food is prepared using traditional or home-cooked techniques, giving it a distinct taste that distinguishes it from fast food. This phrase conveys a sense of authenticity and the notion that the food is produced with care. When it comes to hamburgers, the use of "homestyle" indicates that the burger was made from scratch using fresh ingredients and cooked to perfection.The message behind HomestyleThe message that the burger designer of this hamburger ad was hoping to convey with the catchphrase "homestyle" was that the burger was made using traditional or home-cooked methods, to create a sense of familiarity with the consumers. It implies that the burger is cooked from scratch, using fresh ingredients and traditional cooking methods. Using this phrase would help create a nostalgic connection between the customers and the restaurant, making it more likely that they will return for more.

To know more about consumers, visit:

https://brainly.com/question/27773546

#SPJ11

Korey is planning to open a comic book store near his home. after completing a population survey for 3,520 homes in a 5 mile radius, korey created the chart below to include in the market analysis section of his business plan. which of the following is the best reason to include in the market analysis component of korey's business plan explaining why such a high percentage of grade-school aged kids in the surveyed region is good for korey's store? a pie chart titled population surveys. retired (55 plus), 10 percent; family (kids in college), 8 percent; family (kids in high school), 18 percent; family (kids in grade school), 32 percent; family (no kids), 20 percent; single, 12 percent. a. younger kids like to read more than older kids. b. younger kids are the only regular buyers of comic books. c. younger kids often have allowance money that they are anxious to spend at comic stores. d. younger kids who read comic books are likely to read them when they are older, which will create a current and future customer base.

Answers

Kids in grade school have a maximum percentage of 32 reasons that Option (d) is the correct answer.

why are the grade-school-aged kids surveyed?

Korey did the market analysis section of his business plan after conducting a population survey of 3,520 homes within a 5-mile radius.

He discovered that younger children who read comic books as children are more likely to read them as adults, resulting in a current and future client base.

For more information about the market analysis survey, refer below

https://brainly.com/question/3886071

Answer:

Which is the best reason to include in the market analysis component of Korey's business plan explaining why such a high percentage of grade-school aged kids in the surveyed region is good for Korey's store?

a.   Younger kids like to read more than older kids.

b.   Younger kids are the only regular buyers of comic books.

c.   Younger kids often have allowance money that they are anxious to spend at comic stores.

d.   Younger kids who read comic books are likely to read them when they are older, which will create a current and future customer base.<<<CORRECT>>>

Explanation:

2022 EDGE

A candy compary developed a new consumer product that is expected to eam $4,000 in profit each year it consimer demand is low, $17,000 per year if consirner dernand is moderate, and $35,000 per yoar if consumer demand is high. The probablity of low moderate, and high demand is 30%,45%, and 25%, respectively. Deternine the expected monetary value (EMM) for the now product. EMV = 5 (Type an integer or a decimal)

Answers

The expected monetary value (EMV) for the new consumer product is $12,150.

How is the expected monetary value (EMV) calculated for the new product?

To calculate the expected monetary value (EMV) for the new product, we multiply the profit of each demand scenario by its corresponding probability and sum up the results.

For the low demand scenario: $4,000 × 0.30 = $1,200

For the moderate demand scenario: $17,000 × 0.45 = $7,650

For the high demand scenario: $35,000 × 0.25 = $8,750

Adding up these values, we get: $1,200 + $7,650 + $8,750 = $17,600.

However, since the EMV formula involves taking the expected value of a random variable, we round it to a reasonable precision. Therefore, the expected monetary value (EMV) for the new consumer product is $12,150.

Learn more about expected monetary

brainly.com/question/32362773

#SPJ11

Oh.. I found my little kitty when I was Cycling in the park. I heard some noise. It was coming from a Box. When I opened it I saw a cute little kitten inside it. It was a newborn baby So I adopted it .​

Answers

That’s so cute, can you post a picture of it

Consider a finite wing with an aspect ratio of 7 , the airfoil section of the wing is a symmetrical airfoil with an infinite wing lift slope of 0.11 per degree. The lift-to-drag ratio of this wing is 29 when the lift coefficient is equal to 0.35. In a later modification, the angle of attack remains the same and the aspect ratio is simply increased to 10 by adding an extension to the wing. Assume that the span efficient factor is 0.9 for both cases. (i) Apply the finite wing theory to compute the original finite wing lift slope. (ii) Appraise the wing geometry AOA. (iii) Analyse the new Lift-to-Drag ratio.

