Answer:
A) Apple
Explanation:
Price elasticity describes how sensitive the demand for a product is a result of a change in price. A product is price elastic if a small change in price causes a big difference in its demand. A Product is price inelastic if a change in price does not create a significant change in its demand.
Apples will be more price elastic. Apple is fruit has may alternatives. As a fruit, apple competes with many others. A small increase in price will make consumers consider other fruits. If the price decreases, then the demand is likely to rise.
Water and gasoline are necessary goods. We need them for survival. An increase or decrease in price will have minimal changes in demand. Jewellery are luxury goods. They are bought for their value and worth. Changes in price will not affect their demand.
Answer:
a. The value of shareholder's equity account for this firm is $16,600.
b. The net working capital for Wims Inc. is $1,500.
a. We start off by looking at the Accounting Identity:
Since
and
We can rewrite this accounting identity as follows:
----- (1)
Plugging in the values from the question in (1) above we get,
b. The formula for Net Working Capital is:
In its most basic sense, Job satisfaction involves the positive feelings and evaluations individuals have about their employment.
<h3>What is Job satisfaction?</h3>
Job satisfaction serves as the joy and emotions that is positive that employee have about his work.
In this case, Job satisfaction involves the positive feelings and evaluations individuals have about their employment.
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Income Taxes Using appropriate headings and subtotals prepare a multiple-step consolidated income statement.
An Income tax is a tax imposed on people or entities in admire of the income or profits earned by way of them. income tax generally is computed because the manufactured from a tax price instances the taxable earnings. Taxation fees can also vary by using the kind or characteristics of the taxpayer and the type of profits.
Consolidated Income statement
Particulars Amount
Net Sales $ 5,864. 6
Less: Expenses
Cost of Products sold = $ 3,6594.4
Gross Profit = $2,205.2
Less: Operating expenses
Selling general, and administrative expenses $ 1,515.3
Other expenses $ 432.7
Operating Income = $ 275
Less: Non-operating expenses
Interest and other non-operating expenses $ 104.7
Income before Taxes = 152.5
Less: Income Tax expense $ 17.9
Income after Taxes = $134.6
Less: Loss on sale of Discontinued Operations
(net of income taxes) $9.4
Net Income $ 125.2
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Leo's purchase is influenced by his memory of the pasta