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3 years ago

14

The demand for all carbonated beverages is likely to be ________ the demand for dr. pepper. more elastic than perfectly elastic

compared to less elastic than perfectly inelastic compared to

1 answer:

Alona [7]3 years ago

7 0

Less elastic than the demand for dr. pepper.

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Analysis of Accounts Receivable and Allowance for Doubtful Accounts Steelcase, Inc. reported the following amounts in its 2014 a

Naddika [18.5K]

Answer:

b. Gross Receivable = Net receivable +Allowance

2014 = $306.8 + $13 = $319.80

2013 = $287.3 + $14.5 = $301.8

Allowance as a % of Gross receivable = Allowance / Gross receivable

2014 = $13/319.80 = 0.041 = 4.1%

2013 = $14.5/301.8 = 0.015 = 1.5%

c. Average Net Accounts receivable = (Accounts receivable, net 2014 + Accounts receivable, net 2013) / 2 = ($306.8 + $287.3] / 2 = $297.05

Receivable Turnover = Net credit sales / Average Net Accounts receivable

Receivable Turnover = $2,989 / $297.05

Receivable Turnover = 10.06 Times

d) Cash received in 2014 = Beginning Gross receivables + Net sales - Ending Gross receivables-Adjustment in allowance (Write-off 2014)

Cash received in 2014 = $301.8 + $2,989 - $319.8 - $4.3

Cash received in 2014 = $2,966.7

Increase in customer deposits = $16 - 13.5 = $2.5

Total Cash received from customers in 2014 = Cash received in 2014 + Increase in customer deposits

Total Cash received from customers in 2014 = $2,966.7 + $2.5

Total Cash received from customers in 2014 = $2969.20

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3 years ago

Consider jimmy choo designer shoes. jimmy choo faces many competitors, while in another way jimmy choo faces no competitors. thi

Leno4ka [110]

The contradiction can be explained by the substitutability between Jimmy Choo shoes and other shoes.
Substitutability is the ability of goods or services to be replaced by another good or services to be replaced by another good or service in use or consumption. Substitute goods are goods which, as a result of changed conditions, may replace each other in use. For example in this case, jimmy choo faces other competitors who have substitute shoes.

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3 years ago

The assets that you currently own are known as which of the following? A. Credit B. Capital C. Capacity D. Collateral

iren [92.7K]

"B. Capital A capital asset is defined to include property of any kind held by an assessee, whether connected with their business or profession or not connected with their business or profession. It includes all kinds of property, movable or immovable, tangible or intangible, fixed or circulating."

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3 years ago

Which of the following acquisitions would be considered the LEAST related? Group of answer choices A candy manufacturer purchase

kari74 [83]

Answer:

An upscale "white-tablecloth" restaurant chain acquires a travel agency.

Explanation:

Few reasons:

Such restaurant are luxurious, so they would want to collaborate with travel agencies but not acquire the whole agency itself.
Being the upscale restaurant they have to work on their own image not acquiring unnecessary agencies.
They have their own customer market, who won't compromise on the choices they make, so they don't need to acquire a travel agency to increase it's branding as not everyone can afford such restaurants.

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3 years ago

E) True, false, uncertain, or not enough information?

Evgesh-ka [11]

False, If wage goes up so will everything else

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3 years ago