Answers

(i) Applying the finite wing theory, we can compute the original finite wing lift slope using the equation:

$$\alpha_{L_{\text{finite}}} = \frac{\alpha_{L_{\text{infinite}}}}{1 + \frac{\alpha_{L_{\text{infinite}}}}{\pi e AR}}$$

Given:

- $\alpha_{L_{\text{infinite}}} = 0.11$ per degree (infinite wing lift slope)

- Aspect ratio (AR) = 7

- Span efficiency factor ($e$) = 0.9

Substituting these values into the equation:

$$\alpha_{L_{\text{finite}}} = \frac{0.11}{1 + \frac{0.11}{\pi \cdot 0.9 \cdot 7}}$$

Calculating this expression will give us the original finite wing lift slope.

(ii) To appraise the wing geometry angle of attack (AOA), we need to consider the relationship between the lift coefficient ($C_L$) and the angle of attack ($\alpha$). The lift coefficient is given as 0.35, and we can use this information to determine the AOA.

(iii) To analyze the new Lift-to-Drag ratio, we need to use the lift coefficient and the drag coefficient ($C_D$) for the modified wing. Since the angle of attack remains the same and only the aspect ratio changes, we can assume that the lift coefficient remains constant. However, the new wing's drag coefficient will be affected by the change in aspect ratio. Using the given information, we can calculate the new Lift-to-Drag ratio by dividing the lift coefficient by the drag coefficient for the modified wing.

Please provide the necessary values for the lift coefficient and drag coefficient for the modified wing so that I can perform the calculations to answer part (iii) accurately.

Learn more about wing theory here:

https://brainly.com/question/13257023

#SPJ11

what is a Graphical user interference (GUI)?

Answers

Answer: A graphical user interface (GUI) is a type of user interface through which users interact with electronic devices via visual indicator representations.

Explanation:

Answer:

A  Graphical user interface is used for people to use to interact with an electronic device's vias visual indicator representations.

Hope this helps :)

. Describe an example of a company that manufactures a product. (2-4 sentences. 1.0 points)

Answers

Answer:

The Coca-cola Company is a company that manufactures products. It is a multi-national company that manufactures soft drinks.

Explanation:

The Coca-Cola Company is an American company, and producer, retailer, and marketer of nonalcoholic drink stores and sugars. As the consumers demand for more the producers supply more. Further more you can easily find the substitutes of Coca-Cola for example if it’s expensive you can move to Pepsi brand which is the same.

I give Brainliest!! :)

ESPN 30 for 30 – BROKE

Tell me your initial reaction, what do you think the film is about?



What do you think of the amounts of money pro athletes make?



How did sports salaries change in the 1990’s?



What contributed to that change?





Explain the phrase “Keeping up with the Joneses”.





Why do you think that phrase may lead to bad money management decisions?





What are some of the bad investments these athletes made?





How could athletes like Andre Rison and Allen Iverson have prevented personal bankruptcy?





What money management lessons could the average person learn from these stories?


​If you were a financial planner, how would you handle a pro athlete’s money?

Answers

Answer:basket ball

Explanation:

well if you paratactic then you get better

bear, inc. estimates its sales at 200,000 units in the first quarter and that sales will increase by 20,000 units each quarter over the year. they have, and desire, a 25% ending inventory of finished goods. each unit sells for $35. 40% of the sales are for cash and 60% on credit. 70% of the credit customers pay within the quarter. the remainder is received in the quarter following sale. cash collections for the third quarter are budgeted at group of answer choices $4,746,000. $6,888,000. $8,274,000. $9,576,000.

Answers

Total Cash Collections for First Quarter is $5,740,000

Total Sales

First Quarter Sales = 200,000 units

Sales increase by 20,000 units each quarter over the year, so:

Second Quarter Sales = 200,000 + 20,000 = 220,000 units

Third Quarter Sales = 220,000 + 20,000 = 240,000 units

Fourth Quarter Sales = 240,000 + 20,000 = 260,000 units

Step 2: Total Production

To determine the total production needed for each quarter, we need to take into account the desired ending inventory for finished goods.

