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goblinko [34]
3 years ago
11

10 percent increase in the price of soda leads to a 20 percent increase in the quantity of iced tea demanded. it appears that: _

________.
Business
1 answer:
VashaNatasha [74]3 years ago
5 0
The answer is:
Cross-price elasticity of demand for ice tea is -2.
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A proposed new venture will cost $85,000 and should produce annual cash flows of $30,000, $55,000, $40,000, and $40,000 for Year
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Answer:

2 years

Explanation:

Payback period is the amount of time it takes to recover the amount invested in a project from its cumulative cash flows

In the first year, -$85,000  + $30,000 = -$55,000 is recovered

In the second year, -$55,000 + $55,000 = 0

The total amount invested is recovered in the second year

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8 0
3 years ago
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The business case for why companies should act in a socially responsible manner includes: Select one: a. It generates internal b
yaroslaw [1]

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d. All of the above

Explanation:

All alternatives are correct due to the fact that when a company acts in a socially responsible manner, it achieves several internal and strategic benefits that help in the success of the business.

Currently, organizations are no longer just profitable entities but are also promoters of positive social transformations for the locality in which they operate and for the world.

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Generally, corporate governance programs include the review and culture of continuous improvement of organizational processes, which reduces costs, risks and waste, which contributes to the generation of competitive and profitable advantages for the organization.

6 0
3 years ago
The best definition of a financial restatement is:________.
gulaghasi [49]
The correct answer is A
3 0
3 years ago
Which career professional is not part of the Business, Management, and Administration career cluster?
LUCKY_DIMON [66]

Hello!

<u><em>The answer should be the last options.</em></u>

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4 0
3 years ago
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