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lutik1710
1 month ago
7

Using the formula

Business
1 answer:
soldi70 [3.6K]1 month ago
7 0
Price elasticity calculates to -2.5385. Explanation: This outcome indicates that price increases adversely affect the quantity of products demanded.
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when rival firms compete aggressively by trying to attract competitors' customers, this might be an indication of:
Free_Kalibri [3773]

Answer:

Stagnant industry development

Explanation:

Stagnant industry development refers to a situation where there is minimal or nonexistent growth within the sector.

This can occur when consumers are not inclined towards high-demand options.

In this context, the mention of rival companies striving vigorously to win over clients from other businesses signifies slow economic progress, thus this situation should be taken into account

5 0
1 month ago
Marin Products produces three products — DBB-1, DBB-2, and DBB-3 from a joint process. Each product may be sold at the split-off
harina [3808]

Answer:

MARIN PRODUCTS

Sales after further processing

DBB-1 DBB-2 DBB-3

units sold 16,000 24,000 36,000

Revenue post-processing $1,040,000 $1,200,000 $2,700,000

Joint expenditure (757,895) (1,136,842) (1,705,263)

Individual processing cost (110,000) (44,000) (66,000)

Net profit 172,105 10,158 928,737

sale at split-off point

DBB-1 DBB-2 DBB-3

units sold 16,000 24,000 36,000

Sales revenue $400,000 $840,000 $1,980,000

Joint expenditure (757,895) (1,136,842) (1,705,263)

Net profit (357,895) (296,842) 274,737

Conclusion: All products should undergo further processing to enhance the company's profit margins

<pdistribution of="" joint="" cost="">

Cost per unit = $3,600,000/76,000 = $47.37

DBB-1 = $47.37*16,000 = $757,895

DBB-2 = $47.37*24,000 = $1,136,842

DBB-3 = $47.37*36,000 = $1,705,263

Explanation:

</pdistribution>
8 0
2 months ago
Last year, J&amp;H Corp. reported a book value of exist700 million in current assets, of which 15% is cash, 17% is short-term In
Free_Kalibri [3773]
The accurate outcomes in this context are: The company is functioning with -$14 million in net operating working capital obtained through investor funds. According to industry averages, other firms could potentially achieve higher profits than J&H Corp if there were no debts and no financial assets.
8 0
1 month ago
Simple exponential smoothing is being used to forecast demand. The previous forecast of 66 turned out to be four units less than
Katen [3525]

Answer:

15

Explanation:

The Exponential smoothing model can be expressed as follows:

Ft= Ft-1 + α (At-1 – Ft-1)

Where,

Ft= new forecast

Ft-1= forecast from the previous period

At-1= last period's actual demand

α =? Ft-1=66 At-1=70 Ft= 66.6

Thus, it can be written as: Ft = 66 + α (70-66)

66.6 = 66 + 4* α

(66.6-66)= 4* α

α = 0.6/4

α = 0.15

Therefore, the alpha value is 0.15 for basic exponential smoothing.

5 0
2 months ago
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