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3 years ago

Explain why the demand for a particular brand of apple juice is elastic.

1 answer:

6 0

Elastic demand that can also be called demand elasticity refers to how responsive the demand for this brand of apple juice is by change of prices and consumer income. if they sell out a higher amount of apple juice from customers than usual, then they’d probably sell it for a higher price.

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Warr Company is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's pr

BartSMP [9]

Answer:

Option B, IRR is 14.42%

Explanation:

The IRR is the rate of return that equates the cost of the project to the present value of cash flows receivable from the project in future.

Using an excel approach, the formula formula IRR is given as:

=irr(values)

The values in this case are

-$1300 in year 0

$450 in year 1

$450 in year two

$450 in year 3

$450 in year 4

The irr gives 14.42% as shown in the spreadsheet attached

The cost of the investment of the investment project of $1300 equals the present values of its cash flows at 14.42% rate of return

Download xlsx

4 0

3 years ago

The accounts receivable turnover is computed as __________ divided by __________. sales; accounts receivable sales; average acco

tekilochka [14]

Answer:

sales ; average accounts receivables

Explanation:

Accounts receivable turnover refers to how a business firm manage its assets. Businesses, companies uses accounts receivables to know and quantify how perfectly goods bought on credit by their customers are being paid back. It also measures how business gives credit and collects back it's debt .It is calculated as net sales divided by average accounts receivables.

6 0

3 years ago

How can we build up strong analytical skill discuss

yan [13]

Answer:

hope help you

Explanation:

Here are several ways you can improve your analytical skills:

Read more. An important part of being analytical involves being alert and remaining stimulated. ...

Build your mathematical skills. ...

Play brain games. ...

Learn something new. ...

Be more observant. ...

Join a debate club. ...

Take an exercise class. ...

Keep a journal.

4 0

2 years ago

On May 1, 2020, Vaughn Inc. entered into a contract to deliver one of its specialty mowers to Kickapoo Landscaping Co. The contr

Alchen [17]

Answer:

May 1, 2020 - No Entry

Explanation:

IFRS 15 requires an entity to recognise revenue <em>when</em> entity transfers the goods or services to the customer.

Transfer of the mower happens on May 31, 2020, this is the date at which Revenue is recognised.

The cash is also paid on May 15, 2020, according the <em>accruals concept</em>, no entry must be done on May 1,2020. Only when the payment occurs should there be a record in Vaughn books.

7 0

3 years ago

Francisca and Garden Estate, Inc., enter into a contract for the use of a Victorian mansion and its grounds for a wedding and re

labwork [276]

Answer:

The answer is letter A.

Explanation:

They will be construed agains the party who drafted the contract. However, this rule only applies where one contracting party is in a superior bargaining position, usually either as a result of greater experience or the assistance of counsel.

3 0

2 years ago