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frez [133]
2 years ago
9

Say that equilibrium price remained constant and quantity rose. what would you say was the most likely cause?

Business
1 answer:
vladimir1956 [14]2 years ago
3 0
The quantity rose was mostly likely cause
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Tom is responsible for ordering hardware for a custom home his company is building. The contractor installing the hardware is sc
ICE Princess25 [194]

Answer:

Free slack.

Explanation:

In project management, free slack refers to the amount of time that a certain task can be delayed and not affect the completion time of the general project. Slack time can be considered "just in case" time, because even though delays should be minimized, rarely you can eliminate them completely, and slack time gives you a little extra room for managing projects.

In this case, the free slack time is 10 days, and this delay will consume 9 of them.

3 0
2 years ago
CHEGG At the beginning of Year 2, the Redd Company had the following balances in its accounts: Cash $ 6,900 Inventory 15,000 Lan
Maru [420]

Answer:

a) I used an excel spreadsheet to record the T-accounts

the closing entries would be:

Dr Sales revenue 12,100

Dr Purchase discounts 48

Dr Interest revenue 600

Dr Gain on sale of land 1,500

    Cr Income summary 14,248

Dr Income summary 8,512

    Cr Cost of goods sold 6,450

    Cr Sales returns 1,680

    Cr Sales discounts 242

    Cr Distribution costs 140

Dr Income summary 5,736

    Cr Retained earnings 5,736

b) Redd Company

Income Statement

For the year ended December 31, Year 2

Revenues:

  • Sales revenues $12,100
  • Sales returns ($1,680)
  • Sales discounts ($242)                         $10,178

Cost of goods sold                                       <u>($6,450)</u>

Gross profit                                                     $3,728

Expenses:

  • Distribution costs ($140)                          <u>($140)</u>

Operating income                                          $3,588

Other sources of income:

  • Gain on sale of land $1,500
  • Interest revenue $600                          <u>$2,100</u>

Net income before taxes                               $5,688

Explanation:

                                     

Download pdf
5 0
2 years ago
You have a portfolio that is invested 11 percent in Stock R, 56 percent in Stock S, and the remainder in Stock T. The beta of St
Kruka [31]

Answer:

The beta of stock T is 1.82

Explanation:

The portfolio beta is made up of the weighted average of the individual stock betas in the portfolio.

The formula for portfolio beta is,

Portfolio beta = wA * beta of A + wB * beta of B + ... + wX * beta of X

The weight of stock T in the portfolio is = 1 - (0.11 + 0.56)   = 0.33 or 33%

Let beta of Stock T be x. The beta of Stock T is:

1.47 = 0.11 * 0.84  +  0.56 * 1.39  +  0.33 * x

1.47 = 0.0924 + 0.7784 + 0.33x

1.47 - 0.0924 - 0.7784 = 0.33x

0.5992 / 0.33 = x

x = 1.815 rounded off to 1.82

3 0
2 years ago
Read 2 more answers
The policy makers of Country LT have noticed a steady increase in grain prices over the last several years. The increase in pric
larisa [96]

If I were a policy maker in Country LT, I would create a regulatory policy that allowed the grain producer to make as much in profit as possible, but still protect consumer needs. The company would be required to create various smaller companies, each selling different types and quality of grain for varying prices. This would preserve the ideals of free enterprise, encourage competition within the market, and help to keep food costs down for consumers.

5 0
1 year ago
Read 2 more answers
A borrower has applied for a refinance on her property valued at $235,000. She currently has a HELOC with a $47,000 limit and cu
gladu [14]

Answer:

c. 70% / 81% / 90%

Explanation:

Loan to Value ratio LTV is the ratio of borrowers principal loan balance to the appraisal value of the property. Combined Loan to Value Ratio CLTV is the ratio which considers the sum of all the loan taken on the property. High loan to Value ratio is the one which loan is exceeding by the value of borrowers home.

8 0
2 years ago
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