Answer:
b. small percentage changes in the price will lead to much larger percentage changes in the quantity demanded.
Explanation:
Price elasticity of demand is a measure of how responsive is quantity demanded to change in price. Its formula is given by:
= 
= % Change in Quantity Demanded / % Change in Price
So when absolute value is greater than 1, a x percentage change in price will lead to larger than x percentage change in quantity demanded.
<u>Note</u>: Whether the percentage change in quantity demanded will be just a little or very much larger than percentage change in price will depend on how much is larger than 1. But b is the still the best answer among the options.
The shareholders have the authority to remove a director in this scenario when only one member of the board of directors refuses to step down.
What is board of directors?
A board of directors, also known as the board or simply the board, is an executive committee that collectively oversees the operations of an organisation. This organisation may be for-profit or nonprofit, such as a <u>company, nonprofit, or government agency</u>.
Governmental regulations, including the corporate law of the applicable jurisdiction, as well as the organization's possess constitution and by-laws, set forth the rights, obligations, and obligations of a board of directors. These authorities may determine the number of board members, the process for selecting them, and the frequency of their meetings.
The full membership of an organisation that has voting members, who typically elect the board members, is responsible to and may be subordinate to the board in such an organisation.
Because In general, the sole authority to remove a director rests with the shareholders. A resolution to remove a director must be approved by a majority of shareholders at a special general meeting.
To learn more about board of directors
brainly.com/question/28201050
#SPJ4
Answer:
$0
Explanation:
The net income is the difference between the sales and total cost which comprises of the variable cost and fixed cost. The sales and variable cost are dependent on the number of units sold.
Let
u = number of units
s = selling price per unit
v = variable cost per unit
F = Fixed cost
I = Net income
I = su - F - vu
but vu = 0.3su
Hence
I = su - 0.3su - F = 0.7su - F
Given that the proposal will increase sales by $12,000,
New sales = su + 12000 ( in $)
and total fixed costs by $8,400
New fixed cost = F + 8400
New variable cost = 0.3( su + 12000) = 0.3su + 3600
New net income = su + 12000 - 0.3su - 3600 - F - 8400
= 0.7su - F
New net income is same as the old net income hence no increase.
Answer:
d. If the WACC is 9%, Project B's NPV will be higher than Project A's.
Explanation:
The internal rate of return is the return in which the NPV is zero i.e cash inflows equal to the initial investment
While the WACC refers to the cost of capital by considering the capital structure i.e cost of equity, cost of preferred stock and cost of debt by taking their weightage
Now if the WACC is 9% so project B NPV would be higher as compared to project A as we can see that project B IRR is greater than the project A IRR
Therefore option d is correct
Answer:
Intangible assets
Explanation:
A classified balance sheet is a financial statement that classifies the components in the balance sheet into different groups. For example, assets are classified into current or non current asset
Current assets are all the assets that are either used by a company or sold in the course of the year of the company.
Current assets include
- cash, cash equivalents
- accounts receivable
- stock inventory
- marketable securities
- pre-paid liabilities
Intangible assets are classified as noncurrent (long-term) assets
