1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nataly862011 [7]
1 year ago
15

Question 6 of 20

Business
1 answer:
tatiyna1 year ago
4 0

A product with a high level of elasticity of demand has the feature of the B. Demand for the product rises and falls depending on circumstances.

<h3>What is Elasticity of Demand?</h3>

This refers to the extent to which there is a price change that causes a product to have a change in demand.

Hence, we can see that when there is a high elasticity of demand, it is usually because there is a variable change in the quantity demanded in relation to its price and this means that B. Demand for the product rises and falls depending on circumstances.

Read more about elasticity of demand here:

brainly.com/question/19141990

#SPJ1

You might be interested in
Cullen Company has $235,000 in credit sales, and $164,200 in its Accounts Receivable at the end of the year. The company uses th
S_A_V [24]

Answer:

Net Realizablel Value of Account receivable = $142,850

Explanation:

Particulars                                                             Amount

Total Accounts Receivable                                  $164,200

- Pre-adjusted Uncollectable Account balance  $7,250

- Current Year Uncollectable Amount                 <u>$14,100   </u> ($235000*6%)

Net Realizable Value                                            <u>$142,850</u>

4 0
2 years ago
Tropical Tours reported revenue of $400,000 for its year ended December 31, Year2. Accounts receivable at December 31, Year1 and
Svetradugi [14.3K]

Answer:

Correct option is C.

Step wise solution is given below for demonstration.

4 0
3 years ago
Gnomes R Us just paid a dividend of $1.90 per share. The company has a dividend payout ratio of 25 percent. If the PE ratio is 1
Verizon [17]

Answer:

Stock price=$128.44

Explanation:

Calculation for stock price

First step is to calculate for dividend payout ratio using this formula

Dividend payout ratio=Dividend payout/Earnings

Let plug in the formula

Earnings=($1.90/0.25)

Earnings=$7.6

Now let calculate for PE ratio using this formula

PE ratio=Stock price/EPS

Let plug in the formula

Stock price=$7.6*16.9times

Stock price=$128.44

Therefore Stock price will be $128.44

8 0
2 years ago
Brickhouse is expected to pay a dividend of $3.00 and $2.40 over the next two years, respectively. After that, the company is ex
Damm [24]

Answer:

$31.9211

Explanation:

We discount the future two year dividends at the required rate of return

and solve for the present value of the infinite series of dividends growing at 3.6% with the dividend grow model:

\frac{D_1}{r-g} =PV

\frac{2.4 (1.036)}{0.11-0.036} = PV

PV 33.6

Then we discount this by the two years ahead of time these cashflow start and add them to get the PV of the stock which is their intrinsic market value

\left[\begin{array}{ccc}Year&cashflow&PV\\&&\\1&3&2.7027\\2&2.4&1.9479\\2&33.6&27.2705\\&TOTAL&31.9211\\\end{array}\right]

6 0
3 years ago
The current spot exchange rate is $1.55 = €1.00; the three-month U.S. dollar interest rate is 2 percent. Consider a three-month
Elan Coil [88]

Answer:

The least that this option should sell for is $3,125.

Explanation:

Acording to the data, we have the following:

The current spot exchange is $1.55=€1.00

The call option has a strike price of $1.50=€1.00 and spot price is €62,500

Hence,to calculate  the least value this option should sell for we have to calculate the following:

$1.55-$1.50=$0.05

Hence, $0.05*62,500= $3,125.

8 0
2 years ago
Other questions:
  • Someone who wants the credentials of skilled training, but in less time than a four-year degree should consider
    13·1 answer
  • George runs an outlet where he sells personalized t-shirts. he spends $35 to rent the printing machine and $25 for phone service
    6·1 answer
  • If the commercial mortgages on the balance sheet of this bank decline in value then the value of the bank's equity will rise.a.
    8·1 answer
  • Which of the following is considered to be a "super tool" or tool that has high use and high potential for improving project suc
    5·1 answer
  • Entrepreneurs are willing to take risks becausea. technology provides a way to sidestep the patent and copyright system.b. the p
    8·1 answer
  • Explain the difference between implicit and explicit costs
    11·1 answer
  • Market-leader Frito-Lay sells so many snacks to U.S. stores that it operates the country's seventh-largest private fleet of truc
    15·1 answer
  • Lindsey Paradise is not selected for her sorority of choice at the University of Kansas. She has used all of her time rushing to
    9·1 answer
  • Williams Company plans to issue bonds with a face value of $605,000 and a coupon rate of 6 percent. The bonds will mature in 10
    6·1 answer
  • QUESTION 1 of 10: Large-cap stocks have a market capitalization of:
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!