Q7. The Carnival Caravan is a firm that specializes in Central and South American carnival season themed costumes. They are considering a new carnival mask product, however they fear that if customers buy the new mask, they will not buy on of their traditional masks (After all, who needs more than one mask?). After conducting some market research they estimate that they will sell 112,500 units of the new mask. At the same time they have forecasted sales of their traditional mask to be 523,000 units. In reality though they will only sell 432,340 pair. What is the cannibalization rate for the traditional mask given the introduction of the new mask?

Reynolds corp. factors $400,000 of accounts receivable with mateer finance corporation on a without recourse basis on july 1, 2015. the receivables records are transferred to mateer finance, which will receive the collections. mateer finance assesses a finance charge of 1 ½ percent of the amount of accounts receivable and retains an amount equal to 4% of accounts receivable to cover sales discounts, returns, and allowances. the transaction is to be recorded as a sale. required: a. prepare the journal entry on july 1, 2015, for reynolds corp. to record the sale of receivables without recourse. b. prepare the journal entry on july 1, 2015, for mateer finance corporation to record the purchase of receivables without recourse— think through this. c. explain the difference between sale of receivables with recourse as oppose to without recourse.

Mbo works by objectives moving through the organization; that is, top managers set general organizational objectives, which are translated into divisional objectives, which are translated into departmental objectives. the hierarchy ends in individual objectives set by each employee. this is an example of mbo working as objectives through the organization.

John has been working as a tutor for $300 a semester. when the university raises the price it pays tutors to $400, jasmine enters the market and begins tutoring as well. how much does producer surplus rise as a result of this price increase?