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sladkih [1.3K]
4 years ago
15

When there few close substitutes available for a​ good, demand tends to be

Business
1 answer:
e-lub [12.9K]4 years ago
8 0
B. relatively inelastic
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Reliable Industries is a maker of component parts in heating and cooling ventilation systems. The company is looking for a site
sladkih [1.3K]

Answer: facility location

Explanation:

Based on the information given, it can be infered that Reliable Industries is in the process of facility location.

Facility Location simply refers to the selection of the rightt location for the manufacturing facility. The location selected should be easily accessible for the customers and transportation.

Selecting a suitable facility location is essential for an effective operation.

4 0
3 years ago
Ethical dilemmas usually have clear right or wrong answers.<br><br> True<br> False
borishaifa [10]

The correct answer should be false.

8 0
3 years ago
Which of the following can increase your credit card’s APR
poizon [28]

Paying off the full balance.

 As a guidelines, your Credit Card APR will be increased if you are responsible in paying all your credit and show that you are a good user.

3 0
3 years ago
The budgeted variable selling and administrative expense is calculated by multiplying the budgeted unit sales by the variable se
postnew [5]

Answer: True

Explanation:

Variable selling and administrative expenses increase with the number of sales so in order to get them, one needs to multiply the number of sales by the variable and administrative expenses.

This also goes for the budgeted variable selling expenses. To find out these costs, multiply the expected variable and admin expenses by the budgeted number of sales. The amount you get will show the amount of variable expenses to budget based on the sales you budgeted.

3 0
3 years ago
John Wiggins is considering the purchase of a small restaurant. The purchase price listed by the seller is $890,000. John has us
Phantasy [73]

Answer:

$763,057

Explanation:

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow in year 1-6 =  $89,000

Cash flow in year 7 = 79,000

Cash flow in year 8 = 69,000

Cash flow in year 9=  59,000

Cash flow in year 10 =  49,000 +  $790,000 = 839,000

I = 11%

Present value = $763,057

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

8 0
4 years ago
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