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3 years ago

The business side of IT is very different from the business itself. T/F

Business

1 answer:

krek1111 [17]3 years ago

8 0

Answer: True

Explanation: The IT department of an organization is responsible for managing everything related to technological resources and would not necessarily be related to the company's own activities, but they have to work hand in hand to provide the best technological solutions.

For example: a food distribution industry, should have good resources in inventory technology, or in GPS system for transport, are technological resources but are not the same as business.

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The Poison Apple Diner had an average dinner cover charge of $8.75 during the month of September, when 3,000 atrons were served.

skelet666 [1.2K]

Answer:

0.583

Explanation:

Data provided in the question;

Average dinner charges = $8.75

Initial demand = 3,000 atrons

Increase in price = $0.50

Final demand = 2,900

Thus,

change in demand = 3,000 - 2,900 = 100

Now,

The price elasticity of demand = $\frac{\textup{Percentage change in demand}}{\textup{Percentage change in price}}$

also,

Percentage change in demand = $\frac{\textup{Change in demand}}{\textup{Initial demand}}\times100\%$

= $\frac{\textup{100}}{\textup{3000}}\times100\%$

= 3.33%

Percentage change in price = $\frac{\textup{Change in price}}{\textup{Initial price}}\times100\%$

= $\frac{\textup{0.50}}{\textup{8.75}}\times100\%$

= 5.714

thus,

The price elasticity of demand = $\frac{\textup{3.33}\%}{\textup{5.714}\%}$

= 0.583

3 0

3 years ago

You are considering purchasing a new automobile that will cost you $28,000. The dealer offers you 4.9% APR financing for 60 mont

bija089 [108]

Answer:

so correct option is B) $527

Explanation:

given data

cost = $28,000

offer APR = 4.9 % = $\frac{4.9}{12}$ = 0.0041

time = 60 months

finance the entire = $28,000

solution

we will apply here formula for calculate monthly payment that is

= $\frac{r(1+r)^t}{(1+r)^t -1}$ ...........1

here r is rate that is 0.0041 and t is time that is 60 put here value we get

= $\frac{0.0041(1+0.0041)^{60}}{(1+0.0041)^{60} -1}$

= 0.01883

so monthly payment is = 28000 × 0.01883

monthly payment is $527

so correct option is B) $527

6 0

3 years ago

Read 2 more answers

The hourglass model for structuring effective business presentations suggests you should:_______.

mrs_skeptik [129]

Answer:

Begin and end your presentation with motivating context

Explanation:

Just as the hourglass is shaped with a large top, narrow middle and a large bottom. Presentations should start on a general and motivational context.

The middle of the presentation should focus on some details and procedures on how to achieve set goals and objectives of the topic. This is where practical steps are given to the audience.

The end of the presentation should again be a motivational context again. The audience is made to see the big picture of the situation.

6 0

2 years ago

On December 31, Briar Co. disposed of a piece of equipment that cost $6,000 with accumulated depreciation as of December 31 of $

Setler [38]

Briar Co. disposed of a $6,000 piece of equipment on December 31 with $4,500 in accrued depreciation as of that date. Then $1,500 will be debited from the Loss on Equipment Disposal account.

<h3>What is loss on Equipment Disposal account?</h3>

Gain/Loss on Asset Disposal is a common account name of the Equipment Disposal account.

The net difference between the initial asset cost and any cumulative depreciation (if any) is debited to the disposal account, while the balances in the fixed asset account and the accumulated depreciation are reversed.

On December 31, the debited amount is calculated as:

$=\text{Disposed Equipment- Accumulated Depreciation}\\\\ =\$6,000- \$4,500\\\\ =\$1,500$