Answer:
2019 2018 2017 2016 2015
Sales 362 237 192 134 100
Cost of goods sold 365 238 195 135 100
Accounts receivable 254 202 191 114 100
Explanation:
Note: See the attached excel file for the table showing how the trend percents are calculated.
Trend percents, often known as index numbers, can be described as percents that are used for comparing financial data across time to a based year or period. This can be calculated using the following formula:
Trend percents = (Analysis year amount / Base year amount) * 100 ........ (1)
Using equation (1), the following table shows the trend percents computed as follows:
2019 2018 2017 2016 2015
Sales 362 237 192 134 100
Cost of goods sold 365 238 195 135 100
Accounts receivable 254 202 191 114 100
Answer:
Break-even point in units= 1,500
Explanation:
Giving the following information:
Selling price= $600
Unitary variable cost= $420
Fixed cost= $270,000
<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= 270,000 / (600 - 420)
Break-even point in units= 1,500
Answer:
(A) -5/6
Explanation:
Price elasticity of demand = % change in quantity demanded ÷ % change in price
% change in quantity demanded = (60-40)/40 × 100 = 20/40 × 100 = 50%
% change in price = ($6-$15)/$15 × 100 = -$9/$15 × 100 = -60%
Price elasticity of demand = 50% ÷ -60% = -5/6
Answer:
The correct answer to the following question is option A) .
Explanation:
One way in which firms identify customer is through observational characteristics which can be age, by knowing the average of their target customers , a firm can know whether their target customers would be willing to wait in long lines or not for getting the firms product. As if their target customers mainly consists of old age then those customer won't be willing to wait in long lines to get the product.
Requirement 1: [Find attachment 1]
Requirement 2: [ Find attachment 2]
