Suppose the supply and demand equation are given as follow:
Demand: Qd=115-2*p
Supply: Qs=13+3*p
What's the equilibrium price? (Hint: enter your answer in 2 decimal places)
Your Answer:
Answer

Answers

Answer 1

Answer:

$20.40

Explanation:

The supply and the demand equations are given as:

Qd = 115 - 2p

Qs = 13 + 3p

The equilibrium point is when both equations are equal.

So, we have

115 - 2p = 13 + 3p

Collect like terms

3p +2p = 115 - 13

5p = 102

Divide both sides by 5

p = 20.40

Hence, the equilibrium price is $20.40


Related Questions

Mayer Biotechnical, Inc., develops, manufactures, and sells pharmaceuticals. Significant research and development (R&D) expenditures are made for the development of new drugs and the improvement of existing drugs. During 2020, $220 million was spent on R&D. Of this amount, $30 million was spent on the purchase of equipment to be used in a research project involving the development of a new antibiotic.

The controller, Alice Cooper, is considering capitalizing the equipment and depreciating it over the five-year useful life of the equipment at $6 million per year, even though the equipment likely will be used on only one project. The company president has asked Alice to make every effort to increase 2020 earnings because in 2021 the company will be seeking significant new financing from both debt and equity sources. "I guess we might use the equipment in other projects later," Alice wondered to herself.

Assuming that the equipment was purchased at the beginning of 2020, by how much would Alice's treatment of the equipment increase before tax earnings as opposed to expensing the equipment cost?
Discuss the ethical dilemma Alice faces in determining the treatment of the $30 million equipment purchase.

Answers

1. Alice's treatment of the equipment as useful for five years, would increase before-tax earnings by $24,000, as opposed to expensing the equipment cost.

2. The ethical dilemma facing Alice in determining the treatment of the $30 million equipment purchase involves creating a wrong impact in financial reporting.

What are ethical dilemmas in accounting?

Some of the ethical dilemmas in financial accounting include:

Conflict of interestConfidentialityImpacts of financial reporting.

Thus, Alice faces the ethical dilemma of making a wrong impact in financial reporting based on the treatment of the $30 million equipment purchase.

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Beverly Mills has decided to lease a hybrid car to save on gasoline expenses and to do her part to help keep the environment clean. The car she selected is available from only one dealer in the local area, but that dealer has several leasing options to accom-modate a variety of driving patterns. All the leases are for 3 years and require no money at the time of signing the lease. The first option has a monthly cost of $330, a total mileage allowance of 36,000 miles (an average of 12,000 miles per year), and a cost of $0.35 per mile for any miles over 36,000. The following table summarizes each of the three lease
options:
(See photos below)

Beverly Mills has decided to lease a hybrid car to save on gasoline expenses and to do her part to help

Answers

Beverly Mills has three leasing options to choose from. Each of these options differs in terms of the monthly cost, the total mileage allowance, and the cost for any miles over the set mileage allowance. Depending on her driving patterns, Beverly Mills can select the option that suits her the best.

Beverly Mills decided to lease a hybrid car to save on gasoline expenses and to do her part to help keep the environment clean. The car she selected is available from only one dealer in the local area, but that dealer has several leasing options to accommodate a variety of driving patterns.All the leases are for 3 years and require no money at the time of signing the lease.

The three lease options available to Beverly Mills are as follows:

Option 1:Monthly cost: $330Total mileage allowance: 36,000 miles (an average of 12,000 miles per year)Cost for any miles over 36,000: $0.35 per mile

Option 2:Monthly cost: $460Total mileage allowance: 45,000 miles (an average of 15,000 miles per year)Cost for any miles over 45,000: $0.45 per mile

Option 3:Monthly cost: $540Total mileage allowance: 60,000 miles (an average of 20,000 miles per year)Cost for any miles over 60,000: $0.55 per mile

Therefore, Beverly Mills has three leasing options to choose from. Each of these options differs in terms of the monthly cost, the total mileage allowance, and the cost for any miles over the set mileage allowance. Depending on her driving patterns, Beverly Mills can select the option that suits her the best.

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nicholas omgnicholas omgnicholas omgnicholas omg

Answers

Omgggg omgggg omgggg
Omgnicholasomgnicholas

The liabilities of Oriole Company are $117,000 and the owner’s equity is $227,000. What is the amount of Oriole Company’s total assets?

