Answer:
The price of tee-time should be reduced by 6.67%.
Explanation:
The price elasticity of demand for tee times is –1.5.
The manager wants to increase the number of tee times sold by 10%.
The price elasticity of demand shows the change in quantity demanded due to a change in the price level. It is the ratio of the percentage change in quantity demanded and percentage change in price.
Price elasticity =
- 1.5 =

Answer:
Presentational aids are items other than the words of a speech that are used to support the intent of the speaker. In particular, they can be visual aids, audio aids or other supporting technology. Visual aids include projectors, physical objects,. photographs, diagrams, charts and so on.
Explanation:
Answer: Debit Unearned Fees, $8,145; Credit Fees Earned, $8,145.
Explanation:
The $32,580 are for 36 months so the amount per month would need to be calculated.
= 32,580/36
= $905
The subscriptions were paid on the 1st of April which means that only 9 months (April to December) of the first year will have revenue recognized for them.
= 905 * 9
= $8,145
Correct entry would be to debit the Unearned fees account as it is a liability that needs to reduce to reflect that fees have now been recognized.
Credit the Fees Earned account to recognize revenue.
Debit Unearned Fees, $8,145; Credit Fees Earned, $8,145.
To start of you need to divide them all by an equal number then subtract find the common variable multiple then and then ya
Answer:
44
Explanation:
according to the constant dividend growth model
price = d1 / (r - g)
d1 = next dividend to be paid
r = cost of equity
g = growth rate
2.2 / 0.1 - 0.05 = 44