Answer:
The total of the combined salaries of all the employees at Company E after July 1 last year was 110% of that before July 1 last year.
Explanation:
If we use numbers, as example, we can get that:
Before July 1st Company E' s employes had in average salary of $100.000 (example).
If, after the decreased of employees, average salary was 10% percent more, that means that:
- $100.000 x 10%= <u>$10.000
</u>
So, total of combined salaries after decreased was
- $100.000+$10.000= $110.000
$110.000 is the 110% of the average salary before decreased because:
- <u>$110.000/100.000 = 110%</u>
Price elasticity of demand measures how changes in price affect the quantity of product demanded. A good or service's price elasticity of demand is calculated by dividing percentage change in the amount sought by percentage change in the price.
The ratio of the percentage change in quantity supplied to the percentage change in price is price elasticity of supply. A good or service's price elasticity of demand is calculated by dividing percentage change in amount sought by the percentage change in price.
The ratio of percentage change in quantity supplied to percentage change in price is price elasticity of supply.
To learn more about price elasticity, click here
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Answer:
$14,400
Explanation:
The computation of the net operating income in the planning budget is shown below:
= Total revenue - total fixed cost - total variable cost
= (4,800 × $31.30) - $21,600 - (4,800 × $23.80)
= $150,240 - $21,600 - $114,240
= $14,400
Answer:
correct option is D) Recognize interest revenue.
Explanation:
- Interest income is the income that a company receives from any investment or on its own debt and every penny taken on a logistic investment or loan is believed to pay some interest. Items sent to the buyer usually become debt that needs to be added without wires.
- so due to the position in the contract that the payment will be made four months later, the concept of time value of money is the basis of the interest income formula.
- Time value of money is a basic economic concept that involves the present money rather than the future money. This is true because the money you have at the moment can be invested and earned so that you can make a large amount of money in the future.
- If a party is asked to forfeit the time value of money in a business transaction, it must be compensated, hence the interest revenue.