Answers

Answer:

$344,000

Explanation:

Assets, liabilities, and equity combine to form the accounting equation.  their relationship in the accounting equation is as follows,

Assets = Equity + Liabilities

In this case,

Asset =??

Liabilities=$117,000

Equity =$227,000

Therefore,

Assets = $117,000 + $227,000

Assets = $344,000

As an economic concept, scarcity applies
to A) both money and time.
B) money but not time.
C) time but not money.
D) neither time nor money​

Answers

Answer:

A

Explanation:

both the poor and the rich. Scarcity requires that people must. make choices. As an economic concept, scarcity applies to. both money and time.

Time and money are the two most in-demand precious resources. Most people lack one, the other, or both in an excessive amount. Therefore Option (A) is the correct option.

What is scarcity?

Scarcity as an economic principle "refers to the fundamental truth of existence that there exists only a finite number of human and nonhuman resources that the finest technical knowledge is capable of exploiting to produce just a restricted maximum amount of each economic product."

There wouldn't be any economic goods, or comparatively scarce products if the conditions of scarcity didn't exist and "unlimited amounts of every good could be generated or human demands entirely met."

A limited supply of a good or service that may be in demand on the market or by the public is known as scarcity. The inability of an individual to purchase goods is another aspect of scarcity. Scarcity's opposite is abundance.

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in hxh why did gon care so much for kite that he risked his life for him?

Answers

Kite had information bout his father Ging, so Gon found him useful. He was an incredibly important part of the story. However Kite also saved Gon when he eas vary young and he is basically the reason why Gon wanted to become a hunter in the first place.

Explanation:

Because I am a Weeb and Watch HxH

Kite had connections to Ging.

feature of effective organisation goal​

Answers

Answer:

yespy9y8tdurakyeo6dpieufjf

Answer:

specific, measurable, achievable and timely. By setting clear, realistic goals, organizations have a clearer path to achieve success and realize its vision. Goal setting, and attaining them, can also help an organization achieve increased efficiency, productivity and profitability.

2 Sasha is a hotel manager. She has 30 employees and they are
divided into teams working in the following departments: kitchen;
restaurant; hotel reception; housekeeping (room cleaning). Two of
the hotel receptionists have been trained by Sasha in some
aspects of hotel management. A modern hotel has recently
opened two kilometres away. Sasha wants to improve the
motivation of all the employees and is thinking of introducing a
bonus. She thinks it will make the hotel more profitable.
Identify & Explain 2 benefits to thr hotel of having well-motivated employees.

Answers

Answer:

1. Enhanced customer service.

2. Employee retention.

Explanation:

1. Enhanced customer service - motivated employees always take ownership of their job. In hospitality, it is important to provide best quality customer service. Having motivated employees mean employees are ready to serve customers in the best possible way.

2. Employee retention - since a new hotel has just opened up, they will be looking for hiring people locally, to retain her current employees it is important for Sasha to keep her employees motivated.

plants are in threatened state and getting rare. Discuss in the class and prepare a list of causes of rareness of animals and plants. 5.3.1 Rare Animals​

Answers

A group of creatures that are extremely rare, scarce, or infrequently encountered is referred to as a rare species.

Even though extinctions happen naturally, the pace of plant and animal extinctions today is substantially higher than it was previously. The main factor contributing to greater extinction rates is habitat loss.

The introduction of harmful nonnative species, pollution, disease transmission, and habitat changes are some additional causes. Overexploitation of wildlife for commercial gain is another. Species that are in risk of going extinct include those plants and animals that have become so scarce.

Animals and plants that are threatened with extinction across all or a sizable portion of their range are those that are very likely to do so in the near future. The most species are in danger from overuse of natural resources, such as overfishing, overhunting, and deforestation of forests. The extension of land for agriculture, cattle, wood, and aquaculture is another significant industry in the world.

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Hyundai Motors is considering three sites—A, B, and C—at which to locate a factory to build its new-model automobile, the Hyundai Sport C150. The goal is to locate at a minimumcost site, where cost is measured by the annual fixed plus variable costs of production. Hyundai Motors has gathered the following data: ••• 8.18 SITE A B C ANNUALIZED FIXED COST $10,000,000 $20,000,000 $25,000,000 VARIABLE COST PER AUTO PRODUCED $2,500 $2,000 $1,000 The firm knows it will produce between 0 and 60,000 Sport C150s at the new plant each year, but, thus far, that is the extent of its knowledge about production plans. a) For what values of volume, V, of production, if any, is site C a recommended site? b) What volume indicates site A is optimal? c) Over what range of volume is site B optimal? Why?​

Hyundai Motors is considering three sitesA, B, and Cat which to locate a factory to build its new-model

Answers

The volume of production that illustrates that site C is a recommended site is 10000 automobiles.

