Answer:
Each handbag must cost: $50
Explanation:
Goods
:
Bathing suits – Price = $75
Beach bags – Price = ?
At the optimal choice (means equilibrium condition)
,
Marginal utility of last bathing suit purchased = 300
Marginal utility of last beach bag purchased = 200
Our equilibrium condition is marginal utility of money expenditure of both the goods must be equal.
MU of Bathing suits ÷ Price of Bathing suits = MU of Beach bags ÷ Price of Beach bags
300 ÷ $75 = 200 ÷ Price of Beach bags
4 = 200 ÷ Price of Beach bags
Price of Beach bags = 200 ÷4
= $50
Each handbag must cost: $50
The free cash flow can be calculated as below:
Revenue 12000000
Less: Expense (8000000)
Less: Depreciation (1500000)
Earnings Before Tax 2500000
Less Tax (750000)
Earnings after tax 1750000
Add Depreciation 1500000
Total Cash Earnings 3250000
Less: Change in Working Capital (500000)
Less : Purchase of Asset (700000)
Free Cash Flow 2050000
Thus Free Cash Flow can be calculated as above.
Answer:
$183,000
Explanation:
The computation of the cost of goods sold using the FIFO method is shown below:
= Number of units purchased × per unit + additional units purchased × per unit
= 15,000 units × $10 + 3,000 units × $11
= $150,000 + $33,000
= $183,000
Since there are 18,000 units are sold
out of which 15,000 are at $10 and the remaining 3,000 units are at $11 and the same is to be considered
Answer:
Since this whole sales agreement is about a car, then it falls under the statute of frauds. Any sales contract or offer for any amount of $500 or more needs to be signed. We are not told the final price of the car, but if we consider that only the discount was $500, then we can assume that the price of the car was higher than that. Since the note was not signed, then the promise is not valid.
Answer:
The correct answer is letter "B": The customer is likely to reject delivery of the asset.
Explanation:
In the corporate world, contract performance obligations are those established by two parties one to manufacture or render and deliver goods or services and the other to receive them. That contract can be signed in front of sales, resales, granting rights or constructing or developing an asset.
<em>Facts such as the right to payment for the goods, the client's risk of ownership of the title and the goods themselves can determine if the performance obligations are met or not but the possibility that represents the customer could reject the delivery of the product will not.</em>
