The array price given below contains the price in dollars of a certain stock over 10 days. Use MATLAB to determine how many days the price was above $20.
price = [19, 18, 22, 21, 25, 19, 17, 21, 27, 29]
In: Mechanical Engineering
| Selling price per unit (package of 2 CDs)...................................... | $20.00 |
|---|---|
| Variable costs per unit: | |
| Direct material............................................................................................................... | $4.00 |
| Direct labor...................................................................................................................... | $5.00 |
| Artist's royalties.............................................................................................................. | $3.50 |
| Manufacturing overhead.......................................................................................... | $3.00 |
| Selling expenses............................................................................................................ | $1.00 |
| Total variable costs per unit............................................................ | $16.50 |
| Annual fixed costs: | |
| Manufacturing overhead.......................................................................................... | $180,000 |
| Selling and administrative....................................................................................... | $220,000 |
| Total fixed costs................................................................................ | $400,000 |
| Forecasted annual sales volume (120,000 units)......................... | $2,400,000 |
If the company's direct-labor costs do increase by 8%, what selling price per unit of product must it charge to maintain the same contribution margin ratio?
(Please indicate your result with one decimal place. Example: 40.5)
In: Accounting
1) Who benefits from price discrimination? In order for price discrimination to work producers must be able to do what?
2) Describe your plan to reduce asymetric information in buying a house, car, insurance policy or choosing a college to apply to.
3) What are the benefits and shortcomings of Monopoly?
Need help with these 3 questions.
In: Economics
Suppose the stock price is 50 and we need to price a call option with a strike of 55 maturing in 2 months. The stock is not expected to pay dividends. The continuously compounded risk-free rate is 3%/year, the mean return on the stock is 7%/year, and the standard deviation of the stock return is 30%/year.
In: Finance
Profitability Ratios, Im having understanding the price to earnings ratio,
Can you explain the Price to earnings Ratio?
What does it mean when the price to earnings ratio is 10?
What does it mean that a company is overvalued or undervalued and how do you determine that?
In: Accounting
In: Economics
Choose T/F for the following:
(a) Gamma measures the option price change when the stock price increases.
(b) Vega measures the change in the option price when there is an increase in volatility.
(c) Theta measures the change in the option price when there is an increase in the time to maturity.
(d) Rho measures the change in the option price when there is an increase in the interest rate.
(e) For a call option, delta is not negative.
(f) Delta for an option is smaller than 1.
(g) For a put option, vega is not negative.
(h) Vega tends to be greater for at-the-money options than deep out-of-the money options.
(i) For a call option, rho is not positive.
(j) For a call option, psi is not positive.
In: Finance
Why does a price ceiling create a black market? Why does a price floor create a grey
market?
In: Economics
A. Fill in the blank:
| Stock | Initial Price | Final Price |
# of shares outstanding(millions) |
Initial value of outstanding stock ($mill) | Final value of outstanding stock ($mill) |
| Lindner | $35 | $60 | 6 | ||
| Bearcat | $105 | $108 | 3 | ||
| Total | $140 | $168 | $525 | $684 |
B. Find the index return for a price-weighted index (round to nearest percent ex: 54.7%>>55%) :
C. Find the index return for a value-weighted index (round to nearest percent ex: 54.7%>>55%) :
D. Find the index return for a equally-weighted index (round to nearest percent ex: 54.7%>>55%) :
In: Finance
1) Explain why rent control is an example of a price ceiling.
2) Explain why price ceilings can lead to shortages in terms of supply and demand.
3) Explain the concept of consumer surplus and producer surplus. What effect does rent control have on consumer surplus and producer surplus?
4) Are you an opponent or proponent of rent control? Provide reasons for your stance.
In: Economics