How to calculate the production?

The total cost of A will be:

= 2500x + 10000000

The total cost for B will be:

= 2000x + 20000000

The total cost for C will be:

= 1000x + 250000

The volume, V, of production, if site C is a recommended site. The value will be:

2500x + 10000000 = 1000x + 25000000

2500x - 1000x = 25000000 - 10000000

1500x = 15000000

x = 15000000/1500

x = 10000 automobiles

The volume indicates site A is optimal is also 10000 automobiles.

In conclusion, sure B would not be attractive at any volume of production as the costs will be higher than the cost of site A.

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TRUE/FALSE. when an unlisted procedure or service code is reported, a special report must accompany the claim to describe of the procedure or service.

Answers

Above statement is correct, when an unlisted procedure or service code is reported, a special report must accompany the claim to describe the nature, extent, and need of the procedure or service.

What are unlisted codes used for?

When claims are submitted for procedures or services and a CPT/HCPCS code is not otherwise specified, unlisted codes are issued. Choose the procedure or service names that correctly identify the completed service in accordance with the AMA's (American Medical Association) CPT Code Set instructions.

How do you bill unlisted procedures?

Choose the CPT or HCPCS code for the service or treatment to be billed that most precisely describes what was done. If such a code is not present, use the relevant unlisted procedure or Not Otherwise Classified (NOC) code to report the service or operation (which often end in 99)

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A company proposes to invest in two divisible projects which are expected to generate the following cash flows.   Cash flows Year Project A Project B
1 10,000 10,000
2 60,000 30,000
Additional information
1.       The cost of capital applicable to both projects is 12%
2.       Project A requires sh. 20,000 and Project B 10,000 initial investment. 3.       The funds available are restricted as follows;
Years Cash available
0 1,000,000
1 800,000
4.       Funds not utilized one year will not be available in the subsequent years. Required;         
i.            Formulate a linear programming model to solve the above problem.        ii.            Solve the problem graphically and comment on the proportion of investing on the two projects.​

Answers

The graphical solution of this linear programming problem will involve plotting the feasible region defined by the constraints and identifying the corner points of the region. The corner point that maximizes the objective function will represent the optimal investment proportions between the two projects.

To formulate a linear programming model for the investment decision between Project A and Project B, we can define the following variables:

Let x be the amount invested in Project A (in thousands of shillings).

Let y be the amount invested in Project B (in thousands of shillings).

The objective is to maximize the total cash flows generated from the investments, which can be represented as: Maximize Z = 10x + 60y + 10x + 30y

Subject to the following constraints:

The total investment should not exceed the available funds:

x + y ≤ 1,000 (in thousands of shillings)

Project A requires an initial investment of 20,000 (in thousands of shillings):

x ≥ 20

Project B requires an initial investment of 10,000 (in thousands of shillings):

y ≥ 10

The funds available in each year should be utilized:

x + y ≤ 800 (for year 1)

The graphical solution of this linear programming problem will involve plotting the feasible region defined by the constraints and identifying the corner points of the region. The corner point that maximizes the objective function will represent the optimal investment proportions between the two projects.

Based on the graphical solution, the proportion of investing in the two projects will depend on the intersection of the feasible region and the objective function. The specific proportion will vary depending on the values and slopes of the constraints and objective function.

It is important to note that the actual graphical solution and interpretation of the proportion will require the specific values and plot of the feasible region and objective function.

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A survey found that 76% of men preferred darker jeans. if 500 men were sureveyed, how many answered that they preferred darker jeans

Answers

Answer: 380 men preferred darker jeans

Explanation:

76% of 500 is 380

10. You recently sold 200 shares of Apple stock to your brother. The transfer was made through a broker, and the trade occurred on the NYSE. This is an example of:

Answers

Answer:

A secondary market transaction

Explanation:

Secondary market transaction: In this transaction, the transaction which is already issued to the public are sold by another investors.

In this type market, the investors buy and sell securities which are theirs . It is what most people typically think of as the "stock market," though stocks are also sold on the primary market when they are first issued.

