Answer:
It is convenient for Jenna to buy her computer when the price is more elastic and the Offer of the good is large, because the greater the supply of a good, the lower the price and with the elastic demand. It means that the price varies in proportion to the the demand and supply of the good would have the price of convenience that the computer should buy.
The order of Jenna's computer is as follows:
* Jenna's work computer broke down and she needs a new one or else she can't work.
It is inelastic in this regard because Jenna needs the computer immediately and will not expect a variation in market prices.
* Jenna uses her computer recreationally and wants to be able to listen to music with her friends in two days when they visit her.
The purchase of the computer can wait two days, since although you need it to spend time with your friends, it is not extremely necessary.
* Jenna's computer works fine, but she wants to buy a newer model.
The purchase of the computer can wait therefore the demand becomes more elastic
Tertiary means commercial services.
Primary business purpose is a phrase denoting that the main intent of traveling out of town was to transact business.
A secondary industry makes products that are more likely to be consumed by individuals.
Hope this helps, have a good day. c;
Answer:
8.94%
Explanation:
Firstly, we will need to find total equity and total debt of Harrington Inc inorder to apply the Dupont equation for getting ROE
Harrington's total debt = 15.00 % × $250,000
= $37,500
Harrington's total equity will be; applying accounting equation
Asset = Liabilities + Owner's equity
Owner's equity = Assets - Liabilities
= $250,000 - $37,500
= $212,500
Therefore, using the Dupont equation, we can calculate the ROE as;
(NI/Sales) × (Sales/Total assets) × (Total assets/Total common equity)
= 19,000/325,000 × 325,000 /250,000 × 250,000/212,500
= 8.94%
Based on the sales revenue that the ice cream manufacturer got and the cost of goods sold, the total gross profit on ice cream sales is $300,000.
<h3>How is the total gross profit calculated?</h3>
This can be found as:
= Sales revenue - Cost of goods sold
Sales revenue:
= 200,000 x 4.70
= $940,000
Cost of goods sold:
= Total production cost / Total units produced x Units sold
= 665,600 / 208,000 x 200,000
= $640,000
Gross profit:
= 940,000 - 640,000
= $300,000
Find out more on gross profit at brainly.com/question/942181.
#SPJ1
Answer:
Management can implement a tax strategy to create future taxable income, but it will be detrimental to the future profitability of the company.- D.
