Answer: 0.34
Explanation:
Gillette’s advertising elasticity tells of the impact that Gillette's advertising has on its demand.
Given the details in the question, the following formula can be used;
Advertising elasticity/ -Gillette elasticity of demand = Gillette’s advertising-to-sales
Advertising elasticity/ -(-4.5) = 7.5%
Advertising elasticity = 7.5% * 4.5
= 0.34
Answer:
The answer is: $600
Explanation:
Ellison Inc.'s total sales for the year were $18,000. By the end of the year $12,000 had been paid in cash and $6,000 still remained as accounts receivable. Out of those $6,000, the credit manager estimates 10% will be be noncollectible, that amounts to $600 ($6,000 x 10%).
Answer:
b
Explanation:
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Answer:Comparisons of financial data made within a company are called a. intracompany comparisons. b. interior comparisons. c. intercompany comparisons.
Explanation:
