Homework Answers
1. f(21) represents 40000 computers sold when price is set as $2100.
Hence, option C
2. A is correct f'(x) represents rate of change of number of computers sold
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This Question: 3 pts 16 of 71 (14 complete) This Quiz: 270 pts possible Let f(x)...
Mission Company has three product lines: D, E, and F. The following information is available: Sales...
Mission Company has three product lines: D, E, and F. The following information is available: Sales revenue $85.000 $44,000 $20,000 Variable expenses $45,000 $21,000 $12,000 $40,000 $23,000 $8,000 $15.000 $12,000 $17,000 Fixed expenses $28,000 Operating income (105) $8,000 $(9.000) Mission Company is thinking of discontinuing product line F because it is reporting an operating loss. All fixed costs are unavoidable. Assume Mission Company is able to increase the sales revenue of product F to $35,000 with no change in volume...
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1) 2) 3) 4) 5) When Isaiah Company has fixed costs of $103,530 and the contribution...
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When Isaiah Company has fixed costs of $103,530 and the contribution margin is $21, the break-even point is Oa. 5,700 units Ob. 12,420 units Oc.9,860 units Od. 4,930 units Variable costs as a percentage of sales for Lemon Inc. are 80%, current sales are $600,000, and fixed costs are $130,000. How much will operating income change if sales increase by $40,000? Oa. $8,000 decrease Ob. $30,000 decrease Oc. $30,000 increase Od. $8,000 increase Zipee Inc....
This Question: 2 pts 35 of 50 (33 complete) This Test: 100 pts possible 3 Question...
This Question: 2 pts 35 of 50 (33 complete) This Test: 100 pts possible 3 Question Help An asset was purchased for $34,000 on January 1, 2019. The asset's estimated useful life was five years, and its residual value was $4,000. The straight-line method of depreciation was used. Calculate the gain or loss if the asset is sold for $19,000 on December 31, 2019, the last day of the accounting period. O A. $9,000 gain OB. $9,000 loss OC. $4,500...
This Question: 2 pts | 21 of 49 (0 complete) ? ? his Test When the...
This Question: 2 pts | 21 of 49 (0 complete) ? ? his Test When the sales price per unit decreases, the breakeven point O A. decreases proportionately OB, increases O C. decreases 0 D. remains the same
na Muusuun 3 pts 21 of 40 (19 complete This Quilt: 100 pts possible O Aug...
na Muusuun 3 pts 21 of 40 (19 complete This Quilt: 100 pts possible O Aug Kennison, Inc. has prepared its third quarter budget and provided the following dat Sep Cash collections 350.000 30,700 47,600 Cash payments: Purchases of direct materials 30,000 22,000 18.000 Operating expenses 12,300 8,700 11.700 Capital expenditures 13 000 0 The cash balance on June 30 is projected to be $4.500. The company has to maintain a minimum cash balance of 5.000 and is authorized to...
The table shows the market for yoga instructors in Louisiana a If Louisiana introduces a strictly...
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This Question: 10 pts 4 of 44 (3 complete) Which of the following statements about financial...
This Question: 10 pts 4 of 44 (3 complete) Which of the following statements about financial ratios is FALSE? O A. When calculating the price - earnings ratio, preferred dividends are subtracted from market price per share. OB. When calculating return on assets, preferred dividends are subtracted from net income. OC. When calculating return on equity, preferred dividends are subtracted from net income OD. When calculating earnings per share, preferred dividends are subtracted from net income.
same question had to scroll down This Question: 2 pts 9 of 21 (1 complete) The...
same question had to scroll down
This Question: 2 pts 9 of 21 (1 complete) The following is summary of information presented on the financial statements of a company on December 31, 2019. Account 2019 2018 Current Assets $67,000 $50,000 Accounts Receivable 81,000 79,000 Merchandise Inventory 51,000 42,000 Current Liabilities 74,000 54,000 Long-term Liabilities 30,000 50,000 Common Stock 55,000 40,000 Retained Earnings 40,000 27,000 Net Sales Revenue $525,000 $507,000 403,000 396,000 Cost of Goods Sold A. a current ratio of...
