The price elasticity of the loan taken by the entrepreneur comes out to be 10.
<h3>
What is the price elasticity of demand?</h3>
The price elasticity of demand is an indicator used to determine the sensitivity of demanded quantity with respect to its corresponding price.
Given values:
Change in quantity demanded: 50%
Change in price: 5%
Computation of price elasticity of demand:
Therefore, when the change in quantity demanded is 50% with the change in the price is 5%, then the price elasticity of a business loan is equal to 10.
Learn more about the price elasticity in the related link:
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I believe the correct word to fill in the blank is:
“Annually”
Forms which are used in medical practice and the
accompanying medical codes used must always be updated annually to make sure
that they are accurate and precise with regards to the latest practice in the
medical field. This is extremely important especially that we are dealing with
life and death.
Answer:
For 100 shares, the mount that should be paid = $1766
Explanation:
We have to calculate the price of the stock in the 4th year because the investor cannot afford the stock in another 3 years.
Price of the stock = Do + g / ke - g
Dividend in current year = $1.2
Dividend after 1 year = 1.2 +2.5% (1.2)= 1.23
Dividend after 2 years = 1.23 + 2.5%(1.23) = 1.26075
Dividend after 3 years = 1.26075 + 2.5%(1.26) = 1.29227
Price in 4th year = 1.29227 + 2.5% / (0.10 - 0.025)
=1.29227 + 2.5%(1.29227)/0.075
= 17.66
Therefore, for 100 shares, the mount that should be paid = 17.66 * 100 = $1766
Answer / Explanation:
First, we need to understand what variance analysis is. Variance analysis is the qualitative and quantitative measure of the difference between actual financial value and the budgeted financial value.
This helps us to properly monitor our rate of spending against our profit or loss margin. it also assist in proper fund management.
Now talking about how the company will utilize variance analysis, the company will utilize variance analysis in the aspect of fixed over head spending. In the sense that it will be used to measure manpower productivity against overhead spending. This will help us to proper affirm if the rate of manpower productivity equal fixed overhead spending. In the case where fixed overhead spending is more than man hour productivity ratio, then the company will be running at a loss. This is basically a way of measuring productivity performance of man power and also assets.
Answer:
The cost per unit for product B is<em> $ 15 per unit</em>
Explanation:
Only Manufacturing Costs are used in Product Costing. Thus to find the Cost Per Unit of Product B, we Prepare a Manufacturing Cost Summary for Product B.
<u>Step 1 Prepare a Manufacturing Cost Summary for Product B</u>
Direct materials $ 15,000
Direct labor $24,000
Overhead costs($24,000/$36,000) × $54,000 $36,000
Total Cost for Product B $75,000
<u>Step 2 Calculate the Cost Per Unit for Product B</u>
Cost Per Unit = Total Cost / Number of Units Produced
= $75,000 / 5,000 units
= $ 15 per unit
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