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Deffense [45]
1 year ago
5

Creating a Multimedia Presentation

Business
1 answer:
zysi [14]1 year ago
5 0
Wheres the question ??
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The quantity demanded of cereal increased from 1,350 to 1,700 when the price of milk decreased from $2.05 to $1.65. What is the
Iteru [2.4K]

Answer:

-1.33

Explanation:

Cross price elasticity of demand measures the responsiveness of quantity demanded of good X to changes in price of good Y.

Cross price elasticity of demand = percentage change in quantity demanded of good X / percentage change in price of good Y

Percentage change in quantity demanded = (1700 / 1350) - 1 = 0.2593 = 25.93%

Percentage change in price = (1.65 / 2.05) - 1 = -0.1951 = -19.51%

25.93% / -19.51% = -1.33

I hope my answer helps you

8 0
3 years ago
Equities are claims of ownership in a corporation. Please select the best answer from the choices provided T F
AfilCa [17]
That statement is True.

The amount of equities that you own in a corporation is depended on how much stock you own in that corporation. The more equity you own, the more influence you have in that corporation. If you have more than 50 % equity in a corporation, that corporation basically have to follow whatever decision you made.
3 0
3 years ago
The trial balance of Sheridan Company at the end of its fiscal year, August 31, 2017, includes these accounts:
Natalija [7]

Answer:

The answer is $229,200

Explanation:

Cost of sales equals:

Beginning inventory plus purchases minus ending inventory.

Beginning inventory is $23,570

Purchases(net Purchase) is

Purchases $224,020

Add: Freight-In. $9,770

Minus: Purchase Returns. and Allowances. ($5,460)

Net Purchase:. $228,330

ending inventory is $22,700.

Therefore, cost of goods sold is:

$23,570 + $228,330 - $22,700

=$229,200

6 0
3 years ago
Which of the following is a reason for involving in decision making the people who are going to be affected by its results?The d
Assoli18 [71]

They will be more accepting of losses and failures if they are involved from the start.

Answer: Option D

<u>Explanation:</u>

Decision Making is the process where certain alternatives are set by the people who are involved in making a decision about achieving or reaching at a particular thing.

The people who are going to be affected by the result, it is very important to involve them in making the decisions so that if any failure or loss occurs during the working, the people accept it. If they are not involved in the process, they might not take the result very positively.

3 0
3 years ago
Name three types of insurance.​
Blababa [14]
Property, liability, and life.
3 0
3 years ago
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