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2 years ago

8

A business initially sells their product to customers for $50. They find that many people are buying their product so they rise

the price to $100. Which of the following is a likely response that they will receive from the customers?

1 answer:

pav-90 [236]2 years ago

8 0

Answer: It will reduce in demand

Explanation: If you raise a price customers are less likely to buy it when it’s at a higher price

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"Flo is considering three mutually exclusive options for the additional space she plans to add to her specialty women's store. T

Komok [63]

Answer: Option(b) is the correct option.

Explanation:

According to the question,we are provided with investment value which is $148,000.

Therefore, Net present value (NPV)of Children Clothing will be calculated as :-

$121,000 - $148,000 = - $27,000

Thus, a negative value of NPV of children clothing is obtained which is not an acceptable value option.

Now ,Net present value(NPV) of Exclusive gift is as follows:-

$178,000 - $148,000= $30,000

As the obtained NPV value for exclusive gift option is $30,000 which is a positive value, it can be accepted

Now, calculation of NPV of decorator items is as follows:-

$145,000 - $148,000= - $3,000

Net present value of decorator items is obtained as -$3,000 which is a negative value.Thus, it is not acceptable.

Therefore, the correct option is option(b) because it as positive value of NPV and decorator items and children clothing as negative NPV value which makes them unacceptable .

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2 years ago

checking account A charges a monthly service fee of $23 and a wire transfer fee of $7.50, while checking account B charges a mon

emmainna [20.7K]

Checking account B by one dollar

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2 years ago

Read 2 more answers

Last year a certain bond with a face value of $5,000 yielded 8 percent of its face value in interest. If that interest was appro

Katen [24]

Answer:

bond's selling price is $6154

Explanation:

given data

face value = $5,000

interest = 8 % of face value

rate = 6.5 %

to find out

bond's selling price

solution

we find interest that is

interest = 8 % of face value

interest = 8 % × 5000

interest = 400

so we consider bond selling price is x

so

bond selling equation will be

interest = rate × bond selling price

400 = 0.065 × x

x = 6154

so bond's selling price is $6154

8 0

2 years ago

Hamilton Company uses a periodic inventory system. At the end of the annual accounting period, December 31 of the current year,

Zigmanuir [339]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Inventory, December 31= 1,960 units at $ 6

For the current year:

Purchase, March 21= 6,200 units at $5

Purchase, August 1= 4,020 units at $3

Inventory, December 31, current year 2,980 units

We need to determine the cost of inventory using the following methods:

LIFO (last-in, first-out)

Inventory= 1,960*6 + 1,020*5= $16,860

FIFO (first-in, first-out)

Inventory= 2,980*3= $8,940

Weighted Average:

Average cost= (6 + 5 + 3)/3= 4.67

Inventory= 2,980*4.67= $13,916.6

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2 years ago

Delta diamonds uses a periodic inventory system. the company had five one-carat diamonds available for sale this year: one was p

Murljashka [212]

The cost of goods sold for the year is $500.

Since FIFO method is to be used, the cost of goods sold for the year should be the cost of its first purchase regardless of when the product is actually bought. Thus, the cost of goods sold for the year is $500 ($500 × 1).

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