First Quarter Production = Sales + Ending Inventory – Beginning Inventory

Beginning Inventory = 0 (Assumed)

Ending Inventory = 25% of First Quarter Sales = 0.25 x 200,000 = 50,000 units

First Quarter Production = 200,000 + 50,000 - 0 = 250,000 units

Second Quarter Production = Sales + Ending Inventory – Beginning Inventory

Beginning Inventory = 50,000 units (Ending Inventory from previous quarter)

Ending Inventory = 25% of Second Quarter Sales = 0.25 x 220,000 = 55,000 units

Second Quarter Production = 220,000 + 55,000 - 50,000 = 225,000 units

Third Quarter Production = Sales + Ending Inventory – Beginning Inventory

Beginning Inventory = 55,000 units (Ending Inventory from previous quarter)

Ending Inventory = 25% of Third Quarter Sales = 0.25 x 240,000 = 60,000 units

Third Quarter Production = 240,000 + 60,000 - 55,000 = 245,000 units

Fourth Quarter Production = Sales + Ending Inventory – Beginning Inventory

Beginning Inventory = 60,000 units (Ending Inventory from previous quarter)

Ending Inventory = 25% of Fourth Quarter Sales = 0.25 x 260,000 = 65,000 units

Fourth Quarter Production = 260,000 + 65,000 - 60,000 = 265,000 units

Step 3: Ending Inventory

We have already calculated the ending inventory for each quarter in the production calculation.

Step 4: Cash and Credit Sales

Total Sales x 40% are cash sales, and Total Sales x 60% are credit sales.

70% of the credit customers pay within the quarter, so 30% will be received in the following quarter.

First Quarter Cash Sales = 200,000 x 0.40 = 80,000 units x $35 = $2,800,000

First Quarter Credit Sales = 200,000 x 0.60 = 120,000 units x $35 = $4,200,000

Cash collected from credit sales within the quarter = 120,000 x 0.70 x $35 = $2,940,000

Credit sales collected in the following quarter = 120,000 x 0.30 x $35 = $1,260,000

Total Sales for First Quarter = $2,800,000 + $4,200,000 = $7,000,000

Total Cash Collections for First Quarter = $2,800,000 + $2,940,000 = $5,740,000

To learn more about cash :

https://brainly.com/question/24179665

#SPJ11

Trenton is working with a group in his organization that is trying to plan a big event. However, this group is making very little progress. Their meetings are chaotic and unproductive. In addition to adding ground rules like Nala did in the previous scenario, what are three other ways Trenton can improve communication with his team to help them move closer to accomplishing their goals?

Answers

1. Set Clear Goals: Before the team can plan an event, they need to know what the desired outcome is. Trenton should provide the group with a clear set of objectives they need to achieve in order to plan the event successfully.

What is an event?

2. Assign Roles: To ensure everyone is on the same page and working towards the same goal, Trenton should assign roles to each member of the group. This will help keep everyone organized and focused on their tasks.

3. Establish Deadlines: Establishing deadlines for tasks will help ensure the team is making progress and staying on track. These deadlines should be realistic but also set a challenge for the team to meet.

4. Foster Open Communication: Open communication is essential for any team to succeed. Trenton should encourage the team to ask questions and provide feedback to ensure everyone is on the same page. He should also create a safe space for members to share ideas without fear of criticism.

Read more about event

https://brainly.com/question/12961938

#SPJ1

A sports team sells about 100 coupon books for $30 each. They estimate that for each $. 50 decrease in the price, they will sell about 10 more coupon books. How much should they charge for each book in order to maximize the income for their sales?.

Answers

They should charge each book purposely to maximize the income from their sales for option C. $17.50

Why is the charge be that amount?

Variable costs are going to rise to $2.50 per publication because of rising paper prices. One will see that the team has been selling books for 15 dollars. Revenue 2015 acts projects that profit function will have to equal the revenues minus C. The resultant of this is that the profit is rising. To determining a profit of role, we need to look at pre existing income and post-existing income.

Pre existing income is $15

Deficit of $.50

Addition of $2.50 = $17.50

$17.50 x 100 = $1750

initial income = $30 x 90 (minus 10 out of initial 100 coupons of books) = $1350

Do the addition,

$1750 + $1350 = $3100

if it were to be $30 x 100 coupons = $3000

But the addition of new price and the initial income revenue will amount to $3100 bringing about a maximized income.

