Answer and Explanation:
The computation of the margin of safety is shown below:
As we know that
margin of safety = Actual sales - break even sales
For Jakarta, it is
= $500,000 - ($80,000 ÷ 0.40)
= $500,000 - $200,000
= $300,000
And, for maldives, it is
= $6,620,000 - ($2,151,500 ÷ 50%)
= $2,317,000
Answer: d. is elastic.
Explanation:
A good is said to be elastic when its price elasticity of demand is greater than one.
Price elasticity of demand shows the change in quantity demanded as a result of a change in price.
Formula is:
= Percentage change in quantity demanded / Percentage change in price
Percentage change in price = (100 - 120) / 120 = -16.7%
Percentage change in quantity demanded = (13 - 10) / 10 = 30%
Price elasticity of demand = 30% / -16.7%
= -1.8
Price elasticity of demand is greater than the number 1 so this is elastic.
Answer:
46%of Americans couldn't come out with $400 in an emergency
Answer:
$13,130.4
Explanation:
Mean is a measure of average. It is used to calculate the average of a given set of data.
Mean = Sum of Terms/Number of Terms
Monthly Mean Rental Cost = Total rental cost / Number of rents
= ($6,350 + $5,745 + $11,870 + $15,255, + $26,432)/5
= $65652/5
=$13,130.4
C.) the flavor will be lost if the fish is well-done