So in the question, the transfer was made through a broker which implies it deals in the secondary market.

Primary market transaction: In this transaction, the company directly sells the new stocks, bonds, etc to the public for the first time.

Future market transaction: This is the transaction which occurs in the near future to buy some specific quantities at the future price.

1. Farokh Motorwala is the CTO at D’Costa Cosmetics in Hyderabad, Farokh wants to
revamp the firm's IT Infrastructure and align it to the Corporate Strategy.
In order to do this, what are the Technical and Business Considerations for Farokh? What
are the Laws of IT Infra which Farokh must keep in mind?

Answers

Because technology organizations confront major IT risks related to data acquisition concerns, storage architecture, and data analytics, IT infrastructure must be properly aligned with strategy.

What is Infrastructure?

Infrastructure is described as a company's, region's, or nation's basic physical systems, and it frequently involves the creation of public goods or manufacturing operations.

Farrokh's IT infrastructure will handle the following to align with business strategy: Create a focused plan for the firm's overall orientation toward employee empowerment, steadiness, or downsizing.

As the risk of substitution is always there, a full portfolio examination of the sectors or marketplace in which the firms operate through its goods and business operations is usually suggested.

Therefore, it can be concluded that IT infrastructure must be appropriately linked with strategy since technology firms face considerable IT risks related to data acquisition problems, storage design, and data analytics.

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Define Entrepreneurial Finance (EF), mention and differentiate different forms of EF based on investment strategies.

Answers

The financial decisiοns and actiοns that entrepreneurs take when launching οr managing a firm are referred tο as entrepreneurial finance (EF). This cοvers everything frοm οbtaining startup financing and cοntrοlling financial flοw tο selecting investments and fοrmulating develοpment plans.

What are the seven principles οf entrepreneurial finance?

Cash flοw management, incremental risk and reward, time value οf mοney, incremental cash flοws, the οppοrtunity cοst οf capital, risk management, cοntingency planning, and cοntingency planning are essential fοr successful entrepreneurial finance.

What are the stages in entrepreneurial finance?

The entrepreneur raises mοney tο develοp an idea, hire key persοnnel, and cοnduct market research. At the early stage, the entrepreneur has a business plan and prοtοtype οr prοοf οf cοncept. At the grοwth stage, funds are raised tο scale the business, expand intο new markets, and hire additiοnal persοnnel. At the mezzanine stage, the business is preparing fοr an IPO οr acquisitiοn. At the exit stage, the funds are used tο reward investοrs and entrepreneurs.

Based οn the investment tactics used, there are many types οf entrepreneurial finance. Here are the tοp three. Bοοtstrap Financing is a self-funded fοrm οf entrepreneurial finance where entrepreneurs use their οwn savings, persοnal credit cards, and/οr small lοans frοm friends and family tο get their business οff the grοund.

Angel Investing is a high-net wοrth individual whο prοvides funding tο early-stage startups in exchange fοr equity οwnership. Venture Capital is a type οf financing that is best suited fοr startups that have prοven their prοduct οr service and are ready tο scale up.

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Which answer choice is not one of the top 10 abusive lending practices?
a credit cards
b. high fees
C. bait & switch
d. balloon loan

Answers

Answer:

it's A

Explanation:

 

credit cards

The practise of applying unfair, dishonest, or abusive loan terms to customers is known as predatory lending.  Hence option A is correct .

What is predatory lending ?

These loans frequently come with excessive fees and interest rates, drain the borrower's equity, or place a creditworthy borrower in a loan with a worse credit rating (and higher cost), all to the lender's advantage.

Predatory lenders frequently employ pushy sales techniques and prey on the borrowers' ignorance of financial transactions. They lure, encourage, and help a borrower take out a loan they will not reasonably be able to repay through deceptive or dishonest conduct and a lack of transparency.

Any dishonest actions taken by lenders to persuade, induce, deceive, or aid borrowers into taking out loans they are unable to responsibly repay or must pay back are considered predatory lending back at a price that is significantly more than the going rate. Predatory lenders prey on the situation or ignorance of borrowers.

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What are the challenges planner and mangers do not face in decision making?

