Answer:
0.42
Explanation:
Income elasticity of demand measures the responsiveness of quantity demanded to changes in income.
If the absolute value of income elasticity of demand is greater than one, it means demand is elastic.
If the absolute value of income elasticity of demand is less than one, it means demand is inelastic.
Income elasticity of demand = percentage change in quantity demanded / percentage change in income
5/12 = 0.42
Answer: Management will not look at this investment in equipment favorably, as the net present value of the project is negative, which will decrease shareholder's wealth.
Explanation:
0 1 2 3 4
Net Cashflows -370,000 160000 140000 80000 80000
Discount factor 12% 1 0.893 0.797 0.712 0.636
PV of cashflows -370000 142857 111607 56942 50841
NPV -7752
Answer:
Our mission is to build an ecologically sustainable and humane world for all animals.
Explanation:
I hope it help u
First, Holly should have investigated and planned how, when and where to put her money. after planning and investigating she should develop the right attitude in saving and investing.
Answer:
5,300
Explanation:
Given that,
contribution margin per unit = $7
selling price = $45 per unit
Fixed costs = $35,000
Total fixed cost after increase:
= $35,000 + $20,650
= $55,650
contribution margin per unit after increase:
= $7 + (50% × $7)
= $7 + $3.5
= $10.5
Therefore,
New Break even point:
= Fixed cost ÷ Contribution per unit
= $55,650 ÷ $10.5
= 5,300
