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olya-2409 [2.1K]

1 year ago

8

Last year the price of corn was $3 a bushel and the quantity of corn demanded was 10 million bushels. this year the price of cor

n was $4.00 a bushel and the quantity demanded was 9 million bushels. is this evidence that the law of demand does not apply to corn?

1 answer:

lara31 [8.8K]1 year ago

8 0

You would have to divide the number of bushels by the price.

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Lay Perfect Pillow Company sells specialty pillows and accessories to customers. Its fiscal year ends on December 31. The follow

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Answer and Explanation:

The preparation of the following statement is

<u>Cash Basis Statement Accrual Basis Statement</u>

<u>Income Statement Income Statement </u>

Revenues Revenues

Cash Sales $500,000 Sales to Customers $750,000

Customer Deposits $70,000

Total $570,000 Total $750,000

Expenses Expenses

Inventory Purchase $90,000 Cost of Sales $485,000

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Total $287,500 Total $688,130

Net Income $282,500 Net Income $61,870

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1 year ago

Faux Trees Company produces artificial Christmas trees. A local shopping mall recently made a special order offer; the shopping

Arlecino [84]

Answer: $‭16,925.9‬0 increase

Explanation:

Company already has the excess capacity to handle this order so the fixed costs will not be included as they would have already been incurred.

Cost of manufacturing the trees would be:

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= ((51.61 + 3.80 + 1.00 + 8.26 for white tree) * 230 trees) + 5,000 for molds

= (64.67 * 230) + 5,000

= $‭19,874.1‬0

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<em></em>

<em>Note: Options might be for a variant of this question. </em>

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2 years ago

The net cash flows of Advantage Leasing for the next 3 years are $42,000, $49,000 and $64,000 respectively, after which the grow

geniusboy [140]

Answer:

The present value of terminal value is $ 863,689.48

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Terminal value=Cash flows at third year*(1+g)/WACC-g

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WACC is 8%

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=$64000*1.02/0.06

=$ 1,088,000.00

The present value of terminal=terminal value*discount factor in year 3

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=$ 863,689.48

6 0

1 year ago

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Naddika [18.5K]

In my guess there would be about 20

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1 year ago

Several factors can contribute to long-term organizational success. one is the establishment of a core ideology that collins and

andrew11 [14]

Original Source Material

Student Version

Merck, in fact, epitomizes the ideological nature--the pragmatic idealism--of highly visionary companies. Our research showed that a fundamental element in the "ticking clock" of a visionary company is a core ideology--core values and a sense of purpose beyond just making money--that guides and inspires people throughout the organization and remains relatively fixed for long periods of time.

References:

Collins, J. C., & Porras, J. I. (2002). Built to last: Successful habits of visionary companies. New York, NY: Harper Paperbacks.

Several factors can contribute to long-term organizational success. One is the establishment of a core ideology that Collins and Porras (2002) describe as "core values and sense of purpose beyond just making money" (p. 48). Also, the importance of a visionary leader that guides and inspires people throughout the organization and remains relatively fixed for long periods of time is hard to over emphasize.

References:

Collins, J. C., & Porras, J. I. (2002). Built to last: Successful habits of visionary companies. New York, NY: Harper Paperbacks.

Which of the following is true for the Student Version above?

Word-for-Word plagiarism

Paraphrasing plagiarism

This is not plagiarism

This is not plagiarism.

Answer: Option 3.

<u>Explanation:</u>

Plagiarism in very simple words is the copying of the content of the document that has been written by some one else in to your own document. During this copying the due acknowledgement is also not given to the document from which it has been taken.

The document that has been talked about in the question above is not an example of plagiarism. The proof for this is the due acknowledgement given to the references from whose document the content has been taken into the document.

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1 year ago