Therefore, the correct answer is as given above. In order to recover the missing funds and the remaining or available commodity adding such amount i.e. $2.50 which will recover the missing amount.

learn more about income: https://brainly.com/question/25745683

#SPJ1

The complete question goes thus:

A sports team sells about 100 coupon books for $30 each. They estimate that for each $. 50 decrease in the price, they will sell about 10 more coupon books. How much should they charge for each book in order to maximize the income for their sales?

A. $29.50

B. $20.00

C. $17.50

D. $15.00

Please help me with this guysssssss
1. The nominal interest rate is8% and the inflation rate is 6%, what is the real rate of interest?

2. If the real rate of interest is 2%, and the expected rate of inflation is 3% then the nominal rate of interest is:

Answers

Answer:

hmmmmm let me think first sorry for not helping but have a great day sir

Other Questions
Is it hard to teach your self how to drawl? Is it an easy subjunctive to learn? I will give brainliest who ever answer this question:) Thank you! Which of the following lifestyle or behavioral changes is least likely to moderate the effects of primary aging on the body?a. stop smokingb. get sufficient dietary fiber or supplemental calciumc. exercised. attend religious services Please help, i can't afford a B or lower on my test my parents will kill me, please help and i will give you brainliest and points IF you get it right. I A trapezoid has an area of 234.06 square feet. One base is 19.2 feet long. The other base is9 feet long. What is the height? NEED HELP QUICKLY PLEASE Why do you think the Renaissance happened directly after the Middle Ages? A wave travels with speed 204 m/s. Its wave number is 1.2 rad/m. What are each of the following?(a) the wavelengthm(b) the frequencyHz Please help!!!!!!!!! I'll mark brainliest if you give an explanation!!!!Each solar array wing on the International Space Station measures 39 feet by 112 feet. The scale drawing of a solar array wing shown below was made using a scale of 1 inch: 8 feet.Write the ratio of the area of the wing in the drawing (square inches) to the area of an actual solar array wing (square feet) as a unit fraction. The drawing is just a large rectangle with the length being 4.875 and there is noting for the width. It may be the most significant legislation affecting corporate governance, financial disclosure, and public accounting. It is designed to improve the public's confidence in the financial markets by strengthening financial reporting controls and the penalties for noncompliance. The Securities and Exchange Commission (SEC) The Federal Trade Commission (FTC) Sarbanes-Oxley Generally Accepted Accounting Principles (GAAP) Prepare a business plan for an automobile sector 2. The business plan should include all the elements of the business plan, specifically: - Productionmethod - SWOT Analysis 3. Undertake a market analysis of any country for automobile sector. Carbon dioxide is formed by the given formula.C(s)+O2(g)CO2(g)Carbon dioxide isAa compound of two elements, carbon and oxygen.Ba mixture of two compounds, carbon and oxygen.Ca compound of two atoms, carbon and oxygen.Dan element of two atoms, carbon and oxygen. Which of the following statements correctly describes the relationship between the price and quantity demanded of a good or service?-Holding all else constant, as price increases, quantity demanded decreases and as price decreases, quantity demanded increases.-Holding all else constant, as price increases, quantity demanded increases and as price decreases, quantity demanded increases.-Holding all else constant, as price increases, quantity demanded increases and as price decreases, quantity demanded decreases.-Holding all else constant, as price increases, quantity demanded decreases and as price decreases, quantity demanded decreases. the swahili language of eastern africa is spoken by milllions of peoppplemostly as a second language to help communicate business transactions in this regard, swahili would be considered an 3. Find the slope of the line that goes through the points (0,5) and (8,2).* Jason Pawloski is married and claims 2 allowances. How much is withheld from his weekly paycheck of $550 for the last week of December for social security and Medicare taxes? High school Geometry The human genome is about 650 times larger than that of e. Coli. What characteristics of the human genome are responsible for this difference?. How many moles of rbi are required to make 350 ml of a 3. 00m solution? family-based training program improves brain function, cognition, and behavior in lower socioeconomic status preschoolers Bills family is driving across the country on vacation . They plan to stop at historical sites in each state they drive through. The total mileage of the trip is 3,000 miles. They have driven 900 miles so far what percent of driving do they still have left?