The following information was taken from Nash Inc.'s trial balances as of December 31, 2018, and December 31, 2019. 12/31/2019 12/31/2018
Accounts receivable $32,000 $39,000
Accounts payable 47,000 36,000
Sales 219,000 128,000
Sales returns 4,000 2,300
Retained earnings 47,000 16,000
Dividends 5,000 1,000
Net income 36,000 9,000

Required:

a. Calculate the net profit margin and accounts receivable turnover for 2011. (Mote: Round answers to two decimal places.)
b. How much does Nash make on each sales dollar?
c. How many days does the average receivable take to be paid (assuming all sales arc on account)?

Actual usage for the year by the marketing department was 70,000 copies and by the operations department was 330,000 copies. if a dual-rate cost-allocation method is used, what amount of copying facility costs will be budgeted for the operations department?

The rybczynski theorem describes: (a) how commodity price changes influence real factor rewards (b) how commodity price changes influence relative factor rewards. (c) how changes in factor endowments cause changes in commodity outputs. (d) how trade leads to factor price equalization.

Suppose that two firms produce differentiated products and compete in prices. as in class, the two firms are located at two ends of a line one mile apart. consumers are evenly distributed along the line. the firms have identical marginal cost, $60. firm b produces a product with value $110 to consumers. firm a (located at 0 on the unit line) produces a higher quality product with value $120 to consumers. the cost of travel are directly related to the distance a consumer travels to purchase a good. if a consumerhas to travel a mile to purchase a good, the incur a cost of $20. if they have to travel x fraction of a mile, they incur a cost of $20x. (a) write down the expressions for how much a consumer at location d would value the products sold by firms a and b, if they set prices p_{a} and p_{b} ? (b) based on your expressions in (a), how much will be demanded from each firm if prices p_{a} and p_{b} are set? (c) what are the nash equilibrium prices?