Elasticity of demand is a measurement used in economics to show how people respond and demand a product or service when nothing but the price changes.
If Walmart were to discount a shoe by 25% and the demand of the shoes is two pair, sales would increase by 50%. People are purchasing two pairs at this price and receiving 25% off of each pair.
Answer:
Competition and consumer trends
Explanation:
The Hays company makes a variety of products including sodas like cola, diet-cola, orange soda. Initially it had less competition, but more companies have entered the market.
Due to increased competition the Hays company will need to develop strategies to gain competitive advantage and by extension market in the more competitive market.
Also consumer trends is nowoving towards speciality sodas. The company will need to reduce the variety of sodas they produce and specialise in the product the consumers prefer.
Answer:
C. $300,000
Explanation:
Shue Capital Account:
contribution 50,000
partnership income x 30%
withdrawals (240,000)
change in capital account (100,000)
50,000 + Shue profits - 240,000 = -100,000
Shue profit = 240,000 - 100,000 - 50,000
Shue profit = 90,000
Partnership profit:
90,000 / 0.30 = 300,000
Answer:
b account payable is your answer.....
Explanation:
B. Accounts Payable
Answer:
$300,000 and ($110,000)
Explanation:
Under a plan of complete liquidation, Key Corporation distributes land (not a disqualified property) with an adjusted basis of $410,000 and an FMV of $300,000 for all Sharon's stock.
Sharon's basis in her 5% interest in the Key stock is $250,000.
Therefore Sharon's basis in the land will be the fair market value at the date of transfer which is $300,000
and
Key Corporation's recognized gain or loss on disposal will be the carrying value/adjusted basis less the market value which is the deemed sale value
$410,000 - $300,000 = ($110,000) it is a loss since it is disposed for less than its value
