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babunello [35]
3 years ago
11

which of the following are examples of financial goals? chelsea wants to be able to afford her own apartment. martina wants a pa

rt-time job that will earn enough money for the maintenance on er car. tyrell wants his photos to be displayed at an art gallery. lanelle wants to become her schools class president. dante wants to save up for a new steruo. caleb wants to get good enough at playing the piano to win the talent show competition.
Business
1 answer:
spin [16.1K]3 years ago
6 0
Chelsea, Martina, and Dante. Having your photos in an art gallery, being class president, and playing the piano have nothing to do with finances :)
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A major state university in the South recently raised tuition by 12%. An economics professor at this university asked his studen
Nady [450]

Answer:

Highly inelastic

Explanation:

Price elasticity of demand is a measure of the demand of a given service or commodity by utilizing it's price change. It can be calculated using the formula;

Price elasticity of demand=%change in quantity demanded/%change in price

%change in quantity demanded=((Final demand-Initial demand)/Initial demand)×100

((299-300)/300)×100=-0.33%

%change in price=12%

12%>0.33%

The change in price is larger than the change in demand, therefor the product is highly inelastic

3 0
3 years ago
What are the two types of discretionary fiscal policy
jekas [21]
Expansionary fiscal policy and contractionary fiscal policy
6 0
3 years ago
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Shoshanna, the regional manager of a global sales organization, gives freedom to the sales representatives on the amount spent o
Citrus2011 [14]

Answer:

C. Ethical Standards

Explanation:

The ethical standards establish the parameters of behavior that owners and top executives expect from employees and also from suppliers, at least to the extent of their relationship with the organization.

3 0
3 years ago
Manufacturers that utilize process operations produce large quantities of identical products. True or False True False
Harrizon [31]

Answer:

True

Explanation:

The given statement is true as the process operations refer to the bulk production of the large quantities produced that contain similar products or identical products. Moreover, the goods are produced in a continuous flow. This is mostly done by the manufactures as they generally accepted the bulk or mass quantities of product  

4 0
3 years ago
A company uses the retail method to estimate inventories. The following information is for the first six months of the current y
Tanya [424]

Answer:

The correct answer is $240,000.

Explanation:

According to the scenario, given data are as follows:

Beginning inventory at cost = $70,000

Beginning inventory at retail = $100,000

Net purchases at cost = $270,000

Net purchases at retail = $360,000

Total sales = $320,000

According to the LIFO method.

Particulars                        Cost                       Retail              Cost/Retail Ratio

Beginning inventory             $70,000                $100,000                     70%

Net purchases                      $270,000              $360,000                     75%

Total Inventory                     $340,000             $460,000

Total sales                                                       $320,000

Ending inventory ( Estimated )

($360,000-$320,000)× 75%  $30,000

$70,000 × 70%                      $70,000

Ending inventory at cost         $100,000

Estimated cost of goods sold   $240,000.

Hence the correct answer is $240,000.

7 0
3 years ago
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