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Mekhanik [1.2K]
1 year ago
13

Demand for bikes has suddenly increased, and the

Business
1 answer:
soldier1979 [14.2K]1 year ago
5 0

When the demand for bikes has considerably increased with a rise in price by $10, then the profit also increases by $10 on every bike sold.

<h3>What is meant by profit?</h3>

Profit is an incentive earned by a company by selling its products at a price higher than the original cost.

From the provided situation, it has been analyzed that there is a direct relationship between price and demand, which means an increase in demand leads to a rise in prices also. This will ultimately raise the profits of a company in respect of goods sold.

Therefore, the profits are also raised by $10 in a similar way as the rise in price by $10 due to an increase in demand for bikes.

Learn more about the economic profit in the related link:

brainly.com/question/15699405

#SPJ1

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The form of business organization that comprises about 18 percent of all businesses in the United States is the a. joint venture
julsineya [31]

Answer:

The form of business organization in the United States which comprises about 18% are corporations.

Explanation:

According to the data presented in the attached figure it is clearly seen that the percentage of corporations in the United States is 18%. The percentage of Joint Ventures and Syndicates is a lot less while that of partnerships and sole proprietorships is higher.

8 0
3 years ago
According to the semistrong form of the efficient markets hypothesis, ____________.A. stock prices do not rapidly adjust to new
solmaris [256]

Answer:

The correct answer is option B.

Explanation:

According to the efficient market hypothesis, when the market is in semi-strong form the future changes in the stock prices cannot be predicted by the publicly available information.  

The stock prices quickly adjust to all the publicly available information. In this situation, an investor can earn above-average returns if he possesses private information which is not available to all.

3 0
3 years ago
Yellowstone Corporation has just announced the repurchase of $125,000 of its stock. The company has 39,000 shares outstanding an
puteri [66]

Answer:

The price–earnings ratio after the repurchase is 22.18

Explanation:

First calculate Numbers of new shares

New Shares = Old Shares - ( Repurchased Shares / Price per share )

New Shares = 39,000 - ( $125,000 / $76.09 )

New Shares = 39,000 - 1,642.79

New Shares = 37,357.21 shares

New compute the old earning

Old  Earning = EPS x Numbers of old shares = $3.29 x 39,000 = $128,310

New compute revised Earning per share

Revised EPS = Earning / New shares = $128,310 / 37,357.21 shares = $3.43

Now we need to calculate the Price earning ratio

P/E Ratio = Price per share / Revised earning per share = $76.09 / $3.43 = 22.18 times

7 0
2 years ago
A business provides its employees with varying amounts of vacation per year, depending on the length of employment. The estimate
natta225 [31]

Answer:

1. Vacation pay expense Dr. 3500

Vacation pay payable 3500

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3. The amount will be removed once the vacation pay is paid and is debited to income account.

4 0
3 years ago
Which of "the following employee groups is MOST likely to "be excluded by the NLRB from participating in organizing activities a
Bingel [31]

Answer:

C) Employees with certain supervisory duties

Explanation:

The NLRB organization consists of:  

1) The Board – have 5 members and their staff

2) The General Counsel- final and independent authority which is under the Board and has to do investigation of charges and issuance of compliance.  

3) The Regional Offices- are located in large cities and are supervised by the General Counsel

NLRB Authority is about the enterprises those affect on the commerce by their operations. There could be included to the commerce: “trade, traffic, transportation, or communication within the District of Columbia or any Territory of the United States; or between any State or Territory and any other State, Territory, or the District of Columbia; or between two points in the same State, but through any other State, Territory, the District of Columbia, or a foreign country”

 

Supervisors are actually excluded by the NLRB from participating in organizing activities and being a member of the bargaining unit because, he/she could have some interest in favor of employer so there might be inappropriate situations like: to cause another employee to be hired, rewarded, disciplined

5 0
3 years ago
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