Answer:
the opportunity cost of the land purchase is $34,050
Explanation:
The computation of the opportunity cost of the land purchase is shown below;
= Cash outlay × return percentage
= $227,000 × 15%
= $34,050
Hence the opportunity cost of the land purchase is $34,050
We simply multiplied the cash outlay with the return percentage so the same would be calculated
Answer:
The answer is A
Explanation:
Taxes on goods with INELASTIC demand curves will tend to raise more tax revenue for the government than taxes on goods with ELASTIC.
Goods with inelastic demand are insensitive to price. An increase price of the goods for example from an increase in tax on the goods will have no significant effect in the quantity demanded. Consumers will still buy it with an higher. So taxing this goods is a good source of revenue for the government.
Whereas goods with elastic demand are very sensitive to rice. Any slight increase in price will result in a significant decrease in quantity demanded. So government increasing tax on this good will be bad for its tax revenue because consumers won't be it
Answer:
$559,020
Explanation:
The computation of net sales is shown below:-
Total sales = $640,000
Sales discount = $14,500 + $1,450
= $15,950
Sales return = $39,000 + $4,680
= $43,680
Sales allowance = $19,000 + $2,530
= $21,350
So,
Net sales = Total sales - Sales discount - Sales return - Sales allowance
= $640,000 - $15,950 - $43,680 - $21,350
= $559,020
Therefore for computing the net sales we simply applied the above formula.
Answer:
Brand Elements.
Explanation:
Based on the information provided within the question it can be said that the term being described are called Brand Elements. Like mentioned in the question this refers to different trademarkable elements that are used to express or represent a specific brand and set it apart from the rest of the market.
