Answer:
5.52%
Explanation:
Cost of Furniture= $150,000
discount= 5.25% (120-day note)
To get the exporter's true effective annual financing cost, we have:
![150,000*[1-(0.0525*120/360)] = 147,375](https://tex.z-dn.net/?f=%20150%2C000%2A%5B1-%280.0525%2A120%2F360%29%5D%20%3D%20147%2C375%20)
=(150,000/147,375) 365/120-1 = 5.52%
Therefore, the exporter's true effective annual financing cost is 5.52%
Answer:
The correct answer is C.
Explanation:
Giving the following information:
Abburi Company's manufacturing overhead is 60% of its total conversion costs. Direct labor is $52,000.
We know that the conversion cost formula is:
Conversion cost= direct labor + manufacturing overhead
We need to use a rule of three:
60% = 52,000
100% = x
x= 1*52,000/0.6= 86,667
Now we can calculate overhead:
86,667= 52,000 + overhead
overhead= 34,667
Answer:
c-chart
Explanation:
Since the newspaper register the number of daily errors, differentiating between different days, the publisher should use a c-chart.
The c-chart is a type of control monitors "count"-type data (number of typographic errors in a paper), it is also useful for counting the number of unconformities on each unit (each day of publishing). Therefore, the c-chart is the most recommended.
Answer:
Explanation:
a) since MR=MC, then 15-2Q=3+Q. So, the monopolist produce Q=4
price P=15-Q=10-4=6
profit=6*3-TC=18-(3+4+0.5*4^2)=3
b)since the P=6=6, domestic production will stay the same. The domestic consumption will stay the same. For Wilknam, it will import soccer balls.
c)yes, it holds that Wiknam will be an importer. Because the price for domestic production is 6 which is same as the world price 6.
d)Since the price within country is the same with price out of country, and also, MC=3+Q=7>6, Wiknam will import soccer balls. The monopolist market will become a competitive market.Even though the price won't change,the product will be of high quality and so on. The market will become more equilibrium.
