Answer:
B. gives the same answer regardless of the direction of change
Explanation:
The computation of the price elasticity of demand using mid point formula is shown below:
Price elasticity of demand = (Percentage change in quantity demanded) ÷ (percentage change in price)
where, 
Percentage change in quantity demanded is 
= (change in quantity demanded ÷ average of quantity demanded) 
And, 
The percentage change in price is 
= (percentage change in price ÷ average of price)
Therefore, it reflects the same answer  
 
        
             
        
        
        
The answer to the question is to retake exams
        
                    
             
        
        
        
Answer:
$23.50 per share
Explanation:
The computation of the price per share after considering the stock dividend for the 6% is shown below:
= (Number of shares outstanding × market price per share) ÷ (Number of shares outstanding × 1 + stock dividend ) 
= (36,800 shares × $24.91) ÷ (36,800 shares × 1.06)
= $916,688 ÷  39,008 shares 
=  $23.50 per share
Hence, the price per share is $23.50 per share 
 
        
             
        
        
        
Answer:
$1510.28
Explanation:
The monthly on the purchase of new sports car can be  computed using the pmt excel function as shown below:
=pmt(rate,nper,-pv,fv)
rate is APR of 7.15% expressed in monthly terms i.e 7.15%/12
nper is the number of months that payments would last i.e 60 months
pv is the cost of the new sports car i.e $76000
fv is the balance owed after the 60th payment i.e $0
=pmt(7.15%/12,60,-76000,0)=$1510.28