Answer:
the answer is 'the lucky fool'
Explanation:
Answer:
The correct answer is (d)
Explanation:
Elasticity means a change in price will change the supply or demand more than the price change. If the demand is inelastic, then the increase in price will increase the tax revenues because the demand will not change much compared to the price change. Likewise, this phenomenon is the same in the case of supply; the increase in taxes will decrease the overall quantity supplied, which will decrease the overall tax collection or tax revenue.
Harley has suffered declining in sales in the US and abroad since 2008 due to the global economic context, such as:
- the rise in product prices,
- world crises and
- the pandemic context of 2020.
The 2008 financial crisis had a direct impact on Harley's business, causing since then a decline in sales in the US and abroad, which led to a change in consumer behavior, which, due to the contraction of real estate debt, started to spend their money with essential consumer goods.
The coronavirus pandemic has also led to production cuts and closures in several companies worldwide, and is also a factor that has impacted people's income and the decline in Harley sales.
Harley is a dealership that manufactures luxury, customized motorcycles that generate value to the customer, for their style, values and reputation in the market, but in a context of crisis, these items are the ones that suffer the most decline.
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Answer:
Current ratio = 4.04
Explanation:
Current ratio measures the ability of a business to settle its short term obligations using its liquid financial resources (current assets)
<em>A current ratio in excess of 2 is considered as adequate (except for some special occasions) and vice versa</em>.
Current ratio is computed as follows:
Current ratio = current assets/current liabilities
Applying this we have
$
Cash 102
Receivable 94
Inventory 182
Other current assets <u> 18</u>
<em>Total current assets 396
</em>
<em><u>To</u></em><em>tal current liability 98</em>
Current ratio= Total current assets / T<u>o</u>tal current liability
Current ratio = 396/98= 4.04:1
Current ratio = 4.04