<u>Answer: </u>Option A
<u>Explanation:</u>
Here there is a price drop of 10% in the tickets while there is 8% increase in attendance which means there is inelastic situation. It denotes that the quantity demanded of the product is less than the price change.
When the demand increases in equal quantity to price then it is unit elastic. Perfectly elastic means when there is just 1% decrease in price of tickets then the demand quantity is infinity. Elastic means there is huge percentage change in quantity demanded than the price change.
Answer:
$59,080
Explanation:
The calculation of September cash disbursements is shown below:-
September cash disbursement = Company's budgeted fixed manufacturing overhead - Depreciation + Variable manufacturing overhead
= $43,120 - $3,640 + $7.00 × 2,800
= $43,120 - $3,640 + $19,600
= $62,720 - $3,640
= $59,080
Therefore for computing the September cash disbursement we simply applied the above formula.
Answer:
Appalachian Beverages
The Updated current ratio is:
= 1.65
Explanation:
a) Data and Calculations:
Current assets = $39,900
Current ratio = 1.90
Current liabilities = $21,000 ($39,900/1.90)
Current Assets:
Beginning balance = $39,900
Inventory $5,100
Cash ($2,000)
Ending balance = $43,000
Current Liabilities:
Beginning balance = $21,000
Accounts Payable $5,100
Ending balance = $26,100
Analysis of Transactions:
1. Inventory $5,100 Accounts Payable $5,100
2. Delivery Truck $10,000 Cash $2,000 Two-year Note Payable $8,000
Updated current ratio = Current assets/Current liabilities
= $43,000/$26,100
= 1.65
Answer:
The correct answer is letter "A": Control and communication.
Explanation:
Direct Market representation is an export strategy carried out by businesses in an attempt of having more control over the goods exported, generate higher profits, better communication with the branch abroad, and a deeper bond with the consumer in different regions. The disadvantages include higher operations costs, organization time, and resources.
When there is a middleman in the target country who serves as an intermediary between the exporting company and consumers, <em>the indirect market representation</em> has been implemented.
Answer:
The perception of unfairness
Explanation:
The perception of unfairness
the feeling of unfairness come when one feel unjust and unequal. It is a feeling of inequality or partiality toward one.
In the above situation Jane feel unfairness due to the fact that in-spite of being at same level with the other colleagues and showing same performance, company decide to suspend her.