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Gennadij [26K]
2 years ago
13

A publisher faces the following demand schedule for the next novel from one of its popular authors:

Business
1 answer:
enyata [817]2 years ago
4 0

Answer and Explanation:

The completion of the second, fourth, and fifth columns of the given table is to be shown in the attachment below:

As we know that

Profit = Total revenue - total cost

Total revenue is the revenue earned by the company by multiplying the price with the quantity demanded

While the total cost is

= Fixed cost + variable cost

The marginal revenue comes from

= Change in total revenue ÷ change in quantity

We simply use these formulas in the spreadsheet below.

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A landlord entered into a 10-year lease of a building with an auctioneer, who planned to use the building itself for a storage a
ArbitrLikvidat [17]

Answer:

$2,000

Explanation:

Usually, the landlord is required to notify the tenant if he/she plans to sell the property, but regardless of who owns the property (the original landlord or  a new landlord), the contract terms are valid and must be honored by both the current landlord and the tenant.

The new owner immediately became the new landlord and he/she assumed all the responsibilities stated in the lease contract. Since the lease contract stated that the "lessor (landlord) agreed to maintain all structures on the property in good repair", the new landlord must pay for any necessary repairs.  

8 0
2 years ago
On November 1, 2017, Kalen Corporation’s stockholders’ equity section is as follows: Common stock, $10 par value $600,000 Paid-i
kvasek [131]

Answer:

The Answer is given below

Explanation:

a. Common Stock $600,000

b. Paid in capital  in excess of par value  $180,000

c. Retained Earnings= ($200,000-($600,000*15%))=$110,000

d. Total Stockholders' Equity= $180,000+$600,000+$110,000=$890,000

Please note that dividend is paid on par value which is $10*15%=1.5 per share.

Total shares*dividend per share=total dividend paid

1.5*($600,000/10)=$90,000

or $600,000*15%=$90,000

Therefore dividend of $90,000 is deducted from retained earnings

7 0
2 years ago
Read 2 more answers
A​ check-processing center uses exponential smoothing to forecast the number of incoming checks each month. The number of checks
Liula [17]

Answer:

a. 41.6 million

b. 42.28 million

Explanation:

A) GIven

forecast in june = Sjune = 42 million

Checks recived in june = Xjune = 40 million

Smoothing constant = a = 0.2

So for july

Sjuly = a*Xjune + (1-a)*Sjune

=0.2*40 + (1-0.2)*42 million

=8+33.6 = 41.6 million

B) forecast in july = Sjuly = 41.6 million

Checks recived in july = Xjuly = 45 million

Smoothing constant = a = 0.2

So for August

Saugust = a*Xjuly + (1-a)*Sjuly

=0.2*45 + (1-0.2)*41.6 million

=9+33.28 = 42.28 million

<em>Note: This uses an exponential smoothing to forecast the results, but from the number of checks recived we see that it increases linearly. So we need a linear forecasting method .</em>

5 0
2 years ago
Briefly describe the​ trade-offs involved in the following decision.​ Specifically, what are the opportunity costs associated wi
vekshin1

Answer:

D. All of the above.

Explanation:

In economics, opportunity cost is the alternative forgone. For example, if two goods X and Y with prices $2 and $3 respectively are compared and an individual chooses to buy X instead of Y, the opportunity cost is the good Y itself that is forgone and not $3 which the price of Y.

Opportunity cost can also be seen as benefits an individual forgo in order to choose an alternative over another.

Therefore, individual pair comparison of each of the following statements opportunity cost to Frank's decision to reduce his weight:

A. His opportunity cost is the alternative uses of time spent exercising.

B. His opportunity cost is the forgone satisfaction of consuming foods that are not part of his diet plan.

C. Assuming exercise is not leisure comma he trades consumption of current leisure for future health.

I wish you the best.

4 0
2 years ago
Hamlet College recently purchased new computing equipment for its library. The following information refers to the purchase and
Crank

Answer:

The amount paid or payable to bring an asset at present location and working condition should be capitalized.

Explanation:

From the given question, it was asked to explain  one sentence, in making  general statement to outline the features of expenditures that qualify for addition in plant assets cost, like computing equipment.

So, the amount payable to get an asset at a current location and in a good working condition should be taken advantage on or capitalized

5 0
2 years ago
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