Answer:
The answer is C. decrease the number of skis sold
Explanation:
This satisfies the popular law of demand which states that other things being equal, the higher the price the lower the quantity demanded and vice-versa.
Ski lift is a normal good which also satisfies the law of demand. The elasticity of demand is elastic meaning 1% increase in price will lead to a significant decrease in quantity demanded.
Answer:
telecommuting bc it's remote
Answer:
6 times
Explanation:
The formula and the computation of the receivables turnover ratio is shown below:
Account receivable turnover ratio = (Credit sales) ÷ (Average accounts receivable balance)
= ($1,500,000) ÷ ($250,000)
= 6 times
We simply divided the credit sales by the average account receivable balance so that the receivables turnover ratio could arrive
Answer:A. Principal, interest, and escrow for taxes and insurance
Explanation: Front-end ratio is a percentage of your total annual gross income which can be dedicated to the payment of your home loan monthly.
Back-end ratio is a term used to describe the total percentage of your annual gross income which you can put into the servising of your debts.
The maximum monthly payment which a household can sustain covers the PRINCIPAL, INTEREST, AND ESCROW FOR TAXES AND INSURANCE When calculating the maximum home price using either the front ratio or the back ratio.