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nydimaria [60]
3 years ago
12

If the price of Product E decreasing by 9 % causes its quantity demanded to increase by 14 % and the quantity demanded for Produ

ct F to increase by 12 % , what is the cross-price elasticity of demand?
Business
1 answer:
Alona [7]3 years ago
3 0

Answer:

1.33

Explanation:

Cross price elasticity of demand measures the responsiveness of quantity demanded of good A to changes in price of good B.

Cross price elasticity = percentage change in quantity demanded of good F / percentage change in price of good E

12% / 9% = 1.33

I hope my answer helps you

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Currency located at the company $ 600
Drupady [299]

Answer:

$12,900

Explanation:

Amount of cash reported in the balance sheet refers to the cash balance in the bank and other short term investments that may be liquidated in 3 months or less.

It is a current asset in the balance sheet.

Amount of cash on balance sheet = $1,500 + $6,700 + $200 + $100 + $4,400

= $12,900

5 0
3 years ago
Do debit cards have a higher interest rate than credit cards
Fed [463]
I would say yes they do
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Last week, Saturn Tide a U.S.-based energy firm, entered into an agreement with another party to exchange currency and execute t
Artist 52 [7]

Answer: Hedging

Explanation:

 Hedging is the term which is used to determining the risk management system and also eliminating all the uncertainty element from the given situation.

 The hedging is one of the type of investment process that helps in protecting from the finance related risk and by using this process the people are basically trying protect them from all the negative events.

According to the given question, Hedging is basically using to insure itself from all the foreign exchange risks in the firm . Therefore, Hedging is the correct answer.        

3 0
3 years ago
Dennisport Corporation has an acid-test ratio of 1.7. It has current liabilities of $56,000 and noncurrent assets of $87,000. Th
ra1l [238]

Answer: $33600

Explanation:

Current liabilities = $56,000

Noncurrent assets = $87,000

First and foremost, we should note that:

Acid-test ratio = Current Assets / Current liabilities

Therefore,

1.7 = Current Assets / $56,000

Current assets = $56000 × 1.7

= $95,200

Also,

Current ratio = Current Assets / Current liabilities

Therefore,

2.3 = Current Assets / $56,000

Current assets = $56,000 × 2.3

= $128,800

Then, the inventory and prepaid expenses will be:

= $128,800 - $95,200

= $33,600

3 0
3 years ago
Markus Company’s common stock sold for $4.50 per share at the end of this year. The company paid a common stock dividend of $0.6
sergey [27]

1)Earnings per share=$0.77 per share

2)Price- earning ratio = 3.57 times

3)Dividend payout ratio = 71.43%

4)Dividend yeild ratio = 20%

Explanation:

1)

The earnings per share is calculated as,

Earnings per share = net income / number of shares outstanding

=$92.400 / 120,000

EPS=$0.77 per share

2)

Th price- earning ratio is calculated as

price per earning ratio = market price per share / earning per share

=$2.75 / $0.77

Price earning ratio =3.57 times

3)

The divided payout ratio is calculated as

Divided payout ratio = Divided per share / Earning per share

=$0.55/$0.77

Divided payout ratio=71.43%

4)The Dividend yield ratio is calculated as

Dividend yield ratio = Dividend per share / Price per share

=$0.55/$2.75

Dividend yield ratio =20%

5 0
3 years ago
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