Answer: e. Reference group
Explanation:
Natasha's friend's are acting as a reference group where she uses their advise (knowledge) to consider her new business.
Answer:
The banking system would definitely not be able to to create new money.
You can use an old soda bottle take off the label and replace it with your own design, how that helps. I have more ideas if you need them
Answer:
The depreciation expense for the second year would be $6400
Explanation:
Double declining balance method is that method of depreciation where depreciation on the asset continues until the value of the asset comes down to its salvage value.
Firstly we will here find the depreciation rate here , where we can use the formula -
straight line declining depreciation rate x 2,
where straight line declining depreciation rate = 100% / estimated useful life
so, (100% / estimated useful life of asset) x 2
= (100% / 10) x 2
= 10% x 2
= 20% ( double declining depreciation rate )
DEPRECIATION EXPENSE FOR FIRST YEAR =
$40,000 X 20% = $8000
DEPRECIATION EXPENSE FOR SECOND YEAR =
$40,000 - $8000 X 20%
= $32,000 X 20%
= $6400
Answer:
25%
Explanation:
Price elasticity of supply measures the responsiveness of quantity supplied to changes in price of the good.
Price elasticity of supply = percentage change in quantity supplied / percentage change in price
0.2 =5% / percentage change in price
percentage change in price = 5/0.2 = 25%
If the absolute value of price elasticity is greater than one, it means supply is elastic. Elastic supply means that quantity supplied is sensitive to price changes.
Supply is inelastic if a small change in price has little or no effect on quantity supplied. The absolute value of elasticity would be less than one
Supply is unit elastic if a small change in price has an equal and proportionate effect on quantity supplied.