Answer:
d. Microsoft's return on revenue was higher than that of Apple
Explanation:
Provided information
Revenues = $100
Microsoft profit = $21.5
Apple earned = $20.6
By using the above information, we can easily compute the return on revenues.
As we can see that Microsoft has earned more profit i.e $21.5 then Apple i.e $20.6 which reflects that Microsoft has higher return on revenue than Apple
Answer:
$5
Explanation:
Data provided are as follows
Purchase price of stock one year ago = $27
Now stock price= $32
Total return percentage = 37%
So, The computation of the dollar amount of dividend is:
= Purchase price of stock one year ago × Total return percentage - difference in stock price
= $27 × 37% - $5
= $10 - $5
= $5
The difference would be
= $32 - $27
= $5
Answer:
b. inelastic
c. Yes - it decreased
Explanation:
Elasticitiy of demand measures the responsiveness of quantity demanded to changes in price.
Elasticity of demand = percentage change in quantity demanded/ percentage change in price
= -2/4 = -0.5
The absolute value is 0.5
If the absolute value of the coffiecnet of elasticity of demand is less than one, demand is inelastic.
Demand is inelastic if a change in price has no effect on quantity demanded .
We can tell that the quantity demanded fell because of the negative sign in front of the percentage change in quantity demanded.
I hope my answer helps you
Answer: the bank on which the check is drawn because it must pay the check. (A)
Explanation:
A Drawee is a banking and legal term that is used to describe the party which has been directed by the depositor to pay a certain amount of money to the person who is presenting the draft or check or draft.
A typical example is if when someone is cashing a paycheck. The drawer is the bank that cashes the person's check, the drawer is the employer or person who wrote the check, and the person cashing the check is the payee.
