Overview
A 14 question quiz..
1.
- Problems 1-6 are based on the following information: A company sells PC software whose price is determined by p = 200 - 5Q, where Q is the quantity purchased per day. It has fixed costs of $100 per day and variable costs of $10 per unit sold.The profit-maximizing quantity is ___________ ( (A,15),B 19),C 22(D 24( E,13)
2.Problems 1-6 are based on the following information: A company sells PC software whose price is determined by p = 200 - 5Q, where Q is the quantity purchased per day. It has fixed costs of $100 per day and variable costs of $10 per unit sold.
Price = __________ at the profit-maximizing quantity.
A 2025. B 1705 C 290 D 105 E 29995
3.
- Problems 1-6 are based on the following information: A company sells PC software whose price is determined by p = 200 - 5Q, where Q is the quantity purchased per day. It has fixed costs of $100 per day and variable costs of $10 per unit sold.Total Revenue is _____________ at the profit-maximizing price and quantity (A, 2025, B 1705, C 290, D 105, E 1995
4. Problems 1-6 are based on the following information: A company sells PC software whose price is determined by p = 200 - 5Q, where Q is the quantity purchased per day. It has fixed costs of $100 per day and variable costs of $10 per unit sold.
Total Cost is ________ at the profit-maximizing price and quantity
(A 2025, B 1706, C 290, D 105, E 1995)
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5. Problems 1-6 are based on the following information: A company sells PC software whose price is determined by p = 200 - 5Q, where Q is the quantity purchased per day. It has fixed costs of $100 per day and variable costs of $10 per unit sold.
Profit is ________ at the profit-maximizing price and quantity.
(A, 2025, b 1705, C 290, D 105, 1995)
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6.Problems 1-6 are based on the following information: A company sells PC software whose price is determined by p = 200 - 5Q, where Q is the quantity purchased per day. It has fixed costs of $100 per day and variable costs of $10 per unit sold.
The maximum quantity the firm should produce to breakeven is
(A, 30, B 25, C 48, D 38, E, 32)
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7. Problems 7-12 use the following information: A firm purchased a new piece of equipment with an estimated useful life of five years. The cost of the equipment was $55,000. The salvage value is estimated to by $5,000 at the end of year 5.Using the straight-line method of depreciation, what is the value of depreciation for year 2? ( A 33,000, B 13,000 C 19,800 D 10,000 E 11,000)
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8. Problems 7-12 use the following information: A firm purchased a new piece of equipment with an estimated useful life of five years. The cost of the equipment was $55,000. The salvage value is estimated to by $5,000 at the end of year 5.
Using the straight-line method of depreciation, what is the book value for year 4?
A, 10,000 , B 45,000, C 35,000, D 25,000, E, 15, 000
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9.Problems 7-12 use the following information: A firm purchased a new piece of equipment with an estimated useful life of five years. The cost of the equipment was $55,000. The salvage value is estimated to by $5,000 at the end of year 5.
Using the Double-Declining Balance method of depreciation, what is the value of "alpha"?
(A 0.5, B 0.4, C 0.2, D 0.8, E 0.6)
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10.Problems 7-12 use the following information: A firm purchased a new piece of equipment with an estimated useful life of five years. The cost of the equipment was $55,000. The salvage value is estimated to by $5,000 at the end of year 5.
Using the Double-Declining Balance method of depreciation, what is the value of depreciation for year 3?
(A 22,000, B 13,200 C 4,752, D 7,920, E, 11,880
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11.
- Problems 7-12 use the following information: A firm purchased a new piece of equipment with an estimated useful life of five years. The cost of the equipment was $55,000. The salvage value is estimated to by $5,000 at the end of year 5.Using the Double-Declining Balance method of depreciation, what is the value of depreciation for year 5? (A 2,128 B 5,000 C, 2851, D 7920 E 7128
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12.Problems 7-12 use the following information: A firm purchased a new piece of equipment with an estimated useful life of five years. The cost of the equipment was $55,000. The salvage value is estimated to by $5,000 at the end of year 5.
Using the Double-Declining Balance method of depreciation, what is the book value for year 4?
(A 2128, B 5000, C 2851, D, 7920, E 7128