Large vertical drum struck from either side with a covered mallet

Suppose that identical twin eye doctors work across the hall from each other. Even their parents have trouble telling them apart

suter [353]

Answer:

False

Explanation:

The statement is false: because

As provided the doctors are identical and even there parents cannot differentiate properly and are mistaken sometimes.

As the doctors practice across the hall, that is the same place, any customer if there is an increase in fee of Doctor 1 will substitute his doctor, into another, as both are common with knowledge, and practice.

This will lead to fall of customers or patients at a change of fees, to another doctor.

Thus the price elasticity of demand is infinite, as all customers might be loosed.

Therefore, the statement is false.

8 0

3 years ago

Suppose that in your first year of college you spend $21,800.00 more than you earn. In your second year, your expenses increase

lilavasa [31]

Answer:

$483,000.987

you are RICHHHHHHHHHH

Explanation:

8 0

3 years ago

Mary owns a floral and gift shop valued at $150,000. If she keeps the shop open 5 days a week, EBIT is $75,000. If the shop rema

shtirl [24]

Answer:

Check the explanation

Explanation:

If Mary issues stock, she would not be bearing any interest expense for the money she raised. since all the money she raised is through stock. Therefore, Cash flow for the year would be

$69000: [1592,000 *5150,000/ (V50,000+550,000)]

This is the cash flow for the year to be for Mary if she issues stock and remains open 6 days a week

5 0

3 years ago

The Oriole Acres Inn is trying to determine its break-even point during its off-peak season. The inn has 50 rooms that it rents

vfiekz [6]

Answer:

Break-even point in units= 402 rooms a month

Explanation:

Giving the following information:

The inn has 50 rooms that it rents at $100 a night. Operating costs are as follows:

Salaries $7,500 per month

Utilities $1,500 per month

Depreciation $1,300 per month

Maintenance $1,760 per month

Maid service $24 per room

Other costs $46 per room

<u>First, we need to calculate the total fixed costs and the unitary variable cost.</u>

Total fixed costs= salaries + utilities + depreciation + maintenance

Total fixed costs= $12,060

Unitary variable cost= 24 + 46= $70

<u>To calculate the break-even point in units, we need to use the following formula:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 12,060/ (100 - 70)

Break-even point in units= 402 rooms a month

8 0

3 years ago

If a company's current ratio increases from 1.2 to 1.4 from one year to the next, and its acid test ratio decreases from 0.20 to

Trava [24]

Answer:

The inventory has been reportedly increased and it should be checked.

Inventory management should be further examined.

Explanation:

Current Ratio = Current Assets/ Current liabilities

An increase in the current ratio means that there is an increase in the current assets or decrease in the current liabilities.

Acid test Ratio= Current Assets - Inventory / Current liabilities

If the acid test ratio is decreased it means that there is an increase in current liabilities or the current assets have decreased.

If we carefully look at the two formulas we find that inventory has increased and deduction of inventory from current assets reduces the amount of current assets and increases the current liabilities giving a bigger acid test ratio.

The inventory has been reportedly increased and it should be checked.

Inventory management should be further examined.

5 0

3 years ago