The price elasticity of demand is equal to the ________ in the ________ divided by the ________ in the _______

Learners who prefer listening to music while they learn have a _____ learning style.

ludmilkaskok [199]

Answer:

bodily/kinesthetic

Explanation:

good luck

5 0

3 years ago

Read 2 more answers

A ______ establishes a company's financial and strategic objectives, and provides a set of guidelines for achieving the desired

inysia [295]

Answer:

strategic plan

Explanation:

In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.

Typically, to formulate strategies that are well aligned with the mission of an organization or business firm, some of the activities that needs to be performed includes the following;

1. Knowing your core competencies: this involves identifying your strengths such as knowledge, technology, underlying skill, experience, ability or process that enables you to perform exceptionally and provide a unique set of products or services that meets the needs of your customers.

2. Assessment of the organization's internal strengths and weaknesses: it gives an organization certain advantages, edge and disadvantages in meeting the needs of various customers by analyzing their strengths, weaknesses, opportunities and threats (SWOT).

3. Examination of the organization's external environment: this involves examining and identifying all the factors outside of an organization that affects its performance such as customers, government policies, competitors etc.

4. Analyze your competitors: organization should ensure they are always a step ahead of the their competitors in the industry.

In conclusion, a business strategy or strategic plan sets the overall direction for an organization or business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan.

8 0

3 years ago

Hillside issues $2900000 of 9% 15-year bonds dated January 1, 2017, that pay interest semiannually on June 30 and December 31. T

DaniilM [7]

Answer:

Dr. Cash $3,549,590

Cr. Premium on Account Receivable $649,590

Cr. Bond Payable Account $2,900,000

Explanation:

The difference between the face value of the bond and the sale value of the bond is known as premium or the discount on the bond. If the face value is higher from the sale value the bond is issued on the discount and if the sale value of the bond is higher than the face value the bond is issued on the premium.

Premium on the Bond = Face value - Sale value = $3,549,590 - $2,900,000 = $649,590

The Premium will be amortized during the life of the bond to maturity and deducted from the interest expense.

3 0

3 years ago

Use the following information to prepare a multistep income statement and a classified balance sheet for Eller Equipment Co. for

Kryger [21]

Answer:

Eller Equipment Co.

Income statement

Particular Amount($) Amount ($)

Sales revenue 940,000

Less: Cost of good sold (595,000)

Gross margin 345,000

Operating expenses

Salaries expenses 122,000

Operating expenses 65,000

Warranty expenses 9,200

Un-collectible account expenses 45,000

Depreciation expenses 3,000

Total operating expenses (244,200)

Operating income 100,800

Non-operating expenses

Interest revenue 6,200

Interest expenses (36,000)

Gain on sale of equipment 19,000

Total non-operating items (10,800)

Net Income $90,000

Balance Sheet

Assets Amount$

Current Assets

Cash 41,000

Accounts receivable 108,000

Less: Allowance for doubtful (19,000) 89,000

accounts

Merchandise inventory 101,000

Interest receivable 3600

Prepaid rent 38,000

Supplies 6,500

Notes receivable 32,500

Total current assets 311,600

Property Plant and Equipment

Equipment 243,000

Less: Accumulated depreciation (66,000) 177,000

Land 95,000

Total property plant and equipment 272,000

Total Assets 583,600

Liabilities and Stockholder Equity

Current liabilities

Account payable 55,000

Unearned revenue 47,000

Warranties payable 6,500

Interest payable 6,000

Salaries payable 68,000

Total current liabilities 182,500

Long-term liabilities

Notes payable 160,000

Total long-term liabilities 160,000

Stockholders equity

Common stock 110,000

Retained earning 131,100

Total stockholders equity 241,100

Total liabilities and stockholders equity $583,600

Workings

Retained earning = Beginning retained earning + Net income - Dividend

= 61,100 + 90,000 - 20,000

= 131,100

5 0

3 years ago

On September 1 of the current year, Scots Company experienced a flood that destroyed the company's entire inventory. Because the

dangina [55]

Answer:

$82,580

Explanation:

We can calculate the estimated amount of inventory destroyed in the flood by deducting the cost of goods sold by the cost of goods available for sale.

DATA

Beginning Inventory = $215,950

Inventory purchased = $192,730

Sales = $543,500

Calculation

Inventory destroyed Iestimated) = Cost of Goods available for sale - Cost of Goods Sold

Inventory destroyed Iestimated) = $408,680 - $326,100

Inventory destroyed Iestimated) = $82,580

Working

Cost of Goods available for sale = Beginning Inventory + Inventory purchased

Cost of Goods available for sale = $215,950 + $192,730

Cost of Goods available for sale = $408,680

Cost of Goods Sold = Sales - Gross Profits

Cost of Goods Sold = $543,500 - ($543400 x 40%)

Cost of Goods Sold = $ 326,100

4 0

3 years ago

The price elasticity of demand is equal to the​ ________ in the​ ________ divided by the​ ________ in the​ ________.

The price elasticity of demand is equal to the in the divided by the in the .