Answer:
C) 0.9.
Explanation:
The calculation of the price elasticity of demand is shown below:
Price elasticity of demand is
= (Change in quantity demanded ÷ average of quantity demanded) ÷ (Change in price ÷ average of price)
where,
q1 = 11
q2 = 9
p1 = $100
p2 = $125
So,
= {(9 - 11) ÷ (9 + 11) ÷ 2} ÷ {($125 - $100) ÷ ($125 + $100) ÷ 2 }
= {-2 ÷ 10} ÷ {25 ÷ 112.5 }
= -0.9
= 0.9
Answer:
Merger premium per share is equal to $2
Explanation:
Step 1. Given information.
- 1500 shares outstanding
- market price of 22
- Blackstone has 2.500 shares
- Outstanding price 38
- Blackstone acquire Rudy's for $36.000
Step 2. Formulas needed to solve the exercise.
Merger premium per share = (Blackstone acquire Rudy's /shares outstanding) - market price
Step 3. Calculation.
Merger premium per share = ($36,000/1,500) - $22 = $2
Step 4. Solution.
Merger premium per share is equal to $2
Answer: periodic inventory system
Explanation:
The type of inventory system used by Badger Enterprises is the periodic inventory system. The periodic inventory system is an inventory whereby updates are usually done on periodic basis.
In the periodic inventory system, physical count of inventory is done at specific intervals. This is the method used by the company in the question.
Answer:
Suburbs give people access to city jobs along with more living space. ( A )