Answer:
The answer is: $600
Explanation:
Ellison Inc.'s total sales for the year were $18,000. By the end of the year $12,000 had been paid in cash and $6,000 still remained as accounts receivable. Out of those $6,000, the credit manager estimates 10% will be be noncollectible, that amounts to $600 ($6,000 x 10%).
Answer:
This principle is based on the idea of Vilfredo Pareto, an Italian economist that stated 80% of the results are concentrated in 20% of the activities executed. In Business, this idea is extrapolated as 80% of results come from 20% of the clients.
Explanation:
The correct option is in-home interviews.
Executive interview have essentially the same advantages and disadvantages as in-home interviews.
In-home interviews are comprehensive sessions which join perception and meetings to produce profound logical comprehension.
Answer: 26.15
Explanation: The degree of operating leverage is calculated as the percentage change in operating income in relation to a percentage change in sales.
Thus the degree of operating leverage of Gateway inn is calculated thus:
DOL = Cont Margin/Operating income
DOL = 47/(4.6-3.3)
DOL = 47/1.3
DOL= 26.15
Answer:
The demand curve would be a downward straight line graph.
Explanation:
This type of curve is referred to as inelastic demand curve because the decrease in price would not result to an increase in quantity purchased as explained by the question. Majority of the reservation, precisely 25 people from the question are willing to pay reservation proce of 500 as compared to one person whose reservation is different.
