Answer:
24%
Explanation:
Price elasticity denotes the percentage change in quantity demanded in response to certain percentage change in price. Elasticity of price is calculated as follows:
Elasticity of price = % change in quantity / % change in price
-2.42 = % change in quantity / 10%
% change in quantity = 2.42 * 10%
% change in quantity = 24.2%
Answer:
Taking an acting class and auditioning for a part in a television show
When asked about his headquarters, Linus Torvalds said that it was only in his room, on his computer on top of his standing desk.
He is the only person that work there.
Linux is a popular open source program. Which means all of it's products are created for free by programmers who are willing to contribute.
Answer:
Classic Music, Inc.
C. 6.62 times
Explanation:
a) The times-interest-earned (TIE) ratio measures a company's ability to meet its debt obligations based on its current income. It is calculated as earnings before interest and taxes (EBIT) divided by the total interest payable on bonds and other debts.
b) The EBIT is $437,000 (Net Income + Income Tax and Interest Expenses).
c) Therefore, the TIE is equal to 6.62 times ($437,000/$66,000).
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.