Answer:
The correct answer is option d.
Explanation:
The supply of aged cheddar cheese is inelastic, and the supply of bread is elastic. Both goods are normal goods.
The imposition of income tax decreases the demand for both the goods by 10%. This decrease in the demand for goods will cause the price to decrease.
The elasticity of supply, in this case, will not affect the change in price. The elasticity of supply will only affect the equilibrium quantity.
Since the elasticity of supply is higher for bread, the quantity supplied will decrease to a greater extent as compared to cheese as it has inelastic supply.
Answer:
Cold Chiller Corporation (CCC)
Investment in cash conversion cycle:
= $10 million x 60% = $6million
which is invested for 145 (80 + 35 + 30) days before being realized as cash.
Explanation:
The cash conversion cycle (CCC) is a metric that expresses the time (measured in days) it takes for a company to convert its investments in inventory and other resources into cash flows from sales. It gives us an indication as to how long it takes a company to collect cash from sales of inventory. Often a company will finance its inventory instead of paying for it with cash up front.
The formula for the Cash Conversion Cycle is:
CCC = Days of Sales Outstanding PLUS Days of Inventory Outstanding MINUS Days of Payables Outstanding.
CCC = DSO + DIO – DPO.
Days of Sales outstanding:
DSO = [(Beginning Accounts Receivable + Ending Account Receivable) / 2] / (Revenue / 365)
Days of Inventory Outstanding:
DIO = [(Beginning Inventory + Ending Inventory / 2)] / (COGS / 365)
Operating Cycle = DSO + DIO.
Days of Payables Outstanding:
DPO = [(Beginning Accounts Payable +Ending Accounts Payable) / 2] / (COGS / 365)
Answer:
A. Fundamental analysis
Explanation:
Fundamental analysis is one of the most important type of analysis that helps to determine various prospects of company that are vital for their long-term stability and growth. Some of the major factors or traits measured in fundamental analyses are the earning per share and revenues. Fundamental analysis is also known as stock market analysis.
Answer:
It is more time consuming than secondary research.
Explanation:
- The primary research is the asking of questions and then listening and observing the behaviour of the target audiences and thus in order to be reliable, it must have to collect and analyze data.
- It involves doing directly to the customers and future customers for the collection of information.
- Thus the nature of the work is more time-consuming activity and depends a lot on the collection and gathering of the data and information processing.
- Except that high cost is also one of the disadvantages that are associated with the primary research.
<span>The price elasticity of demand would be -2. When you divide the change in quantity demanded (-20%) by the change in price (10%), as is required to obtain the price elasticity of demand, you get this result.</span>
