Answer:
Ep=1.67
Elastic Demand
and a decrease in price from $200 to $160 results in an increase in total revenue
Explanation:
Ep=(% change in qty/% change in price*100)
(160-120/120)*100=33.3%
(160-200/200)*100= - 20%
Therefore
33.3/-20= /-1.67/
Take the absolute value
Ep=1.67
Answer: Options (A), (C) and (D) are correct
Explanation:
Yield to maturity ,is referred to as or known as theoretical IRR or internal rate of return that is earned by a person or investor who tends to buy that bond at the respective market price, also assuming the bond is enclosed till maturity, and further knowing that coupon and other principal payments are to be made on the schedule. YTM is referred to as or known as discount rate on which sum of future cash flow tends to be equal to current price of bond.
Answer:
it is the financial skill to know how to do personal financial management, budgeting, and investing.
1. is true, and the 2. is false
Answer: None of the above.
Explanation:
The correct answer will be "None of the above." The person who handles cash cannot issue credits to customers on sales returns. This could be because their job function does not include this process.
The person also may not account for cash receipts to customers. They can also not account for cash purposes. This could also be because these processes are not included in the persons job function or duties.
Each job function has a clear set of duties that one can perform. Each business has different jobs for people and this particular one does not allow for the person handling cash to do anything else.
