The price of elasticity of the product maybe considered inelastic since there is little to no responsiveness to the change in price of the product. A factor or reason can be that it is a necessity so persons still have to buy the product no matter the change in price.
Answer:
The correct answer is All of these answer choices are examples of significant influence.
Explanation:
Participatory influence implies a higher level of decision within an investee, without having maximum control over it. These decisions are framed within the financial and operating result, so all response options are true. According to the IFRS standard, this type of participation can be exercised in different ways, but the most common is within the highest decision-making body of the entity.
Answer:
$8058
Explanation:
10/20/5 stands for a series of discount rates applicable on the list price. It means on total amount, 10% discount is allowed, then post deduction of this 10%, a further 20% on the balance is allowed and then a further 5% is allowed on the balance.
In the given case, single equivalent discount would be calculated as follows,
$25,500 × 10% = $2550
Then, ($25,500 - 2550) × 20%= $4590
Then, ($25,500 - 2550 - 4590) × 5% = $918
Single equivalent discount amount = $2550 + 4590 + 918 = $8058
Based on the selling price of the car and the cost to work on it, Savion should sell the car now for $3,800.
<h3>Why should Savion sell the car?</h3><h3 />
The profit if he works on the car is:
= Selling price - Addtional work cost
= 5,800 - 2,400
= $3,400
The profit from selling the car is $3,800 which is more than the profit if additional work is done of $3,400.
The $4,000 is irrelevant as it is a sunk cost.
Find out more on sunk costs at brainly.com/question/13695005.
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Answer:
The statement is: True.
Explanation:
The Work In Progress (WIP) Inventory represents the sources needed during the production of a good. While calculating costs for those sources it is necessary to follow the 5-steps of process costing which are the following:
<em>1)</em><em> Determine the flow of units generated.
</em>
<em>2)</em><em> Adjust the inventory to calculate the equivalent units.
</em>
<em>3)</em><em> Identify the total cost.
</em>
<em>4)</em><em> Calculate the average cost per equivalent unit.
</em>
<em>5)</em><em> Record these costs to finished units and Work in Process units.</em>