Answers

Answer:

Management has its share of perks and rewards. Managers are usually in a better position to influence and lead change. In most organizations, being a manager means a better compensation package and not having to sit in a cubicle. Most importantly, there’s nothing like the satisfaction of helping an individual or team reach their goals and perform at their best. Read more

Explanation:

Make-or-Buy Decision
Somerset Computer Company has been purchasing carrying cases for its portable computers at a purchase price of $59 per unit. The company, which is currently
operating below full capacity, charges factory overhead to production at the rate of 43% of direct labor cost. The unit costs to produce comparable carrying cases are
expected to be as follows:
Direct materials
Direct labor
Factory overhead (43% of direct labor)
Total cost per unit
If Somerset Computer Company manufactures the carrying cases, fixed factory overhead costs will not increase and variable factory overhead costs associated with the
cases are expected to be 13% of the direct labor costs.
a. Prepare a differential analysis dated April 30 to determine whether the company should make (Alternative 1) or buy (Alternative 2) the carrying case. If required,
round your answers to two decimal places. If an amount is zero, enter "0".
Differential Analysis
Make Carrying Case (Alt. 1) or Buy Carrying Case (Alt. 2)
April 30
Unit costs:
$25
16
6.88
$47.88
Purchase price
Direct materials
Direct labor
Variable factory overhead
Fixed factory overhead
Buy
Make
Carrying
Carrying
Case
Case
(Alternative 1) (Alternative 2)
0000
100000
Differential
Effects
(Alternative 2)

Answers

Make-or-Buy Decision Making the Carrying cases would Be advised, assuming there were no better alternatives for using the extra capacity. Fixed overhead has no Impact on this choice of net income.

Alternative 1:

A. Create a carry case. $41.00

Alternative 2:

Obtain a carrying case $44.00

Alternative 2:

Various effects on net income ($3.00)

Make-or-Buy Decision:

A. Building a Differential Analysis

Differential analysis

Create a carry case. Obtain a carrying case

Alternative 1 & Alternative 2

Alternative 1 Alternative 2 Various effects on net income (Alternative 2)

Sales price

$0.00 $0.00 $0.00

Purchase Price

$0.00 $40.00 ($40.00)

Direct materials

$16.00 $0.00 $16.00

Direct labor

$20.00 $0.00 $20.00

varying manufacturing costs (20*5%=$1.00)

$1.00 $0.00 $1.00

Fixed manufacturing ($5.00-$1.00) $4.00 $4.00 $0.00

Income(Loss)

$41.00 $44.00 ($3.00)

The Company should select Alternative 1, a carrying case, based on net income the aforementioned computation.

The amount earned by an individual or business after costs, allowances, and taxes is referred to as net income.

Therefore, it would Be advised to construct the Carrying cases if there were no better alternative applications for the extra capacity. fixed overhead has No impact on this choice.

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Outline the main principles for the consolidation of financial statements. Illustrate your discussion with the use of examples.



Answers

The main principles for the consolidation of financial statements are:

Combine like items of assets, liabilities, equity, income, expenses and cash flows of the parent with those of its subsidiaries;Offset (eliminate): The carrying amount of the parent's investment in each subsidiary; and - The parent's portion of equity of each subsidiary;Eliminate in full intragroup assets and liabilities, equity, income, expenses and cash flows relating to transactions between entities of the group.

What should we know about Consolidated Financial Statements?

In general, financial statement consolidation necessitates a company integrating and combining all of its financial accounting functions in order to produce consolidated financial statements that show results in standard balance sheet, income statement, and cash flow statement reporting.

The decision to file consolidated financial statements with subsidiaries is usually made on a year-to-year basis and is frequently motivated by tax or other benefits. The criteria for filing a consolidated financial statement with subsidiaries are primarily based on the parent company's ownership of the subsidiary.

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How can the habit Begin With the End in Mind keep you motivated when you are feeling overwhelmed?​

Answers

When you begin with the end in mind you gain clarity, which will naturally help you become more efficient. You'll be able to plan and strategize for the best route to your goals.

A person's gain clarity when they start with the end in mind, which will inevitably make you more productive. Planning and strategizing for the best path to your objectives will be possible.

What is planning?

Planning is the pre deciding of the things that need to be done in future. Planning plays a significant role in the human career.

If there is right direction or planning, then they can achieve the things in the shorter span of time, as compared to the person who does not have any planning.

