Answer:
budgeted sales revenue will be 150,000
Explanation:
It expects to sell 30,000 at $5 each
so sales revenue would be
The beginning and ending inventory has no relevance. The question is <em><u>already telling us how many unis the company expecs to sell </u></em>and their unit price.
We just have to multiply
Answer:
C
Explanation:
If hes in debt and doesnt pay it and he doesnt have anything to give or any money then thye will come for you.
Answer:
elastic.
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.
If demand is elastic and price is decreased, quantity demanded would increase. The increase in quantity demanded would be greater than the decrease in demand and this would lead to an increase in revenue.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one
Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.
Infinitely elastic demand is perfectly elastic demand. Demand falls to zero when price increases
Perfectly inelastic demand is demand where there is no change in the quantity demanded regardless of changes in price.
Answer:
a)The Maximum amount you can defer is restricted to individual limit of $ 18,000
b)The Tax saving due to deferral =$ 5940
c)The amount recommended for amber = $ 18000
Explanation:
a)The Maximum amount you can defer is restricted to individual limit of $ 18,000
b)The Tax saving due to deferral = 18000* .33 =$ 5940
c)The amount recommended for amber = $ 18000