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algol13
3 years ago
14

Why would deca, an international association of marketing students, be classified as a nonprofit organization?

Business
1 answer:
Amiraneli [1.4K]3 years ago
5 0
<span>It functions like a business but uses the money it makes to fund the cause identified in its charter. The student organization does not make any profits on their activities and instead donates them to charity.</span>
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Windsor, the owner of Windsor's Sandwiches contacts a new supplier Gary. He tells Gary that he will pay him $375 if Gary deliver
adelina 88 [10]

Answer:

Bilateral Contract

Explanation:

A bilateral contract is an agreement between two parties in which each side agrees to fulfill his or her side of the bargain.

The bilateral contract is the most common kind of binding agreement. Each party is both an obligor (a person who is bound to another) to its own promise, and an obligee (a person to whom another is obligated or bound) on the other party's promise. A contract is signed so that the agreement is clear and legally enforceable.

In this case Windsor promises to pay $375 and Gary promises to deliver 20 pounds of cheese.

4 0
3 years ago
Equestrain Roads accepted a customer's $50,000 zero-interest-bearing six-month note payable in a sales transaction. The product
babunello [35]

Answer:

$4,000

Explanation:

The difference between the face value of note and the issuance value of the note is discount. This discount is recorded and amortized over the note life to maturity. As the note is for 6 months and There are also six months from June 30, to December 31. So, all the Discount of $4,000 ($50,000-$46,000)  will be recognized as Interest Income. This discount can be amortized and recognized as Interest Income on monthly basis or collectively at the year end.

3 0
2 years ago
If the last data point in this chart is the accumulated total (1258), what will you do to set up the chart properly?
KATRIN_1 [288]

Right click the last data point and select "Set as Total"

<h3>What is accumulated total?</h3>

A running total stands for the summation of a sequence of numbers that exists updated each time a new number stands added to the sequence, by adding the value of the new number to the prior running total. Another term for it exists as a partial sum. The objectives of a running total exist twofold. Accumulated value, also directed to as accumulated amount or cash value, exists computed as the sum or total of the initial investment, plus interest earned to date.

A chart exists as a graphical representation for data visualization, in which "the data is described by symbols, such as lines in a bar chart, lines in a line chart, or slices in a pie chart". A chart can illustrate tabular numeric data, functions, or some types of quality structure and provides various info.

Right click the last data point and select "Set as Total".

To learn more about accumulated total refer to:

brainly.com/question/13131255

#SPJ4

5 0
2 years ago
The market value balance sheet for Cherry Pie Corp. reflects a cash of $22,000, fixed assets of $209,000, and equity of $231,000
Blizzard [7]

Answer:

The correct answer is D.

Explanation:

Equity = $231,000

No. of outstanding shares = 5,000

Price of share = \frac{231,000}{5000}

Price of share = $46.2

Repurchased shares worth $18,000

No. of shares repurchased = \frac{18,000}{46.2}

No. of shares repurchased = 390

When the shares would have been repurchased then the value of equity would decrease by the same amount.

Revised equity = $231,000 - $18,000

Revised equity = $213,000

No. of shares outstanding = 5,000 - 390

No. of shares outstanding = 4,610

Thus, the price of each share would be:

Share price = \frac{213,000}{4,610}

Share price = $42.60

8 0
3 years ago
One of the more important business applications of demand elasticity is the relationship between price and total revenue. For ea
user100 [1]

Answer:

Part 1.  inelastic.

Part 2. inelastic.

Part 3. inelastic.

Explanation:

When the coefficient of elasticity of demand is less than 1, demand is inelastic, when it is equal to 1, demand is unitary elastic, when it is greater than 1, demand is elastic, and when it is equal to zero demand is perfectly inelastic.

Part 1

Price Elasticity of demand =  (dQ/dP) x P/Q

  Where : dQ = Change in Quantity

               dP = Change in Price

                 P = Initial or Old price

                 Q = Initial of Old Quantity

               dQ = $35,000 - $40,000 = - $5,000

                dP = $10 - $8 = $2

                  P = $8  

                  Q = $40,000  

Price Elasticity of demand = (-$5,000/$2) * $8/ $40,000

                       = 2,500 * 1/5000 = -0.5

Disregard the minus sign,  since elasticity of demand is less than 1, demand is inelastic.

Part 2

Price Elasticity of demand =  (dQ/dP) x P/Q

                dQ = $1,800 - $2,000 = - $200

                dP = $50 - $40  = $10

                  P = $40

                  Q = $2,000  

Price Elasticity of demand = (-$200/$10) * $40/ $2,000

                       = 20 * 0.02 = -0.4

Disregard the minus sign,  since elasticity of demand is less than 1, demand is inelastic.

Part 3

Price Elasticity of demand =  (dQ/dP) x P/Q

                dQ = $120 - $150 = - $30

                dP = $5 - $4  = $1

                  P = $4

                  Q = $150

Price Elasticity of demand = (-$30/$1) * $4/ $150

                       = 30 * 2/75 = - 0.8

Disregard the minus sign  since elasticity of demand is less than 1, demand is inelastic.

5 0
3 years ago
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