Thus, A person's gain clarity when they start with the end in mind

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QUESTION ONE
RECOVERY, a family-owned business, manufactures its single product and sells it at K16 per unit.
The business, which currently has a monthly production capacity of 19 000 units, has orders for, and plans to sell 18 000 units in the next month.
The following information is available:
i. Monthly costs for 16 000 units are estimated at K136 000
ii. Monthly costs for 18 000 units are estimated at K148 000
iii. The company only manufactures that which has been ordered and keeps no inventory.

REQUIRED:
(A) Calculate the Variable cost per unit (2 Marks)
(B) Calculate, showing your workings, the estimated Fixed Cost (2 Marks)
(C) For the planned sales of 18000 units, draw a graphical presentation of the following cost lines in Kwacha against the number of Units. (all lines must be in the same graphical presentation) (6 marks)
i. Fixed Cost
ii. Variable Cost
iii. Total Cost
(D) Calculate the Contribution sales ratio (2 Marks)
(E) Calculate the Break-even revenue (3 Marks)
(F) Calculate the Net profit for the planned sales of 18 000 units (5 Marks)

Answers

A. The variable cost per unit is K6.

B. The fixed cost is K40,000 (K136,000 - K96,000)

C. i) The fixed cost of K40,000 will have 2,500 units (K40,000/K16).

ii) Variable cost of K108,000 will have 6,750 units (K108,000/K16).

iii) Total Cost of K148,000 will have 9,250 units (K148,000/K16).

D. The contribution sales ratio = 0.625 (K10/K16)

E. Break-even revenue = Total variable costs + Total fixed costs

= K64,000 (K40,000/0.625)

F. The net profit for the planned sales of 18,000 units is K140,000 (K288,000 - K108,000 - K40,000).

What is break-even analysis?

Break-even analysis is the determination of the units or quantities at which a good or service will be produced so that the company can cover its costs without any loss.

Thus, break-even analysis evaluates the unit at which the company will not incur any loss or sustain a profit.  At the break-even point, the revenue equals the costs.

Data and Calculations:

Selling price per unit = K16

Monthly Production Capacity = 19,000 units

Planned sales = 18,000 units

                                  Production Capacities    Differences

Planned production      16,000        18,000            2,000

Monthly costs           K136,000    K148,000        K12,000

Total variable costs   K96,000   K108,000

Fixed costs                 K40,000    K40,000 (K148,000 - K108,000)

Using the high-low method of cost determination, the Variable cost per unit = K6 (K12,000/2,000).

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The topic sentence in each step of a process analysis should identify?

Answers

The topic sentence in each step of a process analysis should identify the reason for doing the step. The correct option is C.

What is the main function of a process analysis essay?

A process analysis essay explains how to carry out a task or how a process operates. The steps for writing a process analysis essay are the same regardless of the situation. The procedure is broken down into distinct, definite steps. A step-by-step process is used in almost everything writers do.

Product analysis is carried out as part of the Define Scope process to produce a comprehensive scope at the end. The goals and description of the product as stated by the client or sponsor are examined during the product analysis process. It is anticipated that analysis will lead to concrete project deliverables.

Thus, the ideal selection is option C.

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Your Question seems incomplete, most probably your complete question was:

The topic sentence in each step of a process analysis should identify:

a

the outcome of the step

b

the final product

c

the reason for doing the step

d

pitfalls of the step

Precision Systems manufactures CD burners and currently sells 18,500 units annually to producers of laptop computers. Jay Wilson, president of the company, anticipates a 15 percent increase in the cost per unit of direct labor on January 1 of next year. He expects all other costs and expenses to remain unchanged. Wilson has asked you to assist him in developing the information he needs to formulate a reasonable product strategy for next year.
You are satisfied that volume is the primary factor affecting costs and expenses and have separated the semivariable costs into their fixed and variable segments. Beginning and ending inventories remain at a level of 1,000 units. Current plant capacity is 20,000 units. The following are the current-year data assembled for your analysis.
Sales price per unit $100
Variable costs per unit:
Direct materials $10
Direct labor $20
Manufacturing overhead and selling and administrative expenses 30 60
Contribution margin per unit (40%) $40
Fixed costs $390,000
Required:
a. What increase in the selling price is necessary to cover the 15 percent increase in direct labor cost and still maintain the current contribution margin ratio of 40 percent?
b. How many units must be sold to maintain the current operating income of $350,000 if the sales price remains at $100 and the 15 percent wage increase goes into effect?
c. Wilson believes that an additional $700,000 of machinery (to be depreciated at 20 percent annually) will increase present capacity (20,000 units) by 25 percent. If all units produced can be sold at the present price of $100 per unit and the wage increase goes into effect, how would the estimated operating income before capacity is increased compare with the estimated operating income after capacity is increased? Prepare schedules of estimated operating income at full capacity before and after the expansion.