Mission Company has three product lines: D, E, and F. The following information is available: Sales revenue $85.000 $44,000 $20,000 Variable expenses $45,000 $21,000 $12,000 $40,000 $23,000 $8,000 $15.000 $12,000 $17,000 Fixed expenses $28,000 Operating income (105) $8,000 $(9.000) Mission Company is thinking of discontinuing product line F because it is reporting an operating loss. All fixed costs are unavoidable. Assume Mission Company is able to increase the sales revenue of product F to $35,000 with no change in volume...
This Question: 1 pt 3 of 3 (3 complete) This Quiz: 3 pts possible Gabrielle's Glassworks makes glass flanges for scientific use. Materials cost $3 per flange, and the glass blowers are paid a wage rate of $22 per hour. A glass blower blows 10 flanges per hour. Fixed manufacturing costs for flanges are $22,000 per period. Period (nonmanufacturing) costs associated with flanges are $12,000 per period and are fixed. Read the requirements. Requirement 1. Select the graph that shows...
1)
2)
3)
4)
5)
When Isaiah Company has fixed costs of $103,530 and the contribution margin is $21, the break-even point is Oa. 5,700 units Ob. 12,420 units Oc.9,860 units Od. 4,930 units Variable costs as a percentage of sales for Lemon Inc. are 80%, current sales are $600,000, and fixed costs are $130,000. How much will operating income change if sales increase by $40,000? Oa. $8,000 decrease Ob. $30,000 decrease Oc. $30,000 increase Od. $8,000 increase Zipee Inc....
This Question: 2 pts 35 of 50 (33 complete) This Test: 100 pts possible 3 Question Help An asset was purchased for $34,000 on January 1, 2019. The asset's estimated useful life was five years, and its residual value was $4,000. The straight-line method of depreciation was used. Calculate the gain or loss if the asset is sold for $19,000 on December 31, 2019, the last day of the accounting period. O A. $9,000 gain OB. $9,000 loss OC. $4,500...
This Question: 2 pts | 21 of 49 (0 complete) ? ? his Test When the sales price per unit decreases, the breakeven point O A. decreases proportionately OB, increases O C. decreases 0 D. remains the same
na Muusuun 3 pts 21 of 40 (19 complete This Quilt: 100 pts possible O Aug Kennison, Inc. has prepared its third quarter budget and provided the following dat Sep Cash collections 350.000 30,700 47,600 Cash payments: Purchases of direct materials 30,000 22,000 18.000 Operating expenses 12,300 8,700 11.700 Capital expenditures 13 000 0 The cash balance on June 30 is projected to be $4.500. The company has to maintain a minimum cash balance of 5.000 and is authorized to...
The table shows the market for yoga instructors in Louisiana a If Louisiana introduces a strictly enforced minimum wage for yoga instructors of $13.00 an hour yoga instructors are employed and yoga instructors are unemployed Quantity Quantity demanded supplied (yoga instructors) 600 300 500 350 400 400 300 450 200 500 100 550 Wage rate (dollars per hour) 10.00 11.00 12.00 13 00 14.00 15.00 b. If Louisiana introduces a strictly enforced minimum wage for yoga instructors of $10.00 an...
This Question: 4 pts 5 of 5 (0 complete) This Quiz: 25 pts possible The data below are the average one-way commute times (in minutes) for selected students and the number of absences for those students during the term. Find the equation of the regression line for the given data. What would be the predicted number of absences if the commute time was 40 minutes? Is this a reasonable question? Round the predicted number of absences to the nearest whole...
This Question: 10 pts 4 of 44 (3 complete) Which of the following statements about financial ratios is FALSE? O A. When calculating the price - earnings ratio, preferred dividends are subtracted from market price per share. OB. When calculating return on assets, preferred dividends are subtracted from net income. OC. When calculating return on equity, preferred dividends are subtracted from net income OD. When calculating earnings per share, preferred dividends are subtracted from net income.
same question had to scroll down
This Question: 2 pts 9 of 21 (1 complete) The following is summary of information presented on the financial statements of a company on December 31, 2019. Account 2019 2018 Current Assets $67,000 $50,000 Accounts Receivable 81,000 79,000 Merchandise Inventory 51,000 42,000 Current Liabilities 74,000 54,000 Long-term Liabilities 30,000 50,000 Common Stock 55,000 40,000 Retained Earnings 40,000 27,000 Net Sales Revenue $525,000 $507,000 403,000 396,000 Cost of Goods Sold A. a current ratio of...
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