True this is to avoid safety hazards
Answer:
Annual depreciation= $8,760
Explanation:
Giving the following information:
Avalon Industries buys equipment for $50,000, expects to use it for Five years, and then sell it for $6,200.
We need to use the following formula:
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (50,000 - 6,200)/5= $8,760
Answer:
$5.952
Explanation:
For the computation of expected price of the competitor's stock first we need to find out the P/E ratio of a firm which is shown below:-
P/E ratio of a firm = Stock price ÷ Earning per share
= $14.26 ÷ $1.15
= $12.4
Price of competitor's stock = P/E ratio of a firm × Earning per share
= $12.4 × $0.48
= $5.952
Therefore for computing the expected price of the competitor's stock we simply applied the above formula.
The determinants of the supply of a good are any factors other than the product's price that cause the supply curve of the good to shift.
<h3>What is supply curve?</h3>
The supply curve can be regarded as graphic representation which is used in showing the relationship that exist between between the cost of a good or service and quantity supplied.
However , the price is seen at the left vertical axis, of the curve and product's price that cause the supply curve of the good to shift.
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If the price of natural gas rises, the price elasticity of demand is likely to be the highest one year after the price increase.
<h3>What is the price elasticity of demand?</h3>
A measure of a product's consumption shift in response to a price change is called price elasticity of demand. The quantity shift in percentage terms divided by the price change in percentage terms is used to determine the price elasticity of demand.
The price elasticity of demand would probably be at its peak if the price of natural gas increased. Elasticity will be strongest in the long run since consumers would start exploring alternatives as a result of ongoing price increases.
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