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fiasKO [112]
3 years ago
11

How is value added different from profit

Business
1 answer:
maks197457 [2]3 years ago
5 0
The value is what the company earned from profits. The company's income and revenue minus explict cost.
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Suppose that business travelers and vacationers have the following demand for airline tickets from New York to Boston:
Furkat [3]

Answer

Price elasticiy of demand for business travelers: -0.16

Price elasticity of demand for vacationers: -0.29

Explanation:

To find the price elasticy of demand (PED) using the midpoint method, we use the following formula:

PED = \frac{(Q2-Q1)/[(Q2+Q1)/2]}{(P2-P1)/[(P2+P1/2]}

Where Q2 and P2 are the new quantity demanded and new price respectively, and Q1 and P1 are the old quantity demanded and price.

Plugging the amounts into the formula we obtain the results of the answer.

Because both results are in absolute value less than one (0.16 and 0.29), we can say that the PED of tickets, for both vacationers and Business traveleres, is relatively inelastic. (Demand falls less in proportion to the change in price).

4 0
3 years ago
The following information is available for Marigold Corp.: Allowance for doubtful accounts at December 31, 2019 $23000 Credit sa
vladimir1956 [14]

Answer: $20500

Explanation:

Bad debt is the amount of money that a credit owes the company and is not willing to be paid hence may not be collected.

The amount that Marigold should record as "bad debt expense" for the year ended December 31, 2020 goes thus:

Bad debt allowance balance needed =

$16700

Add: Bad debt that are written off = $26800

Less: Allowance for doubtful accounts = $23000

Bad debt expense will now be:

= $16700 + $26800 - $23,000

= $43500 - $23000

= $20500

6 0
3 years ago
A university issues a bond with a face value of $5000 and a coupon rate of 4. 41% that matures on july 15, 2018. The holder of s
Margaret [11]

The coupon payments would be made twice every year.

What is coupon payment?

Coupon payment means the cash amount that bondholders would receive from the university(bond issuer) on periodic basis till the bond matures, it is likely that the coupons are payable semiannually or annually as would be determined in this analysis.

The coupon payment is closely related with the coupon rate , which means that in order to determine the number of times in a year that coupons will be paid we can make use of the coupon received, the par value, the coupon rate, such that the frequency of coupon payments would be the unknown as shown below:

coupon receipt=par value*coupon rate/coupon frequency

coupon receipt=$110.25

par value=$5000

coupon rate=4.41%

coupon frequency=unknown(assume it is X)

$110.25=$5,000*4.41%/X

$110.25=$220.50/X

X=$220.50/$110.25

X=2

Coupons would be twice every year, which means semiannual coupon payments

Read more on coupon frequency on:brainly.com/question/16748047

#SPJ1

7 0
2 years ago
Milk sold in clear bottles might be low in ___.
anygoal [31]
Tempurature. This is because if it is in any other container, it could absorb the sun's heat, making the milk warmer. With the clear bottle, the sun's heat will mostly pass through it.
3 0
3 years ago
Read 2 more answers
Monthly sales are​ $530,000. Warranty costs are estimated at​ 5% of monthly sales. Warranties are honored with replacement produ
sashaice [31]

Answer:

C. Estimated warranty payable for $26,500.

Explanation:

The monthly sales are $530,000 and the warranty costs are 5% of monthly sales,

Therefore, Warranty costs will be = $530,000*5% = $26,500.

Now, we know that no defective products were returned during the current month, hence the other options in the questions are discarded and Estimated warranty payable is taken at the month end.

Thank buddy.

Good luck and Cheers.

8 0
3 years ago
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