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Terms in this set (11)
Kung walang sino man ang nais baguhin pa ang kanilang pasiya kaugnay sa pagbili at pagbebenta
Lahat ng pasiya ng bawat kasapi ng pamilihan sa equilibrium ay
Quantity demanded and supplied are the same
Ang curve Kung iisahin ang demand and quantity supplied
Gagalaw ang presyo at quantity; pagwawasto sa sarili
Kapag ang pamilihan at wala sa equilibrium ay.....
Bababa ang presyo ng pamilihan hanggang Magkatugma Ito sa equilibrium
Kapag ang presyo sa pamilihan ay labs sa Kung and ang equilibrium ay....
Tataas ang presyo ng pamilihan hanggang Itoy magkatulad sa equilibrium
Kapag ang presyo ng pamilihan ay bababa sa equilibrium ay....
Mas mataas ang quantity demanded Kaysa quantity supplied
Ang bahay kalakal ay tataasan Nila ang presyo o ang mag mamimili ay handing magbayad ng malaking presyo.
Kung may shortage, ang Gagawin ay....
Mad mataas ang quantity supplied Kaysa quantity demanded
Bababain ng bahay kalakal ang presyo Upanishads makaakit ng maraming mamimili
And ang Gagawin ( surplus)
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Kandon Enterprises, Inc., has two operating divisions; one manufactures machinery and the other breeds and sells horses. Both divisions are considered separate components as defined by generally accepted accounting principles. The horse division has been unprofitable, and on November 15, 2016, Kandon adopted a formal plan to sell the division. The sale was completed on April 30, 2017. At December 31, 2016, the component was considered held for sale. On December 31, 2016, the company’s fiscal year-end, the book value of the assets of the horse division was $250,000. On that date, the fair value of the assets, less costs to sell, was$200,000. The before-tax loss from operations of the division for the year was $140,000. The company’s effective tax rate is 40%. The after-tax income from continuing operations for 2016 was$400,000. Required: 1. Prepare a partial income statement for 2016 beginning with income from continuing operations. Ignore EPS disclosures. 2. Repeat requirement 1 assuming that the estimated net fair value of the horse division’s assets was $400,000, instead of$200,000.
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MiniTek manufactures private-label small electronic products, such as alarm clocks, calculators, kitchen timers, stopwatches, and automatic pencil sharpeners. Some of the products are sold as sets, and others are sold individually. Products are studied as to their sales potential, and then cost estimates are made. The Engineering Department develops production plans, and then production begins. The company has generally had very successful product introductions. Only two products introduced by the company have been discontinued. One of the products currently sold is a multi-alarm clock. The clock has four alarms that can be programmed to sound at various times and for varying lengths of time. The company has experienced a great deal of diffi culty in making the circuit boards for the clocks. The production process has never operated smoothly. The product is unprofitable at the present time, primarily because of warranty repairs and product recalls. Two models of the clocks were recalled, for example, because they sometimes caused an electric shock when the alarms were being shut off. The Engineering Department is attempting to revise the manufacturing process, but the revision will take another 6 months at least. The clocks were very popular when they were introduced, and since they are private-label, the company has not suffered much from the recalls. Presently, the company has a very large order for several items from Kmart Stores. The order includes 5,000 of the multi-alarm clocks. When the company suggested that Kmart purchase the clocks from another manufacturer, Kmart threatened to rescind the entire order unless the clocks were included. The company has therefore investigated the possibility of having another company make the clocks for them. The clocks were bid for the Kmart order based on an estimated $6.90 cost to manufacture: | Cost to manufacture | | |--------------------------------|:-----:| | Circuit board, 1 each @$2.00 | $2.00 | | Plastic case, 1 each @$0.80 | 0.80 | | Alarms, 4 @ $0.15 each | 0.60 | | Labor, 15 minutes @$12/hour | 3.00 | | Overhead, $2.00 per labor hour | 0.50 | MiniTek could purchase clocks to fi ll the Kmart order for$10 from Trans-Tech Asia, a Korean manufacturer with a very good quality record. Trans-Tech has offered to reduce the price to $7.50 after MiniTek has been a customer for 6 months, placing an order of at least 1,000 units per month. If MiniTek becomes a “preferred customer” by purchasing 15,000 units per year, the price would be reduced still further to$4.50. Omega Products, a local manufacturer, has also offered to make clocks for MiniTek. They have offered to sell 5,000 clocks for $5 each. However, Omega Products has been in business for only 6 months. They have experienced signifi cant turnover in their labor force, and the local press has reported that the owners may face tax evasion charges soon. The owner of Omega Products is an electronic engineer, however, and the quality of the clocks is likely to be good. If MiniTek decides to purchase the clocks from either Trans-Tech or Omega, all the costs to manufacture could be avoided, except a total of$1,000 in overhead costs for machine depreciation. The machinery is fairly new, and has no alternate use. ***Instructions*** (c) What do you think MiniTek should do in regard to the Kmart order? What should it do in regard to continuing to manufacture the multi-alarm clocks? Be prepared to defend your answer
How do consumer expectations affect demand?
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