The calculated return on investment stands at 10%. Given the stock purchased for $80 grew to four times that value over 15 years, the return was formulated using the growth rate calculation components leading to a clear estimate.
The journal entries to be recorded are as follows: For Stefan Ceramics, the first entry to recognize the purchase of 720 kgs of tungsten carbide at $280 per kg, totaling 291,600 would involve debiting Merchandise Inventory and crediting Accounts Payable/Cash for 291,600. The second entry documents the use of 720 kgs of tungsten carbide, transferring the full amount used to Work in Process, with the corresponding credit to Merchandise Inventory, also for 291,600.
The total unique names equal 8,200.
You start by emailing a list of 5000 names, then a second list of 3900 names, resulting in 8900 total. Subtracting the 700 duplicates common to both lists gives a final count of 8,200 unique names.
Answer:
B. The Nash equilibrium suggests both companies should opt for a low advertising strategy.
Explanation:
Examining the responses from both players reveals the following:
If PG decides on High, then JNJ will achieve the best outcome by choosing Low.
If PG selects Medium, JNJ's optimal choice would still be Low.
Should PG pick Low, JNJ again benefits most by choosing Low.
In the same way,
If JNJ opts for High, PG should choose Low for the highest payoff.
<pif jnj="" goes="" with="" medium="" pg="" will="" also="" gain="" the="" most="" by="" selecting="" low.="">
Finally, if JNJ selects Low, PG still maximizes their payoff with a Low choice.
Consequently, PG has a clear dominant strategy to choose Low, and likewise, JNJ also has a dominant strategy to select Low.
</pif>
The correct response is option (c).
To find variable cost as a percentage of sales, we do:
(Variable expenses ÷ Sales) × 100 = ($3,000,000 ÷ $5,000,000) × 100, which results in 60%.
Let Sales be X, hence Variable cost becomes 0.6X (that is 60% of Sales). Setting up the equation:
X - 0.6X - 1,500,000 = 300,000 yields: 0.4X = 300,000 + 1,500,000 = 1,800,000. So, X = 1,800,000 ÷ 0.4 = 4,500,000.