Answers

a. An increase of $20 per unit is necessary to cover the 15 percent increase in direct labor cost and maintain the desired contribution margin ratio.

b.The fixed costs and desired operating income remain the same, so the contribution margin per unit of $40 is used. The required sales volume is 18,500 units.

c. The estimated operating income after capacity expansion can be determined by increasing the production and sales volume by 25 percent, i.e., 23,125 units

a. To maintain the current contribution margin ratio of 40 percent, the selling price per unit needs to be increased by 20 percent [(15 percent wage increase) / (current contribution margin ratio)].

Therefore, an increase of $20 per unit is necessary to cover the 15 percent increase in direct labor cost and maintain the desired contribution margin ratio.

b. To maintain the current operating income of $350,000, the number of units that must be sold can be calculated using the contribution margin ratio.

The fixed costs and desired operating income remain the same, so the contribution margin per unit of $40 is used. The formula for calculating the required sales volume is:

(Number of units) = (Fixed costs + Desired operating income) / Contribution margin per unit

Plugging in the values, we have:

(Number of units) = ($390,000 + $350,000) / $40 = 18,500 units

c. Before the capacity expansion, the estimated operating income can be calculated using the current production and sales volume of 18,500 units.

The estimated operating income after capacity expansion can be determined by increasing the production and sales volume by 25 percent, i.e., 23,125 units.

The schedules of estimated operating income at full capacity before and after the expansion can be prepared by multiplying the respective sales volumes with the contribution margin per unit and subtracting the fixed costs and the wage increase.

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How are payday lenders different from a bank or credit union?

A. Payday lenders usually offer loans at a much lower rate than
banks and credit unions.
B. Payday lenders usually don't require collateral, unlike banks and
credit unions.
C. Payday lenders often offer loans to people who are unable to get a
loan from a bank or credit union.
D. Payday lenders often offer loans for a longer term than banks or
credit unions.

Answers

The difference between payday lenders and a bank or credit union is B. Payday lenders usually don't require collateral, unlike banks and credit unions.

What is payday lending?

Payday lending is a type of short-term borrowing where a borrower receives a high-interest credit based on personal income.

The characteristics of payday lending include:

Small-term loansSmall amounts of money are involvedAvailable at short noticeInterest rates are high.

Thus, the difference between payday lenders and a bank or credit union is B. Payday lenders usually don't require collateral, unlike banks and credit unions.

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Answer: the answer is C (PAYDAY LENDERS OFTEN OFFER LOANS TO PEOPLE WHO ARE UNABLE TO GET A LOAN FROM A BANK OR CREDIT UNION!!!)

Explanation: I just took the test!

1- The Net Operating Profit after Taxes (NOPAT) using the bottom-up method is provided by:
a. operating income minus tax benefit minus taxes as reported
b. operating income plus tax benefit minus taxes as reported
c. net income plus net financial expenses minus tax benefit

Answers

The bottom-up method yields the Net Operating Profit after Taxes (NOPAT) as follows: a. the reported operating income minus the tax benefit minus the taxes .

What Is the Net Operating Profit After Tax?

A financial metric known as net operating profit after taxes (NOPAT) depicts a company's core operations, net of taxes, performance. NOPAT is a more accurate measurement of operating efficiency for leveraged businesses and is frequently used in economic value added (EVA) calculations. The tax savings that numerous businesses obtain as a result of existing debt are not included in NOPAT. A company's potential cash earnings if its capitalization were unleveraged, or devoid of debt, are referred to as its net operating profit after taxes (NOPAT). There are no one-time expenses or losses included in the figure; These do not accurately reflect an organization's profitability. Even though they may have an impact on the company's bottom line that year, charges arising from a merger or acquisition may not always provide an accurate picture of the business's operations.

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what are the challenges associated with not being ‘tech savvy’ in 2023?

Answers

As the world keeps advancing technologically, being tech-savvy becomes increasingly important. However, not being tech-savvy in 2023 may pose a lot of challenges. Some of these challenges are :Job Market, Learning,Communication,Security.

