Answer:
Option C.
Explanation:
Automatic Merchandising refers to the way in which the selling of merchandise is carried out through the use of vending machines.
Automatic Merchandising can also referred to as automatic selling and it saves the company from incurring cost of labor, involving a third party directly and so on.
However, this method might be the wrong strategy to be used in the company Janice works for. This is due to the fact that the company's customers are still loyal to the company because of the quality customer service. The quality customer service that the company offers will therefore, cease to exist if the company switched to Automatic Merchandising, because sales through this method are impersonal.
Answer:
option (c) inelastic
Explanation:
Given:
Q = 24 – 2 P
at P = 4
Q = 24 - 2(4)
= 16
Now,
Elasticity =
on substituting the respective values, we get
Elasticity =
or
Elasticity = -2 × 0.25
or
Elasticity = - 0.5
Since,
Elasticity is less than 1, therefore, the demand is inelastic.
Hence,
option (c) inelastic
Answer:
The correct answer is A.
Explanation:
Giving the following information:
Beginning finished goods inventory of $20,000
The cost of goods manufactured during the month was $120,000
Ending finished goods inventory was $50,000
To calculate the cost of goods sold, we need to use the following formula:
COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory
COGS= 20,000 + 120,000 - 50,000= $90,000
A stock exchange is a facility where stock brokers and traders can buy and sell securities such as shares of stock and bonds and other financial instruments
Answer:
$33.93
Explanation:
First, find the present value of each year's dividend at 15% required rate of return;
(PV of D1 ) = 4.40 / (1.15) = 3.8261
(PV of D2 ) = 4.50 / (1.15²) = 3.4026
Next, find terminal Cashflow;
D3 = D2 (1+g)
D3 = 4.50 (1.02) = 4.59
(PV of D4 onwards ) = 
Next sum up the PVs to find price;
=3.8261 + 3.4026 + 26.6977
= 33.926
Therefore, this stock is worth $33.93 today