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bixtya [17]
2 years ago
13

Monfett Manufacturing earned operating income last year as shown in the following income

Business
1 answer:
kogti [31]2 years ago
4 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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Trevor always begins the day with a strawberry milkshake (milk (x1 ) and strawberries(x2) mixed in proportion 1:5). His income i
jenyasd209 [6]

Answer:

Check the explanation

Explanation:

Going by the question that the proportion of milk and strawberry for milk shake is 1:5.

If amount of milk is to be X1 that means the quantity of strawberry (X2) will be 5×X1, i.e., X2=5X1... Equation 1

And in addition, the milk and strawberry are complementary consumables as strawberry is of no use without milk and vice versa.

Budget equation will be as follows:

P1×X1+P2×5X1=M.... Equation 2

Given M=200, P1=15 & P2=1

Putting values in Equation 2

15×X1+1×5X1=200

X1=10 & X2=50(from equation 1)

Answer a)

With change in P1 from 15 to 5

Again putting values in Equation 2

5×X1+1×5X1=200

X1=20 & X2=100.

The total change in the demand of milk will increase from 10 units to 20 units.

Answer b)

Strawberry and milk are complementary goods here for that reason there would be no effect on substitution.

Answer c)

Since there will be no effect on substitution, total effect will be equal to income effect.

7 0
2 years ago
. What is Coleman’s cost for up to $300,000 of newly issued common stock, re1? What happens to the cost of equity if Coleman sel
Svetlanka [38]

Explanation:

with only one chain and one pendant per necklace.write an expression that shows how much it will cost ronnie to make s short necklaces and n long necklaces. then find the cost for 3 short necklaces 2 long necklaceswith only one chain and one pendant per necklace.wr ronnie to make s short

7 0
2 years ago
Chenault was a celebrity at American Express and is known for transforming the lives of many of his employees. Based on this per
andrew11 [14]

Answer:

<em>Inspirational Appeal</em>

Explanation:

Inspirational Appeal happens when <em>the traditional transition leader uses motivation mostly in downward fashion to affect maximum performance in a group.</em>

The leader ultimately ties the intended action or result to a set of principles and beliefs which the group honors.This panders to emotions, which are a primary motivating driver.

An instance is when a new leader shares their ambition for future success and not only receives assistance by doing so, but also sparks passion for significant change.

Motivation and inspiration often involves behavior modelling and example setting for someone else to pursue.

3 0
2 years ago
Jorgansen Lighting, Inc., manufactures heavy-duty street lighting systems for municipalities. The company uses variable costing
bogdanovich [222]

Answer:

a.Year 1 = $277,440,   Year 2 =  $280,280,  Year 3 = $272,560

b.i. Inventory Increased in year 4

b.ii $12,500 deferred in inventory

Explanation:

<u>Absorption Costing  Income for Year 1, Year 2, Year 3</u>

<em>Hint: Reconcile the Variable Costing Income to Absorption Costing Income</em>

                                                         Year 1            Year 2         Year 3

Variable Costing Income             $300,000    $269,000     $250,000

Add Closing Inventory                    $90,240      $101,520      $124,080

Less Opening Inventory               ($112,800)     ($90,240)     ($101,520)

Absorption Costing Income         $277,440     $280,280      $272,560

Here we are adding and subtracting the fixed manufacturing overhead in closing and opening inventory.

This is because difference in Variable Costing Income and  Absorption Costing Income lies within fixed manufacturing costs included in inventory.

Inventory Increased in year 4

Inventory deferred in Inventory = $261,600 - $249,100

                                                        = $12,500

4 0
2 years ago
TH Manufacturers expects to generate cash flows of $129,600 for the next two years. At the end of the two years the business wil
arsen [322]

Answer:

Vo  = <u>C1  </u>    +        <u>C2 + V2</u>

        1 + k              (1 + K)2

Vo = <u>$129,600  </u> +   <u>$129,600 + $3,200,000</u>

        1 + 0.14            (1 + 0.14)2

Vo = $113,684.21  + $2,562,019.08

Vo = $2,675,703.29

The correct answer is C

Explanation:  

The current value of the business equals cashflow in year 1 divided by 1 + K plus the aggregate of cashflow and sales value in year 2 divided by 1 + k raised to power 2.

7 0
2 years ago
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