Job Market: In 2023, there will be more tech-based jobs than there currently are. Being not tech-savvy would make it difficult for an individual to secure employment in such sectors. This means that those who are not tech-savvy would be limited to jobs that require no technical skills.Learning: Due to the increased importance of technology, those who are not tech-savvy would find it challenging to learn new things. This means that they would be unable to benefit from new technology, apps, and software that are released in the market. They may also face difficulties while navigating technology-based environments.Communication: In 2023, communication will be more technology-driven than ever before. Those who are not tech-savvy may find it challenging to communicate with others effectively. This may lead to miscommunication and misunderstandings which could impact personal and professional relationships.Security: Cybersecurity is a significant concern in today's world. Not being tech-savvy could make it difficult for an individual to secure their information, devices, and accounts. This could lead to loss of data, identity theft, and other forms of cybercrime.

In conclusion, being tech-savvy in 2023 is essential to success, as the world will be driven by technology. Those who do not embrace technology may find themselves limited in terms of employment opportunities, communication, and personal security.

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The Management of “TanjungUdaBerhad” is planning a RM4,000,000 expansion this year. The expansion can be financed by issuing either common shares of bonds. The new common share can be sold for RM$5 per share. The bonds can be issued with a 12% coupon rates. The firm’s existing preference share pay dividends of RM$2 per share. The company’s corporate income tax is 30%. The financial statement of TanjungUdaBerhad is as follow:-
TanjungUdaBerhad
Balance Sheet as at 31st December 2021

Current Assets RM$ 2,000,000
Fixed Assets RM$ 8,000,000
RM$ 10,000,000

Current Liabilities RM$ 1,500,000
Bonds:
(8.5%, RM1,000 par value) RM$ 4,000,000
(9%, RM1,000 par Value) RM$ 1,000,000

Preference Shares
(RM$ 100 par value) RM$ 500,000

Ordinary Shares
(RM$ 2 par value) RM$ 2,400,000
Retained Earnings RM$ 600,000
RM$ 10,000,000
Required:
a) Calculate the indifference level of EBIT between the two Plans.
b) If EBIT is Expected to be RM1,500,000 which plan will result in ahigh EPS?

Answers

Based on the price of the bonds to be issued, and the selling price of the shares, the indifference level of EBIT between the plans is $1,142,857.

Between issuing shares and issuing bonds, the one with the higher EPS will be Issuing Bonds with EPS of 0.59

What is the indifference level?

First find the number of shares if the plan is to issue shares:

= Current number of shares + New shares

= (2,400,000 value / Price per share) + (4,000,000 / $5 Price per new share)

= 2,000,000 shares

The interest if bonds are picked is:

= 12% coupon x Bond value

= 12% x 4,000,000

= $480,000

Assuming the indifference level is denoted as L, the indifference level is:

(L x ( 1 - tax rate) - Preference share dividends) / Outstanding shares if new shares are issued = ( (L - Interest) x (1 - tax rate) - Preference dividends) / Outstanding shares if bonds issued

(L x ( 1 - 30%) - 10,000) / 2,000,000 = ( ( L - 480,000) x ( 1 - 30%) ) / 1,200,000

L = $1,142,857

Which plan gives the higher EPS?

Issuing bonds:

= ( ( 1,500,000 - 480,000) x ( 1 - 30%) ) / 1,200,000

= 0.59

Issuing shares:

(1,500,000 x ( 1 - 30%) - 10,000) / 2,000,000

= 0.52

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Which one of the following is one way to think about management?Noreen likes it when her boss recognizes that she met the deadline and tried her best, even if what she gave him was not exactly what he was expecting. Noreen is motivated by

Answers

In the example provided, Noreen is motivated by a desire for achievement since she enjoys it when her employer acknowledges that she met the deadline.

The ability to strive for the highest level of performance is known as achievement motivation. The individual is driven by success and thrives on compliments regarding their work. The fact that someone who is driven by achievement is more likely to take jobs that are neither too demanding nor too simple should be emphasized. A person who has the ability to be driven by success fears failing in certain situations. It is thought that a student is academically accomplishment oriented if they turn in assignments on time and appreciate getting feedback.

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Complete Question:

Noreen likes it when her boss recognizes that she met the deadline and tried her best, even if what she gave him was not exactly what he was expecting. Noreen is motivated by fill in the blanks.

WHich of the following is not a type of skill needed by effective leaders?

Answers

Answer:

WHich of the following is not a type of skill needed by effective leaders?

Answer. power hankering skil

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