Answer: Rs. 120,000
Explanation:
At the end of the year, both assets and liabilities had doubled. New asset and liability figures are therefore:
Assets = Rs. 200,000
Liabilities = Rs. 100,000
Net income is part of equity and as there is no equity, net income must be the entire equity.
Assets = Equity + Liabilities
200,000 = Equity + 100,000
Equity = 200,000 - 100,000
= Rs. 100,000
From this Net income, dividends were distributed to the tune of Rs. 20,000. This should be added back to see the full figure.
= 100,000 + 20,000
= Rs. 120,000
Answer:
A
Explanation:
In this question, we are asked what should be done to increase revenue, given the price elasticity of demand for fishing in the two places.
We answer the question as follows:
The value of 1.5 shows that the price elasticity of demand for fishing in South Carolina is elastic. This means a decrease in price will lead to revenue increase
Also, If price elasticity of demand is 0.63, then an increase in the price will lead to revenue decrease in Alabama.
Hence it can be said that if the price elasticity of demand for fishing lures equals 1.5 in South Carolina and 0.63 in Alabama.
To increase revenue, fishing lure manufacturers should lower prices in South Carolina and raise prices in Alabama.
Hence option a is the correct Option
Answer:
my be plastic wrep
Explanation:
because it seems to be elastic and its holds on very well
Answer:
A. The investment decreases by $771,000
Explanation:
As per the question the following details are given below :-
Net loss = $2,500,000
Total Dividend = $70,000
Owning Percentage = 30%
The computation of during the year is given below:-
Net loss + Total Dividend x Owning Percentage
= ($2,500,000 + $70,000) x 30%
= $2,570,000 x 30%
= $771,000
So, the Magnus investment in Mirika inc. reduces by $771,000
Ben's job is a Technology Solutions Project Manager. His job is to provide or give consultation on technology related conditions of businesses. He implements it through different projects at hand and ensures that it would help troubleshoot problems and make projects go on smoothly.
